Yearly Archives: 2022

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Agencies offer tailored home-based business insurance

2022-08-03T11:00:48+10:00Wednesday 3 August 2022|Latest News|

The debate about whether domestic insurance policies should cover home-based businesses lacks an understanding of how the insurance market operates, says William Legge, General Manager of the Underwriting Agencies Council. “Traditional domestic home insurance policies were not designed to cover businesses operating from home because the risk assessment is different,” Mr Legge said. “Some insurers [...]

ProRisk launches new Professional Indemnity Insurance Product on ProBind

2022-05-17T10:23:18+10:00Tuesday 17 May 2022|What's New from UAC Members|

Professional Risk Underwriting Pty Ltd (ProRisk) are pleased to announce the launch of a new Professional Indemnity Insurance Policy on ProBind, www.probind.com.au our flexible and fast broker portal. ProRisk’s Professional Indemnity Insurance Policy is for organisations domiciled in Australia with a maximum of 500 employees and up to $25m in turnover. It is suitable for [...]

Do you know your employer obligations when it comes to Parental Leave?

2022-05-09T11:12:28+10:00Friday 6 May 2022|Latest News|

Do you know your employer obligations when it comes to Parental Leave? With Mother’s Day happening this week, it is a joyous occasion for many mothers in the workplace to celebrate. For employers, understanding leave obligations can be a challenge, especially regarding your employees’ entitlements. For information on this, download our Factsheet on: Entitlements to [...]

Updated data shows 2022 flood was Australia’s costliest

2022-05-04T11:48:20+10:00Wednesday 4 May 2022|Latest News|

The Insurance Council of Australia (ICA) today provided updated data on the storms and floods that impacted South-East Queensland and coastal New South Wales in February and March, showing that the event is estimated to be Australia’s costliest flood ever. Using actual claims costs from 197,000 claims across both states, the event is estimated to [...]

ProRisk launches new Covid BounceBack Insurance Product

2022-04-29T09:45:20+10:00Friday 29 April 2022|What's New from UAC Members|

Professional Risk Underwriting Pty Ltd (ProRisk) are pleased to announce the launch of a new product, Covid BounceBack Insurance, which offers a one-off cash benefit in the event a fully vaccinated policyholder is hospitalised due to contracting COVID-19. ProRisk’s Covid BounceBack Insurance has been designed for Australian domiciled individuals who are fully vaccinated and would [...]

Market Lane Insurance Group Pty Ltd – A new home for The Barn Underwriting Agency

2022-04-13T10:35:22+10:00Wednesday 13 April 2022|What's New from UAC Members|

As part of our evolution and strategic long-term planning, The Barn Underwriting Agency Pty Ltd has changed its company name to Market Lane Insurance Group Pty Ltd (Market Lane). As a result, ‘The Barn Underwriting Agency’ will become a registered trading name / division of Market Lane. Managing Director, David Porteous, said “Except for a [...]

Solution Event Liability Insurance

2022-03-16T14:09:55+11:00Wednesday 16 March 2022|What's New from UAC Members|

Our Event Liability insurance is designed to provide cover for Event Organisers against any losses arising from their exposure to personal injury, financial loss and/or property damage claims. Our Event Liability insurance is secured by underwriters at Lloyds. We have broad risk appetite and can insure a range of events such as: festivals / events/concerts [...]

The Fold’s updated AFS Licensee Manual

2022-03-10T14:02:01+11:00Thursday 10 March 2022|What's New from UAC Members|

With many recent legal and regulatory changes, we understand the difficulty underwriting agencies face in staying up to date. That’s why many rely on our Underwriter Manual + Companion – it’s a one stop guide that describes the full range of your compliance and regulatory obligations, including all of the key changes that were made [...]

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