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Mortgage broker insurance

Tailored insurance solutions for small-to-medium mortgage broker businesses, from one expert broker to another.

What insurance do I need to consider as a mortgage broker?

As a practising mortgage broker, you are likely required by law to have professional indemnity insurance.*

You may also need it to obtain membership with the Mortgage & Finance Association of Australia.*

Professional indemnity insurance can help protect you from a range of claims made against the advice and services you provide, including privacy and breaches, false or misleading advice, errors and omission, and loss or theft of records.

What’s covered?

  • Up to $10 million professional indemnity cover

    The limit of liability is the maximum amount that can be provided under the insurance policy.

  • Breach of duty

    Cover for claims from alleged breaches of fiduciary duty in the performance of professional services.

  • Defamation

    Cover for claims for defamation, libel and slander committed in the performance of professional services.

  • Breach of privacy or confidentiality and intellectual property infringement

    Cover for claims alleging breaches of privacy law or confidentiality, and cover for breaches of intellectual property rights in relation to trade secrets and patents.

  • Lost or damaged documents

    $500,000 sub limit for claims arising from loss or damage to third party documents.

  • 7 years automatic run-off cover

    Applicable to IT consultants, management consultants, miscellaneous professions, multimedia consultants, recruitment consultants and travel agents (subject to policy wording terms and conditions).

  • Public liability as an optional extension

    Help protect your business against third party claims resulting from accidents or injuries that occur as a result of your business activities with public liability insurance. 

Additional cover we can arrange


Accountancy insurance

You can count on Marsh to arrange insurance solutions to help protect you and your firm with comprehensive cover.

Learn More


Financial planner cover

Costly claims can be hard to recover from – even for a financial planner. Help protect yourself with cover arranged by Marsh.


Products and services

Business vehicle cover

Need to travel from one job to another to keep your business running? Marsh can arrange business vehicle cover tailored to your needs. 

Learn more

Why Marsh?

Why should you choose Marsh to arrange your insurance solutions?

Trusted by 130 associations

We are proud to be the endorsed insurance broker for more than 130 Australian industry groups and member associations, developing insurance solutions that help meet the risk and insurance needs of businesses across a variety of industries.

Local expertise

Our Australia-wide network of brokers have spent years at the coalface supporting business owners manage their unique risks in a fast-changing market. They keep ahead of the latest market insights both local and global and break down the jargon into your language

Claims support

Handling an insurance claim can quickly become overwhelming, not least when your time is stretched to the limit keeping your business going in the backdrop. We help take the load off and manage, negotiate and settle claims with insurers on your behalf.

Tailored to your industry 

Marsh brokers are experts in your industry, and can arrange an insurance solution unique to mortgage broker risk exposures and needs.

Easy online quote

Our online quote is easy to use and can give you an estimate in minutes, so you can get back to what you do best – managing your business.

Award-winning experts

Marsh is a recognised industry leader, winning Large Broking Company of the Year numerous times at the Australian Insurance Industry Awards.

Why use a broker?

Choosing business insurance means navigating through products, coverages and policy terminology – with a sales pitch as your only guide. An experienced broker will spot your unique set of risks, match you to the right choice, and advocate for you on price.

Frequently asked questions

Once your cover has been successfully purchased, we can issue a certificate of currency.

If you’re an existing customer, get in touch to request your certificate of currency, policy wording or tax invoice.

Even if you work from home, the risks are just as prevalent as if you worked from an office. 

Your clients can still hold you liable for improper advice, negligence or other breaches. 

As a mortgage broker, you should consider whether professional indemnity insurance and public liability insurance can help protect your business.

It’s not uncommon for mortgage brokers to provide other services, including financial advice and/or accountancy services.

If you add another service to your business, you do need to let us know, and we can advise if your current coverage is sufficient, or if amendments will need to be made and additional costs apply.

Get in touch with our own team of insurance brokers to learn more.

Professional indemnity insurance covers up to $10 million. Public liability insurance covers up to $20 million. 

The risk exposures of each business can differ based on a variety of factors. Some known and emerging exposures you may face include:  

  • Negligence or breach of duty allegations from disgruntled customers  

  • Injury or property damage claims from a third party  

  • Property damage due to natural disaster  

  • Cyber- attacks if your customer or business data is stored by a third party, including accounting software and tools.

Related insurance solutions

slected option

Business insurance

Need a range of covers to suit your business needs? Explore Marsh’s business bundles for glass, theft, contents cover and more.

Cybersecurity insurance

Cyber attacks are becoming increasingly common. Help protect your small business with cyber insurance solutions arranged by Marsh.

Management liability cover

Help protect your business – and your team – against management and operational risks with management liability cover.

Commercial property cover

Let Marsh arrange your commercial property insurance policy to help protect your business’s buildings, contents, and more.

Insurance premium funding

Insurance can be a lifeline. But lump sum premiums can be a hindrance. Pay in monthly instalments with premium funding arranged by Marsh.

Business vehicle insurance

Need to travel from one job to another to keep your business running? Marsh can arrange business vehicle cover tailored to your needs.


Financial planners

Costly claims can be hard to recover from – even for a financial planner. Help protect yourself with cover arranged by Marsh.

Accountancy insurance

You can count on Marsh to arrange insurance solutions to help protect you and your firm with comprehensive cover.

Bookkeeping insurance

When incidents occur, help keep your financial firm running smoothly. Let us arrange a comprehensive insurance solution for you.

* For full scope of insurance requirements, please visit the Mortgage and Finance Association of Australia website:

LCPA 23/099

Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) (“Marsh”) arranges the general insurance (i.e. not the Discretionary Trust Arrangement) and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). Any advice or dealing in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). JGS and JLT are businesses of Marsh McLennan. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.