Professional Risk Managers (PRM) is a Full Service General Insurance Firm, a specialist Insurance Broker, Risk Adviser and Manager with a particular focus on providing superior service standards and expertise to Professional Service Firms, Financial Institutions, Commercial and Corporate Clients in every industry within Australia and overseas.

PRM has the expertise to provide advice, design, place and manage all types of General Insurance Programs including:

  • Property and Business Interruption
  • Public and Product Liability, Product Recall, Tamper, Contamination and Extortion, IT Liability
  • Primary and Excess Professional Indemnity, Medical Malpractice
  • Management Liability (Directors & Officers Liability, Company Reimbursement, ODL, Crime, Employment Practices Liability and Statutory Liability – Fines and Penalties)
  • Combined Financial Institutions and/or Investment Managers Insurance
  • Cyber Risk – Network and Data Security including Privacy Breach
  • Contract Works, Mobile Plant, Machinery & Electronic Equipment Breakdown
  • Marine Transit, Marine Hull/P&I
  • Aviation Hull & Liability, Hangar Keepers Liability
  • Motor Fleets – Light and Heavy
  • Workers Compensation, Journey, Personal Accidents and Corporate Travel

Our unique approach is designed to provide our clients with a range of highly efficient and cost effective professional services tailored specifically to meet the client needs.

PRM works closely with client to identify exposures and then recommend solutions to avoid, manage, minimise the risk or transfer the risk through tailored insurance products.

The strength of PRM goes far beyond its own business. PRM is a Corporate Authorised Representative of Insurance Advisernet Australia Pty Limited (IAA – Australian Financial Services Number 240549). As an authorised representative of IAA, we enjoy access to leading information technology systems, corporate buying power with insurance markets and education services. IAA is a member of the ASX listed AUB Group formally Austbrokers, the largest equity-based risk management, advice and solutions provider in Australasia with more than 450,000 clients and $4.5 billion in gross written premiums. Beyond the unrivalled financial strength this offers it also means every IAA representative is a member of the Austbrokers network, bringing even greater choice and value to our clients.

For more information, please refer to:

In a fast changing environment businesses operate in, it is important that your insurance program is constantly monitored to ensure coverage is available for traditional and emerging risks and also compliant with the requirements of various regulatory requirements. PRM is at the forefront of your profession. Through continuous and ongoing contact with industry stakeholders, we monitor the ever changing legal and regulatory environment to ensure our clients have access to the broadest coverage available in the market and receive the most up to date advice on their insurance & risk management program.

We have stringent processes in place to ensure that the insurance companies we utilise on behalf of our clients have the appropriate financial security, claims management arrangements in Australia and Overseas where required and meet all necessary licensing requirements. Our financial security council review the insurers on our approved security panel on a regular basis to ensure that all underwriters meet our requirements.

Local Presence – Global Reach

We have strong relationships with Agents and Insurers in the Local and London Insurance Market. This provides our clients with access to many reputable Insurers locally and in the United Kingdom including access to Lloyd’s of London Syndicates. Not only does this introduce additional competition to the market place, but the insurance programs we arrange for our client are specifically tailored for the exposures and risk appetite of our clients.

PRM aims to deliver market leading expertise, products and service to our clients and to add value in everything we do.