Theatre Australia

your portal for australian theatre

Showtech's update/solution to Public liability Insurance Issues

Wed, 5 May 2004, 10:17 am
Walter Plinge10 posts in thread
5th May 2004

Dear Industry Colleague,
As you know Showtech Australia have been working on trying to find a solution to the industries Public Liability Insurance problems.
We are happy to announce that after over 12 months of working on this process we have found a company and underwriter willing to look at our industry specifically.

Our main aim was:-

1.to find an organization willing to look at the entertainment
industry and address the current issues we face i.e.: Understanding of the entertainment industry and its many facets
The types of cover offered
The problem with the ever increasing price of premiums
Obtaining cover at all
Explanations of the cover offered
Service

2.To find an organization that was willing to look at each individual company within the entertainment industry and take each company on its own merits.
3.to find an organization willing to look at options and opportunities of de-creasing premium costs
4.to find an approved APRA insurer

Showtech have been working closely with Malcolm Freeman from Austfin Financial Services along with an underwriter to achieve this process.

You will receive in the mail or via email a letter from Malcolm introducing his company and the opportunities he has obtained for our industry. if you would like this sent to you please email me at rgood@showtechaustralia.com.au

This opportunity is not a Scheme, each company will be based on its own individual business nature within the industry, and you will be assessed on your merits, your safety and risk management procedures and your requirements.

There will still be categories that you will need to fit into within the criteria of the insurance assessment; however this has been developed in conjunction with myself and tuned very much towards our industry.

As much as I cannot guarantee this is a solution, I can say that is a big step forward to where the industry was 12 – 18 months ago, and if we can all work together on this process will ensure the longevity of our industry.

I guess it should also be stated for the record that Showtech do not benefit from this financially in any way and have taken this on board as a community service to our industry.

If you would like more information please feel free to contact me via email at rgood@showtechaustralia.com.au or by phone on 03 9645 4133


Yours Sincerely


Robyn Good
General Manager
Showtech Australia Pty Ltd




5/5/2004 Disclaimer:- Showtech Australia Pty Ltd and its representatives will not be held liable or responsible for the services provided by Austfin or its associates.

Thread (10 posts)

Walter PlingeWed, 5 May 2004, 10:17 am
5th May 2004

Dear Industry Colleague,
As you know Showtech Australia have been working on trying to find a solution to the industries Public Liability Insurance problems.
We are happy to announce that after over 12 months of working on this process we have found a company and underwriter willing to look at our industry specifically.

Our main aim was:-

1.to find an organization willing to look at the entertainment
industry and address the current issues we face i.e.: Understanding of the entertainment industry and its many facets
The types of cover offered
The problem with the ever increasing price of premiums
Obtaining cover at all
Explanations of the cover offered
Service

2.To find an organization that was willing to look at each individual company within the entertainment industry and take each company on its own merits.
3.to find an organization willing to look at options and opportunities of de-creasing premium costs
4.to find an approved APRA insurer

Showtech have been working closely with Malcolm Freeman from Austfin Financial Services along with an underwriter to achieve this process.

You will receive in the mail or via email a letter from Malcolm introducing his company and the opportunities he has obtained for our industry. if you would like this sent to you please email me at rgood@showtechaustralia.com.au

This opportunity is not a Scheme, each company will be based on its own individual business nature within the industry, and you will be assessed on your merits, your safety and risk management procedures and your requirements.

There will still be categories that you will need to fit into within the criteria of the insurance assessment; however this has been developed in conjunction with myself and tuned very much towards our industry.

As much as I cannot guarantee this is a solution, I can say that is a big step forward to where the industry was 12 – 18 months ago, and if we can all work together on this process will ensure the longevity of our industry.

I guess it should also be stated for the record that Showtech do not benefit from this financially in any way and have taken this on board as a community service to our industry.

If you would like more information please feel free to contact me via email at rgood@showtechaustralia.com.au or by phone on 03 9645 4133


Yours Sincerely


Robyn Good
General Manager
Showtech Australia Pty Ltd




5/5/2004 Disclaimer:- Showtech Australia Pty Ltd and its representatives will not be held liable or responsible for the services provided by Austfin or its associates.
Walter PlingeThu, 6 May 2004, 02:57 pm

Re: Showtech's update/solution to Public liability Insurance Iss

Hi Robyn.

Happened to come across this now. (It doesn't seem to be linked to the earlier discussions.)

I'm sure a lot of work has been put in by your company.

Yes please, I'd be interested in being e-mailed further information.

Any idea of cost?

Cheers,

Michael Jeffery.
Walter PlingeThu, 6 May 2004, 04:08 pm

Re: Showtech's update/solution to Public liability Insurance Iss

Hi Michael,
Im not sure why you think its not linked to our earlier discussion.
Costs depend on the type of business and its nature, Malcolm is very helpful and we have tried to cover all aspects of the industry.
Can you please email me at rgood@showtechaustralia.com.au and i will send you thr formal email

thanks
Walter PlingeFri, 7 May 2004, 03:12 pm

Re: Showtech's update/solution to Public liability Insurance Iss

Hi Robyn.

