The Australian Livestock & Property Agents Association Limited (ALPA) have established quality Professional Indemnity and Office Insurance schemes tailored for its members.

This scheme provides members of ALPA with excellent professional indemnity insurance at unmatched quality and competitive rates.

The Scheme also covers a wide range of activities including Livestock Sales, Auctioneering, Real Estate Sales and Leasing, Property Management, Strata Management and Property Valuations.

You can explore the suite of additional insurances we offer to ALPA members:

1) Professional Indemnity Insurance

Professional Indemnity Insurance provides cover for claims of alleged professional negligence.

We offer a quality Professional Indemnity Insurance scheme specially tailored to the needs of ALPA members. This scheme provides ALPA members with excellent cover at unmatched quality and competitive rates.

The Scheme covers a wide range of activities including:

‍‍Livestock Sales
Auctioneering
Real Estate Sales & Leasing
Property Management
Strata Management
Property Valuations
Business Broking

Cover includes:

Costs incurred to investigate a claim
Legal costs incurred to defend the Insured
Costs to dispose of a claim for which either a settlement has been reached or for which you have been found liable by the courts.

Key policy benefits include:

A comprehensive policy with wording backed by the quality of Vero Insurance and Lloyd’s of London Insurance
Free 7 year run off cover Australia wide for eligible insured's. Under normal circumstances, run off insurance could cost the equivalent of approximately 4-5years of annual premiums.
Two policy limits for the price of one and in some cases three for the price of one
Automatic Fidelity sub limit of $50,000
Low excess structure – in some cases “costs exclusive”
Franchisor Liability Extension
Bodily injury/property damage cover to the full policy limit
Continuous Cover provision
Dedicated Claims Manager

2) Office Insurance

We offer tailor-made Office Insurance for ALPA members. This scheme is designed to provide specialised cover that meets the requirements of ALPA members.

Cover depends on the options chosen and could include:

Accidental loss or damage to property
Theft
Glass and signs damage
Money
General property (cover for items removed from the office)
Employee dishonesty
Business interruption
Machinery breakdown
Computer & electronic equipment breakdown
Public liability
Tax investigation
Key & lock replacement on rental properties where keys are lost/stolen
Open house property damage & theft

3) Management Liability Insurance

Managing a business comes with its risks and responsibilities. As a director or officer of a business, your personal assets as well as company assets can be exposed to those risks under a range of circumstances.

Management Liability Insurance primarily provides coverage for Directors and Officers for loss of account from wrongful acts committed or allegedly committed in the execution of the director or officer’s duties.

These policies also extend to cover

Employment Practices Liability – full policy limit
Statutory Liability – generally up to $1,000,000
Crime (First Party & Third Party cover) – generally up to $1,000,000
Tax Audit – generally up to $100,000

Find out more about Management Liability Insurance

4) Cyber Crime Insurance

Cyber criminals are becoming more sophisticated and are increasingly using tactics such as identity theft to hack into systems or company processes, obtaining access to company bank accounts and trust funds. Cyber related crime can result in significant losses to your business.

Without the correct Cyber and Crime Insurance in place, many businesses will remain uninsured for this criminal activity. Cover can be arranged via a packaged Management Liability policy or can also be arranged via standalone Cyber and Crime Insurance policies.

Find out more about Cyber Insurance

5) Public Liability Insurance

If you lease or own a company office, hold events, visit clients, participate in auctions and other sales or property management activity you will have an exposure to potential third party injury and property damage claims.

Public Liability is a ‘must have’ Insurance policy for all businesses who operate in the Real Estate and Property Management sectors.

Find out more about Public Liability Insurance

6) Workers Compensation

This statutory form of insurance is compulsory in all states and territories for incorporated entities who employ staff or pay wages. Workers Compensation Insurance is also required for sole traders and ABN holders.

Find out more about Workers Compensation Insurance

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Why Choose GSA

At GSA, we understand the risks involved with livestock. Our experienced insurance brokers know the requirements around the industry and can help you arrange the right cover to meet the needs and budget of your business.

Our team is here to assist with insurance quotations, policy administration or risk advice throughout the year. In the unfortunate event of a claim, our in-house claims team will be by your side and help ensure you receive your full entitlement without delay.

If you haven't already, please don't hesitate to reach out to our team for a full risk assessment or simply fill in the quote request form below and one of our brokers will be in touch.

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Your Service Team

For assistance with insurance quotes, policy administration or risk advice, your Client Manager Stacey is here to help.

Should a claim arise, our experienced in-house claims team can provide advice and assistance with the lodgement of your claim. To make a claim or enquire about the status of your claim, please call (02) 8274 8100 or email claims@gsaib.com.au.

For any other enquiries, please contact our office. We have a wealth of experience in our team and will gladly put you through to someone who can assist.