PI and Risk

Disputation in the Australian building and construction market is out of control with insurers facing staggering loss ratios on professional indemnity insurance, which results in accessibility and affordability issues for our members.

If you are struggling with your PI coverage, talk to Planned Cover. Our work with the Insurance Council of Australia is a key aspect of our advocacy on PI and risk, as is our partnership with nPlan.

Talk to Planned Cover

Planned Cover assists its clients to understand and manage their professional risks through more than just an insurance policy. Planned Cover’s main objective is to provide all professionals with access to a comprehensive package of tailored services.

To ensure your business is in the best place at renewal of your PI Insurance remember to:

Use standard contracts with good risk profile and capped liability

Show your team understands risk through training and tools

Use a specialist broker that understands our industry

Insurance Insights

Consult Australia is the leading voice on professional indemnity insurance availability and access for consulting businesses in Australia.

Our insurance insights are sought after by government and members. Our advocacy seeks to tackle the issues that lead to unnecessary disputation in the market. We maintain strong relationships with the insurance sector to drive for change. We leverage our knowledge and relationships to achieve changes in government contracting and policy settings to positively impact our member businesses and their access to affordable PI insurance.

In January 2024 we produced our Look Ahead - PI Insurance and Advocacy setting out the many challenges faced by members on the already business-critical issue of accessibility and affordability of professional indemnity insurance. In August 2024 we produced our Progress Report demonstrating some key advocacy wins achieved, click below to read more.

READ PROGRESS REPORT