Professional Indemnity Insurance
Under Regulation 96 (a) and (b) Legal Profession Regulations 2009 all legal practitioners are required to hold professional indemnity insurance.
Regulation 97(1)(a) of the Regulations provides the following exemption from Regulation 96(a) or (b), relevant to members of the Association:
“a barrister who is covered by a policy of professional indemnity insurance that –
(i) is in a form approved by resolution of the Council of The Western Australian Bar Association; and
"PII arrangement" means an arrangement made by the Law Society under regulation 84(1)(a).
“Barrister” is defined in the Legal Profession Act 2008 as an Australian Legal Practitioner who engages in legal practice solely as a barrister.
For the 2016-2017 year, Bar Council has resolved to approve professional indemnity insurance policies submitted by the following insurance providers:
Members may also take out cover through the Law Mutual Professional Indemnity Insurance arrangements.
The minimum level of cover for 2016-2017 is $2 million for each claim inclusive of costs.
Please note it is the responsibility of each barrister to satisfy him or herself as to the content of the policies on offer, the terms and conditions, and the premium applicable to them. All inquiries about the policies, including premium information should be directed to the brokers/insurers. The WABA’s Bar Council is unable to provide recommendations or any advice as to the merits of the policies.
Set out below are the contact particulars for each insurance provider:
AAI Limited (through Suncorp Insurance)
Suncorp Professional Risks
GPO Box 115
SYDNEY NSW 2001
Phone: 1300 308 950
CGU Insurance Ltd (through Aon Risk Solutions Limited)
Ms Sarah Booysen
Aon Risk Solutions
130 George Street
PARRAMATTA NSW 2124
Phone: (02) 8623 4131
Fax: (02) 9891 6164
Allianz Australia Insurance Ltd (through Marsh Pty Ltd)
Ms Tanushree (Tanu) Arora-Sopori
Senior Account Executive
Financial & Professional Lines - FINPRO
Marsh Pty Ltd
Level 6, 225 St George’s Terrace
PERTH WA 6000
Phone: (08) 9289 3862
Allianz Australia Insurance Ltd (through Willis Towers Watson)
Mr Michael Wright
Willis Towers Watson
Willis Australia Ltd
Level 16, Angel Place
123 Pitt Street
SYDNEY NSW 2000
Phone: (02) 9285 4010