1 / 18

Agricultural Societies Council of NSW

Agricultural Societies Council of NSW. The Biggest Small Business in Town. Agenda. PSC Insurance Brokers – An Overview The Year in Review How your Program Responds Public Liability ISR / Property Association Liability Voluntary Workers Goods in Transit When a claim occurs

cquiroz
Download Presentation

Agricultural Societies Council of NSW

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Agricultural Societies Council of NSW The Biggest Small Business in Town

  2. Agenda • PSC Insurance Brokers – An Overview • The Year in Review • How your Program Responds • Public Liability • ISR / Property • Association Liability • Voluntary Workers • Goods in Transit • When a claim occurs • Your Service Team

  3. Attention to Detail • Please Watch the White Team • Count How Many Times they Pass the Ball to their White Team Mate • Count One Point for each time - however only when they first bounce the ball to themselves

  4. Attention to Detail

  5. Your Footprint

  6. PSC Insurance Brokers – An Overview • Recent origins in Wagga Wagga • Single Brokerage in 2006 • Growth through acquisition • Current International footprint – South Pacific, Asia, Europe • ASX Listed – December 2015

  7. PSC Insurance Brokers – An Overview

  8. The Year in Review • With the ASC’s support, we been working together to address • It’s all about improvements and efficiency • Consolidated Waivers to a single waiver • Condensed your Declaration • Enhanced Activity List and Clarity of Cover • Improved Insurance Protection • Robust Hire Agreement • Local Servicing • Regional Visitations • Education and Awareness • Seeking your valued input We Work for You

  9. How Your Insurance Program Responds • Public Liability • Insures the Show against their negligence resulting in Property Damage or Personal Injury to a Third Party • Must be negligent !!! • A Duty of Care must exist, and there has been a clear breach of that duty of care • Must result in Property Damage or Personal Injury!!! • The resulting breach of your duty of care has actually caused damage to property or person • The Activity List is your bible – please reconcile your program with this list • Can be extended to third parties in very limited circumstances only • Stewards / Judges - Unpaid • Hobbyist Trade Stall Holders • Never to a third party who simply does not have his own insurance • Rodeo management Let’s Protect the Program

  10. How Your Insurance Program Responds • Industrial Special Risk • A current pressure point • Insure ? / Self Insure ? • A proposal for ongoing management • Capture of additional information to sell the risk profile • Construction • Occupation • Protection / Security • Exposure • Adequacy of Sums Insured • Crown Lands Insurance wherever possible Let’s sell your risk profile

  11. How Your Insurance Program Responds • Association Liability • Insures your Legal Entity, Directors and Office Bearers for negligence against the following: • Professional Negligence • Directors/ Office Bearers breaches • Fines and Penalties • Tax Audits • Libel and Slander • Harassment Claims • Employment Practices • Cyber Protection • Etc. Go forth with confidence

  12. How Your Insurance Program Responds • Voluntary Workers • Increased Weekly Benefit Limit - $1,000 • Weekly Benefits extended to age 80 • Benefit available for 104 weeks • Capital Benefits extended to age “Unlimited” • All out of pocket medical expenses Your most valuable asset – so let’s protect them

  13. How Your Insurance Program Responds • Goods in Transit (Usually Livestock) • Are you insured? • Volunteers helping out? • Third Party arrangements? • Hire Agreements in place? • Droving? Avoiding a few surprises

  14. How Your Insurance Program Responds • Hall Hire Liability Insurance • Insured Entity – Private Hirers Only • Number of People • Type of Event • Date $96 irrespective of event

  15. When a Claim Occurs • Let’s intervene early, especially Personal Injury • Incident Reporting • Claims Management • Email us with all details – Let’s move away from forms • Pictures tell a great story • Volunteers – Let’s support them

  16. Other • Your Workers Compensation Obligations • Waivers - How long do we need to keep them • Minimum 3 Years • Minors – up to the age of 21 • Harness Racing NSW • Rodeo Insurance options • Stock Contractor Insurance • Rodeo Insurance

  17. Your Service Team • Phil Lemieux – Relationship Manager • plemieux@pscinsurance.com.au • 02 8043 3933 • 0403 369 565 • Geoff McLeay – Broking Director • gmcleay@pscinsurance.com.au • 02 8298 3918 • 0438 242 792 • Tomas Campos – Claims Officer • tcampos@pscinsurance.com.au • 02 8298 3934

  18. Thank You

More Related