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Under our unique business model, Community Underwriting returns 70% of its surplus to our Not for Profit shareholders.
We also allocate an additional 5% to non shareholder clients that have renewed their insurances with us. Our Grants Program enables us to reinvest our clients insurance dollars back into the sector every year.
We are pleased to announce the organisations that we were able to assist in a broad range of endeavours across the sector.
Our Grants Recipients Brochure provides interesting stories of the valuable activities and projects that have been helped from last years surplus.
We are already working hard on building a bigger grants pool for our 2015 renewal clients.
We aim to grow the program each year and make a real difference to the way insurance is provided to the Not for Profit sector.
Previous insurance solutions for P & C Associations have tended to be complex with confusing levels of coverage as well as difficult to understand and expensive ad-ons.
Following feedback from its members, Healthy Kids Association have worked with Community Underwriting to develop a competitive P & C Insurance package which provides a minimum level of coverage for all Associations - the P & C Essentials Insurance Package. Individual P & C Associations can then purchase cover for their specific requirements where necessary, from an easy selection of additional policy limits.
To find out more information and additional details on the risk exposures of a typical P & C Association go to our dedicated P & C Association insurance page.
NSW Meals on Wheels has been involved in helping Not for Profits obtain effective insurance for more than 20 years. What started with a few Meals Services with difficulty obtaining insurance 25 years ago, has today grown to include around 700 Not for Profits across Australia and more than $2.4 million in annual premiums.