Whilst InsureAust’s origins date back to 1992, since 1997 we’ve narrowed our service to primarily focus on the provision of several niche products for accountancy firms and their clients.

InsureAust delivers value added services that either enhance client financial performance, provide financial protection or enhance revenue and cash flow.

Our products and services include:

Audit Insurance

We’re the only insurance broker in Australia able to access three different insurance products from leading insurers and provide independent advice as to which product best suits an accountancy firm’s needs. We’ve specialised in Audit & Legal Insurance since 1997.

Instant Profits

Many SME’s don’t have or have inadequate loss of revenue insurance in the event their business is disrupted by a material loss (i.e., fire, malicious damage, denial of access, loss of suppliers, etc.). Rather than encounter delays with the typical insurance claims process, Instant Profits starts paying the pre-agreed weekly income benefit so that the SME owner can start to rebuild their business. It’s in the accountancy firm’s interest to ensure each SME has Instant Profits cover.

Insurance Bonds

(Deposit Bonds, Commercial Lease Bonds, Performance & Contractors Bonds). Many SME’s are required to provide some form of surety, typically bank guarantees, when entering into various types of contracts. Bank guarantees tie up working capital which places a financial constraint on the individual or business. Insurance Bonds are ‘off balance sheet’, thus freeing up working capital.

LVR Bonds

Property developers and landlords are continually being squeezed by banks on the LVR for a particular property. In the current tight credit market, banks are applying (say) a 50% LVR on non-recourse loans, however, the property developer or landlord needs a 65% or 70% LVR to make the deal work. An insurer will issue a bond for the additional 15% to 20% LVR and rank behind the bank for their security.

Fee Funding

As with Insurance Premium Funding (62% of SMEs use), many SMEs don’t have the cash flow to immediately settle an accountant’s tax invoice. Fee funding pays 100% of the tax invoice amount upfront to the accountancy firm and the client pays monthly instalments over 6 to 12 months, plus interest. A great option to manage debtors and enhance cash flow.

Super Fund Assets

We link Self Managed Super Funds, keen to diversify investments, with choice investment properties and finance, plus audit insurance protection.

 

InsureAust welcomes your contact.

 

 

InsureAust Pty Ltd
ABN 66 099 453 568
Corporate Authorised Representative of Apex Insurance Brokers AFSL 236871

Suite 1, 38 Woolcott Street
Waverton NSW 2060
PO Box 7018 McMahons Point NSW 2060

P: 1300 731 817  F: 1300 739817  AH: 0412 170354  E: team@insureaust.com