Insurance in Private Practice March 2015

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Insurance in Private Practice March 2015"

Transcription

1 Insurance in Private Practice March 2015

2 Important information AMA Queensland Insurance Solutions is a trading name of KSLR Pty Ltd, a Corporate Authorised Representative of Insurance Advisernet Australia Pty Limited, AFSL Corporate Authorised Representative No: Chris Mariani, Authorised Representative No GENERAL ADVICE WARNING The information provided in this presentation is of a general nature and does not take into account your objectives, financial situation or need. Please refer to the relevant Product Disclosure Statement before purchasing any insurance product.

3 Workers Compensation Business Package Medical Indemnity Medical Doctor Indemnity Entity/Staff Management Liability Cyber Risks Policy Grouping key risks: 1. Medical negligence (doctor and practice/staff) Civil claims against Doctors Civil claims against practice entity and/or practice staff Related medico risks i.e. medical board investigations, coronial, medicare audits etc. 2. Practice Premises risks Patient & visitor slips/trips (public liability) Physical loss or damage to premises, fit-out, equipment, glass etc. Machinery/Electronic breakdown and spoilage Business interruption cover (loss of revenue and increased costs following physical loss) And the 5 insurance policies which cover these risks the 5 Pillars: 5 Pillars 3. Management & Employment issues Responsibilities as a director / Officer of the company Employment practices liability (discrimination, unfair dismissal etc) Crime (employee theft) Statutory fines and penalties (e.g. Privacy Fines, OH&S fines) 4. Cyber risks IT security breach such as Cyber extortion impacting patient and financial records Costs to manage the event such as IT consultants, as well as loss of revenue Third party costs (e.g. dealing with compensation and liability issues) 5. Workers Compensation (required by law) Injury to workers IMPORTANT: This is not a comprehensive list of risks or insurance policies available, but provides an overview of some of the major risks and policies.

4 Medical indemnity Individual medical indemnity - doctors: $20 million cover for civil claims against you. Legal representation cover (differs by MDO) Check if policy covers your practice entity and staff (differs by MDO) Getting Started in Private Practice discount? 4 MDOs to choose from Avant, MDA National, MIGA, MIPS

5 Practice - Medical indemnity The need for a practice policy in addition to the doctor/s medical indemnity depends on which MDO, practice structure, activities etc. Claims example: 5 doctor owned practice. New patient arrives at reception claiming of chest pain Recently employed receptionist error directs the person to the waiting room rather than calling in the doctors and an ambulance. Patient suffers fatal heart attack. None of the 5 doctors had seen the patient Which doctor/s policy should respond if no practice policy in place? Generally the rule is: If multi-doctor practice practice policy needed If solo doctor practice check if doctor policy extends to practice and staff

6 Business Package Package of covers with main sections: Property Fire and perils cover Business interruption Usually insure gross income Glass cover: Replacement value Electronic/Machinery B down: Repair/replacement cost Public Liability: Injury to third parties Premiums depend on amount to be insured, quality of building, security.

7 Management Liability Provides cover for the entity, directors and officers of the company from actions by employees, minority shareholders, regulators, creditors, environmental groups, customers and suppliers. Main cover sections include: Directors & Officers Liability Fines and Penalties/ Statutory Liability (e.g. privacy fine) Employment practices liability Employee theft PREMIUM: starts from circa $1500

8 Cyber Risks Cover can include: Your costs to deal with a cyber breach (e.g. Forensic investigations, notifying patients, PR costs etc) Cyber Business Interruption pays your lost revenue Hacker Damage pays the costs to restore data, programs and networks after a hack Cyber Extortion pays the ransom paid over cyber extortion Third Party liability such as privacy protection in the event of a data breach, Cyber Liability - Liability cover for your multimedia content online, including alternations and additions made by a hacker. PREMIUM: starts from circa $1500

9 Workers compensation Compulsory go to : Compulsory Apply via Directors wages not included (need own income protection policy) Premium based on estimated wages at policy start Premium adjusted ay policy end on actual wages

10 Questions CONTACT DETAILS AMA Queensland Insurance Solutions or (07)

NZI LIABILITY CYBER. Are you protected?

