Traditionally insurers like to stick to relatively low risk occupations when it comes time to insuring business public liability risks. Insurance brokers describe this as hard to place risks, often these risk would be placed with Underwriting Agencies
What is an underwriting agency?
An agency given underwriting and policy writing authority by an insurer. This authority actually allows an agent to price and issue the physical policy to the insured. In return for this additional administrative work, the agency normally receives increased commissions from the insurer involved.*
Australian Underwriting Agencies
A number of Australian underwriters have added some high risk occupations;
Axis Underwriting has added Earthmoving contractors, Electric scooter and Segway importers and distributors, Critical auto parts and Food truck operators to it's acceptable risks.
Recently Underwritten by High Street Underwriting include Builder (No Height Restriction), Church Activities, Live Linesman, RTO - Height Training etc, Safe Lock Abseiling Systems and Swimming Pool Builder.
Is My Occupation High Risk?
If you are still unsure speak to a broker on 1300 046 787
Which Underwriting Agencies does Public Liability Comparison use?
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Source * www.irmi.com
Insure 247 Pty Ltd ACN 612944215 an Authorised Representative of Ausure Pty Ltd ABN 94 096 971 854 AFSL 238433.