Stand Underwriting is a new Underwriting Agency servicing the General Insurance broking market.

Home-graphic-01

Balance Sheet Protection

We have developed Balance Sheet Protection (BSP), a policy unifying Statutory liability, Employment Practices Liability, Organisation Liability and Directors & Officers Liability together.

With very few occupational limitations, and limits of indemnity available up to $10,000,000 this product is suited to all privately owned companies with revenues up to $100,000,000.

In this ever-changing legislative environment, private companies need the comfort of a Management Liability-style policy written on a broad-form basis to ensure they are receiving comprehensive protection to their business practices.

To get started or arrange a quote email info@standunderwriting.com.au

Coverage

Balance Sheet Protection has the following sections, designed to respond to a broad range of circumstances:

  • Group 43
    Statutory Liability
  • Group 41
    Directors & Officers Liability
  • Group 42
    Employment Practices Liability
  • Group 40
    Organisation Liability
Group 6

Automatic Extensions

Advance payment of legal costs
Blanket Outside Directorships cover
Continuity of Cover
Extended Reporting Period
Extradition costs
Regulatory Audit costs
Preservation of Indemnity
Retirement of Employees
Public Relations costs
Excess of primary D & O

Group 7

Highlights of the cover include

Early response to events from a Notifiable Incident or notice of an Inquiry

Cover written on a broad-form basis

Available for most occupations with transport, construction, manufacturing & mining risks able to be considered

Cover for certain Enforceable Undertaking costs

Broad definition of Employee, including “deemed employees” and voluntary workers

Employment Practices Liability includes actions brought by Labour Hire personnel and applicants for employment;

Isolated limits of indemnity available for each policy section

Written with an Australian Insurer for improved underwriting and claims handling processes

Application - coming soon

Quote, Bind, Endorse and issue documents within minutes. Get a quote now