PI for brokers, underwriting agencies
LAUW is delighted to announce the release of its new professional indemnity product for insurance brokers and underwriting agencies.
All licensed insurance brokers and underwriting agencies must maintain adequate professional indemnity insurance to meet the many requirements of their Australian financial services licences. Failure to maintain suitable cover could result in a breach of licensing obligations.
Developed over time, this new product meets both the regulatory and broader coverage needs of today’s insurance brokerages and underwriting agencies.
For the proposal form, please visit LAUW’s website.
News Alert September 2019