Professional Indemnity
Covers legal defense costs and damages arising from allegations of professional negligence, errors, omissions or misleading advice.
Specialist Insurance · Professional Services
Professional Services Insurance
Insurance for Advisory & Consulting Practices
Professional services businesses provide advice, expertise and specialist services to their clients. The risks can be different from other businesses, particularly where clients rely on your advice or professional work. At Ideal Insurance Brokers, we take the time to understand what your business does, the services you provide and the risks involved. We compare suitable insurance options and help arrange cover for your business.
Access across leading Australian insurers and underwriting agencies, including:
Advisory & Consulting Expertise
Protecting professional advice, reputation & operations.
When clients rely on your professional judgment, even a perceived error or contractual dispute can result in costly legal scrutiny. We compare suitable insurance options across 100+ Australian insurers and underwriting agencies to arrange cover specifically structured around your advisory practices, client contracts and risk profile.
100+
Underwriters
98%
Claims Success Rate
15-25%
Premium Savings
4.9
Google Review Rating
Common Covers
Common covers for professional practices.
Comprehensive cover options shaped around how professional firms operate:
Public Liability
Protects your practice if a client, visitor or third party suffers personal injury or property damage at your office or client sites.
Business Insurance
Protects your practice property, office fit-out, computer equipment, contents and business interruption from unexpected losses.
Cyber Insurance
Covers financial loss, forensic investigation, extortion demands and liability following cyber incidents, data theft or ransomware.
Management Liability
Protects directors, officers and the business entity against statutory investigations, employment disputes and corporate governance claims.
Personal Accident & Sickness
Provides weekly income replacement and lump sum capital benefits if an unexpected injury or illness stops you from working.
Advisory Practices We Insure
Professional businesses we cover across Australia.
Explore tailored insurance solutions designed for advisory, consulting and multidisciplinary practices:
How We Help
Our 4-step approach to professional cover.
Pricing Factors
What can affect the cost of professional insurance?
Transparent advice ensuring you pay only for the protection your practice actually needs.
- 01
Profession & Services Provided
Different disciplines carry varying levels of exposure, liability and technical complexity.
- 02
Annual Turnover & Fee Volume
Practice scale directly influences underwriter fee baselines and policy risk sizing.
- 03
Contracts & Employee Count
The scope of client contractual indemnities, subcontractors and staff numbers shape exposure.
- 04
Claims History & Indemnity Limits
Past risk performance and chosen indemnity limits (e.g. $1M, $2M, $5M or $10M) determine premium levels.
Also in Professional Services
Explore specialist cover for your profession.
Professional Services
Category overview hub for all professional services businesses across Australia.
Accountants Insurance
Insurance for chartered accountants, tax agents and bookkeeping practices.
Consultants Insurance
Insurance for management, HR, marketing and independent consultants.
Engineers Insurance
Cover for civil, structural, mechanical and electrical engineering practices.
Architects Insurance
Insurance for architects, building designers and drafting professionals.
Frequently Asked Questions
This depends on the services you provide. Common covers include Professional Indemnity, Public Liability, Business Insurance and Cyber Insurance.
Professional Indemnity can cover certain claims arising from professional advice, services or work, depending on the policy terms.
Yes. We can compare suitable Professional Indemnity options based on your profession, practice scale and client contract requirements.
Talk to Ideal Insurance Brokers
Tell us about your professional services business and we’ll help you understand the cover you may need, compare suitable options and explain the costs.