EMERGING TRENDS IN CARE, COMMUNITY, NOT FOR PROFIT AND OTHER SECTORS

MEDIA RELEASE

Ansvar Insurance, Australia’s leading insurance provider for the Care, Community, Education, Faith and Heritage sectors, has announced the next series of national education forums in October and November. In addition, Ansvar has announced they will launch two refreshed products at the forums. The forums, titled Emerging Trends in – Care, Community, Not for Profit and Other Sectors are designed to educate and keep brokers and clients up to date with the constantly changing landscape in these highly regulated sectors.

Ansvar has compiled an impressive roster of key note speakers who will be able to add context and relevance to the emerging trends in these sectors. The forums will examine the impact on the insurance industry and detail what this means for clients.

Ansvar will launch the refreshed Industrial Special Risks and Personal Accident products at the forums, allowing brokers and clients to hear how the policies respond to the market directly from Ansvar’s underwriters.

The refreshed Personal Accident policy will now include an all-inclusive insurance policy for both volunteers and/or students, children and members of the insured organisation.  The new policy will also include a high number of automatic extensions, as well as an option to now include high risk activities such as rock climbing and horse riding. Ideal for schools or community groups that engage in adventurous activities and wish to offer their members cover in the event of an injury.

The Industrial Special Risks product now includes the 80% co-insurance clause as standard and allows for deletion of this clause if there is a property valuation not more than three years old. A Heritage protection endorsement extends the protection on any building of historic significance to be reinstated to a reasonably equivalent appearance, using the original design and suitable equivalent materials if damaged. Flood is now automatically included in this policy and it features a market leading schedule of insurance that will be produced with all quotations and renewals. This new policy and schedule has been fully endorsed by the LMI Group.

“From evolving laws and regulations to updated best practice in risk mitigation, the needs of clients who operate in these sectors are always undergoing change and the forums are an essential platform for brokers who service these clients to ensure they are offering the most robust and informed solutions,” says Warren Hutcheon, CEO Ansvar Insurance.

The broker forums are scheduled twice yearly and conducted nationally. See below for October-November forum details: