Local Business saves over $25,000 on insurance thanks to Ausure Insurance Services

In early June, the owner of the Plumbing business found themselves in a challenging situation.
Their current insurer, declined to offer a renewal due to claims history, and their existing broker could only find a new policy priced at an astounding $33,000, a stark increase from their previous $3,000 premium. Faced with this untenable option, the owner was referred to Ausure Insurance Services by a mutual business partner.

On June 3rd, with less than 24 hours before their plumber insurance policy expired, the owner of the business reached out to the team at Ausure Insurance Services. Recognising the urgency and complexity of the situation, Ausure Insurance Services immediately set to work, meticulously gathering detailed information about the Plumbing business operations and their claims history, focusing on the risk management measures implemented following the two claims.

Leveraging their industry relationships, Ausure Insurance Services reached out to Adam Sloan (Head of Sales and Blended Broking at Ausure Head Office) and John Mills (Broking Manager at Ausure Head Office). Within two days, Ausure Insurance Services had successfully bound terms, offering the Plumbing business a much more affordable and suitable insurance solution.

This is a prime example why businesses should use an insurance broker when looking to insure their business. Many business owners are inclined to go to a direct insurer in a bid to save money. However, an insurance broker can do the shopping around for you and will often approach the same insurers you do if not more. A broker will approach suitable insurers for your business operations and present the quotes and coverage options to you so you can make an educated decision based on adequate protection and budget. The other crucial component of using an insurance broker is that they work for you, not the insurer. When it comes time to lodge a claim, it can often be you vs the insurer. An insurance broker will manage the entire claim for you, including escalations and follow ups to ensure you get the rightful outcome.

Business owner shares his gratitude:
“We have done thousands of jobs and unfortunately experienced two insurance claims in three years. When renewing our insurance, our previous broker advised we had one option for renewal at over $30,000, a 3,000% increase in premiums. We reached out to Ausure Insurance Services on June 3rd as our insurance was to expire within 24 hours. The team at Ausure Insurance Services were able to find a much more affordable option for us in two days. They requested quite a bit of detail around our claims and how our business operated, trying to understand if the cause of the claims was potentially an ongoing issue or if we had reduced our exposure. The effort they went to was greatly appreciated. Couldn’t be happier with the level of service Ausure Insurance Services have provided us.“

The successful resolution not only secured the Plumbing Business coverage but also earned Ausure Insurance Services two new client referrals as a result. This story is a testament to Ausure Insurance Services, as well as the team at Ausure Head Office, whose commitment to going above and beyond for their clients, ensures they receive tailored expert insurance solutions.

Ausure are a national insurance broking group, with locations located throughout Australia in QLD, WA, SA, ACT, TAS, NSW and VIC. Their team of broking specialists help businesses of all size with tailored insurance solutions and have a strong reputation of going above and beyond for their clients to find the appropriate protection, as well as driving fair outcomes for clients at claim time.

Originally publishes by Business Insurance Mag – https://www.insurancebusinessmag.com/au/news/breaking-news/ausure-highlights-milestone-with-25000-savings-for-victorian-business-495920.aspx#:~:text=Ausure%20Insurance%20Services%20has%20marked,hikes%20and%20potential%20non%2Drenewals.