One of Australia’s leading insurance providers has updated its professional indemnity and management liability insurance policies, beginning what will be a larger overall renewal of the company’s products.
Ansvar, specialists in care, community, education, faith and heritage insurance sectors, are renewing their policies in order to progress through and respond to changing needs within their core markets.
Ansvar’s Management Liability insurance policy now contains 20 new automatic extensions, including cover for expenses relating to data reproduction, identity fraud, public relations, employee and third party fidelity, and fidelity investigation.
Ansvar’s Professional Indemnity policy has been updated with civil liability wording, and incorporates a range of new automatic extensions to cover consultants, subcontractors and agents, court attendance, public relations, emergency defence and privacy breach response costs.
Ansvar CEO Warren Hutcheon believes that the renewal of these insurance products is important in servicing the needs of the company’s core sectors.
“Ansvar Insurance understands the unique and ever-changing needs and requirements of directors and boards of management in our core sectors; care, community service; education, faith and heritage,” Hutcheon says.
“It is in response to these changing needs that we have updated our Management Liability and Professional Indemnity policies, to offer our clients a relevant comprehensive policy and peace of mind.”