Its Insured | Insurance broker

Its Insured

Phone: +61 1800 040 040

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18.01.2022 it's insured is a proud sponsor of Waverley College Blue and Gold Ball. #supportingoutlocalcommunity #itsinsured

15.01.2022 A brief insurance market update it’s insured and our licensee Australia Broker Network have noticed that Insurance pricing changing in recent times. Increases of between 10 and up to 40% are not uncommon with reduced risk appetite from Insurer’s minimising their losses, meaning some risks or occupations are even being declined. This change follows a state of decline for an extended period of years. We understand insurance pricing is always be subject to a combination of lo...sses from claims and investment returns based on the global economy. The market has been driven by significant competition due to new capital and a relatively benign claims environment. However, the claims environment changed dramatically in 2017 as natural catastrophes in the second half of the year, including hurricanes Harvey, Irma, Maria, earthquakes in Mexico, fires in California and string of storm and flood events in Australia and Europe, have resulted in significant losses and a drain on capital in the insurance market. See more

14.01.2022 Hi Everyone. Due to the NSW Bank Holiday on Monday 6th August, it's insured will also be close and will be back in business Tuesday 7th August. If your matter is urgent please email [email protected]. Apologies for any inconvenience this may cause.... We hope you have a wonderful weekend :)

09.01.2022 Tightening of the Australian insurance market continues..we have seen price increases across the board this renewal season, reduction in risk acceptance for high risk occupations or activities and now a major Australian Insurer has announced a range of increases to its standard excess levels for its SME Packages product with most doubling from $250 to $500. A good reminder to make sure you are requesting competitive quotes from your broker when your renewal is due, or better still speak to the team at it’s insured to ensure you are getting the best deal for your risk. #insurance #SMEPACKAGES #itsinsured

02.01.2022 How Brokers add Value 1. We understand the risk: Businesses need to be cognisant of the wide range of potential risks they are exposed to. From day-to-day activities to overseas travel, there are many considerations. By developing an in-depth understanding of how a business operates, brokers help their clients identify the exposures requiring coverage. 2. Craft a tailored solution: An off-the-shelf, cookies cutter policy will seldom cover all eventualities. Brokers are best ...positioned to fully research the activities of their clients, establish risks and then work with an insurer that has direct capabilities in the relevant areas. 3. Consider Cost: Businesses are always looking for ways to reduce costs and insurance is often one of the first things to go. But if they select policies based on price, they’re potentially compromising their ability to meet their duty of care to their employees, customers or themselves. Large claims and/ or underinsurance stops businesses recovering and brokers can craft a solution that meets a client’s budget and risk profile. 4. Become the trusted advisor: Brokers have the opportunity to position themselves as the trusted advisor with their clients. They are ideally placed to educate businesses about the ever-changing nature of the risk they face and offer clients expert advice and guidance. Amended from article by Cath Dickson, NIBA Insurance Auditor Magazine, August 2018