Pacific Indemnity Underwriting Solutions

Awareness and notification of potential claims in PI insurance needs a solution. Senior Management doesn't always know of issues at the coal face

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The past 18 months have seen challenges for complex, large risks and professions previously considered loss leaders, due to reduced capacity from Lloyd’s-supported MGAs and local insurers.

Pacific Indemnity focuses on professional and related risk insurance policies, including specialist coverage in its portfolio.

Pacific Indemnity acknowledges market concerns over rising professional indemnity rates, particularly in construction and financial services, where capacity shortages have affected some professions.

Professional indemnity insurers will focus on risk exposure from non-compliant building products, following recent events like the Grenfell Tower fire.

Pacific Indemnity expanded its Directors & Officers product to include Entity Liability, Entity EPL, Crime (including social engineering), Statutory Liability, and Tax Audit.

Pacific Indemnity secured a binder from Lloyd’s to offer sustainable, long-term Directors & Officers coverage to mutual clients.

Pacific Indemnity launched a new Management Liability product tailored to Australian SMEs and mid-market businesses, addressing gaps in traditional policies.

Pacific Indemnity holds a General Liability binder agreement with Zurich to diversify security for partner brokers and expand its product portfolio.

Pacific Indemnity appointed Daniel Troy as Legal & Claims Manager in July 2020 to oversee all new professional indemnity claims. Troy is qualified to practice in the Supreme Court of Queensland and the High Court of Australia.

Pacific Indemnity collects customer information to provide products and services, including personal and sensitive data such as claims history.

Pacific Indemnity specializes in financial lines insurance, including professional indemnity, public and products liability, directors & officers liability, and management liability. The agency launched in 2015 under Jun Acance and is now led by Edward Rawnsley.

Pacific Indemnity distributes insurance only through licensed brokers or intermediaries.

Pacific Indemnity offers claim forms and information about its claims process.

Pacific Indemnity provides updated Risk Appetite and contact lists for Professional Indemnity and Broadform Liability.

Pacific Indemnity is a boutique underwriting agency specialising in professional risk insurance products.