Pacific Indemnity News
Pacific Indemnity News items are emailed to our Partner Brokers on an ad-hoc basis and contain items relating to: Professional Indemnity coverage details Risk Management hints & tips Current issues...
Category: Company News
NSW Small Business Stamp Duty Exemption effective 1st January 2018
From 1 January 2018 eligible small businesses (generally with less than $2million turnover) will not be required to pay duty on certain types of insurance, including: Occupational indemnity insurance (or...
“Incident” logging and reporting – Professional Indemnity Risk Management
Summary of Content When it comes to awareness and notification of potential claims in PI insurance, a solution is needed. In an organisation, Senior Management does not always know of...
Transfer of CGU Insurance Limited business into Insurance Australia Limited
On August 1st 2017, CGU Insurance Limited transferred all of its insurance into a related company Insurance Australia Limited ABN 11 000 016 722 (IAL). In doing so, Pacific Indemnity...
Financial Planners – Fraud Risk Management
Case – In brief: A Financial Planner was requested by email (apparently from a client) to facilitate the withdrawal of funds from that clients’ investment account. Unknown to the Financial...