insurance brokers

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5 Reason You Should Have Business Interruption Insurance

What would your business do in the event of a loss Most businesses insure against third party loss with public liability insurance, and most cover their asset with business insurance In 2015 insurer CGU conducted analysis of policies placed with them by Steadfast Insurance Brokers across the property and business interruption classes, they found that 60% of the insured chose not to insure against interruption. Your competitors will be happy to deal with your clients while the business is down Where would your customers

Steadfast to launch new home and motor insurance for the Australian market

Steadfast Group Limited (Steadfast) (ASX:SDF) today announced that it is launching a new line of retail insurance products for its brokers – Steadfast Direct. Steadfast Direct will provide Steadfast Network Brokers with competitively priced insurance products to sell to their clients that would normally be sold directly by the underwriter. It  therefore enables them to strengthen their relationship with their clients, grow their business and allows them to offer direct style products

Zurich General Insurer of the year 2014

1148 members of NIBA (National Insurance Brokers Association) have voted Zurich General Insurer of the year 2014, this follows a similar result in 2013. The award had been previously won by QBE for 11 years in a row. QBE and CGU were the other finalists. This award follows on from other awards the insurer received in 2013 including Insurance Business ‘Brokers on Insurers Survey’ – Zurich named Insurer of the Year, Money Magazine’s annual Best of the

Zurich Named Insurer of the Year

National Insurance Brokers Association’s (NIBA) member have chosen Zurich as their 2013 Insurer of the Year, the award was announced at the NIBA convention taking place in Melbourne. The winner for the previous 11 years was QBE. The winner is voted in by the Brokers. Zurich offer a range of insurance products in Australia including house insurance, income protection, strata, life insurance,

Who referees Insurance Brokers

The Australian Securities and Investments Commission ASIC are an independent Commonwealth Government agency who’s role include the licensing of  life or general insurance brokers. ASIC receives reports about delivery of life or general insurance products, an ASIC licensed Australian financial services (AFS) licence authorises licensees to provide financial product advice to clients. ASIC investigations has lead to at least six insurance professionals being banned or jailed in recent months. In the event of dispute 

Scott McCarthy Appointed General Manager of Ausure Insurance Brokers

Scott McCarthy has been appointed General Manager of Ausure Insurance Brokers. This follows the merger of AFM Insurance Brokers into Ausure Insurance Brokers which takes effect from 26 November 2012. Scott McCarthy has been the Chief Executive Officer of AFM Insurance Brokers since its inception 16 years ago. During this time he grew AFM to be one of the largest specialist wholesale insurance brokers in Australia and a service provider to over 60 businesses with a turnover

Zurich Highlight benefits offered by insurance brokers

General Insurer Zurich have commssioned a study by Cameron Research group that found 87% of small to medium enterprises (SME) were very satisfied with their insurance broker. “Most businesses get professional advice or support for key aspects of running their business, for example legal and taxation. Zurich believes that given the critical nature of insurance it should also warrant professional advice,” said Mr Daniel Fogarty Zurich Chief Executive Officer, General Insurance Zurich’s top 3 reasons why SMEs should use an insurance

New version of LMI RiskCoach released

LMI has announced that over 6000 users subscribe to LMI RiskCoach which was launched in 2009. While the site has had several small reviews with new industries being added daily, a new Version 2.0 has now been released. Some of the changes made in this version are: Complete user interface re-design – a fresh, crisper look. The markets page and data has been overhauled to provide easier to use information. New feature – the vault! Allows for your files to be linked to an

New version of LMI RiskCoach released

  LMI has announced that over 6000 users subscribe to LMI RiskCoach which was launched in 2009. While the site has had several small reviews with new industries being added daily, a new Version 2.0 has now been released. Some of the changes made in this version are: Complete user interface re-design – a fresh, crisper look. The markets page and data has been overhauled to provide

Celebrating 40 years in insurance with a new book

LMI Group’s Managing Director Dr Allan Manning is celebrating 40 years in insurance with the release of a new book, It May Happen to Me! The essential guide to general insurance. This book marks a shift from his previous nine works in that it’s designed for the insuring public as well as the insurance professional. It explains the need for insurance, the importance of an insurance broker and that the cost of risk is not just

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