Professional Indemnity Insurance

Professional Indemnity Insurance Premiums In Line For Huge Increases

The Australian Institute of Building Surveyors (AIBS) says ministers have failed to address the immediate professional indemnity (PI) insurance crisis, focusing instead on long-term reform. Despite “encouraging signs” on building regulation improvements at last week’s Building Ministers’ Forum in Sydney, AIBS CEO Brett Mace says “nothing arising from the meeting will give comfort to building surveyors and other industry professionals faced with unworkable PI insurance policies right now”. The scale of combustible cladding and other defects on buildings across the country has

Why Do You Need Landlord Insurance

Why Do You Need Landlord Insurance? As a Landlord, you know the value of a good investment, and most Landlords have insurance cover, but do they have all bases covered? Insure 247’s Steve Sloan explains some basic cover options; Landlord Property Cover – Defined events Defined events are basic property cover policies for a range of perils like fire, storm, burglary, leaking pipes and motor burn out cover. Most Landlord Insurers offer this type of cover, however, some risk may not be covered, for

Zurich Australia CEO Resigns

Zurich Australia CEO Resigns Zurich Australia has confirmed the resignation of CEO Rajbir Nanra, Mr Nanra has 25 years of experience in the Asia-Pacific region insurance and finance sector. He was appointed Zurich’s Chief Executive Officer of General Insurance in January 2016. Chris Waterman, Zurich’s head of commercial insurance for Asia Pacific will assume the role   About Zurich Australia Zurich Australia is the Australian arm of Zurich Insurance Group (Zurich) – a leading multi-line insurer that serves its customers in global and local

Landlords Insurance Quote

Landlords Insurance Checklist

Landlords Insurance Checklist Whether you are a landlord of a residential property or a commercial property, Landlords Insurance should be one of the first considerations when purchasing a property. So, what is it and what should you look for in a policy? A landlord’s risk to their assets can generally be put into three main areas, property, income and liability. Cover is available for each risk and some can be combined under a single policy to save on premium.   What should landlords consider

Why House Insurance Premiums Can Be Deceiving

House Insurance Premiums Can Be Deceiving Not all house insurance policies are created equal, basing your decision on the lowest house insurance premiums is possibly the worse insurance decision you can make according to Steve Sloan a broker with Insure 247. “There are two types of home and content policies offered in Australia, generally they can be categorized as Accidental Damage and Defined Events. Defined event policy’s are a budget offering from insurers that offer cover for common events like, fire, theft

New CEO at QBE

New CEO at QBE Insurer QBE has announced the appointment of Vivek Bhatia as Chief Executive Officer, Australian and New Zealand Operations (ANZO), following an extensive global search. Vivek joins QBE from icare, the NSW Government administrator that manages the state’s insurance and care schemes. Vivek played a critical role in the formation of icare in 2014 and was appointed as the inaugural Chief Executive Officer and Managing Director. Prior to this he co-led the Asia Pacific Restructuring and Transformation practice at McKinsey &

Steadfast announces acquisition of Whitbread Insurance Group

  Steadfast Group (ASX: SDF) today announced that it has entered into an agreement to acquire Whitbread Insurance Group, a leading general insurance broker and strata-focused underwriting agency, for a price of $95 million. Whitbread Insurance Group WIB, established in 1978, is focused on the small-to-medium enterprise general insurance market with offices in Melbourne, Sydney and Brisbane. Axis, established in 1999, is a specialist underwriting agency focusing on niche areas of property and liability. The broking operation will join Steadfast Group’s

Insurer Calibre

Change of Owner for Insurer Calibre

Change of Owner for Insurer Calibre With effect from 31st August 2017, The Hollard Insurance Company Pty Ltd (‘Hollard’) has acquired Calibre Commercial Insurance Pty Ltd (‘Calibre Insurance’) from Munich Holdings of Australasia Pty Ltd. Insurer Calibre New Underwriter Hollard will also become the underwriter of the portfolio from 1 April 2018. Up until this date all new and renewal business will continue to be underwritten by Great Lakes Australia. As an APRA regulated insurer with a strong credit rating* Hollard supports a number

Best Price

Why Best Price is a bad way to start a conversation about Insurance

If you’ve ever been on a beach overseas? You would have noticed how the shops now come to you. Traders with glasses, clothing, massage and even tattoos. When they walk up to you introduce themselves, they always start with “Best Price”, which may be fine if you need new glasses and a tattoo but what about when you need insurance. Best Price does not mean the best value for your Business Business insurance has always been a grudge purchase for small

Zurich Insurance

Zurich named amongst most reputable brands in Australia

Zurich named amongst most reputable brands in Australia The Australian public has ranked Zurich as the 24th most reputable brand nationwide, ahead of many established household names including Woolworths, Australia Post and Harvey Norman. The Zurich brand – In Australia since 1961 The Zurich brand, in Australia since 1961, has for the last 55 years, stood for quality, integrity and doing the right thing by our customers, our people and our communities. Their commitment to these values was recognised when Zurich Australia

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