A helping hand to young IT graduates

The Australian Computer Society (ACS) announced earlier this year that it will now offer members professional indemnity insurance. For $60 a year, members not only have access to networking, mentoring, professional development opportunities, research and tech journals; they will now be protected with professional indemnity insurance for up to $10 million per engagement. The insurance will cover:

• Defective work
• Failure to meet contract terms
• Product recalls
• Sub-contracted work

This offer will provide organisations looking to engage with a start-up or young professional with limited experience, with assurance and peace of mind.

“Now that ACS is offering professional indemnity insurance for start-ups and young professionals, those starting new ventures will have the opportunity to compete with established players with more confidence,” commented Kareem Tawansi, CEO of software development provider, Solentive Software.

“This is a great win for the software development industry as it will encourage young IT professionals to work independently at an earlier stage in their career, whether that be as a consultant or starting up a company. This will foster more competition in the industry as well as creating more jobs in the Australian market - which can only be good for the Australian economy,” concluded Tawansi.