Strategic Plan Pillar Four: Viable
We aim to strengthen UAC to support members in the long term. UAC is fortunate in that it's in a solid position. Still, we must look to the future and ensure we have the financial capability to take us further. To enhance our association, we aim to deliver a dependable, [...]
September Member News
Introducing your sub-committee members As I mentioned last month, the sub-committees have begun to meet and are working on some ideas and plans. There have been a lot of ideas and suggestions generated already. We have now included all our sub-committee members on the UAC website. You can view the [...]
August Member News
Sub-committee updates All the sub-committees have met at least once and are starting to work on some ideas and plans. There have been a lot of ideas and suggestions already, but everyone has recognised the importance of getting member feedback. Over the next few weeks, you may be contacted by [...]
Strategic Plan Pillar Three: Future Fit
At UAC, we aim to provide essential resources, information, and support specific to our members’ needs to ensure they are ‘future fit’. To be future fit, our members must have the right resources internally and the ability to draw on external research and resources from UAC as backup when needed. [...]
UAC Sponsorship Opportunities
We are excited to announce new sponsorship opportunities for partnering with UAC. Build strong networks with our members, take advantage of exclusive branding and communication tools, and access our thriving community of members. Part of UACs commitment to delivering an ambitious new strategic plan is our improved sponsorship offerings that [...]
Strategic Plan Pillar Two: Influential
Underwriting agencies today are increasingly influential in the market, and brokers are responding to that. UAC’s aim is to build advocacy that allows our members to have their insights and their expressions influence the regulatory environment and shape how we talk about the emerging issues and opportunities in our space. [...]
Sub-committees Updates
Our sub-committees will be meeting for the first time this month and are tasked with a range of aims and objectives to support the UAC Strategic Plan. These committees are an important source of inspiration and actions that will help support our development and generate greater member benefit. Each sub-committee [...]
Strategic Plan Pillar One: Connected
I would like to thank everyone who joined us at the recent UAC Member Webinar. The entire Board was delighted with the attendance and hopes that as a result of the webinar, you now have a greater understanding of what we are trying to achieve for our members. One of [...]
Sub-committees Updates 2023
Our newly-formed sub-committees have been finalised, and will commence in mid-July. Sub-committee members will be notified of the specific meeting times and methods in the next few weeks. We are in the process of putting together an overview of the aims of each sub-committee that match the Strategic Plan, as [...]
2023 Insurance Business Global 100 Winners
The Insurance Business Global 100 winners for 2023 have been announced and we would like to congratulate the following UAC Members on their selection. Voting Members Agile Underwriting - Ben Webster CHU Underwriting Agencies - Kimberley Jonsson NTI - Tony Clark Solution Underwriting Agency - Rhys Mills Business Service Members ANZIIF - Prue Willsford [...]
New CEO Announced
UAC is excited to announce the appointment of Jenny Bax, in the role of Chief Executive Officer. Jenny joins Underwriting Agencies Council (UAC) with a wealth of knowledge in the insurance sector, with more than 25 years of insurance industry experience and a proven track record in successfully leading distribution, [...]
New directors join UAC board
The Underwriting Agencies Council has four new directors. The new directors, who will each serve for two years, were declared elected at today’s annual general meeting (AGM) in Sydney. They are: Colin Fagen, founder and managing director of Blue Zebra Insurance Simon Lightbody, CEO of Steadfast Underwriting Agencies and Miramar [...]
CAT 221 Weekly Update
SE 224 Daily Tally 24 November There has been a 5.7% increase in SE 224 claims overnight to 3,037 total. SE 224 Daily Tally 21 November The claim count for SE 224 rose by 26.5% over the weekend to 2,175. ICA CAT 221 Dashboard (GR) as of [...]
Agencies offer tailored home-based business insurance
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,” [...]
Do you know your employer obligations when it comes to Parental Leave?
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 [...]
Updated data shows 2022 flood was Australia’s costliest
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, [...]
We have moved
UAC has moved office, Level 40, 161 Castlereagh Street (ANZ Tower) Sydney. PO Box remains unchanged.
UAC Board 2021 – 2023
Following the AGM today, the newly elected board and positions are: Chair - Kurt Nilsen Deputy Chair - Emily Walker Treasurer - Trent Brown Company Secretary and Public Officer - Heath Amber Director - Jeanene Hill Director - Anthony Porter Director - Mike Edmonds Director - Simon Lightbody
Victorian Earthquake… appears to have caused manageable insurance damage despite some graphic pictures
This article from JP Morgan Securities Australia shared with permission. Victoria was struck by an earthquake that caused damage in Melbourne. Our interpretation of media reports and early estimates of losses suggest that economic losses are likely to be ~US$100m – with insured losses for the whole market likely to [...]
Congratulations to UAC Young Guns
UAC members’ future leaders feature heavily in Insurance Business magazine’s 2021 Young Guns list. General insurance’s rising superstars - all age 35 and younger - were nominated by their colleagues, managers and mentors for demonstrating excellence. Insurance Business reviewed all nominations and narrowed the list down to 41 most outstanding [...]