Insurance & PI Claims Update: Managing Your Risk

PI Insurance is a significant cost in a practice’s budget, so keeping informed on current issues is vital. Join the ACA and Planned Cover for this timely CPD webinar covering the Professional Indemnity insurance market, examples of current PI Claims in practice, and top tips on avoiding unnecessary claims and managing risk.

Planned Cover’s Cos Cirocco will present an update of the insurance industry in Australia, including the flow on effect of both an unstable world political climate, and the close focus on building reform and impacts on policy costs and securing underwriters. National Claims Manager, Adele Monaco will then examine in detail professional indemnity insurance claim case studies. These examples involve projects where the builders have become insolvent and will highlight the errors made (how the negligence claim came about), the impact (who was affected) and the eventual outcome and resolution.

This webinar will provide valuable insights into how a negligence claim can impact your practice and have the potential to turn into costly and lengthy claims.

Our Speakers

Cos Cirocco, National Business Manager & State Manager SA/TAS

Cos has been specialising in the provision of Professional Indemnity/Liability Insurance and Risk/Claims Management advice to construction professionals for over 25 years. He is an Economics graduate and a Qualified Practicing Insurance Broker (QPIB). He is also a Member of the Australian Insurance Law Association.

Adele Monaco, National Claims Manager – Focus Claims

Adele’s career started in the banking/finance sector before transferring to the insurance industry in 1995 for a role as the Legal & Claims Manager for a prominent Australian insurer.  To broaden Adele’s depth in the insurance industry, she spent two years as a Facility Underwriting Manager before returning to Claims Management where she had the opportunity to utilise her legal training in a more focused way. In Adele’s current role as National Claims Manager, she has proactively managed and coordinated the outcome of thousands of facility long tail professional indemnity insurance claims emanating from all Australian States. Adele’s qualifications include a Bachelor of Arts Degree from the University of Melbourne, a Law Degree from Monash University and a Graduate Diploma in Arts Management, from the Victorian College of the Arts/University of Melbourne.

WHEN

Members $30
Non-members $60

*One ticket per attendee. **Join the live session or opt for a recording-only ticket. All ticket holders will receive recording access and webinar materials.

CPD

Participation in this 1 hour webinar will deliver 1 formal CPD point.

Learning outcomes – Completion of this webinar will give attendees a better understanding of the current state of insurance and factors impacting policies; and examples of how to better manage PI insurance related risks.

AACA Competencies: Practice Management and Professional Conduct – PC1, PC16

APBSA Core Area: Practice Management

The webinar will include time for a Q&A with our speaker. CPD questions will be provided. You can join the session live or opt for a recording-only ticket.
Please keep your receipt, completed questions and certificate for your CPD records. A link will be provided to upload CPD answers and for issue of a CPD certificate of completion.

CONTACT