Product

Professional Indemnity

Occupation

Marketing Consultancy

Industry Segment

Consultant

Claim Description

A marketing consultancy was hired to deliver social media services for a client, including Google Ad campaign setup. Due to a miscommunication within the team, the ad campaigns continued to run beyond their allocated budget for three months. This resulted in charges of $9,422 beyond what had been authorised by the client. The client made a claim against the marketing consultancy alleging they had not managed the campaign in line with the agreed budget.

Outcome

The insurer reviewed the claim and agreed to indemnify the consultancy under the Civil Liability component of their Professional Indemnity policy. A total of $9,422 was paid to the client.

The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. BizCover for Brokers is not authorised to provide claims handling and settling services. This means we cannot assist with, manage, or settle any claims on your behalf or on behalf of your insurer. Coverage for claims on the policy is determined by the insurer, and not BizCover for Brokers.

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