ProRisk launches new Professional Indemnity Insurance Product on ProBind

Professional Risk Underwriting Pty Ltd (ProRisk) are pleased to announce the launch of a new Professional Indemnity Insurance Policy on ProBind, www.probind.com.au our flexible and fast broker portal.

ProRisk’s Professional Indemnity Insurance Policy is for organisations domiciled in Australia with a maximum of 500 employees and up to $25m in turnover. It is suitable for a broad range of industries from Accountants to Zoologists. The new product is available for 506 professional occupations all in all. Just some examples of professionals covered include consultants, management consultants, event consultants, media, celebrants, security, accountants, real estate, design, architects, engineers, environmental & agricultural consultants, science, education & training and legal.

Backed by the security of Swiss Re Corporate Solutions, ProRisk’s Professional Indemnity Policy is competitively priced and has several benefits including a broad appetite, civil liability language, up to one-hour free legal advice, choice of limit and excess, access to the ProRisk Whistleblower Hotline service as well as ProRisk’s Contract Review Service.

“In 2003, ProRisk was founded and our very first product was Professional Indemnity Insurance. It’s the product that we’re best known for and throughout our history we’ve underwritten this class profitably and been able to provide stable returns to capacity providers at competitive prices to our policyholders. With PI now on ProBind, the flexibility it offers including the support available from our helpful underwriters (if required), combined with our award-winning claims service we feel makes ProRisk the go to market for Professional Indemnity Insurance,” says Hamish McDonald Nye, ProRisk’s Executive Director.

“I’m really excited about this new product and what we’ve been able to bring together” says Jaydon Buke-Douglas, ProRisk’s Head of Operations & General Counsel. “Our new Professional Indemnity product is the newest edition to the ProBind system. Brokers will now be able to get a quote in real time and bind online in under 2 minutes. At the same time, they can get quotes for Management Liability and Cyber”, he says. “Redefining the way we trade with and service our broking partners is what we are doing to set us apart from the competition.”

To celebrate the launch of the new PI product, ProRisk are running a competition, called Quid Pro Quote. From now until midnight Thursday the 30th of June, every 5 quotes you get on ProBind will get you one entry into the draw to win 1 of 14 prizes from our prize pool. In addition to this, every single quote of ProRisk’s new Professional Indemnity product that is done through ProBind will give you an additional entry into the draw. There are no limits on how many times you can enter – the more quotes you get, the more chances you’ll get!

Prizes up for grabs:

2 x $500 Red Balloon Voucher
2 x $500 Webjet voucher
1 x Amazon Echo Show 5 2nd Generation Charcoal
1 x Fitbit Inspire 2
2 x $150 The Iconic Gift Cards
6 x $35 Uber Eats Gift Cards

To enter, simply register for a profile on ProBind (if you haven’t already!), get 5 quotes on ProBind, or a single Professional Indemnity quote and you’re automatically entered – easy as that!

For brokers who are interested in learning more about ProRisk’s new Professional Indemnity Product, ProRisk will be running a series of repeat webinars, focused on the product over the coming months. All webinars will be CIP/CPD accredited from NIBA and ANZIIF. Brokers can register to attend one of the webinars for free by visiting the Education Hub on ProRisk’s website or by clicking here.