Professional Liability

Perform your professional or corporate duties with poise

In today’s world, professionals operate in an environment of increased responsibility and accountability. As a result, they potentially can be exposed to claims of a 'professional indemnity' nature.

Legal liabilities can prove financially crippling to any professional's business and the damage is often further compounded by a loss of reputation. Against this backdrop, more and more professionals now realise that they may face litigation at some stage during their career and are seeking professional indemnity cover to manage this risk.

QBE’s Professional Indemnity Insurance offers a range of covers to help protect the reputation of professionals and the viability of their practice or business, including: 

• Automatic Reinstatement
• Cost and expenses in addition to limit of indemnity
• Breach of contract
• Consultants, subcontractors and agents
• Continuous Cover
• Costs of representation at registration board proceedings
• Court attendance compensation costs
• Defamation
• Fijian Competition and Consumer Commission Act 2010
• Fraud and dishonesty of employees
• Intellectual property
• Joint venture liability (Insured's liability only)
• Loss of documents
• Previous business
• Public Relations and Crisis Management Expenses 

Directors’ and Officers' Liability Insurance helps cover legal defence, settlements and costs/damages awarded against directors and officers in court and includes the following (subject to individual risk underwriting and applicable sub-limits): 

• Advancement of defence costs
• Continuous cover
• Health and safety defence costs
• Official investigations and enquiries
• Public Relations Costs
• Mitigation Costs
• Emergency Costs
• Prosecution Costs
• Deprivation of Assets Expenses
• Damage to an Insured Persons Reputational Costs
• Shareholder Costs
• Additional Protection for Parent Company Board Directors' and Non-Executive Directors
• Civil Fines and Penalties
• Run Off Period for Retired Insured Persons
• Discovery Period
• Personal Liability of Insured Persons for Corporate Taxes
• Interpretive Counsel Costs
• Travel and Accommodation Costs
• Reinstatement of Limit of Liability (if recovery)
• Liberalisation for Claims in a Foreign Jurisdiction
• Severability and non-imputation
• Estate and legal representatives/spousal liability
• Innocent non-disclosure
• Pollution legal costs
• Company Securities
• Company Employment Practices Breaches 

Important Notice:
The above only serves as a general description of our products and services in some of our Pacific operations. Please note that not all the products are offered in all markets. For full product details and coverage or to check on the product availability in your market, please contact your local insurance broker or a QBE authorised agent.