{"id":38,"date":"2019-01-17T01:28:21","date_gmt":"2019-01-17T01:28:21","guid":{"rendered":"https:\/\/afslinsurance.com.au\/?page_id=38"},"modified":"2022-11-30T02:28:49","modified_gmt":"2022-11-30T02:28:49","slug":"home","status":"publish","type":"page","link":"https:\/\/afslinsurance.com.au\/","title":{"rendered":"home"},"content":{"rendered":"

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Professional Indemnity Insurance for AFSL licensees.<\/strong><\/p>\n

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 <\/p>\n

The Financial Services Royal Commission has changed industry expectations around liability. Your existing policy requires a review, and likely a new direction.<\/p>\n

When was your last review?\u00a0<\/strong><\/p>\n

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Does your PI cover comply with ASIC’s Regulatory Guide 126?<\/p>\n

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Do you have a specialised PI policy, or are you using one for a Financial Planner?<\/p>\n

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Can your PI policy be tailored to include D&O, Cyber, and Crime Cover?<\/p>\n

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 <\/p>\n

With the completion of the Financial Services Royal Commission, a renewed focus by ASIC and APRA to prosecute rather than negotiate, and clients willing to ask more questions, there has never been a more important time to review your AFSL\u2019s Professional Indemnity insurance.<\/p>\n

Already this year we have seen the following developments in the Professional Indemnity market:<\/p>\n

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