Professional Liability

Overview

Professional Liability insurance is an essential part of any profession and a highly complex and sensitive area of law.

Professional liability claims require specialist technical knowledge as well as appropriate relationship management skills to ensure policy holders feel understood and the best outcome can be achieved.

Our Professional Liability team includes five partners with specialist expertise managing claims made against individuals operating in a broad range of professions – from barristers, financial advisors and real estate professionals, through to engineers and architects.

We have acted in some of the most complex and sensitive cases in Australia, including class actions. We have acted on behalf of domestic and international insurers as coverage and defence counsel on professional liability, directors’ and officers’ liability, employment practices, statutory liability, and management liability matters for more than three decades.

We have represented Lloyd’s syndicates, underwriting agencies, captive insurers, affinity groups, self-insureds, and insurance brokers.

In addition to our claims expertise, we advise on risk management and minimisation strategies, and policy drafting and interpretation. We also assist with procurement agreements, employment and contractor arrangements supplier agreements, securities, and financing.

Our team has longstanding trusted relationships with industry organisations including in the real estate, legal, financial services, building, design, construction and health related industries.

We have acted for the Real Estate Institute of Queensland Professional Indemnity Scheme for more than 25 years – assisting with both the defence of claims but also the development of policy wording and the delivery of risk management training.

We also represent the legal profession, including barristers.

We respect all stakeholders in a claim and work together to manage risk and identify the best possible strategy for resolution with all key stakeholders.

Cyber breach insurance – including prevention and incident management

As the volume of cyber incidents and data breaches increases, so too does the need for cyber insurance. It is now critical to have cyber insurance that includes protections around malware, business interruption, data breaches, reputational damage, and notification costs. Our cyber risk team understand the complex, dynamic and commercially sensitive nature of matters arising under cyber policies. We work closely with insureds, insurers, underwriters, brokers, and risk managers across all cyber risks, including ransomware, unauthorised disclosure of data, business interruption, and denial of service.

The team

Featured insight

Professional Liability Guide (2nd edition)

The Professional Liability Guide 2nd edition will again provide assistance to underwriters, claims managers, brokers, and their professional clients and advisers in evaluating the potential exposure to claims that fall under the purview of professional liability insurance.

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