Professional Services
Committed to delivering a bespoke solution
Just like you, we’re in the business of looking after our clients. Our Professional and Executive Risks team is made up of specialist brokers committed to providing you tailored insurance and risk management solutions. We understand that every firm is unique, and we take a bespoke approach to working with insurers and the market to meet your needs.
- For many professions, the associated governing body sets strict guidelines specifying a level of professional indemnity insurance cover that is required to trade. Honan work with many of Australia’s membership bodies and industry associations to provide business insurance that fulfils our client’s needs, as well as the relevant legislative requirements.
- There are insurance policies designed for certain professional services to cover their specific risk exposures; some of these include accountants, design and construct professionals and IT professionals. It is important that you are purchasing the correct insurance policy for your profession to ensure you and your business are adequately protected.
- Having indemnity cover for your business will safeguard your finances and reputation, giving you peace of mind in the unfortunate event a claim is made against you or one of your employees.
Are you covered?
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Cyber Insurance
Provides protection against the unauthorised access or misuse of confidential or privileged data.
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Crime Insurance
Provides cover for financial loss resulting from theft, fraud, dishonesty or other criminal or malicious acts.
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Employment Practices Liability
Provides cover for claims made against the company by past, present or future employees for employment related issues.
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Directors & Officers Liability
Provides protection for past, present and future claims, alleging a wrongful act in an individual’s capacity as a director or officer of a company.
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Professional Indemnity Insurance
Provides protection against civil liability claims from third parties arising from actual or alleged breaches of your professional duty.
News & Insights
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Tue 09 Jul, 2019
Rebranded specialty division reflects Honan’s strength in managing professional and executive risks, especially in a challenging market.
PRESS RELEASE Honan Insurance Group’s (Honan) Head of Financial & Professional Risks Henry Clark has announced the specialist department has been rebranded to Professional & Executive Risks to better reflect the...
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Mon 29 Apr, 2019
Tougher penalties for Privacy Act breaches
Are you protected? It has now been over a year since the amendments to the Privacy Act were introduced, requiring companies to voluntarily notify any breaches to the Office of...
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Wed 17 Oct, 2018
Farewell to FOS. Welcome, AFCA!
What you need to know: From 1 November 2018, you will need to contact Australian Financial Complaints Authority (AFCA) to resolve any disputes about financial products and services provided by...
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Mon 09 Nov, 2015
National Insurance Brokers Association (NIBA)
Since 1988 Honan Insurance Group has been a member of the National Insurance Brokers Association (NIBA), an organisation which represents the interests of the insurance broking sector in Australia. NIBA...
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Tue 29 Sep, 2015
Great for Criminals, Bad for You: Social Media and KRE (Kidnap, Ransom & Extortion)
We should all be aware by now how fast the Internet and social media is growing. To put this into perspective, there are currently over 3 billion active Internet users,...
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Wed 10 Sep, 2014
SMEs Embrace Facebook & Instagram
Younger small and medium enterprises (SMEs) have responded to the need of using new media technologies for business with almost 41% of SME owners under the age of 44 using...
