Solicitors’ top-up season

June is fast approaching and it’s a big month in the insurance industry for law firms, especially for professional indemnity.

London Australia Underwriting (LAUW) has been insuring solicitors for more than a decade and 2021 is no exception.

LAUW can offer up to $10m capacity and $20m on a case-by-case basis, with a minimum attachment point of $10m at competitive rates.

Insurance against IT liabilities

Australia is growing rapidly in the technology space and those companies require comprehensive and adequate cover for professional indemnity (PI), public liability (PL) and cyber insurance.

LAUW has combined solutions for this with our CommTech and FinTech products.

CommTech is an information technology insurance product that covers PI, PL and cyber insuring clauses under one wording and limits as separate towers.

PI and cyber have up to $10m capacity and $20m for PL.

Fintech is specifically designed for IT companies that specialise in services for the finance sector, such as trading platforms, on-line payment systems, and software development.

Fintech has multiple insuring clauses and is a one-stop insurance product that covers:

• Professional indemnity
• Directors & officers
• Theft
• Cyber liability
• Public liability.

News Alert May 2021