Axis

Strata Insurance NSW

In recent times we have received a number of enquiries regarding Lloyd’s Underwriters’ authority to write strata business in NSW. We address these queries below.

The NSW Strata Schemes Management Act 1996 states that insurance must be taken out with an approved insurer. The NSW Fair Trading website stipulates that approved insurers are those authorised by APRA for general insurance.

Lloyd’s Underwriters are authorised to write insurance business in Australia pursuant to Section 93 of the Insurance Act 1973, and are regulated by APRA. Sections 65 to 73 of the Act provide for special Australian policyholder protection provisions associated with Lloyd’s. A$2.3B security is held in Australian Trust Funds (figure as at 31 December 2014).

Should you wish to find out more about the Lloyd’s market, we have included some links below.

Related Links

    APRA website

For more information on Lloyd’s Underwriters authorised status visit; http://www.apra.gov.au/GI/Pages/Lloyds-in-Australia.aspx

    Lloyds Security

To view further information on the financial security of the Lloyd’s Market visit; http://www.lloyds.com/lloyds/investor-relations/lloyds-capital-structure

    Lloyd’s in Australia

Click this link to read more;
http://www.lloyds.com/lloyds/offices/australasia/australia

New Claims Team Appointment

We are pleased to advise the appointment of Penny Paton to our claims team.

Penny brings many years of claims handling experience to the team including both Residential and Commercial claims experience.

The addition of Penny to the team will assist us in maintaining our prompt claims response times, and high standard of claims service to our brokers.

New claims and claims correspondence can be emailed to: claims@axisunderwriting.com.au

You can also call Joanne Elvey or Penny Paton on 03 8660 7000.

By |Axis|June 12, 2015

Volunteering for Anglicare Victoria

Anglicare Victoria do an amazing job with their breakfast program for the homeless, a program we are so happy to be a part of. It’s wonderful to see our new starter Alix, volunteering this week to help Anglicare cook up a hot BBQ breakfast. For more information about Anglicare and to contribute in your own way, visit their website: www.anglicarevic.org.au

 

By |Axis|June 5, 2015

New Liability Team Appointment – Alix Matthews

We are pleased to announce that our Liability team is growing. Alix Matthews has joined Axis to assist Gerry Craig in the development of our Liability portfolio. Alix has a wealth of experience placing difficult Liability risks into Lloyd’s in her previous role at SRS.

We continue to consider a broad range of Liability risks including; Manufacturing, Importing, Wholesaling, Retailing, Contracting and Property Owners among others, and are always happy to discuss your client’s needs.

The Risk Appetite Matrix has been updated on our website to provide a clear outline of risks we can consider.

Contact your Axis Underwriter or our Liability team:

Gerry Craig
T 03 8660 7004
E g.craig@axisunderwriting.com.au

Alix Matthews
T 03 8660 7015
E a.matthews@axisunderwriting.com.au

By |Axis, Media Release|May 20, 2015

Cyclone Marcia

Cyclone Marcia is crossing the Capricorn Coast and threatens Rockhampton and Yeppoon and areas south.

We hope our clients in the affected areas stay safe.

For claims assistance, please call Axis Claims on 03 8660 7000 during office hours.

For urgent claims damage assessments after hours, please call Cunningham Lindsey Adjusters 1800 811 285.

By |Axis, Claims|February 20, 2015

Axis appoints a Product Development Manager

Axis Underwriting Services is very pleased to announce the appointment of Ivan Verescuk to the team.

Ivan has 25 years of insurance industry experience, having held senior operations and product management roles throughout his career.  He is passionate about the insurance industry and thrives on achieving outcomes which deliver efficiency, innovation and value for all stakeholders.

Gary Dawson, Managing Director said, “Axis is committed to continually developing new product lines to meet the needs of our broker network. Ivan’s experience with product development and innovation ensures that this remains a strength of the Axis brand.”

By |Axis, Media Release|October 29, 2014

Axis Underwriting opens new Sydney offices!

Off the back of one of the busiest years Axis Underwriting has experienced, we are set to expand and will be opening a new office in Sydney from Monday 7th April.

Augmenting our existing bases in Melbourne and Brisbane, Axis’ Sydney office will be run by Development Underwriter, Emily Walker, who will already be well known to most of you.

By |Axis, Feature, Industry News|April 3, 2014

One more sleep until we see you at Steadfast Conference!

The team at Axis Underwriting are busily preparing for the 16th Annual Steadfast Conference to be held at the Melbourne Convention & Exhibition Centre from 1-4 March.

By |Axis, Feature, Industry News|February 28, 2014

Capacity for commercial property insurance limited in wake of Vic bushfire crisis

Severe bushfires are still burning close to Melbourne in conditions the CFA describe as the worst since Black Saturday five years ago. At least 18 fires are still burning in Victoria and at least 34 homes have been destroyed across the state.

By |Axis, Property|February 12, 2014

Good news for property owners looking to insure tattoo parlours

Following the widely publicised spate of bikie related arson attacks and other malicious damage events on tattoo parlours, insurance for tattoo parlours and property owners with tattoo tenants has become very difficult to obtain with few insurers prepared to insure them.

By |Axis, Feature, Property|January 30, 2014