Design & Construct Professional Indemnity
Client: Building company specializing in construction and fit-out of single-family homes and low-rise buildings
Challenge: The broker was seeking a $10 million limit for their client, but the current insurer could only renew with a $5 million limit due to capacity constraints in the D&C market.
FTA Solution: FTA offers Design and Construct PI coverage with limits up to $20 million. We were able to provide:
- Limit: $10 million (as requested)
- Excess: $10,000
- Premium: Approximately $12,500
This placement demonstrates FTA’s strong capacity for D&C risks where other insurers are pulling back.
Management Liability
Client: Publishing services company
Details:
- Revenue: Approximately $500,000
- Industry: Media/Publishing services
FTA Solution: Our competitive policy pricing delivered excellent value:
- Limit: $2 million
- Premium: $1,500
This facilitated the successful placement of ML coverage for a smaller business at a highly competitive rate.
Combined PI + GL
Client: Recruitment labour hire company
Details:
- Revenue: Circa $18 million
- Specialisation: Legal, tech, business support, and governmental risk and compliance sectors
Challenge: Finding comprehensive coverage for a labour hire business with diverse service offerings across multiple sectors.
FTA Solution: We provided Combined Professional Indemnity and General Liability coverage tailored to their specific recruitment activities and client sectors.
Why Brokers Trust FTA
At FTA Insurance, we commit to:
- 24-48 hour turnaround on all submissions
- Individual risk assessment – every risk underwritten on its merits
- Limits up to $20 million with costs in addition
- Top-tier Lloyd’s capacity backed by world-class syndicates
Contact our team today to discuss your next placement.
Phone: 02 8823 8888
Email: info@ftainsurance.com.au