DUAL have five tailored industry specific Professional Indemnity wordings.
Accountants
| Preferred risks | Selective risks |
| Accounts preparation | Insolvency practitioners |
| Advice and training on accounting software | Business valuations |
| Audit work (non-publicly listed companies) | Audit work (publicly listed companies) |
| Audit work (not -for-profits) | Insolvency practitioners |
| Bookkeeping | Corporate advisory services including advice with respect to M&A |
| Business and management consultancy work | |
| Taxation (individuals and businesses) | |
| Superannuation fund accountancy including advice on how to establish a SMSF and other advice under the provisions of a Limited AFSL | |
| Forensic accounting and litigation support | |
| Acting as a company secretary or director | |
| Management accounting and business consulting advice |
Consultants
The below is not a complete list. For the full list speak to your local underwriter
| Preferred risks | Selective risks |
| Human resource consultants | Bush fire consultants |
| Management consultants | Underground utility contractors |
| OH&S consultants | Equipment inspection |
| Public relations consultants / media relations | Electrical contractors |
| Marketing consultants | Call centres |
| Agronomists | Dangerous goods consultants |
| Agricultural consultants | Bush fire consultants |
| Advertising / marketing consultants | Management consultants when providing corporate advisory services |
| Arborist | |
| Business coaching / mentoring | |
| Climate change consultant | |
| Customs agent consultant | |
| Energy efficiency consultant | |
| Fire and safety consultant | |
| Freight forwarder | |
| Funeral director | |
| Immigration consultant | |
| Loss assessor | |
| Training organisation | |
| Risk management consultant | |
| Sustainability consultant | |
| Travel agent | |
| Tour operator |
Design & engineers
The below is not a complete list. For the full list speak to your local underwriter
Designers |
|
| Preferred risks | Selective risks |
| Architectural design | Architects specialising in cladding |
| Architectural drafting | Risks where turnover from largest contract >25% of total turnover |
| Building design (non-engineering) | |
| Landscape architects | |
| Graphic designers | |
| Interior designers | |
| Town planners | |
| Urban planning |
Engineers |
|
| Preferred risks | Selective risks |
| Civil engineering | Environmental consultants |
| Acoustic engineering | Certification activities |
| Consulting engineering | Fire safety engineering |
| Electrical engineering | Structural engineering |
| Mechanical engineering; | Geotechnical engineering |
| Project management | Engineers involved in offshore and marine work |
| Heating and ventilation | Engineers involved in mining work |
| Drafting | Cladding contractors |
| Hydraulic engineering | Chemical engineers |
| Acoustic engineering | Engineers involved in process control systems (consider consequential loss exposures) |
| Feasibility studies | Engineers involved in pollution control systems |
| Engineers with a focus on high risk areas/projects including but not limited to bridges, tunnels, foundations, piling, rail, high rise | |
| High volume production exposures such as engineers involved in bulk handling equipment |
Design & construct
Cyber insurance, also known as Cyber security or Cyber liability insurance, is protection for your business from illegal attacks to access your organisations’ data or to disrupt their operations for criminal, espionage, politics or simply for mischief.
No matter how robust your IT security protocols are, they cannot prevent human error, and all it takes is for one person to make one mistake.
With businesses increasingly relying on technology to drive core objectives, the risk of losing money and data, or technology being denied or failing due to accidental or malicious interference has never been greater. So, to keep up with the digital age, insurance evolved to remain relevant to what has fast become the top concern for most businesses globally - their cyber risk.
Business leaders without a well-thought-out strategy around cyber protection are effectively gambling with all their funds to develop their business. Or depending on your cash reserves, your very survival.
Financial Services
Cyber insurance, also known as Cyber security or Cyber liability insurance, is protection for your business from illegal attacks to access your organisations’ data or to disrupt their operations for criminal, espionage, politics or simply for mischief.
No matter how robust your IT security protocols are, they cannot prevent human error, and all it takes is for one person to make one mistake.
With businesses increasingly relying on technology to drive core objectives, the risk of losing money and data, or technology being denied or failing due to accidental or malicious interference has never been greater. So, to keep up with the digital age, insurance evolved to remain relevant to what has fast become the top concern for most businesses globally - their cyber risk.
Business leaders without a well-thought-out strategy around cyber protection are effectively gambling with all their funds to develop their business. Or depending on your cash reserves, your very survival.
Real estate
- Accounts preparation
- Advice and training on accounting software
- Audit work (non-publicly listed companies)
- Audit work (not -for-profits)
- Bookkeeping
- Business and management consultancy work
- Taxation (individuals and businesses)
- Superannuation fund accountancy including advice on how to establish a SMSF and other advice under the provisions of a Limited AFSL
- Forensic accounting and litigation support
- Acting as a company secretary or director
- Management accounting and business consulting advice
Selective Risks
- Corporate advisory services including advice with respect to M&A transactions and capital raisings
- Business valuations
- Audit work (publicly listed companies)
- Insolvency practitioners
Protection against errors and omissions
Professional indemnity insurance protects professionals from claims of negligence or professional misconduct made against them by their clients, providing peace of mind that their legal defence costs and potential damages will be covered.
