Capacity increases for PI and D&O

Welcome to a London Australia Underwriting Pty Ltd News Alert. We are delighted to announce capacity increases for professional indemnity and directors & officers/management liability.

The following increases now apply:

• Professional indemnity: $20m any one claim and/or risk (100% Lloyd’s security)
• Directors & officers/management liability: $40m any one claim and/or risk (100% Lloyd’s security)

The increased line size is in response to growing requests from our supporting brokers for greater participation on much of the portfolio. We are delighted to be able to accommodate such demands, a move that has been well supported by our carriers at Lloyd’s.

For more information, please contact the underwriting department on (02) 8912 6400

News Alert August 2012