Protect your business against fines, penalties and legal defence costs arising from unintentional breaches of Australian laws and regulations.
Statutory Liability Insurance protects businesses against financial loss arising from unintentional breaches of Australian legislation. This includes defence costs and, where legally insurable, fines and penalties imposed by regulators.
Unlike public or professional liability insurance, which focus on third-party claims, statutory liability insurance responds to regulatory investigations, enforcement actions and compliance breaches across workplace safety, environmental, consumer and other regulatory frameworks. This cover is particularly important for businesses operating in highly regulated industries or with complex compliance obligations.
Statutory Liability Insurance is commonly arranged by:
Covers defence costs and insurable fines arising from pollution, waste disposal or environmental compliance breaches.
Covers costs and penalties related to misleading conduct, product issues or breaches of consumer law.
Covers defence costs and certain penalties arising from workplace or employment law breaches, where permitted.
Covers professional fees incurred when responding to statutory notices, investigations or prosecutions.
Statutory Liability Insurance is arranged annually, with limits selected based on regulatory exposure, industry sector, and operational complexity. It responds to alleged statutory breaches, including investigations and prosecutions by regulatory authorities.
Limits apply per claim and in the aggregate, typically covering defence costs and insurable fines or penalties where legally permitted. Excesses may apply per claim or breach type.
Regulatory breaches can result in significant fines and legal costs
Investigations can be disruptive and expensive
Provides confidence for directors, owners and investors
Supports business continuity and reputation management
Often required by financiers, contracts or regulators
Speak with a broker experienced in compliance and regulatory insurance.
Get My Statutory Liability Insurance QuoteImportant: Statutory Liability Insurance does not cover intentional breaches, criminal acts, fraudulent conduct, punitive damages or uninsurable fines. Employee dishonesty and cyber-related losses are typically insured separately. Coverage, limits and exclusions vary significantly between insurers. Advice from a Seguro insurance broker is recommended to ensure alignment with statutory obligations and regulatory exposure.