Contractors Plant and Construction insurer MECON Insurance announced that it has entered into an underwriting agency agreement with AIG Australia.
AIG will become MECON’s carrier for all current and expanding range of products, effective 1st June 2016.
CEO of MECON, Glenn Ross commented “The move to AIG is thoroughly exciting and will allow MECON to expand its product range, reach and capacity. On a number of levels, the synergy with AIG is already inspiring and the partnership is a natural fit for MECON”.
Ross acknowledged the excellent relationship MECON had enjoyed with Great Lakes Australia over the past six years.
Noel Condon, CEO of AIG Australia commented “AIG has great respect for MECON. We are very excited about the possibilities and look forward to building a successful partnership with Glenn Ross and his team”.
They not your typical underwriting agency. The people managing the company make the underwriting decisions. They have designed their own policy wordings, rating guidelines and administration systems to suit their products.
They work closely with broking partners to provide unique tailor-made products to the Australia market.
Contractors Plant, Construction – Annual Projects, Construction – Single Projects.
Annual Projects policy combines both Material Damage and Public Liability.
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