Award winning property insurance – 2 years in a row!

Axis are excited and honoured to announce that we are the recipient of the Gold Medal in the Property Category of the Insurance Business Brokers on Underwriting Agencies 2017 Survey – for the second year running!

We would like to take this opportunity to extend a huge thank you to each and every one of our broker clients for your continued support. You have been instrumental in the success Axis has built throughout our 17 years in operation.

Axis Underwriting takes pride in providing stable, consistent and reliable underwriting solutions for Australian insurance brokers. These core principles are integral to our brand, and we look forward to upholding them well into the future.

For more information on our award winning Property Insurance products, please click here.

To view our full risk appetite, please click here.

Axis awarded gold medal in broker survey

Axis is excited and honoured to announce that we have been awarded a gold medal in the Property Category of the Insurance Business Brokers on Underwriting Agencies 2016 survey!gold-medal_v2

We would like to thank each and every one of our broker clients for your continued support. You have been instrumental in the success Axis has experienced as an underwriting agency for the 16 years we have been in operation.

Axis truly prides itself in providing stable, consistent and reliable underwriting solutions for Australian insurance brokers. Stability, consistency and reliability are integral to the Axis brand, and we look forward to upholding these principles well into the future.

For more information on our Property Insurance products please click here.

To view our full risk appetite please click here.

By |Axis, Feature, Industry News, Property|November 18, 2016

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

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

Bed and Breakfast feel the burn in lead up to bushfire season

The Bushfire Co-operative Research Centre has warned that large areas of south-eastern and south-western Australia face above normal fire risk this bushfire season.

By |Axis, Feature, Property|November 14, 2013

Rental affordability drives increase in boarding and rooming house accommodation

Rental affordability is an increasing issue in Australia’s major cities, which is driving a rapid increase in the number of boarding and/or rooming houses. Axis’ underwriters are seeing new purpose built rooming houses starting to appear in some major cities.

By |Feature, Property|November 8, 2013