Sole Traders and Partnerships Management Liability
Commercial Insurance
AUD 300 /year
AUD 5M
AUD 500
All States
No
- Crime
- Employment Practices Liability
- Management Liability
- Statutory Liability
- cafes and restaurants
- farms, agriculture, forestry and fishing
- trades - air conditioning installation, solar panel installation, electricians, shop fitters, cabinet makers
- retail businesses
- solicitors and barristers
- accountants
- architects
- medical and allied health professionals; psychologists, chiropractors, and dentists
- beauty therapists; hairdressers, nail and beauty salons
- real estate agents
- administrative and support services; bookkeepers, secretarial services or graphic designers
- cleaning and maintenance businesses
- IT consultants
- mortgage brokers
Product Overview
Sole Traders and Partnerships Management Liability by ProRisk Underwriting Pty Ltd helps protect small businesses that are not traditional companies. It brings management‑style protection to sole traders and partnerships that often sit outside standard D&O and management liability covers.
This policy can respond to claims against owners, the business, and related service entities. It also includes protection for employment disputes, tax audits, crime losses, statutory penalties, and investigation costs.
Premiums start from around $300 a year, with limits available up to $5m depending on the risk profile. Businesses with modest turnover and up to 100 staff can usually find a limit and excess combination that fits.
About Sole Traders and Partnerships Management Liability by ProRisk Underwriting Pty Ltd
Target occupations range from cafes, trades, and farms through to professional services, medical and allied health, beauty, real estate, and support services. Many more small enterprises can access cover through ProRisk’s ProBind platform, which lets brokers quickly adjust limits and excesses.
Claims support includes access to specialist lawyers, accountants, and forensic investigators in the event of a claim or investigation. Brokers who want to see how this works in practice can review the product documents on this page, then reach out through the ‘Contact Underwriter for Quote’option when a case looks like a fit.
Sole Traders and Partnerships Management Liability by ProRisk Underwriting Pty Ltd FAQs
Do sole traders need public liability insurance in Australia?
Many sole traders carry public liability for on-site work and then consider a product like Sole Traders and Partnerships Management Liability by ProRisk Underwriting Pty Ltd for management exposures.
Which industries are a good fit for Sole Traders and Partnerships Management Liability by ProRisk Underwriting Pty Ltd?
This policy suits a wide range of small enterprises that operate as sole traders or partnerships. It includes cafes and restaurants, farms and agriculture, trades, retail shops, professional services, medical and allied health, beauty salons, real estate, cleaning, and office-based support services, with many more occupations available through ProBind.
What is the typical size of business, in turnover and staff, that this product is designed to protect?
Sole Traders and Partnerships Management Liability by ProRisk is suitable for organisations with turnover up to $5 million and up to 100 employees. This keeps the focus on genuine small to medium businesses rather than larger corporate groups.
What are the main coverage sections included under this sole traders and partnerships management liability policy?
The policy sets out several insuring clauses for key risk areas. It includes insured person, reimbursement and service company liability, employment practices and self-managed superannuation fund trustee liability, plus crime, tax audit expenses, statutory liability, and investigation costs cover under one integrated policy.
How flexible are the limit and excess options under Sole Traders and Partnerships Management Liability by ProRisk Underwriting Pty Ltd?
This ProRisk product has limits from $50,000 up to $2 million, with premiums starting from about $300 plus taxes and charges. IB Markets lists a maximum limit of $5 million, and ProRisk also highlights choice of limit and excess, which brokers can adjust on ProBind to suit each client.
Small Businesses
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