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Assetinsure

    Assetinsure is a Specialist Insurer. Assetinsure underwrites Property, Construction, SME, Rural, Motor, Surety and Aviation. For its Aviation business, Assetinsure is the managing agent for Swiss Re International SE (ABN 138 873 211) which is part of the Swiss Re Group, one of the world's largest aviation insurers.

    The company has steadily expanded its business and product range. Depending on the product offered, the distribution is exclusively through either insurance brokers, underwriting agents or financial institutions. Whilst this generates overall diversification of distribution, this approach effectively avoids channel conflicts for a single product.

    EXPERIENCED STAFF: Our focus is on the corporate and professional market. These clients and their brokers appreciate working with senior and experienced underwriters. Since formation of Assetinsure, we have retained a number of senior executives and underwriters who are highly respected in the Australian market. We are convinced that we can always attract high calibre staff who prefer to work in a specialist environment, where they are empowered to make decisions. They have displayed a disciplined approach to business as they have seen more than one market cycle.

    DELIVERING VALUE: We assist clients with tailor-made coverage for their corporate and professional risks. Assetinsure has introduced entirely new products to the Australian market (e.g. Employee Entitlements insurance and trade receivable securitisation through Assetsecure) and enhanced existing covers (e.g. Franchisor Management Liability Insurance). In essence, we provide sustainable and, therefore, valuable covers.

    A RELIABLE BUSINESS PARTNER: Assetinsure recognises the importance of efficient business dealings and will indicate early in the underwriting process what is broadly achievable from a terms and conditions viewpoint. Claims are handled professionally and fairly.

    Since 2005, Assetinsure has been actively writing aviation insurance as an APRA licensed insurance company delivering professional underwriting and claims service. From May 2010, in a step designed to enhance this reputation with indisputable financial security, Assetinsure commenced writing aviation insurance as an agent of Swiss Re International SE ("SRI") Australia Branch (ABN 38 138 873 211). SRI is an APRA authorised insurer and member of the Swiss Re Group. Swiss Re is rated A+ (strong) by Standard & Poor's Rating Agency with a positive outlook as at 12 October 2010.

    Cover is available against aircraft property damage, passenger legal liability and third party legal liability including:

    • Aviation Hull and Liability

    • Airport Owner's and Operator's Legal Liability

    • Hangarkeeper's Legal Liability

    • Aviation Product Liability

    • Hull War (as part of Hull policy)

    • Chemical Liability

    Assetinsure seeks submissions on aviation hull and liability insurance through its offices in Brisbane, Sydney and Melbourne.


Contact Details:

    44 Pitt Street
    Sydney NSW 2000

    PO Box R299
    Sydney NSW 1225



    Peter Freeman
    National Manager - Aviation

    Telephone: (07) 3051 5000
    Facsimile:  (07) 3051-5099

    E-mail:      



    Website:    http://www.assetinsure.com.au

 

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