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Financial Sector (Collection of Data) (reporting standard) determination No. 1 of 2021
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Financial Sector (Collection of Data) (reporting standard) determination No. 1 of 2021
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 1 of 2021.
| Class | Public &Products | Professional Risk |
|---|---|---|
| Public liability (pure) | PUB | |
| Products liability (pure) and product recall | PRO | |
| Mixed public/products cover ('Broadform' liability) | BRD | |
| Construction liability | CON | |
| Cyber Insurance | CYB | |
| Environmental impairment liability | EIL | |
| Excess Liability | EXL | |
| Excess Umbrella | EXU | |
| Umbrella covers | UMB | |
| Other | PLO | |
| Professional indemnity (not medical malpractice) and errors & omissions | PII | |
| Association Liability | ASN | |
| Directors' and Officers' liability | D&O | |
| Defamation Insurance | DFI | |
| Employment Practices | EPL | |
| Financial Institutions Policy | FIP | |
| Information & Communication Technology Insurance | ICT | |
| Medical Indemnity/Malpractice | MAL | |
| Management Liability | MAN | |
| Superannuation Trustees | STL | |
| Other | PIO |
Note: where business is written as part of a package policy, the “Product type” is to be based on the nature of the cover offered, as set out in the above table. The fact that cover is sold in conjunction with other types of insurance is not collected.