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Insurance Services - Corporate

Supplier: Austbrokers Sydney Pty Ltd

How Austbrokers Sydney can help with Corporate Contracts - Andrew Curl


"With up to 75 to 80 contract reviews required each year for any one client in the industries my team and I specialise in... including construction, agribusiness, food & beverage, automotive, engineering, education, finance, labour hire... our clients are more comforted by our ability to accurately handle the complexities with speed and professionalism, than with cost savings."

"Sometimes, we also pull off savings for them that are nothing short of spectacular in anyone's language.

"For one $1.7bn multi-national client, a leader in the Food Service Industry, upon our appointment we identified that the London underwriters and overseas head office broker were not abreast of how the Australian operation managed its risks. Indeed, the client themselves had some systems in place to manage their high hazard exposures but had neither adequately communicated them internally nor told their underwriters.

We recognised these deficiencies and worked with our client to help them to engage a Risk Management Consultant on a rolling basis. The end result is a client that now has a robust risk identification and inspection program and far greater risk management control.

"With this hard evidence of improvements to the risk strategy and greater communication lines by adopting a tri-party relationship between client, broker and underwriter, our client realised premium savings of more than $300,000 per annum. Needless to say the client was delighted with our expertise and their premium savings but more importantly our strategic ability to help them better manage their risks.

"It's enjoyable working at this high level. We develop and maintain excellent relationships with Chief Executive Officers, Chief Financial Officers and Risk Managers, and they reward us with their ongoing business, sometimes in preference to overseas appointed brokers or consultants."

"Needless to say the client was delighted with a $300,000 saving in premiums..."