When the property insurance renewal for the Anglican Diocese of North Queensland jumped from $500,000 to $2.5 million in a year, despite a long period of time with minimal claims, the archdeacon began to seek alternatives.
The result is Our Ark Mutual, a discretionary mutual designed by insurance experts in collaboration with customers to breathe new life into the proven, customer-owned mutual model. Our Ark launched in December 2020 and now protects $120 million of the Diocese’s assets and is quickly onboarding new customers.
Having members across Australia could also spread the risk, he said. Stay informed. Here are all the ways you can find news from the Townsville ...
A newly launched company has set its sights on providing the early childhood education and care (ECEC) sector with an alternative to insurance that not only takes into account the specific characteristics of ECEC but also aims to do so at a reasonable cost relative to others currently active in the sector.