NZI LIABILITY CYBER. Are you protected? NZI LIABILITY CYBER Are you protected? Any business that operates online is vulnerable to cyber attacks and data breaches. From viruses and hackers to employee error and system damage, your business is

More information

Mitigating and managing cyber risk: ten issues to consider

Mitigating and managing cyber risk: ten issues to consider Mitigating and managing cyber risk: ten issues to consider The board of directors is responsible for managing and mitigating risk exposure. A recent study conducted by the Ponemon Institute 1 revealed

More information

Dental Essentials. Claims Scenarios

Dental Essentials. Claims Scenarios Dental Essentials Claims Scenarios Dental Essentials Claims Case Studies We know how hard and time consuming it is to run a professional practice. That s why we designed an exclusive, competitive and comprehensive

More information

Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements

Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements Greater New York Chapter Association of Corporate Counsel November 19, 2015 Stephen D. Becker, Executive Vice President

More information

THE ANATOMY OF A CYBER POLICY. Jamie Monck-Mason & Andrew Hill

THE ANATOMY OF A CYBER POLICY. Jamie Monck-Mason & Andrew Hill THE ANATOMY OF A CYBER POLICY Jamie Monck-Mason & Andrew Hill What s in a name? Lack of uniformity in policies: Cyber Cyber liability Data protection Tech PI The scope of cyber insurance First party coverage

More information

Cyber Insurance Presentation

Cyber Insurance Presentation Cyber Insurance Presentation Presentation Outline Introduction General overview of Insurance About us Cyber loss statistics Cyber Insurance product coverage Loss examples Q & A About Us A- Rated reinsurance

More information

Cyber Liability Insurance Data Security, Privacy and Multimedia Protection

Cyber Liability Insurance Data Security, Privacy and Multimedia Protection Page 1 of 5 Cyber Liability Insurance Data Security, Privacy and Multimedia Protection What is a Cyber Risk? Technology is advancing at such an alarming rate and business is more and more reliant on IT

More information

Managing Cyber Risk through Insurance

Managing Cyber Risk through Insurance Managing Cyber Risk through Insurance Eric Lowenstein Aon Risk Solutions This presentation has been prepared for the Actuaries Institute 2015 ASTIN and AFIR/ERM Colloquium. The Institute Council wishes

More information

Embracing Cyber Risk: Insurance Solutions

Embracing Cyber Risk: Insurance Solutions Embracing Cyber Risk: Insurance Solutions ANZIIF Risk Rendezvous 15 Ian Pollard, Managing Director, Delta Insurance New Zealand Limited Agenda Risk Management Risk Transfer and Insurance Cyber attacks

More information

Cyber Liability Insurance Data Security, Privacy and Multimedia Protection

Cyber Liability Insurance Data Security, Privacy and Multimedia Protection Page 1 of 5 Cyber Liability Insurance Data Security, Privacy and Multimedia Protection What is a Cyber Risk? Technology is advancing at such an alarming rate and business is more and more reliant on IT

More information

Chartered Accountants Australia & New Zealand Professional Indemnity and Management Liability Proposal Form

Chartered Accountants Australia & New Zealand Professional Indemnity and Management Liability Proposal Form Chartered Accountants Australia & New Zealand Professional Indemnity and Management Liability Proposal Form SECTION 1: Professional Indemnity 1. Insured Details 1.1 Is at least one principal, director

More information

Public Liability Insurance

Public Liability Insurance Public Liability Insurance THE INSURED Name of Insured Are you registered for GST? What is your ABN? Have you claimed or intend to claim an input tax credit on the GST component of the premium applicable

More information

Coast and Country Insurance Consultants Pty Ltd General Insurance Department

Coast and Country Insurance Consultants Pty Ltd General Insurance Department Coast and Country Insurance Consultants Pty Ltd General Insurance Department Coast and Country Insurance Consultants General Insurance Department consists of five team members: Three Brokers, Kerri Day,

More information

The Essential Small Business

The Essential Small Business The Small Business General Insurance Guide Call: 1800 111 456 Email: support@insurancewatch.com.au Inquiry: general.insurancewatch.com.au Small business owners need to rely on expert advice such as an

More information

Cutting through the insurance jargon!

Cutting through the insurance jargon! Cutting through the insurance jargon! Babbar Abbas October 2015 Who I am Babbar Abbas Worked in insurance for 7 years worked at Aon for 5 years Worked with numerous non-profit organisations varying in

More information

number of persons eligible for membership of the Scheme;

number of persons eligible for membership of the Scheme; 1. INTRODUCTION 1.1. This report has been prepared to comply with certain requirements of the Medical Indemnity Act 2002 (Medical Indemnity Act). Section 34ZW of the Medical Indemnity Act provides for

More information

General Liability. General Liability 4/30/2015. Liability Coverage in the RIM Industry

General Liability. General Liability 4/30/2015. Liability Coverage in the RIM Industry 2015 Annual Meeting May 19, 2015 Liability Coverage in the RIM Industry Presented By Brian Jungeberg, CIC General Liability Protects You From Claims of Bodily Injury or Property Damage Claims Examples

More information

Business Plan template

Business Plan template template If you re considering establishing or purchasing a small business, it s important that you have a Business Plan. This plan will help provide you with an essential road map for your new business.

