Christmas & New Year Office Hours
Pacific Indemnity would like to wish all of our partners and customers a Happy and Safe Holiday season. Our office will be closed from COB 23rd December 2020 and will...
Category: Company News
Current Professional Indemnity (PI) Market, Expectation and Profitability of Pacific Indemnity Portfolio
First, we would like to thank you our partner brokers for your support. We understand that there has been market concerns in the past 18 months with the increase in...
Meet Daniel Troy, our Legal & Claims Manager
With effect from 1 July 2020, Pacific Indemnity, through the appointment of Daniel Troy as our Legal & Claims Manager, will begin managing all new professional indemnity claims. Daniel was...
Pacific Indemnity welcomes a new security to Professional Indemnity portfolio
We are happy to inform we have entered into a new underwriting agency agreement with Zurich Australian Insurance Limited (Zurich) to provide 25% of the capacity for Pacific Indemnity’s professional indemnity...
Pacific Indemnity News
Pacific Indemnity News items are emailed to our Partner Brokers on an ad-hoc basis and contain items relating to: Professional Indemnity coverage details Risk Management hints & tips Current issues...
NSW Small Business Stamp Duty Exemption effective 1st January 2018
From 1 January 2018 eligible small businesses (generally with less than $2million turnover) will not be required to pay duty on certain types of insurance, including: Occupational indemnity insurance (or...
“Incident” logging and reporting – Professional Indemnity Risk Management
Summary of Content When it comes to awareness and notification of potential claims in PI insurance, a solution is needed. In an organisation, Senior Management does not always know of...
Transfer of CGU Insurance Limited business into Insurance Australia Limited
On August 1st 2017, CGU Insurance Limited transferred all of its insurance into a related company Insurance Australia Limited ABN 11 000 016 722 (IAL). In doing so, Pacific Indemnity...
Financial Planners – Fraud Risk Management
Case – In brief: A Financial Planner was requested by email (apparently from a client) to facilitate the withdrawal of funds from that clients’ investment account. Unknown to the Financial...