Insurance News
-
News: Surveying Firms Face Stricter Scrutiny as PI Market Shifts
The Australian professional indemnity insurance market is stabilising after years of volatility, but insurers are tightening their expectations around documentation and disclosure, particularly for technical professions like surveying. According to recent insurance market reports, insurers are becoming more selective. Premiums may hold steady, but firms with unclear project scopes, incomplete records, or subcontractor exposure are…