Find a team member

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 the Australian insurance market – in particular NSW, the ACT and the Northern Territory, where equivalent legislation applies. The ruling may not be confined to Directors' & Officers' Liability policies: it could 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 professional liability policies.

LIU‘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.
LIU Logos
Liberty International Underwriters a trading name of
Liberty Mutual Insurance Company (ABN 61 086 083 605) incorporated in Massachusetts, USA 
(the liability of members is limited).

Find us on

Copyright 2017 Liberty International Underwriters

Scroll to Top