Ocean Underwriting's New Complex Liability Insurance for High-Risk Occupations

Launched in February 2026, the complex risks liability product encompasses a broad spectrum of occupations. Ocean Underwriting encourages brokers to explore the range of covered professions on their website, highlighting the product's versatility and comprehensive nature.

Established in 2023, Ocean Underwriting has been offering financial lines, cyber, property, and liability insurance tailored for Australian small and medium-sized enterprises (SMEs). The introduction of this new facility underscores the company's commitment to addressing the evolving needs of the market.

James Tuitavuki, Head of Liability at Ocean Underwriting, expressed enthusiasm about the launch, stating, "Many brokers encounter risks that fall outside standard appetites. The Complex Risks Liability product allows us to collaborate closely with them to find solutions for clients with more challenging insurance needs."

For restaurant and café owners, this development is particularly pertinent. The hospitality industry often involves unique risks, from potential liability arising from customer incidents to property damage due to unforeseen events. Having access to specialised insurance products that address these specific challenges is crucial for ensuring comprehensive protection.

In light of this, restaurant owners are encouraged to consult with their insurance brokers to assess whether their current coverage adequately addresses the unique risks associated with their operations. Exploring tailored solutions like those offered by Ocean Underwriting can provide peace of mind and financial security in the face of industry-specific challenges.