New updates to our Financial Lines offering

Professional Indemnity, Information Technology and Management Liability

Unlimited retroactive cover now included for WebRater New Business:

For all new PI, IT and ML business quoted through the WebRater from 21 September 2026, Unlimited Retroactive Cover automatically applies, for no additional premium, regardless of whether the insured currently purchases these products.

Professional Indemnity

Cost exclusive deductibles:

Cost exclusive deductibles are now available through WebRater for eligible Professional Indemnity risks with deductibles of $5,000 or less.

This change applies to new business and renewals created and issued from 21 September 2026.

Management Liability

Higher turnover threshold for ML Platinum Specialty:

ML Platinum Specialty turnover eligibility has increased from $150 million to $250 million, allowing larger private businesses access to this solution.

What this means for brokers?

These enhancements:

• May help reduce the risk of coverage issues that can arise where a limited retroactive date applies
• Mean insureds may not need to pay a deductible where a claim only results in defence costs and no settlement, subject to policy terms and conditions
• Expand access to ML solutions for larger businesses, providing a cost-effective alternative to standalone covers

Explore our Financial Lines solutions or speak with your local DUAL underwriter to discuss a specific opportunity.

*Cover enhancements, eligibility criteria and product availability may change at renewal and are subject to underwriting acceptance and applicable policy terms and conditions.