Professional indemnity

Your advice.
Backed in writing.

For businesses that are paid for what they know. Tell Gary what you do and the contracts you take on, compare PI across insurers, and a real broker places the policy.

Gary at a drafting table with an architect, looking over a building plan

What it responds to

When the work is the risk.

Public liability is for injury and damage. PI is for the other kind of claim: a client’s money, lost to your advice or your work. PI vs public liability, explained.

The figures were wrong

Negligent advice or error

A client says your advice or your numbers cost them money. PI responds to claims like that, on the terms of the PDS.

There’s a mistake in the plans

Design & specification errors

A drawing, a spec or a build of yours has an error in it, and someone else wears the cost of fixing it.

The deadline came and went

Breach of professional duty

A missed deliverable a client says cost them. Whether it’s covered turns on the policy wording, which we link with every quote.

A letter from their solicitor

Claims & demands

The first you hear of it is a letter of demand. That is the moment to tell your broker, before you reply.

Being right still costs money

Legal defence costs

The cost of defending a claim, generally payable even when the claim comes to nothing, within the policy’s limits.

Need the pack too?

Liability, property & the rest

Add the business pack inside the same quote, and pay for both at once.

See business insurance

Test yourself · 4 minutes

Who it’s for

Paid for what you know.

You pick your business from the full list of Australian industry codes. Each insurer decides which it writes, and the quote says so plainly when one won’t.

Take the Friday Letter Test Read the PI conditions guide PI or public liability? Take the quiz

Consultants
IT & software
Architects & designers
Engineers & drafters
Marketing & creative
Bookkeepers
and plenty more

How it works

Three steps. One sitting.

Tell Gary what you do

Your business, the services you provide and the largest single contract you take on.

The insurers price it

Each one rates the same answers, and every quote names its insurer and links its PDS.

A person places it

You pick and pay; a broker places the policy and your documents arrive by email.

Before you start

What the form asks.

Intake sheeta few minutes

What you do: pick it from the list, and we look your ABN up
The numbers: turnover and staff, roughly
The services: what you provide, in a sentence
The contracts: the largest single one you take on
The history: PI claims in the last five years, plainly

Already quoting the pack? PI is added inside the same form.

Worth knowing

The bits people wish they’d read.

Why isn’t PI part of the business pack?

The pack’s liability section responds to injury and damage to property. PI responds to financial loss from your professional advice or service. They are different risks written on different policies. You can buy PI on its own, or beside a pack in the same quote and one payment.

What does “claims made” mean?

PI is generally written on a claims-made basis: the policy in force when a claim is made responds, not the one in force when the work was done. That is why continuous cover matters, and why the PDS sets out any retroactive date.

What if I take on large contracts?

If your largest single contract is over $10 million, the quote goes to an underwriter rather than being priced online, and a broker comes back to you with the figure.

Can gyms and personal trainers buy it here?

Not through Gary. Fitness businesses carry a different kind of risk, and the insurers we use for PI don’t write it. Their liability sits on the business pack instead.

What do I have to keep doing once I’m covered?

Keep the services you declared current, notify complaints and circumstances in writing before the policy ends, and don’t admit, offer or settle anything without the insurer’s consent. Our guide, “Professional indemnity conditions”, walks through what real wordings say.

Is this advice?

Everything here is general information only. It doesn’t consider your objectives, financial situation or needs. We explain how PI works and show what businesses like yours commonly choose; read the PDS and decide what fits.

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