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Insurance & risk advisory · Sydney

Protectingwhat you'vebuilt

The businesses with the best insurance outcomes aren't the ones who shop hardest at renewal. They're the ones who appointed someone to look after it properly, all year round.


The whole thing, briefly

Six ideas
this firm
runs on

Turn any card over for the short version, and a link to where the argument is made properly.

01 — The argument

The appointment decision

Sending your renewal to three brokers divides the market between them.


Pick your adviser first.

Turn over
01 — The appointment decision

Insurers won't quote the same risk twice through two brokers. The first to reach an underwriter takes that market and the next is turned away. You end up comparing fragments rather than the market.

Read the case Turn back
02 — The method

How we work

Your 'in-house' insurance and risk division. Five steps, running all year rather than once a year.

Turn over
02 — How we work

Work out what you're exposed to. Design the programme. Take it to the market properly. Keep it current as the business changes. Run the claim when one comes.

See the process Turn back
03 — The money

Fees, not commission

An agreed fee, set against the work. Commission comes out of the premium instead of sitting inside it.

Turn over
03 — Fees, not commission

When the market hardens and premiums jump, a percentage-based broker gets a pay rise for the same job. An agreed fee doesn't move. It's how an accountant or a solicitor charges, and for the same reason.

How the fee works Turn back
04 — The test

Claims

A claim is the only moment anyone finds out whether the programme was worth what you paid for it.

Turn over
04 — Claims

We build the case, put it to the insurer and argue it ourselves. You are not negotiating a dispute with your own insurer in the worst week your business has had.

How we run claims Turn back
05 — The ground

What we advise on

Property, liability, people, motor and transit, projects, and the specialist covers some businesses require.

Turn over
05 — What we advise on

Some industries we know that need specialist help: civil contracting, motor trade and bailment, farm & agriculture, events, professional services, trades, property and logistics.

Classes and industries Turn back
06 — The backing

The power of partnership

Three of them: with you, with Insurance Advisernet, and with Bentleys Advisory.

Turn over
06 — The power of partnership

A network placing $4.5 billion in premium gives us the market reach. Bentleys Advisory provides infrastructure. You get the reach of a large firm with the attention of a small one.

Who stands behind us Turn back

The premise

Competition
is supposed
to help you

Many businesses put their insurance out to two or three brokers at renewal, compare what comes back, and take the best of it. It feels like diligence. It usually isn't.

Brokers approach insurers on your behalf. When multiple brokers approach the same market for the same risk, insurers won't quote the same risk twice — so the market gets divided between them. One broker gets one set of insurers, another gets a different set, and each comes back with terms drawn from their slice.

You end up comparing fragments against fragments. It looks like a competitive process. What you're actually seeing is a market that has been carved up before anyone quoted anything.

The reframe

The question isn't which quote is best. It's who you want managing this.

You already work this way elsewhere. You don't run a tender between three accountants each March. You appointed one, they know your business, and that knowledge is the reason their advice is worth having.

Insurance is one of the few professional relationships businesses still treat as an annual shopping trip — and it's the one where being poorly understood costs you at the worst possible moment.

Appoint one adviser, give them the whole market to work with, and you get the market's full response instead of a share of it.

The power of partnership

Nobody
does this
alone

The way we work with clients — appointed, long-term, inside the business. — is the same way we work with the people behind us.

It's why a firm of our size can put the weight of a corporate broker behind a client and still have the person who understands your business answer the phone.

With you

Appointed, not engaged

One adviser holding the role for years, not a supplier re-tendered each renewal. Everything else on this site follows from that.

With Insurance Advisernet

The market, and the machinery

Access, placement authority and negotiating weight from a network placing $4.5 billion in premium across Australasia.

With Bentleys

Advice that joins up

A joint venture with Bentleys NSW, so insurance sits alongside accounting and advisory counsel rather than apart from it.

Our fee model

We charge
for the work

Most brokers are paid a percentage of your premium. We prefer commission to be removed from the premium and charge an agreed professional fee instead.

Premiums move with the market cycle, with claims history, with changes in exposure. The work of managing a programme doesn't move with any of them. Charging a percentage of a number that swings for reasons unconnected to the job is a strange way to price professional work — and in the one place it does connect, it connects backwards.

A client's preemium increases by 20% because of the state of the insurance market and a commission-based broker's income rises twenty percent. Ours doesn't move.

Two ways of being paid
 CommissionThe BRS model
How the adviser is paidA percentage built into your premiumAn agreed fee, invoiced separately
If your premium risesAdviser income rises with itAdviser income is unchanged
What you can seeOne number, with the adviser's margin inside itPremium and fee, priced separately
Government chargesLevied on a premium that includes the commissionLevied on the net premium only

Claims

The day it
actually counts

Every broker will tell you they help with claims. The question is who puts your case to the insurer, and how well they do it.

We manage claims end to end and present your case ourselves. That means building the argument, handling the correspondence, pushing where it needs pushing, and staying in it until it resolves.

This is the point where decades of experience stop being a line on a website and start being worth something.

Who you'd be working with

Scale where
it counts

Mark Finn, Nell Brescia and Lauren Rahiman are the cornerstone of the practice — 78 years of advising between them, and the people who do the work rather than the people who win it. Behind them sits the support to deliver on what we promise.

And behind that sits Insurance Advisernet, one of the largest broking networks in the country. That gives us the market access, the placement authority and the systems a corporate broker takes for granted. What it doesn't give us is the layers — the four names between you and whoever actually understands your business.

78
Years of adviser experience
$4.5bn
Premium placed by our network annually

Next step

Start with
a conversation

Send us what you have in place now. We'll read it properly and tell you what we see — including if the answer is that your current arrangements are sound.