Insurance is a critical component of risk management planning for Funds Management, with businesses subject to a wide range of risks such as breach of trust, fraud, errors & omissions and/or employee dishonesty.
A quality insurance program will provide your investment managers and fund managers with balance sheet protection and certainty of cover across a range of risks including:
· Company liabilities;
· Personal liabilities;
· Employee theft/fidelity;
· Cyber crime; and
· Physical assets.
Our team provide a comprehensive review of your program structure and policy wordings to provide market leading advice, and work with your team to develop the best underwriting submission to garner the right coverage and lowest premiums available in market.
As an ASX-listed diversified funds manager, with approximately $9 billion in funds under management, Centuria appointed GSA as our Insurance Broker to look after the insurance requirements of our property portfolio following a lengthy tender process in 2014. With their ‘different’ and ‘better’ approach, they managed to introduce financial and administrative efficiencies into our program, which has been backed up by quality service and advice throughout. Utilising their close relationships with the insurance market, we now have direct links to our insurers, and work closely with them, and GSA. With these factors in mind, we now have additional Risk Management protocols to better protect our claims experience, reduce premiums, and achieve greater returns for our investors.