PROFILE
Procover Underwriting Agency Procover focuses purely on professional indemnity, management liability and open market placement, and has a team of experienced underwriters with the skills to make fast decisions and deliver timely solutions.
02 9307 6600 PROCOVER IS a professional lines underwriting agency that provides insurance solutions with tailored coverage to SME and mid-market clients. Procover competes in the insurer market on more vanilla-type risks, while still accepting more of the challenging risk exposures.
Professional indemnity facility Procover can arrange a full civil liability policy wording, including covers for bodily injury, property damage, pollution, fines and penalties, joint ventures, vicarious liabilities and more. Procover can offer terms on occupations across a broad range of engineering disciplines, such as civil and structural engineers; project/construction managers; quantity, land, and engineering and land surveyors; NATA-accredited consultants, including laboratory and others. Procover also writes a broad range of miscellaneous
finlines@procover.com.au
www.procover.com.au
PI occupations, including management, PR, advertising, marketing consultants, real estate agents, property managers and business brokers.
PRODUCTS • Professional indemnity • SCTP (Steadfast Client Trading Platform) PI
SCTP (Steadfast Client Trading Platform) PI Procover was the first to auto rate on the SCTP for professional indemnity risks, a contestable platform where a Steadfast broker can obtain multiple quotes for a single risk for miscellaneous professions, real estate agents, property managers, business brokers, management/business consultants and more.
• Management liability • Open market placement
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Management liability facility Directors of large public companies are exposed to personal liability for breaches of their duties, but directors and officers of private companies are also at risk and can potentially be exposed to the following:
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LISA MIRANDA, SENIOR PROFESSIONAL LINES UNDERWRITER LISA MIRANDA joined Procover as a senior professional lines underwriter in 2018 and has made a great contribution to all aspects of the business, including daily operations, assisting in the growth of the portfolio, and in underwriter training. During her time at Procover, Miranda has enjoyed spending her time focusing on different projects and assisting in bringing them into production, including the SCTP PI auto rate project. With over 15 years’ experience in the insurance industry, Miranda is passionate about underwriting, especially within
the financial lines products suite. Miranda started her insurance career as a client representative for landlord home and contents insurance before making the jump into working for a reputable underwriting agency for 10 years. Early in her career, Miranda worked in telecommunications, analysing fraud activities. Driven by the daily insurance challenges, Miranda enjoys analysing and selecting risks, maintaining relationships with brokers, assisting with training, developing with her peers, and problem-solving.
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the cost of defending a claim or claims, and any damages and costs awarded against them, including those based purely on an allegation of a breach of duties the cost of preparing for and being represented at an official investigation a claim arising from employment-related complaints, unfair dismissal or sexual harassment potential liability arising while serving as an outside director statutory liability for breaches of work health and safety employee theft and more
Open market placement Procover has access to a wide range of Lloyd’s syndicates for ‘open market’ placements of risks that fall outside its binder facility. Its strong relationship with more than 20 Lloyd’s markets, developed over the past 15 years, gives Procover access to terms for hard-to-place risk exposures and products. Procover Underwriting Agency Pty Ltd (ABN 46 165 322 592, AR No. 453410) (‘Procover’) is an Authorised Representative of Miramar Underwriting Agency Pty Ltd (ABN 97 111 534 797, AFSL 314176) and acts under binding authorities as an agent for the insurers of the products under a coinsurance arrangement between certain underwriters at Lloyd’s and HDI Global Specialty SE - Australia (ABN 58 129 395 544, AFSL 458776).
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