Bringing a horse to water

Global broking and risk management company Aon has been placing dedicated cyber insurance policies since about 2005. While very few policies were purchased that year, Fergus Brooks, Australian National Practice Cyber Leader, Cyber Risk, says demand grew significantly from 2010, as businesses started to understand the damage a cyber incident could have on an organisation.

Frank is excited announce that we’re finalists for two award categories at the New Zealand Insurance Industry Awards 2018

The Australian & New Zealand Institute of Insurance & Finance announced yesterday that Frank Risk Management are finalists in two award categories for the 7th New Zealand Industry Awards.

The first award is for Small-Medium Broker of the Year (which just quietly, we have taken out two years running) and the second for Young Insurance Professional of the Year (Rene Swindley). This is such a great achievement and a great privilege.

Frank, again, receives award for New Zealand's best Small-Medium Broker

We are trilled to share some great news with you - at the recent Australian and New Zealand Institute of Insurance and Finance (ANZIIF) Industry Awards, for the second year running, Frank took out the award for Small-Medium Broking Company of the Year.

Frank Risk Management opens new Matamata branch

Leading Kiwi insurance brand is committed to region’s farmers and business owners

Hamilton commercial insurance broker, Frank Risk Management has just opened a new branch in Arawa Street, Matamata. Director David Bradbury said “It was a natural progression for Frank. We have significant business in the region already and having a branch in Matamata will support this”.

It is time for full disclosure says Waikato Insurance Broker

Buyers across the commercial insurance market are being shocked when they find out just how much of their insurance spend is being channelled to the broker in the form of undisclosed commissions and fees.

Hamilton based commercial broking firm, Hutchison Rodway say it is high time that brokers come clean with their clients and disclose their remuneration. Recent anecdotal evidence documented that client’s generally have no idea what their broker is taking from the deal. Further, it showed that on occasion the broker remuneration was over ten times their general expectation. Concerned over how the issue was tarnishing the industry Hutchison Rodway director Rene Swindley encouraged all insurance buyers to ‘ask their broker for a complete breakdown of costs’. Good brokers should have no problem with this and the buyer can then decide if the remuneration equated to good value for the services given. “We [Hutchison Rodway – Waikato] disclose our fees on all commercial business and always have”.