Claims Notification on a "claims made" policy

Claims Notification - the "claims made" Contract

Directors' and Officers' insurance operates on a "claims made" basis. The policy that will respond to a claim is the policy that is in place when the claim is made and notified to the insurers.

Importantly therefore, any event that may give rise to a claim must be reported to the insurers before the expiry of the policy period. If the event does result in a claim, then the insurers will provide cover subject to the terms and limits of the policy in place at the time.

Latest News

Finalist in the Insurance Industry Awards

We were pleased to be advised this week that we are a finalist in the Australian Insurance Industry Awards in the category of Most Outstanding Authorised Representative Business for 2019.

Our company very much appreciates the accolade and just being nominated is prestigious to us. The awards ceremony is in August and we will see how we go, but being in the Top 4 is a credit to our team who have worked tremendously hard in the last eight years.

read more

2019 Insurance Brokerage of the Year

CPR Insurance Services are so proud to be awards for the second year in a row, "Australian Insurance Brokerage of the Year (1-5 staff)". To win this award two years running is very much a fantastic achievement and reflects the high standard we have maintained in the last two years.

We very much thank our hard working staff, Ausure Insurance Brokers our licence holder, the Steadfast Group, NIBA and LMI who have supported us with resources and services to meet the demands of our clients.

And of course we thank all our clients for their fantastic support over the eight years of our business, who if not for them, we would not have a business. Thank you.

read more