Professional services insurance for consultants and firms
If your business sells expertise, your biggest risk is a client claiming your advice or work cost them money. Professional firms also hold sensitive client data and rely heavily on technology. We help consultants, accountants, engineers, designers, IT and marketing firms put the right protection in place.
Risks professional services face
- Claims of negligent advice, errors or missed deadlines
- Data breaches exposing client information
- Email scams and fraudulent payment requests
- Contracts requiring specific PI limits
- Damage to office equipment and contents
- Claims against directors and officers
What professional services insurance usually includes
Professional Indemnity Insurance
The key cover for professionals, protecting you against claims arising from your advice and services.
Cyber Insurance
Incident response and financial protection for data breaches, ransomware and system outages.
Business Package Insurance
Office contents, portable equipment and business interruption.
What to check before you buy
Professional indemnity is written on a claims-made basis, so continuous cover and your retroactive date matter. Read client contracts carefully, as some ask you to accept liability beyond what a standard policy covers. Ask us about management liability, which can protect directors, officers and the company against claims like employment disputes and regulatory investigations.
Why work with a broker?
Policies that look similar on price can differ a great deal in what they pay for. As your broker, we act on your behalf: we ask the right questions about your business, compare options, explain the fine print in plain language and support you through any claim, wherever you are in Australia.
Common questions
What insurance does a consultant need?
Professional indemnity is the priority for most consultants, followed by public liability, cyber and cover for office and portable equipment.
Is professional indemnity compulsory?
It's compulsory for some professions through legislation or professional bodies, and many client contracts require it.
What is management liability insurance?
It protects directors, officers and the company against claims such as employment practices disputes, regulatory investigations and some statutory liabilities.
Does my PI policy cover contracts with indemnity clauses?
Not always. Professional indemnity generally covers your liability at law, and may not cover extra liability you’ve agreed to accept under a contract. Ask us to review client contracts before you sign, especially those with broad indemnity or limitation clauses.
Do I need cyber cover if my data is in the cloud?
Yes. Cloud providers’ terms usually limit their liability, and a breach of your accounts or systems is still your responsibility. Cyber insurance helps cover incident response, data recovery, notification costs and claims from affected clients.
How to get a quote
Getting a quote for your business is simple, and there is no obligation. Call Carly on 0497 100 469 or send an email with your business name and ABN, a short description of what you do, your approximate turnover and number of staff, a copy of your current policy schedule if you have one, and details of any claims in the last five years.
If your contracts or lease set specific insurance requirements, send those too.
We will ask a few questions about your operations, approach suitable insurers on your behalf and come back with options explained in plain language, including what is and isn’t covered. Once you choose, we arrange your cover and send your documents, then review it with you at every renewal so your insurance keeps pace with your business.
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