News

Early bushfires highlight importance of insurance

News >>

 Early bushfires highlight importance of insurance

Yesterday’s bushfires around Western Sydney and South East Queensland are a sobering reminder to consumers and property owners to make sure they have adequate insurance arrangements in place ahead of the coming summer season, according to the National Insurance Brokers Association (NIBA).

Following a hot 2012 summer and a dry 2013 winter, the fires in Sydney commenced on the back of the warmest overnight and day temperatures recorded so early in spring in more than 100 years. In some places temperatures reached in excess of 31 degrees.

Two homes were destroyed in the fires and meteorologists are warning that Sydney could continue to see warmer than normal conditions for most of September and October, increasing the risk of bushfires.

NIBA’s Chief Executive Officer, Dallas Booth, said that the fires highlight the need for consumers to seek expert advice about insurance cover as soon as possible.

"Insurance can be a very complex product to understand, so we recommend consumers speak to an insurance broker to make sure that the things that are most important to them are adequately covered," said Mr Booth.

"Brokers know the insurance market and they really understand the different policy wordings offered by the various insurance companies, so their advice means consumers can be confident that they have the very best cover in place should the worst happen.

"The early on-set of bushfires is a stark reminder of how quickly natural catastrophes can strike, and why it’s so important to have the right level of cover."

Mr Booth added that many people did not realise that insurance brokers deal with personal as well as commercial insurance and their role is to represent the customer, not the insurer.  

Last changed: Sep 12 2013 at 5:38 PM

Comments

  1. None Found

Add Comment

Latest News

Robert Cooper - one of 100 faces of small business

This week it was announced as part of Small Business Week,  that Robert has been named one of the 100 faces of small business for a State Government promotion on the great value that small businesses play in the State of Queensland.

You can see Robert's entry here:

It is the third accolade for CPR Insurance Services in a month and after seven and a half years in business is a real pep up for the company.

For Robert, it is the culmination of many years experience, becoming well qualified, experiencing the highs and lows of a career and always wanting to contribute to his community. Sometimes, these things just come together and you receive recognition for your efforts.

Robert says that there is no doubt that starting your own business is a huge challenge, but with the right research and planning, the right people around you and a good set of values that you apply to the vision of the company, you have a very good chance of making it all succeed.

Robert says he is lucky. He has a strong supportive Wife, Mandy, who is also part of the business, along with efficient and hard working staff such as Julia McLauchlan and Aidan Harmer who are building up their own skills in a learning environment. 

However, the most important and most supportive people for CPR Insurance Services are our clients who have stuck by us and supported us over the past seven years. Our focus remains on providing the best possible service we can and always acting in their best interests. To all our clients, we say thank you!

read more

CPR Insurance wins Brokerage of the year

CPR Insurance Services picked up the award for the Best Brokerage (1-5 staff) in Australia, last Friday Night (4th May 2018) at the Insurance Business Magazine Awards held at the Westin in Sydney.

Judging came from various parts of the industry. It is a great honour to be recognised for our hard work and particular Business values we follow. A full list of winners is listed here.

Success comes from having great staff, and we thank Aidan Harmer and Julia McLauchlan as important support staff for helping us win such an award.

CPR Insurance has been in operation for more than 7 years now and is only successful because of the wonderful support from our staff, insurers and most importantly, our fantastic clients who put their faith and trust into our company to be their Risk Advisers and Brokers. 

Thank you to all.

read more