Brookvale Insurance Brokers are one of the top 20 Australian owned brokers. Brookvale has advised innumerable clients on all forms of insurance since 1983.
Professional & Financial Risks
Are highly technical types of insurance. In recent years the scope of cover and the number of insurers operating in this market segment, have narrowed significantly. It is very important that your broker is a specialist in this market with the knowledge and experience to negotiate not only preferential pricing but to make sure that cover is adequate for your needs.
Ready to Protect Your Business?
Contact our specialist team today for a comprehensive insurance review and quote tailored to your business needs.
Types of Insurance Policies
Professional Indemnity
Covers legal liability to compensate third parties for loss sustained by them arising out of negligent acts, errors or omissions or civil liability on the part of the insured in the conduct of their business.
Medical Malpractice
Covers insurance against claims that a health care providers were negligent, had failed to meet the acceptable standard of care owed to the patient, and thus had caused injury to the patient. This covers payments of compensation to claimants as well as associated legal expenses.
Information Technology Liability
Covers technology errors or omissions, technology media liability and technology broadform public and products liability.
Cyber Liability
Cyber liability coverage can involve both first-party and third-party losses. First-party losses relate to the information in computer systems while third-party losses involve unauthorized use of or access to a company’ s computer network.
Superannuation Trustees Liability
Covers trustees and trust managers of superannuation funds. Covers fiduciary legal liability to compensate third parties (including legal costs incurred) arising out of the negligent administration of the trust or fund.
Surety & Performance Bonds:
A surety bond is a contract of guarantee which has three parties:
- The surety or guarantee, ie the Insurance Company.
- The person who is to perform the subject matter of the bond, ie the Contractor.
- The person in whose favor the bond is issued, ie the Owner or Obligee.
Under a bond, the surety undertakes to hold itself responsible up to the specified amount for the non performance or malperformance of an expressed obligation, ie the obligation of the Contractor.
Management Liability
We strongly recommend Management Liability Insurance for all Pty Ltd companies. Management Liability Insurance can protect against:
Directors’ & Officers’ Liability Insurance
protects the directors and officers against claims resulting from management decisions.
Crime Insurance
protects the company from direct losses resulting from employee theft and a number of other insuring clauses that protect the company from third party thefts.
Employment Practices Insurance
protects the company, its directors, officers and employees from claims brought by current, past or prospective employees.
Statutory Liability
protects the company, executives and employees against claims resulting from the issuance of a Penalty notice to pay a pecuniary or administrative fine or penalty pursuant to an Act of parliament.
Internet Liability Insurance
protects the company against traditional publishing related exposures created by the existence of a company website.
Trustees Liability Insurance
protects the company, management and employees involved in the management of the Superannuation Fund and the Funds themselves against losses.
Miscellaneous Professional Indemnity
protects the company its directors, officers and employees from claims resulting from the professional service they have provided.
Kidnap Ransom and Extortion Insurance
protects company from ransom and extortion payments as a result of a kidnapping or extortion threat.
Why Choose Brookvale Insurance Brokers?
Specialist Expertise
Our team specializes in business insurance, understanding the unique risks and requirements of different industries.
Tailored Solutions
We work closely with you to understand your business and create customized insurance packages that fit your specific needs.
Cost Effective
As independent brokers, we compare policies from multiple insurers to find you the best coverage at competitive rates.
Ongoing Support
We're here when you need us most - from initial setup through to claims assistance and policy reviews.