Umbrella Defence Costs

Umbrella Defence Costs

The 2014 Bridgecorp ruling (regarding competing claims between defence costs and third party claims on a policy) has potential implications for Australian entities with exposure to New Zealand legislation. The ruling may not be confined to Directors & Officers Liability policies as the legislation can prevent the holder of any liability policy from accessing defence costs where the limit of liability is defence costs inclusive, which is the case for many liability policies, including professional liability policies.

Liberty‘s Umbrella Defence Costs policy is our unique response to this development.

At a glance:

  • Single overarching solution to insurance concerns
  • Protects one or more classes of liability
  • Provides a limit exclusively for defence costs.

Our Approach

Find an Underwriter
Brad Harvey - Senior Underwriter, Professional & Financial Risks

Brad Harvey

Senior Underwriter, Professional & Financial Risks
T: +61 3 9619 9865

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Christian Manning - Risk & General Business Manager & Southern Region Manager, PFR

Christian Manning

Risk & General Business Manager & Southern Region Manager, PFR
T: +61 3 9619 9803

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Helen Brand - Assistant Vice President – Professional & Financial Risks & Queensland Branch Manager

Helen Brand

Assistant Vice President – Professional & Financial Risks & Queensland Branch Manager
T: +61 7 3235 8823

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Ian Balfe - Underwriter, Professional & Financial Risks

Ian Balfe

Underwriter, Professional & Financial Risks
T: +61 8 6188 9507

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Jack Chia - Senior Underwriter, Professional & Financial Risks

Jack Chia

Senior Underwriter, Professional & Financial Risks
T: +61 8 6188 9504

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Jerome Steyn - Assistant Vice President, Professional & Financial Risks Manager, WA

Jerome Steyn

Assistant Vice President, Professional & Financial Risks Manager, WA
T: +61 8 6188 9503

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Josh Luk - Assistant Vice President & Portfolio Manager - Financial Institutions

Josh Luk

Assistant Vice President & Portfolio Manager - Financial Institutions
T: +61 2 8298 5932

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Louise Austin - Underwriter, Professional & Financial Risks

Louise Austin

Underwriter, Professional & Financial Risks
T: +61 2 8047 3382

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Michael Mahlo - Senior Underwriter, Professional & Financial Risks

Michael Mahlo

Senior Underwriter, Professional & Financial Risks
T: +61 2 8298 5906

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Paul Hare - Technical Training & Development Manager, Professional & Financial Risks

Paul Hare

Technical Training & Development Manager, Professional & Financial Risks
T: +61 8 6188 9515

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