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Insurer of the Year Finalists Named

NIBA today announced Allianz, CGU and QBE as the contenders for the annual General Insurer of the Year Award, set to be announced at the 2015 NIBA Convention in Melbourne on 7 September.

The award is judged on the results of broker voting as part of NIBA’s annual Broker Market Survey, in which NIBA member brokers rate insurers’ products and services in a range of categories. More than 1100 brokers took part this year.

Zurich took home the 2013 and 2014 titles but the company narrowly missed a finalist position this year.

CGU and Allianz have not previously won the award since its inception in 1998, while QBE claimed it for a remarkable 11 consecutive years between 2002-2012.

Linda Evans, NIBA’s Professional Development Executive in charge of the survey, said: “Once again the vote was extremely close and all our finalists are to be commended for the efforts they put into servicing brokers as effectively and efficiently as possible.”

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QBE Medical Malpractice – New Wording

QBE has recently undertaken a review of their existing QBE Medical Malpractice policy wordings to help reduce confusion and make transactions easier when quoting.

As a result, they have condensed their existing eight wordings into a single streamlined wording:

QM824 – 0615 Medical Malpractice Civil Liability Policy.

What it means for you

The new wording will come into effect for all Medical Malpractice new business on 1 June 2015, and on renewals from 1 September 2015.

The below affected polices have been condensed into a new single wording:

Expired policy wordings New policy wording
QM824 – 1010 Medical Malpractice Civil Liability Policy QM824 – 0615 Medical Malpractice Civil Liability Policy
QM2630 – 1110 Allied and Alternative Health Professionals Civil Liability Policy
QM2631 – 1110 Chemists and Pharmacies Civil Liability Policy
QM2633 – 1110 Day Surgeries and Medical Centres Civil Liability Policy
QM2634 – 1110 Dentists and Orthodontists Civil Liability Policy
QM2637 – 1110 Nursing Homes and Aged Care Civil Liability Policy
QM2638 – 1110 Pathology and Radiology Services Civil Liability Policy
QM2832 – 1110 Private Hospitals Civil Liability Policy


Please Contact Us at Statewide for any Medical Insurance queries, including Medical Malpractice, Property Cover, Workers Compensation, Professional Indemnity and Liability.



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Perth Insurance Brokers News Aug 2015

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