Australian Investigators & Commercial Agents

Our extensive knowledge and understanding of the Private Investigation and Debt Collection industries has enabled us to provide you with quality insurance cover, with broad policy terms and conditions, at very competitive premiums. The AICA Scheme has been in existence since 2005 and is the insurance scheme of choice for many. From new start-up one person sole-traders to multinational corporations, including leading Australian and International Investigation and Debt Collection firms. One of the great strengths of the AICA scheme has been its ability to adapted and evolve to your ever changing needs.

Get a Competitive Edge

The Scheme which was designed in consultation with members of the industry provides a package of insurance covers, that not only give you peace of mind, but also enables you to meet the requirements of the ever growing pressures of compliance. The scheme also helps you to gain a competitive edge, over the competition, when tendering for contracts, as many tender documents now have stringent insurance requirements, that need to be met before any offer of work is contracted.

Whether you are a sole trader of a multi national operator, this scheme caters for all and with our streamlined processing, you can be placed on cover and receive all your documents within 24 hours.

When joining our scheme you can have the confidence in knowing that you are dealing with a Broker that has an in depth knowledge and understanding of your industry and will work with you to achieve your desired results.

Small Business Discount Rate Scheme

The Small Business Discount Rate Scheme was developed primarily to cater for new start-up businesses and for uninsured sole-trader sub-contractors, that predominantly only do sub-contracting work for larger firms. Operating whilst being uninsured is fraught with danger and for those that choose to pay a levy to be insured under another contractor's policy, may find that they not be adequately insured, or not insured at all.

The Small Business Discount Rate applies to businesses with an annual turnover of up to $100,000. The lower cover limits of $2 million Professional Indemnity and $10 million Public & Products Liability are good for start-up businesses seeking to have their own small to medium independent clients, however, they may not satisfy the top end of town clients, but will provide you with a satisfactory level of cover, in case a claim happens. If you are dealing in debt collection and repossession or work for contractors that have contracts with Financial Institutions, Insurance Companies, Legal Practices, Government Departments, both at State and Federal Level or top end clients, then you may require the cover limits of $5 million Professional Indemnity and $20 million Public & Products Liability.

Why wouldn’t you take out your own insurance, with annual premiums starting from just;

$599, for cover limits of $2 million Professional Indemnity and $10 million Public & Products Liability.

$999, for cover limits of $5 million Professional Indemnity and $20 million Public & Products Liability.

Standard Scheme

The Standard Scheme applies to businesses with an annual turnover of over $100,000 and provides cover limits from $2 million up to $10 million Professional Indemnity and $10 million up to $20 million Public & Products Liability, it is designed for all companies and sole-traders that deal with Financial Institutions, Insurance Companies, Legal Practices, Government Departments both at State and Federal Level and any other business or industry that demand high, minimum, levels of insurance cover. The Standard Scheme enables you to hold the appropriate levels of insurance cover, for your requirements, at a very competitive premiums.

Fidelity Bond

Fidelity Bonds are required by Western Australian and Northern Territory Agents, who need to apply for and maintain a full Commercial Agents Licence. Our annual rates are very competitive, but more importantly there is no "counter indemnity" required from you. This means, that if a claim is made upon the Bond, you are not required to repay the insurer the amount that has been claimed. We would recommend that all agents that currently purchase their Fidelity cover, elsewhere, should carefully check the small print about any counter indemnity and your financial obligations in the event of a claim. For more information about Fidelity Bonds, please refer to the Fidelity Bond page.