What’s New from UAC Members

Agile has underwritten a specialist life product called Hustle by Coverhero, which insures workers in Australia’s gig economy. To learn more, click here.

Ryno is providing budget accommodation liability cover for homeowners seeking to monetise their homes. Listing properties on platforms like Airbnb is becoming a norm and has many benefits. With the festive season approaching, brokers’ clients could earn an extra income while providing someone else with affordable, short-term accommodation. Read more here.

Arena Underwriting can provide public liability cover for market organisers and individual stallholders and exhibitors at events. Arena can provide short-term and annual policies. Premiums for stallholders and exhibitors start from $55 + charges and fees*. Click here to complete the proposal form. *Exclusions may apply for product liability on stallholders. Go to www.arenaunderwriting.com.au for [...]

Cyber insurance specialist underwriting agency Emergence has released an excess of loss (XOL) policy. Jeff Gonlin, Emergence’s Head of Underwriting & Product Development, said the launch followed market demand, driven by contractual obligations and clients seeking higher policy limits because of greater awareness of potential exposures. Emergence can provide up to $10 million capacity on [...]

The Solution Assistance app for all corporate travel policyholders  features include: • Emergency contact: 24 hour emergency assistance details – from the app, travellers can reserve charge call for assistance if they experience an emergency while on a journey • Access to useful travel websites, such as DFAT, Smart Traveller and consular contacts • A [...]

Solution has launched a cyber liability product designed for the SME market. It has been reported that 43% of all cyber crimes target SMEs and 60% of SMEs that experience significant cyber attacks or data breaches go out of business within six months. Solution’s policy benefits include: • An emergency incident response hotline via mobile [...]

Trident Underwriting has extended its offering to include general liability for a wide variety of industries and packages tailored specifically for drycleaners.

Emergence Insurance has expanded to Western Australia, opening an office headed by an award-winning business development manager. James Lee has joined cyber insurance specialist Emergence as Perth-based Business Development Underwriter after 4-1/2 years with Allianz Australia. In May, he was awarded General Insurer Business Development Manager of the Year at the Insurance Business magazine awards. [...]

Ensurance has launched latent defects insurance in Australia, supported by Lloyd’s as capacity provider. The cover protects policyholders against damage to property from structural defects, when discovered up to 10 years after a building’s construction. Click here to read more.

Cyber specialist Emergence Insurance has enhanced its policy wording to cover social engineering. Click here to read more.