MODERN ASSET
PROTECTION
UNDERWRITING AGENCIES OF AUSTRALIA’S INDUSTRIAL SPECIAL PLANT POLICY IS SUPPORTING INSURANCE BROKERS AND ITS CLIENTS TO PROTECT VALUABLE ASSETS. FOR A BUSINESS SUCH AS TANDY GROUP, ASSET PROTECTION IS AN ESSENTIAL ASPECT OF MAINTAINING AN OPERATION. AS ROADS AND INFRASTRUCTURE MAGAZINE LEARNS.
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aving had more than 30 years’ experience in providing insurance solutions for mobile plants, Underwriting Agencies of Australia (UAA) has developed a rapport for understanding the needs of its clients. This expertise extends to its claims management services, which UAA provides through a vast network of suppliers in Australia, as well as overseas. UAA Group Chief Underwriting Officer and Regional Manager – North Jane King says an important aspect of policy implementation is the relationship with the insurance broker. “UAA provides a fully hand-crafted
UAA’s Industrial Special Plant policy has been developed with mobile plants in mind.
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policy to suit the business requirements of the insured group,” she says. “The covers incorporated on the policy have been specifically discussed with the broker to ensure a maximum level of cover is provided.” By maintaining this relationship with the broker, UAA can provide cover which has been developed in conjunction with industry input. “UAA operates under a high touch model and regularly meets with brokers to discuss any queries that arise. Our underwriting team is fully equipped with specialist knowledge to provide on-going support, and we have a
Jane King, Chief Underwriting Officer of UAA Group.
dedicated claims team who are specialists in their field,” King says. THE RIGHT BROKER One such broker is Regional Insurance Brokers, which services clients in the Queensland region. Since its inception in 1981, Regional Insurance Brokers has serviced the business and personal insurance needs of more than 20,000 customers and managed more than 48,000 claims. Mitch Binney, Director for Northern Queensland says Regional Insurance Brokers provides local knowledge to its clients through its 11 office locations, which includes Brisbane, Cairns and the Gold Coast. “We primarily provide services to the commercial sector, but we also do a lot of plant equipment, businesses serving the mines and heavy haulage transport,” he says. One of Regional Insurance Brokers’ longstanding clients is the Tandy Group – a Queensland-based business overseeing the operation of a diverse range of services from production of raw materials to environmental solutions, concrete manufacturing, transport, supplying potable drinking water and liquid nitrogen as well
