Gymnastics Insurance
Insurance Operations
Development vs Services
Education and training
Service focussed
Providing clear instructions
Providing professional insurance service and guidance
Non-deveopment role
Must not indicate coverage is in place (i.e. must only provide general advice based on information provided by third parties where applicable)
Must not promise coverage to any individual or business
Is not responsible for modifying or reviewing current or future insurance requirements
Position Description
Deliverables
Education and training to staff
Maintain online insurance materials
Simple resources for those with no insurance background
Plain lanquage
Interactive
Downloadable
FAQ's
appropriate to current insurance programs
General enquiries
Received externally
GA/State (where appropriate)
Insurers (if applicable)
Received from within
Parents
Coaches
Communication strategy
Insurance Development
Insurance placement
Insurance placement report
Insurance review and development
Broker review and appointment
Insurance Development Plan
Initial Thoughts
2. Insurance Operations (Ongoing)
- Management of existing insurance needs
- Management of all internal insurance enquiries
- Management of all insurance matters with GA/State, Brokers and underwriters
- Development and implementation of risk management and education initiatives (as required)
- Shared service (under the authority of Club)
- Sub-contract option for other businesses - subsidising costs
- Shared service
sub-contract options
subsiding costs with other businesses
- Provide ongoing support as required
- Investigate, development and initiate alternative income streams and/or savings regarding insurance programs
- Establish risk education program at all levels
Legal/Compliance
Financial
Property risk
Reputational
Physical risk
- Establish alternative/critical thinking model regarding insurance and risk
- Establish insurance communication strategy
External enquiries
Claims
Underwriters
Brokers
GA/State
Internal enquiries
Directors
Management
Employees
- Establish relationship with existing brokers (non-GA) and underwriters where applicable
- Initiate discussions with GA/State as required
- Establish a review of insurance and risk understanding within the business (at all levels)
External insurance
GA Program
Internal insurance
1. Insurance Development (Project)
- Setting up of insurance programs
- Individual businesses only
- Case by case
- Not a shared service
- Individually invoiced by BE
END OF PROJECT
Re-engagement options available should you wish to further modify or enhance insurance program in the future
- Place insurance as required within pre-approved and agreed parameters
- Modify and manipulate insurance program as required to achieve the desired outcome
- Undertake placement discussions with underwriters (if required)
- Generate a "placement report" in partnership with broker
- Appoint “placement broker” to engage with underwriters
- Initiate and manage broker engagement and appointment process (placement only) - limited broker services
- Communicate with existing insurance brokers (non-GA appointed)
- Generate conceptual insurance programs for consideration
- Conduct review of insurance issues and opportunities
- Establish existing insurance programs in place