Thanks for the info. you e-mailed.

I've checked, double checked etc..., and your most recent postings do not seem to be linked to the earlier discussion. That thread was started by a "Sam Miller", 3-2-04, and the last post was from me : 22-04-04. Not to worry, I'll go to that post in a moment and make mention of this new information, just to clarify things for those searching this site in the furture, seeking insurance information.

I note that, in order to give a quote, Austfin require a form to be filled out, giving info. on the entity to be covered. Fair enough. However, may I ask please at what price the cover starts at? Such a figure might save theatre companies, Austfin, and others both time and money.

Here's why I ask -

I filled out a detailed form for an insurance company last year; provided all sort of info. - size of cast, venue seating etc... The (huge) quote came back a few days later. That quote was many times greater than other insurance packages. Had I known Company X's 'ball park figure' from the outset, I wouldn't have filled out their form, which would have saved the insurance company and me (or is it 'I'???) effort.

Do you know if Austfin's cover will be competitive with

www.communityinsurance.com.au

?

(I don't have a stake in C.I., they're just the best I found when looking, looking and looking.) C.I. has forms to fill in, but before possibly wasting their time, you have an idea of their ball park figure from the info. on their website -

12 month cover for $5 million public liability from $363.00


If Austfin's cover isn't priced in the ball park of this already established product, well, I'm just wondering if it will struggle to attract customers.

Just one guy's thoughts.

Cheers,

Michael.
Walter PlingeFri, 7 May 2004, 03:23 pm

Re: Showtech's update/solution to Public liability Insurance Iss

Hi Michael,
You need to fill out the form just so malcolm can contact you, as i am not in the insurance industry i cannot estimate ballparks, but malcolm may be able to. Tell him what your needs are and what figure he needs to be comparative with and he will tell you what needs to be done

Good luck
keep me posted

Robyn
Walter PlingeSat, 8 May 2004, 05:38 pm

Re: Showtech's update/solution to Public liability Insurance Iss

Hi Robyn.

Thanks for that.

My current insurance runs for a while yet, but when I need to get some new cover, I'll certainly contact Malcolm, and post any info. which might be of interest to those in a similar boat.

In the meantime, if anyone else is currently in the market for insurance, might it be possible for you please to post what you've discovered?

The fact that Austfin's cover is specifically designed for the performing arts is a factor worth considering.


Cheers,

Michael.
Walter PlingeMon, 17 May 2004, 02:53 am

Re: Showtech's update/solution to Public liability Insurance Iss

Hi Michael,
I would love to post what I have discovered, however it astounds me that you and I are the only ones that have been communicating by this thread in relation to public liability Insurance.
As you know the email I send out is quite large with the attachements that I cannot attach here, so I guess people will just need to contact me.
Maybe I should let people know that this option is open to people in ALL STATES.

Interestigly enough the message I posted on Artshub has generated alot of interest so thats a good thing :-)

If i may, not to push a point, but you should contact Malcolm, sometimes the issue with premiums and their prices, and the problem of if you will get cover or not, is effected by the time of year your premium falls due on.
I know this sounds absurd but true, the insurance game, in my experience and research is based on "quotas" and if they have met their annual quota and you're at the bottom of the pile you may not get cover. If your premium is due at a quiet time of the year you may get lucky.
Im hoping that this will not be the case with Austfin as this is one of the points I raised in my working with Malcolm.

So it may help if Malcolm just has your details on file so as he can assist you now, or ring you when your premium falls due.

Regards

Robyn
Walter PlingeSat, 22 May 2004, 03:45 pm

Re: Showtech's update/solution to Public liability Insurance Iss

Hi again Robyn.

Yes, I too am surprised we're the only ones posting about this. (Isn't Public Liability supposed to be one of the big issues in theatre at the moment?)

I've exchanged e-mails with Malcolm. He seemed to suggest that C.I. is a cheaper/better option for someone producing under a 'not for profit' banner.

Cheers,

Michael.
Walter PlingeTue, 22 June 2004, 01:05 pm

Re: Showtech's update/solution to Public liability Insurance Iss

The Nanango Theatre Company Inc. are a non profit (amateur) organisation who are trying to find an insurer for our Theatre house. We currently pay in the vicinity of $2800 per annum for insurance on building & contents.
We are trying to find a much more cost efficient insurer & ask if you are able to help us find or know of theatre companies that we may be able to become affiliated with thus reducing our cost.
Your help is greatly appreciated.
Regards -

Eddie Krauksts
for the Nanango Theatre Company Inc.
(President)
Phone : 07 4160 9273 (w)
Fax : 07 4163 7174 (w)
Email : ekraukst@tarongenergy.com.au (w)
Walter PlingeThu, 16 Sept 2004, 10:39 pm

Re: Showtech's update/solution to Public liability Insurance Iss

Hi Eddie,
Sorry I am not an insurance broker, and have more general knowledge on public liability rather then what you have asked.
Building and contents is a totally seperate area.
← Back to Tech Talk