Product Spotlight: Take a Closer Look at Professional Indemnity Insurance

The B4B Race Card: A Closer Look at Professional Indemnity Insurance

It’s time for the B4B Cup, the deciding race for our top sales performing Professional Indemnity occupations for Quarter 3 of the 2020-21 season.

Our competitors are heading into the stalls.  The field is set and ready to run … And they’re off!

Straight out of the gate is Accountants & Bookkeepers who take an early lead thanks to some insurers offering unlimited reinstatements but Mortgage Broking is hot on their heels with automatic run-off making them a strong contender.

Close behind is Business Coaches and Management Consultants both with $0 excess, exclusive of costs, bringing up the rear.

Allied Health and Information Technology Consultants are showing some speed with their combined PI & PL offering.  Engineers and Real Estates Agents have run a steady race, but here comes Accountants & Bookkeepers roaring back on the outside.  It’s neck and neck as they approach the finish line, and what a race, it looks like we will have to go to a photo finish!

Our Professional Indemnity Offering

BizCover for Brokers has an excellent Professional Indemnity offering that covers over 2,000 occupations. We also boast:

  • Four insurer partners offering PI – AIG, Dual, QBE and Vero
  • Limits up to $10 million
  • Insured turnover up to $50 million

Both SME and micro-SME clients fit under our PI offering. In fact, we had a quote rate of 91.69% for all PI submissions received in 2020.

You can also bind other products for your clients through the B4B platform with a single data entry. So, if a client is also looking for Public Liability, Management Liability or one of five other products on offer, you can take care of their SME business insurance needs at the same time.

Join the B4B Winner’s Circle

BizCover for Brokers has streamlined the binding process, making it easy to find Professional Indemnity insurance and other great products for your SME clients. Receive multiple quotes for multiple products from multiple insurers with a single data entry, helping you convert more leads in less time.

With our broad appetite, full policy lifecycle management and dedicated support team, you can find your SME clients cover that suits their small business needs.

Log in to bind Professional Indemnity insurance for your SME clients.

Ready to streamline your broking process? Sign up now to get started.

*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained in this email is general only.  BizCover for Brokers is a business name of BizCover Pty Ltd (ABN 68 127 707 975; AFSL 501769). BizCover for Brokers does not compare all general insurers or insurance products in the market, only those listed on our website. We act as agent of the insurer in respect of any insurance policy purchased through us and not as the agent of you or your client.