More information

CYBER/ NETWORK SECURITY

CYBER/ NETWORK SECURITY CYBER/ NETWORK SECURITY FINEX AUSTRALIA ABOUT US >> We are one of the largest insurance brokers in the world >> We have over 180 years of history and experience in insurance; we currently operate in over

More information

Practitioner Indemnity Insurance Policy Application Form

Practitioner Indemnity Insurance Policy Application Form Practitioner Indemnity Insurance Policy Application Form Avant Mutual Group Limited ABN 58 123 154 898 Membership with Avant Mutual Group Limited ABN 58 123 154 898 Practitioner Indemnity Insurance with

More information

CYBER RISK SECURITY, NETWORK & PRIVACY

CYBER RISK SECURITY, NETWORK & PRIVACY CYBER RISK SECURITY, NETWORK & PRIVACY CYBER SECURITY, NETWORK & PRIVACY In the ever-evolving technological landscape in which we live, our lives are dominated by technology. The development and widespread

More information

Beyond Data Breach: Cyber Trends and Exposures

Beyond Data Breach: Cyber Trends and Exposures Beyond Data Breach: Cyber Trends and Exposures Vietnam 7 th May 2015 Jason Kelly Head of Asia Financial Lines AIG Agenda Why do companies need cyber protection Example of Cyber attack worldwide and in

More information

guide to insurance programmes

guide to insurance programmes The Towergate Interim Manager guide to insurance programmes Interimwomen.com is a trading name of Russam GMS Ltd which is an Introducer Appointed Representative of Towergate Underwriting Group Limited.

More information

Winery insurance. Protection from the vine to the bottle

Winery insurance. Protection from the vine to the bottle Winery insurance Protection from the vine to the bottle Aon Broker of the Year 2005, 2006, 2007 Winery insurance Just as wine making requires experience, innovation and knowledge to produce memorable wines

More information

Best practices and insight to protect your firm today against tomorrow s cybersecurity breach

Best practices and insight to protect your firm today against tomorrow s cybersecurity breach Best practices and insight to protect your firm today against tomorrow s cybersecurity breach July 8, 2015 Baker Tilly Virchow Krause, LLP Baker Tilly refers to Baker Tilly Virchow Krause, LLP, an independently

More information

Public & Products Liability Proposal Form IMPORTANT NOTES

Public & Products Liability Proposal Form IMPORTANT NOTES Public & Products Liability Proposal Form IMPORTANT NOTES Completing this Proposal Form does not mean that you will automatically be granted insurance cover proposed. However, if insurance is granted,

More information

Cyber and Privacy Risk What Are the Trends? Is Insurance the Answer?

Cyber and Privacy Risk What Are the Trends? Is Insurance the Answer? Minnesota Society for Healthcare Risk Management September 22, 2011 Cyber and Privacy Risk What Are the Trends? Is Insurance the Answer? Melissa Krasnow, Partner, Dorsey & Whitney, and Certified Information

More information

terms of business australia engagement of permanent staff services

terms of business australia engagement of permanent staff services terms of business terms of business australia Welcome to Randstad Randstad is one of the world s leading recruitment and HR services companies. Our vision both locally and globally is to be the number

More information

CHANGES IN THE RISK. If yes, what is the new name? If yes, what has changed? If yes, what has changed? If yes, how has it changed?

CHANGES IN THE RISK. If yes, what is the new name? If yes, what has changed? If yes, what has changed? If yes, how has it changed? Loss management, risk assessment and technical advisers to the general insurance and business communities MEMBER COMPANY OF THE LMI GROUP Risk Management International Pty Ltd Melbourne, Sydney, Brisbane,

More information

About Lewis Insurance Services

About Lewis Insurance Services Corporate Profile About Lewis Insurance Services Established in 1996, Lewis Insurance Services stands out in the market as the team who go the extra mile. We help businesses better understand the risks

More information

Privacy and Data Breach Protection Modular application form

Privacy and Data Breach Protection Modular application form Instructions The Hiscox Technology, Privacy and Cyber Portfolio Policy may be purchased on an a-la-carte basis. Some organizations may require coverage for their technology errors and omissions, while

More information

Cyber and data Policy wording

Cyber and data Policy wording Please read the schedule to see whether Breach costs, Cyber business interruption, Hacker damage, Cyber extortion, Privacy protection or Media liability are covered by this section. The General terms and

More information

The SME Guide to Business Insurance

The SME Guide to Business Insurance The SME Guide to Business Insurance Michael Harrison Provided with the compliments of Citycover (Aust) Pty Ltd Registered Insurance Broker ABN 99 010 699 537 AFSL 241087 Level 2 29 Amelia Street Fortitude

More information

Commercial Retail Industrial Insurance Application

Commercial Retail Industrial Insurance Application QBE INSURANCE (AUSTRALIA) LIMITED ABN 78 003 191 035 Commercial Retail Industrial Insurance Application Policy. Client. Intermediary. The Applicant/s Name of Insured in full (Block Letters) Surname(s)

More information

What would you do if your agency had a data breach?

