Professional indemnity, cyber and management liability cover options for AI consultants and implementation specialists building and deploying AI solutions for Australian businesses. Talk to a specialist broker.
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Reviews
Amazing service, efficient, reliable and most of all...stress free. Dani, you are a star, thank you so much for sorting my new policies. A very different and better experience to that had with my previous Broker. Keep up the great work.
Danielle has been an absolute blessing for us. She reached out to me after seeing a disheartened and desperate comment by me in an online group. We had desperately been searching for coverage for our dream property in Tasmania - two other brokers (including a huge company with offices all over the country) had exhausted their options and not been able to help, and settlement was looming. Danielle was professional but also very friendly, warm and reassuring during my stressing out, and I knew she was going above and beyond to get this done! She kept me in the loop every step of the way...and succeeded in getting us a policy within a matter of days! I am so, so grateful, and cannot recommend her highly enough! She is amazing at what she does and is a genuinely wonderful human too!
It was so refreshing to have someone take the time to explain the important clauses of the professional indemnity insurance. The customisation was really good. Would highly recommend.
Danielle at SOL Insurance is amazing! Was a huge support during a really busy time when our insurances had lapsed and another broker hadn’t found a suitable alternative. Dani kept on top of things and acted fast to get us cover, and with a solid price point compared to what I had found with my own enquiries. Will absolutely use Dani again having come highly recommended to us, and I’d gladly recommend SOL insurance to others.
Danielle is fantastic. Very efficient and she got me an excellent quote/insurance. I highly recommend her, if you are like me a small business that has to cover insurance.
Tell us a little about your business and we’ll be in touch to discuss your insurance requirements.
Implementing AI systems for clients comes with risks that don’t fit neatly into a generic IT consultant policy: a flawed model can produce costly errors, training data can raise intellectual property questions, and the systems you build often hold sensitive client data. Sol Insurance Brokers can help you explore cover options that reflect how AI consulting actually works.
01
Is designed to help protect you against claims arising from an error, omission or a flaw in the model or solution you build, where that flaw causes a client financial loss, subject to policy terms.
02
Can help cover the costs following unauthorised access to an AI platform you manage, exposing training, user or employee data, subject to policy terms.
03
Can help cover the costs of defending claims relating to your management decisions, statutory liability or employment-related disputes, subject to policy terms.
04
Can help cover your laptop and other portable work equipment against risks such as theft or accidental damage, subject to policy terms.
Depending on your business and circumstances, additional covers may include, but are not limited to, Business Interruption, Personal Accident & Illness and Workers Compensation, where relevant and subject to policy terms, conditions and exclusions.
A flaw in a model or AI system that produces inaccurate outputs, causing a client financial loss
An AI solution trained using data or content the client didn't have clear rights to use
Unauthorised access to an AI platform exposing training, user or employee data
A delivered AI solution failing to perform as specified in the client contract
A fraudulent email or spoofed instruction tricking your team into transferring funds
A client's automated decision-making system producing an incorrect outcome traced back to your implementation work
Important: The information provided on this page is general in nature and does not take into account your individual circumstances. Insurance cover, terms, conditions and exclusions vary between insurers and policies. Your insurance requirements will depend on your business activities, contracts, assets and individual circumstances. Please refer to the relevant policy wording and documentation for full details of cover. The risks listed above are general examples only, for illustrative purposes, and do not confirm that your individual policy will respond to any particular claim.
It can respond to a claim that an error or flaw in the solution you built caused the client a financial loss, subject to your policy terms. It’s worth discussing exactly what you build and deploy with your broker so your cover matches the work.
This is a genuine and growing area of exposure. Professional indemnity can potentially respond to a resulting claim, but it’s worth flagging your data sourcing practices to your broker so any gaps in cover are identified early.
If you build, host or have access to systems that process client, user or employee data, even temporarily, that’s generally enough to create a cyber exposure worth covering.
It can. Management liability generally responds to claims like employment disputes or regulatory action, which can apply regardless of how small your team is.
Portable equipment cover can generally include your laptop and related equipment against theft or accidental damage while working from different locations, subject to policy terms and any security conditions.
It can be both, as long as it’s disclosed. Some insurers treat building and deploying AI agents, automations and integrations differently from advisory work, and many now ask specific questions about it. We’ll make sure your business description covers everything you deliver so there are no gaps.
Cover generally isn’t conditional on a signed contract, but contracts often set the limits, indemnities and insurance you’re required to hold. Keeping written records of the agreed scope, such as emails, quotes or statements of work, can help if a dispute arises. Your lawyer can advise on contract terms.
Tell us a bit about your business and one of our brokers will be in touch.
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