Contact

 

To contact us, we are available 24/7 to service your insurance and risk needs.

Cooper Professional Risks Pty Ltd t/as CPR Insurance Services

Postal Address
PO Box 180,
Grange QLD 4051

   

Office Address

    Suite 5, 3 Days Road
    Windsor QLD 4030

at Grange Five Ways

Telephone

While we are based in Brisbane, we have made it easier and cheaper for our client s to use the following local numbers if they operate from the following areas:

Brisbane 07 3123 1137

Gold Coast 07 5518 8603     

Sunshine Coast 07 5313 7754

Townsville 07 4767 7156

Adelaide 08 7200 3584      
 

Fax (all locations) 07 3102 9294

Mobile 0439 530 910 (Robert) 

Mobile 0403 692 223 (Mandy)

 

Email enquiries@cprinsurance.com.au

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Latest News

Summer catastrophe bill over $500 million

Insured losses for the four catastrophes declared over summer have gone above $550 million, according to the Insurance Council of Australia. 

There was a bit of a “sharp rise in value” of losses with the Great Ocean road bushfires that hit Victoria over Christmas. Insured losses from the Victorian bushfires now stand at $110 million from 527 claims, compared with $88 million one month ago. Rob Whelan, CEO of the ICA, said that the clean-up operation in the state is well underway with at least 15 sites cleaned up so far by contractors. Insurers can only commence rebuilding once each site has been cleared of debris, including asbestos.  Also the extremely steep terrain is presenting significant challenges, but insurers are determined to rebuild homes in the shortest time possible once the design and planning approval process is completed.  

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Hot summer leads to more claims

Insurance claims have so far exceeded $515 million this summer. Unfortunately they are likely to increase further as the country continues to deal with bushfires and severe storms. The Insurance Council of Australia (ICA) said the figure is made up from four catastrophes. These include three major bushfires in Pinery in South Australia, Victoria's Great Ocean Road and in Yarloop in Western Australia. Then there was also the Sydney storms and tornado in December.  Insurers were expecting this to be a highly dangerous summer. The predictions were for a heightened bushfire risk in exactly the areas that have suffered bushfires. It is still only the middle of  summer. The world has also experienced the hottest year on record since 1880. With more evaporation of land and oceans, combined with more mositure in the atmosphere creating more storm activity and then a greater volume being dumped somewhere else on the planet, it is unlikely these events will reduce into the future.

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