WEEKLY WRAP: Latest forums announced by niche insurer

PLUS: Major industry award winner announced and Insurer announces community grants program

Insurance News

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Latest forums announced by niche insurer
Ansvar Insurance has announced the latest in a series of broker education forums designed to provide brokers with the latest legal and business information in a specialised sector.

The forums, entitled Running the Risk : Risk Management II for the Not-for-Profit Board, will guide brokers through the responsibilities of clients who have board member responsibilities in not-for-profit organisations and the latest risks these appointments entail.

Warren Hutcheon, CEO of Ansvar, will be joined by keynote speakers for each of the events to be held nationally from April to June.

Ken Horsley, partner in the insurance and corporate risk team at Minter Ellison will present in Sydney and Brisbane while Ingrid Nunnink, partner at Marsh & Mahler who specializes in insurance litigation will be at Melbourne and Adelaide.

Tony Barrie, a specialist in commercial litagtion and dispute resolution will present in Perth.

Hutcheon stressed that this area of risk is ever changing and brokers with clients exposed to said risk will greatly benefit from the advice on offer.

“As the insurance specialist in this sector, we recognise the ongoing need to provide our broker partners with access to the depth of new information and legal expertise that these speakers offer. 

“It is so important to the well-being of the many NFP organisations in Australia, that Directors remain informed of their legal obligations and trust related governance,” Hutcheon continued.

The forums are scheduled twice yearly and will be held throughout the country on the following dates:

Perth – 29 April
Melbourne – 19 May
Brisbane – 21 May
Sydney – 26 May
Adelaide – 5 June

For more information on the broker forums, click here.
 
Major industry award winner announced
The winner of the prestigious Valerie Baker Memorial Award has been announced at the 17th Steadfast Convention in Adelaide.

The award, presented by Gold Seal and Steadfast, recognises excellence in professional practice in the general insurance intermediary section and was won by Julie Pernecker of All Parks Insurance.

As a prize, Pernecker will fly to London in July to visit senior managers at Lloyd’s and experience the hustle and bustle of the London market.

The judges were impressed with Pernecker’s success in developing All Parks, which specialises in the niche caravan and holiday parks sector, as a statement said she had “developed a stronger awareness of insurance and promoted good will within her client community.”
 
Sheila Baker, Managing Director of Gold Seal and chair of the judging panel spoke of the excellence of the applicants for the award.
 
“I’m excited for Julie and know she will relish the extensive access into the heart of the London Market and Lloyd’s in particular,” Baker said.

“Her role does not typically afford her the opportunity to travel extensively and so this trip will provide a host of experiences for her to bring back to the business.”

Baker stressed that the quality of candidate for this year’s award was high and singled out fellow finalists Emily Winwood of Dual Asia Pacific and Fintan Magee of Network Insurance Group for praise.

“Practically every award says the calibre of entrants is high but the finalists we worked with have exceptional track records in the industry. I can’t wait to see the talent the next year brings forward.”

Insurer announces community grants program
Real insurance has announced the launch of a $1 million grants program that will help children in need across Australia.

The Real Needs initiative is encouraging not-for-profit organisations that work alongside children to apply for funding from the insurer which will help to take on some of the biggest issues facing young people in Australia.

Grants offered range from $5,000, $10,000 and $20, 000 and will be awarded to not-for-profits that demonstrate innovative approaches for how the funding will be spent on youth programs.

Staff at Real insurance will also vote for their preferred charity to receive a monthly $5, 000 ‘staff choice grant,’ it was announced.

CEO of Greenstone, which distributes Real Insurance, Mark Reid said that the program will allow charities to expand their reach and help the children that really need it.

“I’m excited to launch the Real Needs grants program and I look forward to seeing how this initiative can make a real difference to children across Australia. I encourage all eligible organisations to apply so we can work together to support those who need it most."

Reid noted that insurance and its benefits to the community have always shared an intrinsic link and the Real needs program is an extension of this community care.

“Insurance has always been intrinsically linked to our community. Part of this link is making sure that we are meeting the needs of everyday Australians, whatever life throws their way.

“Through this contribution, we hope to make a positive difference to children in need across the country.”

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