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Professional Risks Insurance

Professional Indemnity, Management Liability, Cyber liability & Privacy Protection. At CIB, we understand the unique responsibilities carried by professionals who provide specialist advice or services.
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Protecting the Professionals Who Keep Australia Moving

At CIB, we understand the unique responsibilities carried by professionals who provide specialist advice or services.

Professionals today face increasing regulatory scrutiny and a higher likelihood of claims alleging errors, omissions, breaches of duty or misleading advice. Even unproven claims can be timeconsuming and financially draining to defend, which is why the right cover matters.

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Why Businesses Trust CIB for Professional Risks Cover‍

‍Tailored, IndustrySpecific Advice‍

Professional risks vary widely across industries. Like leading insurers emphasise, no two businesses share the same risk profile—so we take the time to understand your operations before recommending cover.

EndtoEnd Support‍

We advocate for you—not the insurer—including during claims, reviews or policy renewals. This mirrors best practice across top Australian brokerages.

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Is Professional Risks Cover Right for You?

You should consider this cover if you:

  • Provide specialist advice or services
  • Manage a company or make executive decisions
  • Hold confidential client data or rely on digital systems
  • Employ staff or contractors
  • Operate in a regulated industry

These areas expose businesses to legal, financial and reputational risks that can be mitigated through the right insurance portfolio.

Let’s Protect Your Professional Reputation‍

Whether you're a consultant, director, contractor, engineer, advisor, professional or smallbusiness operator, CIB ensures your professional risks are identified, understood and covered with a solution tailored to your business.

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Take a look at what our clients have to say about us!

We’re committed to exemplary service and ease of transaction while protecting your assets. And if an incident occurs, we’ll support and advocate for you through the entire claims process – negotiating with insurers and third parties to ensure the swift payment of any benefits you’re owed. You’re always our top priority.

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What We Cover

Professional Indemnity Insurance‍

Designed for anyone who provides professional advice or services. Professional indemnity protects you against claims such as:

  • Errors or negligent advice leading to financial loss
  • Breach of duty, confidentiality or privacy
  • Unintentional defamation or intellectual property infringement
  • Misleading or deceptive conduct under relevant legislation

It is a vital protection for consultants, tradies offering specialised advice, instructors, engineers, IT professionals, estate agents and many others. Leading insurers highlight that tailored PI cover is essential due to the diverse nature of professional risks across industries.

Management Liability Insurance‍

Management liability protects the business and its decisionmakers—directors, officers and managers—against allegations of mismanagement, regulatory breaches or wrongful acts. It can include:

  • Directors & Officers liability
  • Employment practices liability (e.g., wrongful dismissal, discrimination)
  • Statutory liability for regulatory investigations, fines or penalties
  • Company expense cover, including tax audit and fidelity losses

Increasing regulatory pressure has made this a critical cover for businesses of all sizes.

Cyber Liability & Privacy Protection‍

With cybercrime affecting more than 20% of Australian businesses, and SMEs being heavily targeted, cyber insurance has become essential—not optional.

Cover may include:

  • Incident response and IT forensics
  • Data recovery and system restoration costs
  • Thirdparty liability from privacy breaches
  • Business interruption due to cyber events
  • Ransom, extortion and crisis communication support

Leading brokers across Australia reinforce the importance of tailored cyber insurance for businesses of every size.

Interested in how we can help you and your business?

With more than 100 years’ experience we take the time to listen and understand your personal or business needs, to identify your exposures and provide innovative cover options and better outcomes so you can achieve your business and personal goals knowing you are protected.

Take A Look At Some Of Our Recent Success Stories

We’re committed to exemplary service and ease of transaction while protecting your assets. And if an incident occurs, we’ll support and advocate for you through the entire claims process – negotiating with insurers and third parties to ensure the swift payment of any benefits you’re owed. You’re always our top priority.

Have questions? Take a look at our FAQ’s here!

We have an honest, open, flexible and authentic customer centric-business relationship, to ensure we fully know our clients, their needs, and appreciate what’s important to you. We are here to guide you through your journey, constantly reviewing and providing  advice on your insurance needs to help you grow.

We are here to protect your assets with exemplary service, ease of transaction, and prompt claims settlement – you are always our priority.

Check out our resources for industry insights as well as tips & tricks

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Manufacturing

Manufacturers across Australia face a wide range of operational, financial, and safety risks. From machinery breakdowns to product defects and supplychain disruptions, even a single incident can halt production and impact profitability. CIB provides tailored manufacturing insurance solutions to help protect your equipment, people, and business continuity.
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Construction & Civil

Specialist Protection for Builders, Contractors & Civil Operators
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Mobile Plant & Equipment Insurance

Protecting your machinery is protecting your business. At CIB, we help contractors, operators, and businesses safeguard their essential plant and equipment with tailored, reliable insurance solutions.
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Commercial Property

Protecting the places where local businesses thrive
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Transport & Logistics

Protecting the operators who keep Australia moving.
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Trades Insurance

Australia’s trades and construction sectors face daily risks—from accidental property damage to stolen tools and unexpected injuries. At CIB, we provide tailored insurance solutions designed to keep tradies protected and on the tools.
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Business Insurance

Business insurance plays a key role in safeguarding your assets, revenue, people, and reputation.
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Protecting your business when it matters most

Every business has people whose knowledge, relationships, or leadership keep thingsmmoving forward. But what happens if one of those people can no longer contribute due to serious illness, disability, or death? At CIB, we help safeguard your business against the financialnimpact of losing a key individual or business partner. Our Key Person and Buy–Sell insurance solutions provide continuity, stability, and peace of mind.
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Commercial Motor & Fleet

Protecting the vehicles that keep your business moving.
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Farming & Rural

Farming in Australia presents enormous opportunity—yet it also brings daily uncertainty. From unpredictable weather to machinery failures, livestock losses, and rising operational risks, the right insurance plays a vital role in protecting your livelihood, assets, and longterm sustainability.
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Personal Lines

From home and motor vehicle to boats and valuables, CIB works with a wide range of insurers to find cover tailored to your individual needs — giving you peace of mind that what matters most is protected.
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Personal Risk Insurance

Life can change in a moment, and the impact of illness, injury or loss can place significant financial pressure on families. At CIB, we work alongside Steadfast Life to help you access personal protection solutions that support your lifestyle, safeguard your income, and provide confidence for whatever the future brings.
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WorkCover

CIB has partnered with Safescope, specialist WorkCover consultants, to help employers navigate their obligations with confidence. From understanding premiums to managing claims, we ensure your business stays compliant and your people are protected.
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Take A Look At Our Other Services…

We’re committed to exemplary service and ease of transaction while protecting your assets. And if an incident occurs, we’ll support and advocate for you through the entire claims process – negotiating with insurers and third parties to ensure the swift payment of any benefits you’re owed. You’re always our top priority.

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