In this bulletin:
Some important new legislation to be aware of
On the 18 June, 2009 the Federal Government passed the provision for the Fair Work Act. An important part of the Act (effective from 1 July, 2009) is the change to the unfair dismissal laws. Under the old Work Choices Legislation, only employers with more than 100 employees were subject to unfair dismissal laws. The new Fair Work Act restores the application of unfair dismissal rights to all employees within the Federal system, but with a concession for small employers (a small employer is now defined as having fewer than 15 employees).
What does this mean for your clients?
Any client who employs 15 to 99 staff was previously not subject to unfair dismissal laws they now are!
Prorisk’s solution for these clients
Our Management Liability Insurance (MLI) contains cover for employment practices liability (EPL), including unfair dismissal claims. A basic policy costs as little as $650 plus charges, with the added benefits of fidelity, entity cover, D&O cover and the list goes on.
Opportunity for brokers
This is a great opportunity to showcase your skills and knowledge to your clients, by providing up to date, relevant advice that could very well save them a great deal of money. It also presents an excellent cross selling opportunity. It is important to raise these changes with all your clients and seek the opportunity to quote MLI including EPL cover.
How to get a quote
To get an indicative MLI quote for a qualifying risk all we need to know is total assets, revenue and staff numbers. Forward this information to enquiries@prorisk.com.au and we will reply with an indicative pricing that same day. Alternatively, for a formal quote, please download our proposal form from www.prorisk.com.au, have your client complete it and we will do the rest.
ProRisk Keeping You Up to Date
Contact Us
Rhys Mills Manager
Email: rhys.mills@prorisk.com.au
Jon Willmott Senior Underwriter
Email: jon.willmott@prorisk.com.au
Peter Marshall Packages and Liability Underwriter
Email: peter.marshall@prorisk.com.au
Grant Mason Underwriter
Email: grant.mason@prorisk.com.au
Adriana Strohmeier Assistant Underwriter
Email: adriana@prorisk.com.au
Robyn Maestri Administration Assistant
Email: robyn.maestri@prorisk.com.au
Gary Gribbin Underwriting Director
Email: gary@prorisk.com.au
Please make sure you visit us at www.prorisk.com.au
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