An important alert from Gerry Power at Emergence. As part of our commitment to the insurance industry, I want to alert you to a wave of ransomware that is impacting Australia at present. The Australian Cyber Security Centre (ACSC) is aware of an ongoing ransomware campaign utilising the Avaddon Ransomware malware. This campaign is actively [...]
Lion Underwriting have announced two new appointments & two internal promotions, primarily driven by the growth within the business. Adam Thackeray, who is well known in the agency sector, joins Lion in a newly created role as a Senior Property Underwriter. Adam will work alongside Matt King, who has been with Lion for 3 years. [...]
ShieldCover knows that Hospitality clients are ready more than ever to dust off the pan and cook up a storm. ShieldCover understands the dynamic environment of Hospitality and now offer outside the box tailored Liability Cover to protect their Hospitality clients seamlessly. Our key target risk appetite includes the below: Accommodation - Airbnb's, Backpackers, Bed [...]
The latest wave of the COVID-19 SME Research Tracker shows that cautious optimism continues to underpin SME sentiment, despite 54% reporting lower revenues due to COVID-19 and 29% reporting an operating loss in February. Some of the highlights are: 54% reporting revenue losses due to the pandemic compared to 57% in the last wave 16% [...]
After five years at Solution, it’s likely you’ve had the pleasure of dealing with our National Liability Manager Glenn Eason. You will know of his solid reputation in the General Liability space, his years of experience and technical abilities, but what you might not know is his son, Mitchell Eason, is gearing up to [...]
BRISBANE: HBA Legal, part of Crawford & Company®, the world’s largest publicly listed independent provider of claims management and outsourcing solutions, has announced the launch of its occupational health and safety (OH&S) service with the appointment of Jamie McPherson as a partner. The OH&S service will offer a comprehensive range of legal services spanning all [...]
General and Products Liability now available to professionals in the Motor Trades industry. ShieldCover has expanded their Blue Collar speciality to better serve our broker partners! The trusted underwriting agency now offers an alternative liability market for the Motor Trades industry. “We noticed a distinct lack of competition in the market for Motor Trades, and [...]
ProRisk, underwriting agency of the year for 2020, have turned the dial right up on their broker education in 2021. Between now and August, ProRisk have released a schedule of webinars based on broker feedback. Each webinar has been specifically designed to build capability and confidence as well as product knowledge. Brokers will gain CPD [...]
Professional Indemnity Accountants Allied & Medical Modalities across the board including Beauticians Bookkeepers Engineers, including some Structural Engineers Excess Layer Professional Indemnity Graphic Designers Management Consultants Marketing Consultants Multimedia & Social Media Professional Indemnity Schemes business Project & Development Managers Real Estate Agents Registered NDIS providers including Service Providers,Support Coordinators and Plan Managers Underground Services [...]
Binder profitability reviews can be used to justify the Underwriting Agents allowable margins charged to the capacity provider and to determine the projected level of profitability of the binder. In todays market most capacity providers will have a team of actuaries to review and closely monitor the performance of delegated authority business. A detailed actuarial [...]