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Professional Indemnity Insurance Roundtable: report for stakeholders and further actions

Professional practice Systemic risk Insurance Regulatory standards Sector regulation Consumer protection Australia

This summary report outlines key themes and actions from the Professional Standards Councils’ Roundtable on professional standards schemes and indemnity insurance.

The Councils convened a Roundtable on 16 August 2022 to foster closer collaboration between professional associations, the insurance sector and government regulators. The focus was on better utilising the benefits of professional standards schemes to improve the availability and affordability of professional indemnity insurance and consumer protections. 

A number of constructive actions were identified for associations, insurers and government regulators during the discussion.  

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