What would you do if your agency had a data breach? What would you do if your agency had a data breach? 80% of businesses fail to recover from a breach because they do not know this answer. Responding to a breach is a complicated process that requires the

More information

Cyber/ Network Security. FINEX Global

Cyber/ Network Security. FINEX Global Cyber/ Network Security FINEX Global ABOUT US >> We are one of the largest insurance brokers in the world >> We have over 180 years of history and experience in insurance; we currently operate in over

More information

HIGHLY REGULATED RETAIL PRODUCT COMPULSORY FEATURES INCLUDE: EXTENSIVE GOVERNMENT SUPPORT:

HIGHLY REGULATED RETAIL PRODUCT COMPULSORY FEATURES INCLUDE: EXTENSIVE GOVERNMENT SUPPORT: 1 MEDICAL INDEMNITY INSURANCE HIGHLY REGULATED RETAIL PRODUCT COMPULSORY FEATURES INCLUDE: Ø MIN $20M ANY ONE AND ANNUAL LIMIT Ø UNDERWRITING RESPONSES LIMITED Ø CIVIL LIABILITY COVER EXTENSIVE GOVERNMENT

More information

Coversure Security Industry Insurance Proposal

Coversure Security Industry Insurance Proposal Intermediary Date / / Contact Name Phone ( ) Period of Insurance to at 4.00pm INSURED DETAILS Insured Name / ABN (Full details required, inc. Trading Name if Applicable) Postal Address Location of Premises

More information

CGU Padlock. insurance application

CGU Padlock. insurance application CGU Padlock insurance application CGU Insurance Limited ABN 27 004 478 371 Please read the following information before you complete the application. Keep this information for your records. Please read

More information

Productivity Commission inquiry into a long term disability care and support scheme. Avant Mutual Group submission

Productivity Commission inquiry into a long term disability care and support scheme. Avant Mutual Group submission Productivity Commission inquiry into a long term disability care and support scheme Background Avant Mutual Group submission Avant Mutual Group Limited (Avant) is Australia's largest medical defence organisation

More information

SECURITY, CYBER AND NETWORK INSURANCE SECURING YOUR FUTURE

SECURITY, CYBER AND NETWORK INSURANCE SECURING YOUR FUTURE SECURITY, CYBER AND NETWORK INSURANCE SECURING YOUR FUTURE Businesses today rely heavily on computer networks. Using computers, and logging on to public and private networks has become second nature to

More information

Demystifying Cyber Insurance. Jamie Monck-Mason & Andrew Hill. Introduction. What is cyber? Nomenclature

Demystifying Cyber Insurance. Jamie Monck-Mason & Andrew Hill. Introduction. What is cyber? Nomenclature Demystifying Cyber Insurance Jamie Monck-Mason & Andrew Hill Introduction What is cyber? Nomenclature 1 What specific risks does cyber insurance cover? First party risks - losses arising from a data breach

More information

NonProfit 101. Notes: Session 1B: Insurance, What you do not know can hurt you! From Survivability to Sustainability. June 10, 2015 Session 1B page 1

NonProfit 101. Notes: Session 1B: Insurance, What you do not know can hurt you! From Survivability to Sustainability. June 10, 2015 Session 1B page 1 Session 1B: Insurance, What you do not know can hurt you! Notes: June 10, 2015 Session 1B page 1 Session 1B: Insurance, What you do not know can hurt you! Notes: June 10, 2015 Session 1B page 2 June 10,

More information

FINANCIAL LINES ACE ELITE PLUS MANAGEMENT LIABILITY INSURANCE

FINANCIAL LINES ACE ELITE PLUS MANAGEMENT LIABILITY INSURANCE FINANCIAL LINES ACE ELITE PLUS MANAGEMENT LIABILITY INSURANCE 00 The ACE Elite Plus Management Liability policy features coverage and benefits designed to address the serious risks confronting private

More information

Internet Gaming: The New Face of Cyber Liability. Presented by John M. Link, CPCU Cottingham & Butler

Internet Gaming: The New Face of Cyber Liability. Presented by John M. Link, CPCU Cottingham & Butler Internet Gaming: The New Face of Cyber Liability Presented by John M. Link, CPCU Cottingham & Butler 1 Presenter John M. Link, Vice President jlink@cottinghambutler.com 2 What s at Risk? $300 billion in

More information

sp rts Sports Coaching & Clinics Insurance Application Form Underwriting Australia Sports Leisure Licensed Clubs

sp rts Sports Coaching & Clinics Insurance Application Form Underwriting Australia Sports Leisure Licensed Clubs sp rts Underwriting Australia Insurance Application Form Sports Leisure Licensed Clubs Please use this application for occupations relating to the including: Sports Clinics Sports Coaches School Sports

More information

Insuring your business

Insuring your business Insuring your business A guide for business operators in South Australia www.statedevelopment.sa.gov.au/smallbusiness Table of Contents 01 Overview... 3 02 Principals of insurance... 4 03 Types of insurance...

