New updates to our Professional Indemnity offering

On 21 September 2026, we introduced two new updates to our Professional Indemnity (PI) offering.

What's new?

Cost exclusive deductibles:

Cost exclusive deductibles are now available through WebRater for eligible Professional Indemnity risks with deductibles of $5,000 or less.

This change applies to new business and renewals created and issued from 21 September 2026.

Unlimited retroactive cover now included for WebRater New Business:

For all new business quoted through the WebRater from 21 September 2026, Unlimited Retroactive Cover automatically applies for no additional premium regardless of whether the Insured currently purchases these products.

What this means for brokers?

These updates:

1.  May help reduce the risk of coverage issues that can arise where a limited retroactive date applies.

2.  Means Insureds may not need to pay a deductible where a claim only results in defence costs and no settlement, subject to policy terms and conditions. 

Learn more:

Explore our Professional Indemnity offering or speak with your local DUAL underwriter to discuss a specific opportunity.

*Cover enhancements, eligibility criteria and product availability may change at renewal and are subject to underwriting acceptance and applicable policy terms and conditions.