Professional protection against Defamation, Directors and Officers Liability, Management Liability, Cyber Liability and more
Professional Risks cover in Perth
Professional Risks
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Terms, conditions, limits and exclusions apply to the products referred to above. The information provided here is general advice only and has been prepared without taking into account your objectives, financial situation or needs. You should consider these, having regard to the appropriateness of this advice, and the relevant Product Disclosure Statement, available by calling us on (08) 9302 2885, before deciding to acquire, or to continue to hold, this product.
Q1. What does Professional Risks insurance cover?
Professional Risks insurance covers a broad range of exposures including defamation, Directors and Officers Liability, Association Liability, Employment Practices Liability, Management Liability, Cyber Liability, IT Liability and Statutory Liability.
Q2. What is Management Liability insurance and who needs it?
Management Liability covers risks faced by directors and senior managers running a company, including governance, finance, benefits and management activities. It's relevant to almost any business with directors or senior managers, and claims in this area are increasing.
Q3. Is Professional Risks insurance the same as Professional Indemnity?
No — Professional Risks is broader, covering areas like Directors and Officers Liability, defamation and cyber liability, whereas Professional Indemnity specifically covers negligence, errors or omissions in professional advice or services.
Q4. Why are Management Liability claims increasing?
Management Liability claims are on the rise due to a more litigious business environment, making this cover increasingly important for protecting directors and senior managers.
Q5. Does Professional Risks insurance cover Directors and Officers Liability?
Yes, Directors and Officers Liability is one of the core risks covered under a Professional Risks policy.
Q6. Does Professional Risks insurance overlap with Cyber Insurance?
Yes, Cyber Liability and IT Liability are included within the range of Professional Risks cover options, alongside a dedicated Cyber Insurance policy for more comprehensive protection.
Q7. How do I find out if my business needs Professional Risks cover?
Call Westralian Insurance's team to discuss your business structure and leadership risks — they can advise which Professional Risks components are relevant to you.