More information

Protecting Your Assets: How To Safeguard Your Fund Against Cyber Security Attacks

Protecting Your Assets: How To Safeguard Your Fund Against Cyber Security Attacks Protecting Your Assets: How To Safeguard Your Fund Against Cyber Security Attacks Hacks, breaches, stolen data, trade secrets hijacked, privacy violated, ransom demands made; how can you protect your data

More information

YOUR TRUSTED PARTNER IN A DIGITAL AGE. A guide to Hiscox Cyber and Data Insurance

YOUR TRUSTED PARTNER IN A DIGITAL AGE. A guide to Hiscox Cyber and Data Insurance YOUR TRUSTED PARTNER IN A DIGITAL AGE A guide to Hiscox Cyber and Data Insurance 2 THE CYBER AND DATA RISK TO YOUR BUSINESS This digital guide will help you find out more about the potential cyber and

More information

GALLAGHER CYBER LIABILITY PRACTICE. Tailored Solutions for Cyber Liability and Professional Liability

GALLAGHER CYBER LIABILITY PRACTICE. Tailored Solutions for Cyber Liability and Professional Liability GALLAGHER CYBER LIABILITY PRACTICE Tailored Solutions for Cyber Liability and Professional Liability Are you exposed to cyber risk? Like nearly every other business, you have probably capitalized on the

More information

An introduction to our General Insurance Broking Service. We ll develop a customised insurance and risk management solution to protect your business

An introduction to our General Insurance Broking Service. We ll develop a customised insurance and risk management solution to protect your business An introduction to our General Insurance Broking Service We ll develop a customised insurance and risk management solution to protect your business We ve been helping Australians create secure financial

More information

INTRODUCTION TO RISK November 2015

INTRODUCTION TO RISK November 2015 INTRODUCTION TO RISK November 2015 Wendy Fletcher National Property & Casualty Leader, Small Medium Enterprises Teresa Lahey Underwriting Consultant, Small Medium Enterprises AGENDA Importance of a SME

More information

Run-Off Cover Scheme (ROCS) Important Information Effective from 1 October 2014

Run-Off Cover Scheme (ROCS) Important Information Effective from 1 October 2014 Run-Off Cover Scheme (ROCS) Important Information Effective from 1 October 2014 MDA National Insurance Pty Ltd ABN 56 058 271 417 AFS Licence No.238073 Introduction Section 1: Terms and Conditions of

More information

Understanding the Business Risk

Understanding the Business Risk AAPA Cybersecurity Seminar Andaz Savannah Hotel March 11, 2015 10:30 am Noon Understanding the Business Risk Presenter: Joshua Gold, Esq. (212) 278-1886 jgold@andersonkill.com Disclaimer The views expressed

More information

AUSTRALIAN ROWING NATIONAL MARINE INSURANCE PROGRAM APPLICATION FORM

AUSTRALIAN ROWING NATIONAL MARINE INSURANCE PROGRAM APPLICATION FORM AUSTRALIAN ROWING NATIONAL MARINE INSURANCE PROGRAM APPLICATION FORM GENERAL INFORMATION Club Insured Name Application Completed By (Your Name) Position Phone Mobile Email CURRENT MARINE INSURANCE DETAILS

More information

Definition of Risk. Lockton Companies Australia Pty Ltd

Definition of Risk. Lockton Companies Australia Pty Ltd of Risk Lockton Companies Australia Pty Ltd Class Accounts receivable/book debts Advance business interruption Airport operators liability Aviation hull and liability Bankers blanket bond Boiler and pressure

More information

Cyber and Data Security. Proposal form

Cyber and Data Security. Proposal form Cyber and Data Security Proposal form This proposal form must be completed and signed by a principal, director or a partner of the proposed insured. Cover and Quotation requirements Please indicate which

More information

Statutory Liability Insurance

Statutory Liability Insurance Statutory Liability Insurance December 2015 Statutory Liability Insurance is designed to provide cover to the company and its directors, officers and employees for defence costs and fines/penalties in

More information

CyberEdge. Desired Coverages. Application Form. Covers Required. Financial Information. Company or Trading Name: Address: Post Code: Telephone:

CyberEdge. Desired Coverages. Application Form. Covers Required. Financial Information. Company or Trading Name: Address: Post Code: Telephone: Company or Trading Name: Address: Post Code: Telephone: E-mail: Website: Date Business Established Number of Employees Do you have a Chief Privacy Officer (or Chief Information Officer) who is assigned

