A summary report outlining key themes and actions from the Professional Standards Councils’ Roundtable on professional standards schemes and professional indemnity insurance has been published.
The Councils convened a Roundtable on 16 August 2022 to foster closer collaboration between professional associations, the insurance sector and government regulators. The focus was on better utilising the benefits of professional standards schemes to improve the availability and affordability of professional indemnity insurance and consumer protections.
There was general agreement on current challenges and a genuine desire for ongoing engagement on professional indemnity insurance.
A number of constructive actions were identified for associations, insurers and government regulators during the discussion.
To learn more and download the summary report, click here.
Caption: (From left) Professional Standards Authority CEO Roxane Marcelle-Shaw, Director of Dallas Booth Consulting Dallas Booth, CEO of Australian Property Institute Valuers Amelia Hodge, Professional Standards Councils Chair John Vines, Principal of Taylor Fry Kevin Gomes, facilitator Estelle Pearson and Professional Standards Authority Director of Professional Standards Regulation Darren Holder.