DUAL Professional Indemnity (PI) considers risks from sole practitioners, small businesses, mid-market and corporates.
Our Financial Lines team specialises in providing both primary and excess layer policies. We are able to sit excess above a wide range of primary insurers and underwriting agencies.
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Our PI industry appetite
Accountants
Preferred risks:
- Accounts preparation
- Advice and training on accounting software
- Audit work (non-publicly listed companies)
- Audit work (not -for-profits)
- Bookkeeping
- Business and management consultancy work
- Taxation (individuals and businesses)
- Superannuation fund accountancy including advice on how to establish a SMSF and other advice under the provisions of a Limited AFSL
- Forensic accounting and litigation support
- Acting as a company secretary or director
- Management accounting and business consulting advice
Selective risks:
- Corporate advisory services including advice with respect to mergers and acquisitions transactions and capital raisings
- Business valuations
- Audit work (publicly listed companies)
- Insolvency practitioners
Consultants
Preferred risks:
- Event management
- Management consultants
- OH&S consultants
- Agronomists
- Agricultural consultants
- Advertising/marketing consultants
- Business coaching/mentoring
- Fire and safety consultant
- Freight forwarder
- Immigration consultant
- Loss assessor
- Training organisation
- Sustainability consultant
- Travel agent
Selective risks:
- Management consultants when providing corporate advisory services
- Underground utility contractors
- Equipment inspection
- Electrical contractors
- Call centres
- Dangerous goods consultants
- Bush fire consultants
Design and engineering
Design
Preferred risks:
- Architectural design
- Architectural drafting
- Building design (non-engineering)
- Landscape architects
- Graphic designers
- Interior designers
- Town planners
- Urban planning
Selective risks:
- Architects specialising in cladding
- Risks where turnover from largest contract >25% of total turnover
Engineers
Preferred risks:
- Civil engineering
- Acoustic engineering
- Consulting engineering
- Electrical engineering
- Mechanical engineering
- Project management
- Heating and ventilation
- Drafting
- Hydraulic engineering
- Acoustic engineering
- Feasibility studies
Selective risks:
- Environmental consultants
- Certification activities
- Fire safety engineering
- Structural engineering
- Geotechnical engineering
- Engineers involved in offshore and marine work
- Engineers involved in mining work
- Cladding contractors
- Chemical engineers
- Engineers involved in process control systems (consider consequential loss exposures)
- Engineers involved in pollution control systems
- Engineers with a focus on high risk areas/projects including but not limited to bridges, tunnels, foundations, piling, rail, high rise
- High volume production exposures such as engineers involved in bulk handling equipment
Financial consultants
Preferred risks:
- Mortgage brokers
- Finance brokers
- Financial consultants
- Mortgage origination
- Mortgage management
- Securities dealers
- Stockbrokers
- Corporate advisors
- Carbon credit brokers and advisors
- FX remittance
- Wealth managers
Selective risks:
- Insurance brokers
- Non-bank lenders
- Non-cash payment providers
- Credit unions
- Underwriting agencies
Real estate
Preferred risks:
- Auctioneering
- Rent collection
- Property sales
- Buyers agents/advocates
- Facilities management
- Stock and station agents
- Property management
- Strata management
- Leasing
Selective risks:
- Off the plan sales
- Commercial property management
- Business broking
Additional benefits
- Whistleblower hotline
- Panel counsel
- Contract review services
5
industry specific wordings
$20m
capacity
250
occupations available
Why choose DUAL?
Broad appetite
We have developed five tailored offerings to meet the specific needs of a wide range of occupations, allowing us to cater to all sectors of the professional indemnity market.
Ease of transaction
Whether its straightforward small business cover transacted through the WebRater, or tailored solutions for more complex clients manually underwritten by our dedicated Financial Lines Specialty team, we support you to meet your clients' needs and grow your portfolio.
Customisable cover
Our products can be tailored to suit the needs of your clients. We have the flexibility to cover a wide range of risks, including many tailored risks.
A trusted partner in a claim
Our dedicated in-house Financial Lines Claims team consists of qualified lawyers with over 40 years of combined experience.
Professional indemnity
How to get quote
WebRater
Instant quotations and bindings are now available through the WebRater for all five Professional Indemnity offerings.
Financial lines team
For larger or more complex risks, please reach out to our financial lines underwriting team.
Document downloads
Policy wordings
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Mind the gap general conditions and exclusions policy wording PDF /
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Mind the gap Professional Indemnity Accountants policy wording PDF /
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Mind the gap Professional Indemnity Design & Engineering policy wording PDF /
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Mind the gap Professional Indemnity Financial Consultants policy wording PDF /
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Mind the gap Professional Indemnity policy wording PDF /
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Mind the gap Professional Indemnity Real Estate policy wording PDF /