Firm wins Underwriting Agency of the Year award for the third consecutive year

The award is given to agencies that have demonstrated excellent technical skills, strong underwriting results, and impeccable customer service

Firm wins Underwriting Agency of the Year award for the third consecutive year

Insurance News

By Abigail Adriatico

CHU Underwriting Agencies won the Underwriting Agency of the Year award during the 19th Australian Insurance Industry Awards.

“This win is validation of our strategic direction and efforts to lead the industry. We are truly humbled to receive this prestigious award once again,” said Kimberly Jonsson, CEO of CHU.

The Underwriting Agency of the Year award recognized the underwriting agency that had demonstrated excellent technical skills, strong underwriting results, and outstanding customer service.

Other agencies that also vied for the award were National Transport Insurance Limited (NTI), ProRisk, and the Underwriting Agencies of Australia.

“We are all extremely proud of what we achieved in 2022. It was a great year of growth, development, innovation and importantly, giving back to our people and our community,” said Jonsson.

CHU’s approach to people development, industry contribution, and focus on community work and environmental strategy were touched on by the judges along with the improvement to their services that included a catastrophe response team and technology enhancements. The agency’s education and training programs for brokers and strata managers were also commended as they also had a CHUniversity L&D initiative for their internal staff and the FUCHURE CHU initiative.

CHU’s continued environmental efforts were also praised as the company had built a 60% electric or hybrid fleet and had funded projects that involved the planting of trees.

“We intend to continue as thought leaders within our industry, through sustainable business practices, innovation and collaborative partnerships,” said Jonsson.

Spearheaded by the Australian and New Zealand Institute of Insurance and Finance Inc. (ANZIIF), the Australian Insurance Industry Awards was geared towards bringing the different sectors of insurance together in order to celebrate and acknowledge the accomplishments of businesses and individuals.

Other award categories of the event included:

  • Small Broking Company of the Year
  • Medium Broking Company of the Year
  • Large Broking Company of the Year
  • Authorised Representative Network of the Year
  • Small-Medium General Insurance Company of the Year
  • Large General Insurance Company of the Year
  • Claims Team of the Year
  • Life Insurance Company of the Year
  • Insurtech Start-up of the Year
  • Professional Services Firm of the Year
  • Service Provider to the Insurance Industry
  • Excellence in Workplace Diversity and Inclusion
  • Excellence in Environmental, Social and Governance Change
  • Young Insurance Professional of the Year
  • Insurance Leader of the Year
  • ANZIIF Lifetime Achievement Award

The event was held in Sydney, Australia on Aug. 24.

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