Liability Insurance :: Articles

Liability Insurance Articles

Dive into the world of knowledge with these thought-provoking articles handpicked by Liability Insurance. Explore and enjoy the insights we have in store for you.

To indulge in a full read, just click on any article title.

Business Insurance Articles

The Importance of a Custom Risk Management Plan: A Guide for Australian Entrepreneurs
The Importance of a Custom Risk Management Plan: A Guide for Australian Entrepreneurs
In the fast-paced world of entrepreneurship, the only constant is change, and with change comes the inherent realm of the unknown – risk. Australian entrepreneurs, much like their international counterparts, operate in dynamic environments where unpredictability is a staple. However, the unique economic, legal, and environmental aspects of Australia demand a more localized understanding of these risks. Acknowledging this unpredictability is the first step towards mitigating potential threats to one's business venture. - read more
Freelancer or Employee? Understanding the Difference and the Liability Implications
Freelancer or Employee? Understanding the Difference and the Liability Implications
The contemporary business landscape in Australia is witnessing a significant shift towards the gig economy, with a growing number of professionals opting for the flexibility and autonomy that freelancing offers. This trend has not only revolutionized the way work is performed but has also introduced new dynamics in the legal distinctions between freelancers and traditional employees. - read more
The Cost of Public Liability Coverage: Is It Worth It?
The Cost of Public Liability Coverage: Is It Worth It?
Public liability insurance is a crucial safety net for both businesses and individuals, providing protection against the financial fallout from claims of injury or damage that your business operations might cause to third parties. This type of insurance is designed to cover legal and compensation costs, safeguarding you from unexpected financial burdens. - read more
The Impact of Environmental Liability on Australian Business Operations
The Impact of Environmental Liability on Australian Business Operations
In today's ever-evolving business landscape, the significance of environmental sustainability and legal accountability is increasingly paramount. Australian enterprises, in particular, are encountering a growing need to understand and manage environmental liability. This reality not only influences corporate image but also carries substantial financial and legal ramifications. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

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Insurance News

ABC Insurance Offers New Professional Indemnity Option for NSW Solicitors
ABC Insurance Offers New Professional Indemnity Option for NSW Solicitors
15 Dec 2025: Paige Estritori
In a significant development for New South Wales' legal community, ABC Insurance has announced its entry into the professional indemnity (PI) insurance market, providing solicitors with an alternative to the longstanding sole provider, Lawcover. This move introduces competition and choice for over 23,000 solicitors in the state, who have traditionally relied on Lawcover for their mandatory PI insurance. - read more
ProRisk Unveils Comprehensive Professional Indemnity Insurance via ProBind
ProRisk Unveils Comprehensive Professional Indemnity Insurance via ProBind
15 Dec 2025: Paige Estritori
Professional Risk Underwriting Pty Ltd (ProRisk) has launched a new Professional Indemnity (PI) Insurance policy available through their ProBind platform. This product caters to Australian-domiciled organisations with up to 500 employees and a turnover of up to $25 million, covering a wide array of 506 professional occupations, including consultants, accountants, engineers, and legal professionals. - read more
Professional Bodies Advocate for Insurer Recognition of Risk-Reducing Schemes
Professional Bodies Advocate for Insurer Recognition of Risk-Reducing Schemes
15 Dec 2025: Paige Estritori
The Professional Standards Councils are actively seeking to enhance insurer recognition of schemes designed to improve risk management among professionals. These schemes, established under state and territory legislation, aim to limit liability for members in exchange for adherence to stringent risk management practices, including mandatory professional indemnity (PI) insurance. - read more
Allianz Partners Highlights the Risks of Travelling Uninsured
Allianz Partners Highlights the Risks of Travelling Uninsured
14 Dec 2025: Paige Estritori
Recent research commissioned by the Insurance Council of Australia (ICA) and the Department of Foreign Affairs and Trade's (DFAT) Smartraveller program has unveiled a concerning trend: approximately 14% of Australian travellers embark on international journeys without any form of travel insurance. This statistic has prompted Allianz Partners to urge Australians to reconsider the importance of securing adequate coverage before travelling abroad. - read more

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Knowledgebase
Elimination Period:
The time period between an injury and the receipt of benefit payments from an insurer, particularly in disability insurance.