BizCover

DUAL Australia, established in April 2004, is an underwriting agency committed to delivering insurance solutions exclusively to businesses in the Mid-Market sector. Through an effective hub-and-spoke system DUAL provides clients with local professional assistance backed by significant central resource. DUAL also partner with clients and brokers to offer support and advice on such matters as legal and claims development and loss prevention.

DUAL Australia underwrite on behalf of Lumley General Insurance Limited (ABN: 24 000 036 279), who is owned by Wesfarmers Limited, and is a major Australian APRA regulated insurer. Lumley is a diverse and dynamic insurer with an A- rating from Standard and Poor’s.

Arch Insurance Company (Europe) Ltd, continues to act as a major reinsurance partner to Lumley and is part of the Arch Capital Group Ltd, which is rated A- (excellent) by AM Best and A- by Standard and Poor’s.

DUAL is part of the Hyperion Insurance Group. For more information about Hyperion, click here www.hyperiongrp.com.

In BizCover, DUAL offers Professional Indemnity insurance to a range of Professions.

Lumley today is owned by Wesfarmers, one of Australia’s largest publicly listed companies. The Lumley Group is as diverse as it is specialised in its provision of niche-focused insurance, risk management and financial solutions.

Mainstream product activities encompass Commercial and Fleet Motor, Property and Liability, Marine Cargo and Hull, Engineering, Construction, Home Builders Warranty, Retail and Premium Finance.

Clients range from individuals to small - medium businesses to large corporations, government agencies, and the rural community.

Operating as a wholesale distributor, with over 100 years of experience, Lumley works closely with independent licensed insurance intermediaries to deliver practical solutions to each client’s needs and specific commercial objectives.

In BizCover, Lumley is the security to the Professional Indemnity insurance products offered by DUAL Australia.

A market leader in the commercial and general insurance industry, AIG Australia, a member company of American International Group, Inc. (AIG), has been in Australia since 1957 and has offices in Melbourne, Sydney, Perth and Brisbane.

AIG, world leaders in insurance and financial services, is the leading international insurance organisation with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer.

In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG’s common stock is listed in the U.S. on the New York Stock Exchange as well as the stock exchanges in Ireland and Tokyo.

In BizCover, AIG Australia offers Professional Indemnity insurance to a range of Professions. Click here to read more.

Vero Insurance Ltd (Vero) is a member of the Suncorp Group of companies. The "Suncorp Group" refers to Suncorp-Metway Limited ABN 66 010 831 722 and its related companies.

Thus, Vero is part of a group whose general insurance businesses are collectively the second largest in Australia by gross written premium; has over 1000 employees; and is an Australian company with offices in every state (except NT).

Vero offers a range of insurance products including property, commercial motor, liability, travel, aviation, marine and personal insurance through intermediaries, financial institutions, affinity groups and agents.

In BizCover, Vero offers Professional Indemnity insurance to a range of Professions.

Investec Bank (Australia) Limited is a wholly owned subsidiary of the Investec Group offering a diverse range of investment banking products and services to an intimate network of high net worth individuals and their businesses, and a niche corporate market.

Investec has offices in Sydney, Melbourne, Brisbane and Perth.

The Investec Group entered the Australian market in 1997, and acquired a banking licence in August 2002 to become a fully registered Australian bank under Australia's Banking Act of 1959. Investec Bank (Australia) Limited complemented their organic growth with the acquisition of Rothschild’s Australian banking operations in July 2006.

The Investec Group is an international specialist banking group operating in the principal markets of South Africa, the UK and Australia. The Investec Group is dual listed on the London and Johannesburg Stock Exchanges.

In December 2006, Investec acquired a 20% interest in Mega Capital Pty Ltd, who are the owners and operators of BizCover. This strategic relationship has proven to provide a strong foundation for growth for both Mega Capital and BizCover.

The National Insurance Brokers Association (NIBA) represents the interests of the insurance broking sector in Australia. NIBA members range from large international brokerages to small suburban brokerages. Through representation, communication, information and education, NIBA ensures insurance brokers’ interests are protected and their professional standing enhanced.

NIBA is one of the most effective industry associations operating in the financial services sector. It represents brokers, agents and underwriting agencies operating in the life and general insurance industries.

The insurance and risk business is highly regulated, and intermediaries are subject to a wide range of professional and legislative pressures. To thrive in such a demanding environment they must be able to keep pace with constant changes in the risk factors Australian businesses face.

NIBA supports its members through its lobbying, education, technical and information services. NIBA members are recognised as having attained a high standard of professionalism and knowledge through ongoing educational support and technical development.

NIBA members also participate in a wide variety of industry, business and government bodies.