A new Professional Indemnity Insurance solution for Fourth Line clients.
We help Financial Planners & Wealth Advisers from Fourth Line access better outcomes across premium, coverage, and policy conditions.
Get better outcomes
with data-driven insights.
With unique data-driven insights, our expert advisers can better articulate your risk profile to insurers enabling us to negotiate superior results – helping you improve coverage, premiums, terms and conditions.
We are pleased to be able to support Fourth Line as a partner for General Insurance, with a deep focus on cost-effective professional Indemnity Insurance for Self-licensed Financial Planning practices, Institutional Licensees and Dealer Groups.
Get started via our online application today -
or contact us on 1300 001 283 to discuss:
Professional Indemnity
Cyber Insurance
Business Insurance
Management Liability
Traversing the world of risk needs partners you can really count on.
With deep expertise in insurance and risk advice, we’ll help you develop outstanding data-driven outcomes for your insurance needs.
About us.
Our core mission is to utilise digital ecosystems to maximise opportunities, while maintaining authentic care and dedicated advocacy for our clients.
Numerisk was born out of a commitment to deliver better advice and solutions to clients servicing complex industry sectors, often poorly served by the broader insurance market.
We turned toward data-insights to help enhance the risk profile we present to insurers. This approach improves application success rates and enables us to negotiate superior outcomes. We're now proud to extend this innovative solution to the broader market.
Our Market Relationships.
As a member of the Steadfast Group and with access to Lloyd's of London, the world's premier insurance market, we are connected to insurers at all levels, both locally and globally.
International Market
Underwriting Agencies
Local Insurers
Partnering with Numerisk equips you with our vast global network of market relationships.
A vital asset for managing complex risks and securing coverage for new and emerging exposures.
Fourth Line:
Our Partner
Partnering with Fourth Line allows Numerisk to work with some of Australia’s highest-quality advice practices & licensees.
Each piece of financial advice (SOA / ROA) poses a potential significant risk to an AFSL. The Courts and ASIC have made it clear – licensees are responsible for overseeing the quality of advice provided by their Financial Advisers (s912A Corps Act).
Licensees can mitigate these risks through effective use of advice assurance technology, such as Fourth Line, which prevet advice to identify and fix issues before the advice is presented, averting breaches and avoiding costly client claims and remediation.
Numerisk has worked closely with Fourth Line to understand more deeply, the products and services offered, including;
- 100-point compliance checks
- SOA / ROA Pre-vetting & Post-vetting
- Real time advice monitoring and supervision
These services can be incredibly valuable in reducing risk and improving a practice risk profile, however when not fully understood by insurers, the benefits can be overlooked.
Numerisk’s understanding of Fourth Line’s products means that we can articulate the value of these solutions to ensure that insurers understand the value and consider this when providing terms for PII.
The benefit to advisers is better outcomes for PII across coverage, terms and conditions and pricing.
Want to see Fourth Line in action?
The best way to see Fourth Line in action is to book a demo & take it for a "test drive" with our Complementary Pilot Program.
Adviser Ratings:
Our Strategic Partner
Powered by ARdata, we unearth wealth industry insights that ensure exceptional outcomes for you.
At Numerisk, we are driven to provide unique and innovative solutions.
Our strategic partnership with Adviser Ratings equip us with deep-data capabilities to better understand quality of advice and uncover unparalleled insights into the wealth industry.
These insights allow our advisers to articulate quality advice more effectively to insurers – positioning us to negotiate superior results across premiums and coverage.
How it works:
1
Data is collected across the entire advice industry
2
Adviser Ratings uses data science to identify and establish a benchmark
3
Numerisk uses this benchmark to build Business Intelligence that better demonstrates quality of advice to insurers
4
The result is improved outcomes for advice practices
“We speak to advisers constantly at Adviser Ratings and of the many challenges faced by advice practices, professional Indemnity is a constant pressure – We are excited to be in partnership with Numerisk and are confident we can achieve meaningful improvement for advisers and ultimately, the Australian consumer.”
- Angus Woods
Angus Woods
Get in touch.
1300 001 283
Let us know if you would like to discuss your insurance needs. Our team is available to answer any questions you may have.
Get in Touch
This information contained on this website is general in nature and should not be relied on as advice (personal or otherwise) because your personal needs, objectives and financial situation have not been considered. Before deciding whether a particular product is right for you, please consider your personal circumstances, as well as any applicable Product Disclosure Statement, Target Market Determination and full policy terms and conditions, available from Numerisk on request. All representations on this website in relation to the insurance products we arrange are subject to the full terms and conditions of the relevant policy.