Professional Indemnity Insurance for Australian Businesses

Protect yourself and your business against claims arising from mistakes, advice errors, negligence or breaches of professional duty.

Cover for professional negligence and civil liability
Legal defence costs and settlements covered (subject to wording)
Designed for consultants, contractors and service providers
Critical for advice-based businesses and professionals

Get My Professional Indemnity Insurance Quote

Request a Professional Indemnity Quote

Full Name

Business name

Email Address

Phone Number

Profession / industry

Description of services provided

Required indemnity limit

Annual revenue

No obligation. Customised quotes for your profession.

Understanding Your Cover

What Is Professional Indemnity Insurance?

Professional indemnity insurance protects businesses and individuals against financial loss, defence costs and legal expenses arising from claims alleging errors, omissions, negligence or breaches of professional duty in the services or advice they provide.

Even allegations that turn out to be without merit can result in substantial legal costs and compensation demands. This cover helps protect your business reputation and financial stability by helping meet these liabilities. Professional indemnity insurance is often required by legislation, professional associations, licensing bodies or client contracts.

Is This For You?

Who Professional Indemnity Insurance Is For

Professional indemnity insurance is commonly arranged by:

Business consultants and advisors

Accountants, bookkeepers and auditors

Engineers and technical specialists

IT professionals and software developers

Architects, designers and draftspeople

Marketing, media and creative agencies

Management consultants and strategists

Surveyors, valuers and inspectors

Note: Every business providing professional services, advice, opinions or designs should consider this cover.

Cover Options

What Does Professional Indemnity Insurance Typically Cover?

Professional Negligence

Covers claims alleging lack of reasonable care, skill or diligence in the delivery of professional services.

Errors & Omissions

Protection for losses caused by mistakes, oversights or incorrect advice.

Legal Defence Costs

Covers legal advisors, barristers and court-room costs, regardless of claim outcome.

Breach of Professional Duty

Protection where contractual or professional standards are not met.

Beyond the Basics

Additional Covers & Policy Extensions

Civil liability protection
Misrepresentation and misleading conduct cover
Breach of confidentiality and privacy
Limited intellectual property infringement defence
Defamation, libel and slander
Loss of documents or data
Inquiry & investigation cost cover
Vicarious liability for contractors
Retroactive cover for historic work
Run-off cover after ceasing operations

Policy Options

How Professional Indemnity Insurance Is Structured

Bespoke Cover

Tailored to your business scope and activities, ensuring the services you provide are properly covered.

∞

Extensions & Benefits

Run-off cover for cessation of past work or businesses, legal defence costs. Available coverage for defamation, loss of documents, breach of intellectual property, and dishonesty of employees.

Why It Matters

Tailored professional indemnity solutions

Professional disputes can be costly and complex

Defence costs apply even if the allegation is unproven

Clients and regulators often require proof of cover

Professional bodies may mandate minimum limits

Past work can still attract liability years later

Protect Your Business and Professional Reputation

Talk with a broker experienced in professional liability cover.

Get My Professional Indemnity Insurance Quote

FAQ's

Professional indemnity insurance protects your business if a client claims they suffered loss due to advice you gave, services you provided, errors you made or a breach of your professional duties.

Any business providing professional services, advice, designs or technical expertise should consider this cover. It is often required by licensing bodies, professional associations and client contracts.

For some professions it is mandatory under legislation or professional association requirements. Even where not required, many clients will insist on it before engaging your services.

A claims-made policy only responds to claims first made during the active policy period. This means the policy must be current when the claim is lodged, even if the work was performed earlier.

The retroactive date determines how far back the policy will cover work you performed before the current policy began. Ensuring this date extends to cover all relevant past work is critical.

Yes. Legal defence expenses — including lawyers, barristers and court costs — are typically included, regardless of whether the claim has merit.

Some policies include loss of documents and data cover, but this can vary. Specialist cyber or technology errors may require additional cover.

Run-off cover protects against claims made after a business has ceased trading. This is important where past work could still give rise to a claim.

Vicarious liability extensions can cover claims arising from the actions of contractors working on your behalf.

The limit depends on your industry, contractual requirements, client expectations and the potential cost of claims. Your broker can help determine an appropriate level.

A broker can structure tailored cover, compare multiple insurers, ensure contractual and regulatory compliance, and assist with claims support.

If you need to make a claim, contact Seguro Insurance Brokers directly. Our team will guide you through the claims process, help you gather the required documentation and liaise with the insurer on your behalf to ensure your claim is handled efficiently.

Insurance made easy.