Australia’s leading specialist insurer has announced the renewal of two existing products, with policies reformed to cater to current and emerging risk within the care, community, education, faith and heritage sectors.
Ansvar will launch refreshed Industrial Special Risks and Personal Accident products at the upcoming national education forums scheduled throughout October and November.
The Industrial Special Risks product will standardise the 80% co-insurance clause, allowing for the removal of the clause if there is a property evaluation less than three years old.
Flood will be automatically included in the renewed cover and a heritage protection endorsement will extend the protection on any building of historic significance to be restored to a reasonably equal appearance.
The Personal Accident policy has been renewed to facilitate cover for volunteers and students, children and members of the insured organisation.
The policy will now include a number of automatic extensions, as well as an option to include high-risk activities, offering cover for schools or community groups engaging in adventurous activities.
Set to be held in Melbourne, Sydney, Brisbane, Perth and Adelaide, the next series of national education forums are designed to keep brokers and clients informed on the changing landscape of regulated sectors.
“From evolving laws and regulations to updated best practice in risk mitigation, the needs of clients who operate in these sectors are always undergoing change and the forums are an essential platform for brokers who service these clients to ensure they are offering the most robust and informed solutions,” Ansvar Insurance CEO Warren Hutcheon says.
The forums will be comprises a roster of key-note speakers, and will examine the impact of key sector changes on the insurance industry and implication for clients.