All members of the Australian Valuers Institute (AVI) must maintain a Professional Indemnity insurance policy that is compliant with the organisation’s Insurance Standards*. That’s where our role as AVI’s endorsed insurance broker can be so beneficial to you.
Arthur J. Gallagher (AJG) is one of the world’s leading insurance brokers, and we have many members of the AVI among our clients. We provide risk management advice and insurance solutions for valuers to safeguard you against the unexpected.
In particular, our Professional Indemnity (PI) insurance is specifically tailored for the needs of valuers. And, thanks to our negotiating power with major national and international insurers, we’re able to offer outstanding cover at very competitive rates.
PI insurance for Australian Valuers Institute members - why you need it
Everyone makes mistakes. Valuers are relied on for their expertise and on the very rare occasions that their professional advice or services are not deemed to be up to standards, PI insurance responds to help protect your personal and business reputation.
PI insurance protects you against the financial consequences of any mistakes you – or your staff – might make. It also safeguards you against unfounded accusations of breaching your professional duties.
Any legal costs of investigating and defending claims made against you or your business, and any amounts payable in relation to a claim made against you, are covered by PI insurance. In short, it’s essential cover.
How much should you pay for peace of mind?
You can’t put a price on your business reputation. Fortunately, you can put a price on tailored PI insurance cover. Our policies provide great protection at competitive prices, ensuring you get the best value possible from your insurance.
Our premiums start from as little as $1650 (plus charges, including GST, stamp duty, brokerage fee etc), for a $1m limit of indemnity up to $150,000 turnover. Individual business circumstances, claims history and required indemnity limits may impact on premium pricing.
To find out what rates would apply to you, contact us on 07 3387 1915.
Additional services available
Beyond our PI insurance policy, we can also manage the whole insurance program for your business. Depending on the size and complexity of your business, other insurance covers you may need to consider include:
- Public liability insurance
- Business and office insurance
- Corporate travel
- Management liability insurance
- Business income protection
- Cyber insurance
- Workers compensation
- Dedicated claims services
We offer a full advisory service and can tailor an insurance plan around your business’s unique exposures. Just ask. We also handle claims on your behalf to negotiate the best possible outcomes.