October Member EDM

UAC Launceston Market Exchange

The market exchange had 66 exhibitors and 130 brokers engage in productive exchanges and knowledge sharing. Attendees travelled from Hobart, North Tasmania and Launceston. They enjoyed being able to engage F2F, put names and faces together, and many brokers said they didn’t realise there are so many new markets, and new agencies offering additional capacity.

Thank you to everyone who travelled and attended to make this event such a success.

Survey Winners – Launceston Market Exchange

Thank you to everyone who completed the survey post the market exchange. Three winners were randomly selected, and each received a $50 gift voucher.

Congratulations to:

• Ashlee Robinson – Nutrien
• Taiah Bentley – Steadfast Taswide Insurance
• Rory Mansell – Capital Innovation

UAC Market Exchanges – Food donations

UAC is pleased to advise that post the Launceston Market Exchange, excess food including sandwiches, wraps and morning tea items were donated to Oz Harvest with assistance from the Country Club Tasmania.

New Members

Welcome to New Voting Member

Marinex Underwriting is a specialist marine underwriting agency. Customer focused, with flexible coverage options and competitive premiums, our specialists underwriters have more than 50 years combined marine sector experience. Marinex’s fully tailorable product suite includes Cargo, Carriers, Commercial Hull and Marine Liability.

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What’s new from UAC members

AIB Insurance, a leading provider of childcare insurance solutions, is proud to announce the launch of a new Industrial Special Risks (ISR) insurance product specifically designed for licensed childcare centres including kindergartens, preschools and property owners of.

Ocean Underwriting announces Strategic Partnership with Tokio Marine Management Australasia to Deliver Cyber Insurance Solutions to Australian small and medium-sized enterprises (SMEs).

Sportscover – leading sports and leisure insurance underwriter, Sportscover Australia, in conjunction with global insurance specialist, Beazley are working to address the growing threat of cyber-attacks in Australia by introducing a new Cyber Breach Response (CBR) insurance product.

Xceedance, a global leader in consulting, technology, operations support and data solutions for the insurance sector, has acquired Millennium Information Services, Inc., one of the largest property inspection and data analytics companies in the US.

Ingrity – Is Your Business Leaving Critical Data Behind in Third-Party Hosted Software? A Growing Dependency with Hidden Dangers. In today’s dynamic business environment, small to medium enterprises (SMEs) are increasingly dependent on third-party hosted applications to streamline their operations.

WLM – Employee Shares vs. Employees Purchasing Equity in an Insurance Underwriting Business. One of the key issues facing the Australian Insurance Underwriting Industry is attracting and retaining talented staff. While some businesses offer generous additional superannuation, health insurance, and life insurance benefits, it is becoming increasingly popular to offer key employees equity to motivate them to drive growth and remain with the company long-term to maximize the value of the equity they receive.

Click to read more on the above articles

Share your news

Have news to share with your fellow UAC members? Email details and links to admin@uac.org.au to be included in UAC newsletters and/or added to ‘What’s New from Members’ on the website.