More information

Entertainment & Event Liability Insurance Proposal

Entertainment & Event Liability Insurance Proposal Intermediary Date / / Contact Name Phone ( ) Period of Insurance to at 4.00pm INSURED DETAILS Insured Name / ABN (Full details required, inc. Trading Name if Applicable) ABN: Address / Situation Description

More information

FINANCIAL SERVICES GUIDE

FINANCIAL SERVICES GUIDE FINANCIAL SERVICES GUIDE Version 5 1 May 2014 Unique Insurance Group Pty Ltd ABN: 66 168 090 079 Dover Corporate Authorised Rep No: 460649 7A/421, Blackshaws Rd, Altona North VIC 3025. Telephone: (03)

More information

Medical Practitioner Application and Proposal

Medical Practitioner Application and Proposal Support Protect Promote Medical Practitioner Application and Proposal Application for Membership of MDA National Limited Proposal for Professional Indemnity Insurance Support Protect Promote Thank you

More information

An introduction to insurance cover for businesses

An introduction to insurance cover for businesses An introduction to insurance cover for businesses All businesses need to be insured against potential risks such as contractual disputes, accidental damage, fire, flood or theft and claims for negligence.

More information

SUBMISSION to PRODUCTIVITY COMMISSION NATIONAL WORKERS COMPENSATION AND OCCUPATIONAL HEALTH & SAFETY FRAMEWORKS. 24 June 2003

SUBMISSION to PRODUCTIVITY COMMISSION NATIONAL WORKERS COMPENSATION AND OCCUPATIONAL HEALTH & SAFETY FRAMEWORKS. 24 June 2003 SUBMISSION to PRODUCTIVITY COMMISSION NATIONAL WORKERS COMPENSATION AND OCCUPATIONAL HEALTH & SAFETY FRAMEWORKS by NATIONAL MEAT ASSOCIATION OF AUSTRALIA NSW DIVISION 24 June 2003 SOME OF THE ISSUES TO

More information

Business Insurance Proposal

Business Insurance Proposal Business Insurance Proposal Important Notices You must read the notices below. If you have any questions please contact GWS Genco Group (AFSL No. 231210) Duty of Disclosure This Policy is subject to the

More information

Cyber Liability. Michael Cavanaugh, RPLU Vice President, Director of Production Apogee Insurance Group 877-337-3200 Ext. 7029

Cyber Liability. Michael Cavanaugh, RPLU Vice President, Director of Production Apogee Insurance Group 877-337-3200 Ext. 7029 Cyber Liability Michael Cavanaugh, RPLU Vice President, Director of Production Apogee Insurance Group 877-337-3200 Ext. 7029 Today s Agenda What is Cyber Liability? What are the exposures? Reality of a

More information

Joe A. Ramirez Catherine Crane

Joe A. Ramirez Catherine Crane RIMS/RMAFP PRESENTATION Joe A. Ramirez Catherine Crane RISK TRANSFER VIA INSURANCE Most Common Method Involves Assessment of Risk and Loss Potential Risk of Loss Transferred For a Premium Insurance Contract

More information

Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec

Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec Jeremy Ong Divisional Vice-President Great American Insurance Company November 13, 2010 1 Agenda Overview of data breach statistics

More information

Job Seekers undertaking Approved Activities in jobactive. A Guide to your Insurances

Job Seekers undertaking Approved Activities in jobactive. A Guide to your Insurances Job Seekers undertaking Approved Activities in jobactive. A Guide to your Insurances Introduction The Department of Employment has engaged Arthur J. Gallagher Australia (AJG) to arrange insurance for all

More information

Reducing Risk. Raising Expectations. CyberRisk and Professional Liability

Reducing Risk. Raising Expectations. CyberRisk and Professional Liability Reducing Risk. Raising Expectations. CyberRisk and Professional Liability Are you exposed to CyberRisk? Like nearly every other business, you have likely capitalized on the advancements in technology today

More information

Commercial-Retail-Industrial Insurance Application

Commercial-Retail-Industrial Insurance Application QBE INSURANCE (AUSTRALIA) LIMITED ABN 78 003 191 035 Commercial-Retail-Industrial Insurance Application Policy No. Client No. Intermediary No. THE APPLICANT/S Name(s) in full Tax Status Registered Business

More information

understanding your workers compensation accident insurance policy A guide to your policy cover and conditions

understanding your workers compensation accident insurance policy A guide to your policy cover and conditions understanding your workers compensation accident insurance policy A guide to your policy cover and conditions AIPG May 2015 contents About WorkCover Queensland 3 About your accident insurance policy 3

More information

SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry

SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry DATA BREACH A FICTIONAL CASE STUDY THE FIRST SIGNS OF TROUBLE Friday, 5.20 pm :

