AMTIL has formed a new service partnership with Network Insurance Group offering tailored services to our members. Craig Linssen explains some of the benefits on offer.
Manufacturing has been the backbone of the Australian economy for decades and, despite recent pressures from overseas, it still plays a vital role in generating innovation, technological change, and high-skill jobs. Manufacturing suppliers and user businesses have unique exposures due to the nature of their activities, and your insurance program must cater for these risks accordingly.
Typical exposures include Fire and Business Interruption, Public and Products Liability, Machinery Breakdown, Professional Indemnity and Marine Transit. Furthermore, specialist insurances such as Product Recall and Trade Credit can be important elements of a comprehensive insurance program for a manufacturing business. Similarly, the risk of potential Statutory Liability exposures arising from your workplace can be transferred, and the threat of your Intellectual Property being compromised through Cyber-attack is ever-increasing.
Through our relationship with AMTIL and many existing AMTIL clients, Network Insurance Group provides AMTIL members specialised insurance and risk management services in General Insurance, Workers Compensation and Life Insurance. Network Insurance delivers its clients a personalised, tailored service that comes from its boutique broker background coupled with the negotiating strength from being part of the Steadfast Group, an ASX-listed company that placed $6.1bn in insurance sales in FY15 and with 1000+ offices in Australia and New Zealand. Being a Steadfast broker gives us access to an exclusive range of products and services that help us create better solutions for you.
We have a dedicated team of trusted insurance advisers with extensive experience supporting the manufacturing industry, coupled with wide-ranging facilities and programmes with preferred insurers. We will work with you and your insurers to source a range of insurance policies that will protect your assets and your business, providing you with the peace of mind that you have an insurance programme tailored to meet your specific needs.
A critical element of our service is claims management, where we look to ensure you receive your full entitlements in the event of a claim against your insurance policies. This is supported by our dedicated Claims Management team to ensure efficient resolution of claims, allowing you to remain focussed on your business. In addition, we have recently established a Workers Compensation department with experienced consultants who can support your organisation with your Claims and Injury Management requirements to reduce your exposures in this area.
Supporting our General Insurance and Workers Compensation offerings, we are able to provide specialist advice on your Life Insurance requirements. Not only is appropriate Life Insurance important in providing protection for you and your family on a personal level, it is often overlooked as a mechanism to ensure the continuity of a business in the event of a serious injury, illness or untimely death of one of the business owners or a key staff member. A well-constructed Life Insurance program can support contingency plans such as those for repayment of debt upon death or disability, financial assistance for dependants, and protection against subsequent loss of income to safeguard the individual and their family while allowing the business to continue.
Whether you are involved in importing, manufacturing, wholesaling, or a mixture of all three, Network Insurance Group can assist in the provision of your business insurance and risk management services.
Craig Linssen is a Team Leader and Account Manager at Network Insurance Group. For more information on AMTIL’s service partnerships, contact AMTIL’s Corporate Services Manager Greg Chalker at gchalker@amtil.com.au. Craig Linssen can be contacted on (03) 8420 8704 or craig@networksteadfast.com.au.