A Brisbane-based insurance giant has partnered with an ASX-listed integrated building services group.
Suncorp Group has inked an exclusive master services agreement with John Lyng Group (JLG), to allow the building services company to facilitate all domestic property repairs for insurance claims estimated at greater than $100,000.
The partnership follows a successful trial held earlier this year and covers both business-as-usual claims and claims made during peak events such as storms and floods.
The nationwide deal is for a minimum two-year term, with a provision for a further third.
“Suncorp is one of Australia’s most well-known and trusted brands, and to be chosen to partner with them exclusively in the domestic large-loss segment is a great reflection of our track record and our people,” said JLG CEO Scott Didier. “We’ve made a pleasing start to our Suncorp journey, with strong jobs volumes to this point, and both parties establishing a sound working relationship. We’ve committed to build a scalable, national business and that has put us in a good position to effectively deliver the services required under this agreement.”