Hutch Underwriting has rolled out its management liability insurance product to the broker community after a pilot phase. The product is now available exclusively through the Ebix Sunrise Exchange platform (code HUTHML).
The product is available to brokers serving small and medium-sized enterprises (SMEs) in Australia with annual revenues up to $50 million. Quotes can be obtained through a digital pathway on Sunrise Exchange, without the requirement for proposal forms.
The management liability package includes directors & officers, corporate liability, employment practices, statutory liability, crime, and third-party cyber as standard. Optional extensions – such as social engineering fraud, tax audit costs, and bail/civil bond expenses – are available when specified in the policy schedule. Brokers can adjust limits, combine sections, or quote for standalone coverage.
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Dominique Vagi, chief underwriting officer and co-founder at Hutch Underwriting, commented: “We’ve built a clear, competitive solution that removes the friction brokers face when placing SME Management Liability. No proposal form, no waiting days for a response, just fast, flexible cover backed by Lloyd’s.”
The introduction of Hutch’s management liability product comes at a time when the market is experiencing softening conditions. According to the latest Global Insurance Market Index from Marsh, global commercial insurance pricing fell by an average of 4% in the second quarter of 2025 (Q2 2025), following a 3% decrease in the previous quarter. Marsh attributes these reductions to increased competition among insurers, which is contributing to greater market capacity and more favourable terms for buyers.
The Pacific region, which includes Australia, recorded the largest composite rate decrease at 11% in Q2 2025. Financial and professional lines pricing dropped by 4% globally during the same period, continuing a trend of moderation that began in early 2021. Cyber insurance pricing also saw a 7% global decrease, with even steeper reductions in some regions.
The launch occurs amid increasing adoption of digital solutions in the insurance sector and coincides with market trends affecting product development and distribution.
