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Key risks
Understanding the risks in your industry and how our comprehensive coverage responds to protect your business.
A director or officer faces a formal inquiry or claim over governance decisions, compliance failures or alleged wrongful conduct in the business.
Directors & Officers Insurance may respond to claims and inquiry costs arising from alleged wrongful acts by your directors, officers or managers.
A system outage, cyber event or platform failure disrupts your operations and results in claims or losses for your business and clients.
Technology Liability Insurance may respond to claims arising from professional errors, cyber incidents and business interruption losses.
A fraudulent email or spoofed instruction tricks your team into transferring funds to a scammer, resulting in direct financial loss.
Cyber Insurance may respond to losses arising from funds transfer fraud where a fraudulent electronic instruction causes a payment loss.
Unauthorised access to your systems portal exposes customer or employee data and triggers legal and regulatory action.
Cyber Insurance may respond to breach response costs, legal expenses, damages and regulatory penalties arising from a data breach or privacy liability.
A monitoring or control system error causes client loss and a formal dispute over the quality of your professional services.
Professional Indemnity Insurance may respond to claims of alleged negligence or errors in your professional services, including defence costs.
A director or officer faces a formal inquiry or claim over governance decisions, compliance failures or alleged wrongful conduct in the business.
Directors & Officers Insurance may respond to claims and inquiry costs arising from alleged wrongful acts by your directors, officers or managers.
A system outage, cyber event or platform failure disrupts your operations and results in claims or losses for your business and clients.
Technology Liability Insurance may respond to claims arising from professional errors, cyber incidents and business interruption losses.
A fraudulent email or spoofed instruction tricks your team into transferring funds to a scammer, resulting in direct financial loss.
Cyber Insurance may respond to losses arising from funds transfer fraud where a fraudulent electronic instruction causes a payment loss.
Unauthorised access to your systems portal exposes customer or employee data and triggers legal and regulatory action.
Cyber Insurance may respond to breach response costs, legal expenses, damages and regulatory penalties arising from a data breach or privacy liability.
A monitoring or control system error causes client loss and a formal dispute over the quality of your professional services.
Professional Indemnity Insurance may respond to claims of alleged negligence or errors in your professional services, including defence costs.
Important: Scenarios are examples only. Coverage is subject to policy terms, conditions and exclusions. Limits and sub-limits might apply. Policy wordings vary between insurers. Refer to the PDS or Policy Wording for details.
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Claim examples
Real-world examples of claims CleanTech businesses may face.
A cyber attack compromises a green technology platform used to monitor energy usage, exposing client data and disrupting system access. Affected clients claim for losses linked to the data breach and operational downtime.
Claims arising from data breaches, unauthorised access and related privacy incidents may be covered under Cyber & Privacy Liability
A clean tech provider designs and configures an energy monitoring system that later fails to deliver accurate data. The client relies on incorrect reporting and suffers financial loss, leading to allegations of professional negligence.
Claims arising from errors, omissions or failures in technology services may be covered under Professional Indemnity Insurance where the insured is legally liable
While installing renewable energy equipment, mounting hardware is incorrectly secured and causes damage to the client’s roof and internal ceiling. The property owner seeks compensation for repair costs and associated losses.
Accidental damage to third party property caused during insured business activities is typically covered under Public Liability insurance.
During the installation of a solar energy system, a client trips over cabling left temporarily on-site and suffers a leg injury. They require medical treatment and later make a claim against the green tech business for injury-related costs.
Public Liability Insurance may respond to third party injury claims arising from your business premises and operations.
A support worker gave a participant the wrong medication due to a mislabeled pillbox. The participant experienced severe drowsiness and dehydration, requiring overnight hospitalization.
Costs included $8,200 for hospital and rehabilitation, $12,500 for legal defence, and a $7,500 settlement to resolve the claim out of court.
A support worker gave a participant the wrong medication due to a mislabeled pillbox. The participant experienced severe drowsiness and dehydration, requiring overnight hospitalization.
Costs included $8,200 for hospital and rehabilitation, $12,500 for legal defence, and a $7,500 settlement to resolve the claim out of court.
A support worker gave a participant the wrong medication due to a mislabeled pillbox. The participant experienced severe drowsiness and dehydration, requiring overnight hospitalization.
Costs included $8,200 for hospital and rehabilitation, $12,500 for legal defence, and a $7,500 settlement to resolve the claim out of court.
Important: Scenarios are examples only. Coverage is subject to policy terms, conditions and exclusions. Limits and sub-limits might apply. Policy wordings vary between insurers. Refer to the PDS or Policy Wording for details.
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