More information

Managing E-Risks in today s cyberspace: Growth of Cyber Liability Insurance

Managing E-Risks in today s cyberspace: Growth of Cyber Liability Insurance WHITEPAPER MARCH 2014 www.beroe-inc.com Managing E-Risks in today s cyberspace: Growth of Cyber Liability Insurance Abstract With cyber-attacks becoming increasingly sophisticated and frequent, and with

More information

INSURANCE CYBER RISK Tine Olsen, Willis

INSURANCE CYBER RISK Tine Olsen, Willis INSURANCE CYBER RISK 18.06.2013 Tine Olsen, Willis CYBER RISICI Agenda: Introduction to Willis What are Cyber risks? Exposure and cases Risk management Risk transfer Insurance Closure and questions 1 Part

More information

Law Firm Cyber Security & Compliance Risks

Law Firm Cyber Security & Compliance Risks ALA WEBINAR Law Firm Cyber Security & Compliance Risks James Harrison CEO, INVISUS Breach Risks & Trends 27.5% increase in breaches in 2014 (ITRC) Over 500 million personal records lost or stolen in 2014

More information

MedGuard. Peace of Mind for Maryland Doctors. Coverage for the Legal Expenses of Defending Against Administrative Proceedings

MedGuard. Peace of Mind for Maryland Doctors. Coverage for the Legal Expenses of Defending Against Administrative Proceedings MedGuard Peace of Mind for Maryland Doctors Coverage for the Legal Expenses of Defending Against Administrative Proceedings The Coverage You Need About Medguard coverage MedGuard is a defense coverage

More information

Cyber Exposure for Credit Unions

Cyber Exposure for Credit Unions Cyber Exposure for Credit Unions What it is and how to protect yourself L O C K T O N 2 0 1 2 www.lockton.com Add Cyber Title Exposure Here Overview #1 financial risk for Credit Unions Average cost of

More information

Hacks, apps and espionage - how protected are you against cyber crime? Top 10 Legal Need-to-Knows

Hacks, apps and espionage - how protected are you against cyber crime? Top 10 Legal Need-to-Knows Hacks, apps and espionage - how protected are you against cyber crime? Top 10 Legal Need-to-Knows 24 February 2015 Callum Sinclair Faith Jayne Agenda Top 10 legal need-to-knows, including: What is cyber

More information

DATA BREACH, NETWORK SECURITY, CYBER LIABILITY, PRIVACY PROTECTION: ARE YOU INSURED?

DATA BREACH, NETWORK SECURITY, CYBER LIABILITY, PRIVACY PROTECTION: ARE YOU INSURED? DATA BREACH, NETWORK SECURITY, CYBER LIABILITY, PRIVACY PROTECTION: ARE YOU INSURED? February 3, 2012 Steve Brown, Agency Manager West Virginia Medical Insurance Agency How many in the audience today will

More information

Commercial Insurance Application

Commercial Insurance Application Commercial Insurance Application IMPORTANT Commercial NOTICE RELATING Insurance TO THIS APPLICATION Application Please read this section before you complete the Application. IMPORTANT NOTICE RELATING Commercial

More information

General Liability. www.insurancefornonprofits.org A Head for Insurance. A Heart for Nonprofits. (800) 359-6422

General Liability. www.insurancefornonprofits.org A Head for Insurance. A Heart for Nonprofits. (800) 359-6422 General Liability Highlighted Features of our General Liability Coverage ANI and NIAC are 501(c)(3) nonprofits whose sole (All mission included is at to no additional charge, Nonprofits unless noted) OWN

More information

INSURANCE FOR CENTRE-BASED CHILDREN S SERVICES

INSURANCE FOR CENTRE-BASED CHILDREN S SERVICES Resource Sheet INSURANCE FOR CENTRE-BASED CHILDREN S SERVICES Designed for Outside School Hours Care (OSHC) and Long Day Care (LDC) Acknowledgement This resource was developed by Community Child Care (CCC)

More information

Medefense EPLI. and more

Medefense EPLI. and more 2013 Benefits you Medefense Cyber Liability Trust Rewards EPLI and more Rated A (Excellent) by A.M. Best Company TMLT is the only health care liability claim trust created and endorsed by Texas Medical

More information

Security & Privacy Current cover and Risk Management Services

Security & Privacy Current cover and Risk Management Services Security & Privacy Current cover and Risk Management Services Introduction Technological advancement has enabled greater working flexibility and increased methods of communications. However, new technology

More information

Specialist insurance and risk implications for prepaid an update. Prepaid International Forum Osborne Clarke London Thursday 9 th February 2012

Specialist insurance and risk implications for prepaid an update. Prepaid International Forum Osborne Clarke London Thursday 9 th February 2012 Specialist insurance and risk implications for prepaid an update Prepaid International Forum Osborne Clarke London Thursday 9 th February 2012 Introduction To update our presentation of 24 th February

