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Trusted insurance for professionals and businesses.
Policies made for industry, by industry.
Award Winning Insurance
Professional indemnity insurance and business insurance for Australian professional
Working with over 40 associations
Insuring Australians for over 60 years
100% Australian owned
Hear from our customers
Don't take our word for it, hear from some of these people that have experienced our service first-hand.
11/2023
Always helpful and have never had any issues with claims. We have dealt with them for a long time and they understand our business.
01/01/24
As a practitioner and building owner I have used Guild Insurance and have been satisfied with all claims made from lodgement through to completion of remedial work and finalisation of the claim.
19/11/23
Process was simple, smooth and easy! As a new provider, it was so helpful having an experienced person on the other side of the phone, discussing my insurance needs with me.
We provide industry-leading specialist insurance
Our insurance policies are designed to support you. We have a range of covers to comprehensively protect your livelihood and your reputation.
Professional indemnity
Protects you for what you do in your profession.
Business insurance
Protects all aspects of your business – property, people and the interruptions.
Professional indemnity insurance covers you for your civil liability when a claim arises from a breach of your professional duty. For many professional policies at Guild Insurance combine professional indemnity, public liability, and product liability to cover more of your professional duties. Business insurance, on the other hand, is a broader category that encompasses various types of coverage designed to protect businesses from a wide range of risks. This can include property damage, theft, and liability claims from third parties.
For professionals providing advice or services:
- Assess your service risk: Evaluate the potential risks associated with your professional advice or services. Consider the possibility and implications of your advice or actions leading to a client's physical, psychological, or financial detriment. Reflect on the likelihood and consequences of a situation where an error or omission on your part could lead to legal action.
- Understand legal requirements: Familiarise yourself with the legal and regulatory landscape relevant to your profession. Is holding professional indemnity insurance a legal requirement or an industry standard in your field?
For certain contract positions and many allied health professionals regulated under Ahpra require professional indemnity and/or public liability insurance. - Consider your financial exposure: If faced with a legal claim, could you afford the legal defence and potential damages out of pocket?
For business owners protecting their operations:
- Identify your business assets: Determine which physical assets are crucial to your business operations, such as property, equipment, and inventory. Consider the consequences if these assets were damaged, stolen or lost.
- Evaluate liability risks: How likely is it that someone could be injured or their property damaged because of your business activities? This includes both public liability and product liability.
- Consider business interruptions: Think about the resilience of your business in the face of unforeseen events that might force temporary closure. How would such interruptions impact your financial stability?
If you are unsure of the cover you require, please contact us on 1800 810 213 to speak to an insurance specialist.
We can also cover your
Home & contents
Workers compensation
Pet insurance
Why choose Guild Insurance?
Specialist policies for your Profession
Tailored insurance solutions for diverse professions
Claims made easy
Streamlined claim processes for quick resolution
Expert legal advice with Meridian Lawyers
Professional legal support from trusted Meridian Lawyers
Our policies are made for your industry, endorsed by industry pros and updated regularly.
See how we can help you in your industry.
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Claims made easy
It's why you're insured after all, so we've made the claims process quick and easy for you.
Lodge claim online or over the phone
Claim anytime anywhere
Get your unique claim number
Track your claim
A claims specialist will be in touch
We'll be in touch within 48 hours
Learn how to avoid claims at RiskHQ
Car part thefts - will you be next ?
When we think about the risks of car ownership and why we need insurance, most of us would think about damage to our cars due to accidents or theft. However, have you considered the risk of vital parts of your car being stolen?
What’s being stolen and why?
Guild Insurance has noticed an increase in claims due to theft of catalytic converters. Introduced to Australian cars in 1986, they’re vital to the operation of your vehicle and part of the exhaust system in petrol cars that filter emissions so they’re less harmful to the environment. These are stolen because:
- Catalytic converters are made from valuable metals including rhodium, palladium, and platinum, all attracting a high retail price when sold to wreckers.
- They aren’t difficult to steal; it can be done in a matter of minutes with simple tools, just by climbing under a car.
What’s the impact once stolen?
- You can’t drive the car – the car will start yet will be extremely unsafe to drive. Plus, it’s illegal to operate once removed.
- Delays in replacements – replacements can be problematic if there are delays in accessing the necessary part, leading to vehicles being off the road for a long period.
- Insurance cover – some car insurance policies will offer a hire car if the car is stolen, but not always if only a part of the car is stolen, leaving the owner without a car while waiting for the replacement.
What can be done to prevent theft?
Consider where you park:
- Where possible, park securely in an area that can’t be accessed by members of the public.
- Avoid parking in quiet, poorly lit, isolated areas where thieves can go about their business without being seen.
- Parking near CCTV cameras is recommended as these can be deterrents for thieves.
- If you have a high-riding vehicle, consider parking near objects which might make it harder for someone to access the underside of your vehicle, including gutters or other cars.
- Business
- Claims
- Theft
FAQs
The law governs that any professional exercise the required skill to an appropriate level expected by that profession. A professional may be liable for financial loss, injury or damage arising from an act, error or omission of fault if the professional has not acted to the required level of skill deemed in that profession. Failure through this may result in the claimant (person who suffered the loss) be awarded for that loss, damage or injury.
Many professions require you to hold a professional indemnity insurance policy by law, such as Ahpra registered professions, but can be for other industries such as financial institutions also. Please check with your registration body or associations of your profession to know if it is required by law to have professional indemnity insurance. It is often also required by companies who take on contract workers that are not governed under the companies own insurance policy. It is acceptable for a company to ask you as the professional contractor to provide evidence of cover for professional indemnity before starting the contract period.
As stated above professional indemnity insurance covers you for breaches in relation to your professional duty. Liability insurance covers you for activity that results in personal injury or property damage as a result of your business activities that do not relate to your specific profession. An example may be someone who trips and is injured from spilled water within your office may be covered under liability, because it is your duty of care as business person to provide a safe environment. Whereas a person who suffers a loss or injury because of your professional treatment in relation to your job has caused it would usually be consider as an indemnity breach.
Generally business insurance is to cover the physical assets of your business for material damage loss and options for theft cover. It can also include cover for financial loss due to business interruption. Usually basic insurance does not cover breach of duty or flood cover, but if you speak to an insurance specialist it can often be added to your policy for a nominal fee.
Depending on the policy you are taking out, covers will often vary. At Guild insurance we specialise in making a policy to suit your business so that you are not over paying for covers you wouldn't normally need. The best thing to do is call 1800 810 213 to speak to an insurance specialist, they can find out what activities and structure your business is in to then provide you with adequate cover for you.
A certificate of currency (or COC for short) is a written document that confirms that your insurance policy is current and valid at a specific date and time. At Guild we provide easy access to your COC at any time within a few clicks of our online portal PolicyHub. If you are a new customer we can provide you with one post purchase.
Meridian Lawyers services available to you
The Meridian team provide tailored legal services to Guild Insurance customers.
They're experts in advising and assisting Guild's insured customers with their corporate and commercial, employment, dispute resolution and property needs.
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