Nautilus Marine Insurance Yachting Australia Program

Transcription

1 Nautilus Marine Insurance Yachting Australia Program 12 th July 2014

2 About Nautilus Nautilus Product Suite Yachting Australia Club Insurance Program Financial Return to State Bodies Questions

3 About Nautilus Nautilus Marine was formed in April September 2013 corporate entity name change to NM Insurance Pty Ltd, still trading as Nautilus. Nautilus Marine authorised Lloyds cover holder, full cover binding and claims authorities held. Over 47,000 policy holders nationwide. Employing over 50 staff, Australia and New Zealand. We are the fastest growing Marine Insurance Agency in Australia.

4 About Nautilus Corporate White Label Partnerships include; Yamaha Motors Australia YMI Yamaha Motors New Zealand YMI Kawasaki Motors Kawasaki Jet Ski Insurance Haines Hunter HH Insurance. Yachting New South Wales, Queensland, South Australia and Western Australia. Steadfast, IAA, OAMPS, AIMS Preferred panel providers to Australia s largest insurance Broker Cluster groups as well as multi nationals. These partnership provide support and value for our partners, and Nautilus

5 Nautilus Product Suite Nautilus Marine have developed market leading plain English policy wordings which provide broad coverage for boat owners and the marine industry: Pleasurecraft Commercial Hull & Liability Insurance Boat and Ship Repairers Liability, Marina Operators Liability ISR and Business Insurance Packages Broadform Liability Floating Assets Dealers Stock Builders Risk Professional lines Directors and Officers, Management Liability

6 Yachting Australia Club Insurance Program (YACIP) Yachting Australia Club Insurance Program has been designed and tailored specifically for yacht clubs, running over 10 years. The Yacht Club GM s or CEO s still uses his/her current broker to obtain a quote and coverage through this program. Nautilus Marine must win the business on best policy coverage s at highly competitive premiums. Nautilus Marine and Masterman Insurance Brokers do NOT want any acknowledgement from individual yacht clubs and/or the State Yachting bodies for their involvement in YACIP. YACIP insurance program does not impact any current or future sponsorship arrangements that club or state yachting body have with other corporate sponsors, including other insurance companies

7 Yachting Australia Club Insurance Program (YACIP) Ultimately we are striving to reduce a major annual cost that a yacht club incurs to improve each clubs bottom line result. The Yacht Club CEO s or General Manager s who support the YACIP program will generate sponsorship dollars for Yachting Queensland. A Full time Underwriting team at Nautilus Marine are managing the program. A full time Claims team at Nautilus Marine, supported by nationwide panel of expert loss adjusters, are managing losses that may come.

8 Yachting Australia Club Insurance Program (YACIP) Multi line insurance program protecting the assets of the club, as well as liabilities for the activities undertaken, including directors professional liabilities. Protection of assets under: Material damage wordings for land based assets, buildings, stock, contents. Other events included in cover: Burglary / theft, accidental damage, money, removal of debris Material damage cover for over water assets, wharves, jetties. Material damage cover for rescue and club used watercraft Liability cover for: Club related activities, public and products liability, including regatta organisation and watercraft usage (exclusive YA Wording) Professional indemnity for clubs decisions made, including regatta organisation and facilitation.

9 Financial Return State Bodies

10 Questions