More information

Fact Finder - Business Pack

Fact Finder - Business Pack 1st Floor, 50 Hindmarsh Square Adelaide SA 5000 PO Box 6095 Halifax St Adelaide 5000 Phone 08 8413 6300 Facsimile 08 82119838 enquiries@brecknock.com.au brecknock.com.au Fact Finder - Business Pack Advice

More information

Professional Indemnity Proposal Form

Professional Indemnity Proposal Form Professional Indemnity Proposal Form BuildSafe Insurance Brokers Pty Ltd ABN 84 109 623 976 AFSL 279367 5 Peninsula Boulevard, Seaford, Vic. 3198 Postal: P. O. Box 2294 Seaford, Vic. 3198 Phone: 1300 763

More information

4. Have you ever given notice of a potential Professional Indemnity claim to an insurer in the past? YES NO

4. Have you ever given notice of a potential Professional Indemnity claim to an insurer in the past? YES NO ICB BOOKKEEPER S PROFESSIONAL INDEMNITY AND RELATED INSURANCES APPLICATION FORM **Please read the Statutory Notices page before completing this Application Form** Are You a : Sole Trader ( ) Partnership

More information

Professional Indemnity Insurance AILA Proposal

Professional Indemnity Insurance AILA Proposal Professional Indemnity Insurance AILA Proposal September 2013 Please return this completed proposal to: Lynn Wainstein Lauren Malkin Tel (03) 9613 1442 Tel (03) 9613 1423 Email Lynn.Wainstein@jlta.com.au

More information

Motor Trades Pack. Finely tuned insurance for Motor Trades.

Motor Trades Pack. Finely tuned insurance for Motor Trades. Motor Trades Pack Finely tuned insurance for Motor Trades. Our expertise in insurance supports you and your clients. Flexibility and value for money is the key to satisfying the needs of your clients.

More information

Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re

Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re Global Warning It is a matter of time before there is a major cyber attackon the global financial system and the public needs to invest heavily in

More information

Discussion on Network Security & Privacy Liability Exposures and Insurance

Discussion on Network Security & Privacy Liability Exposures and Insurance Discussion on Network Security & Privacy Liability Exposures and Insurance Presented By: Kevin Violette Errors & Omissions Senior Broker, R.T. Specialty, LLC February, 25 2014 HFMA Washington-Alaska Chapter

More information

Be Afraid, Be Very Afraid!!! Hacking Out the Pros and Cons of Captive Cyber Liability Insurance

Be Afraid, Be Very Afraid!!! Hacking Out the Pros and Cons of Captive Cyber Liability Insurance Be Afraid, Be Very Afraid!!! Hacking Out the Pros and Cons of Captive Cyber Liability Insurance Today s agenda Introductions Cyber exposure overview Cyber insurance market and coverages Captive cyber insurance

More information

Coverage is subject to a Deductible

Coverage is subject to a Deductible Frank Cowan Company Limited 75 Main Street North, Princeton, ON N0J 1V0 Phone: 519-458-4331 Fax: 519-458-4366 Toll Free: 1-800-265-4000 www.frankcowan.com CYBER RISK INSURANCE DETAILED APPLICATION Notes:

More information

Incisive Business Guide to Business Insurance

Incisive Business Guide to Business Insurance Incisive Business Guide to Business Insurance Business Insurance Guide Summary This guide from Incisive Business outlines the features and benefits for your business from taking out business insurance.

More information

Managing Cyber & Privacy Risks

Managing Cyber & Privacy Risks Managing Cyber & Privacy Risks NAATP Conference 2013 NSM Insurance Group Sean Conaboy Rich Willetts SEAN CONABOY INSURANCE BROKER NSM INSURANCE GROUP o Sean has been with NSM Insurance Group for the past

More information

Top Strata Residential Insurance

Top Strata Residential Insurance Top Strata Residential Insurance Your guide to premium, excesses and claim payments The insurer is AAI Limited ABN 48 005 297 807 AFSL 230859 trading as GIO. This product is distributed by Resilium Pty

More information

Do you have the right insurance coverage? Insurance Options as shown on application form A B C D E F G

Do you have the right insurance coverage? Insurance Options as shown on application form A B C D E F G Do you have the right insurance coverage? The CAND recommends that all naturopathic doctors, regardless of where they practice, carry malpractice (Errors & Omissions) liability insurance. In regulated

More information

9/13/2011. Miscellaneous Current Topics in Healthcare Professional Liability. Antitrust Notice. Table of Contents. Cyber Liability.

9/13/2011. Miscellaneous Current Topics in Healthcare Professional Liability. Antitrust Notice. Table of Contents. Cyber Liability. Miscellaneous Current Topics in Healthcare Professional Liability Josh Zirin, FCAS, MAAA Antitrust Notice The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the

More information