Penny is a partner of Kennedys in Sydney with over 15 years’ experience in insurance law and dispute resolution. Penny specialises in financial lines insurance, in particular professional indemnity, Directors & Officers and management liability insurance, advising on complex coverage disputes, acting as defence counsel and advising on product development for domestic and London market insurers.

Penny has acted in high profile director and officers disputes including class actions, ASIC prosecutions, liquidators’ proceedings and special commissions of inquiry.  She has considerable experience in multi-party litigation in Supreme and Federal Court jurisdictions predominately in the construction and engineering and financial services sectors.

As an experienced litigator Penny has a complementary practice representing a number of
construction and engineering firms on a range of commercial disputes.

Penny is the staff partner of our Sydney office and manages the firm’s pro bono practice.
She is also National Secretary and Vice-President of the Australian Professional Indemnity Group.

Penny offers particularly noted experience in the handling of ASIC prosecutions, class actions and high-profile D&O-related litigation. She is a good, and definitely well-liked operator.

Chambers Asia Pacific 2022

Market recognition


  • Notable practitioner for 'Insurance Defence (Australia)
    "Penny Taylor offers particularly noted experience in the handling of ASIC prosecutions, class actions and high-profile D&O-related litigation. An interviewee describes her as 'a good and definitely well-liked operator.'"
    Chambers Asia Pacific 2022
  • Best Lawyers Australia (2023) for "Construction & Infrastructure Law", "Insurance Law" and "Professional Malpractice Litigation"


  • Leading lawyer for 'Professional Indemnity (New South Wales)'
    Doyles Guide 2021
  • Recommended lawyer for 'Insurance (Australia)'
    "Penny Taylor has accrued significant experience in property and financial lines insurance."
    The Legal 500 Asia Pacific 2021
  • Notable practitioner for 'Insurance (Australia)'
    "highly regarded as a good operator on the practice area scene."
    Chambers Asia Pacific 2021


  • Notable practitioner for 'Insurance defence (Australia)'
    Chambers Asia Pacific 2020


  • Recommended lawyer for 'Insurance (Australia)'
    The Legal 500 Asia Pacific 2016 - 2018

Work highlights

  • Acting for the former CEO of Trio Capital Limited in Federal Court proceedings commenced by Dominion WFS Pty Limited. Allegations include breaches of the Corporations Act and Superannuation Industry (Supervision) Act 1993 (Cth).
  • Acting for a former officer of Forge Group Limited (in liquidation) in Supreme Court proceedings for a claim for misleading and deceptive conduct arising from the collapse of Forge Group companies.
  • Acting for a former director and CEO of MFS Investment Management (MFSIM) in a Liquidators examination; ASIC prosecution and shareholder Class Action following the companies collapse.
  • Successfully defending an insurer in Supreme Court proceedings arising from the denial of indemnity to the directors and officers of Arimco Mining Pty Ltd for reasons of non-disclosure - Martin John Green as liquidator of Arimco Mining Pty ltd (In liq) v CGU Insurance Ltd.
  • Advising professional indemnity underwriters in claims made by Griffin Coal against a law firm for alleged breach of contract, negligence and misleading and deceptive conduct following a failure to secure a payment obligation under a Sale Agreement for a coal mine in WA.
  • Acting for Lloyd’s underwriters in a large professional indemnity claim arising out of the Adelaide Desalination Plant.
  • Acting for firm of engineers in international arbitration proceedings commenced by owners of a cogeneration timber mill for a large loss arising out of damage caused by fires at its wood chip plant in Fiji.
  • Acting for structural engineers in a professional indemnity claim arising from the design and construction of a container facility at Port Botany, NSW.
  • Acting for directors in the Special Commission of Inquiry into the sale of NSW Electricity Assets.
Market recognition
  • ap-recommended-lawyer-2021.png

    Recommended Lawyer

    The Legal 500 Asia Pacific 2021