Insurance
Insurance group facility
One specialist broker, one book of documented risk, four forms, and Empire Protection managing the security risk across all of it — which is what the terms are priced on. Aviso Specialty acts on your behalf; Empire Protection refers you to it, and to a licensed lender where premium funding is wanted, and nothing more.
Why the facility exists
Empire Protection carries the security risk of its own supply chain and of the defence industry clients whose security it manages. An insurer prices what it can see, so a documented, evidenced risk is a cheaper risk, and a book of them presented together is cheaper still. That is what the group facility is for: driving insurance cost down across the supply chain and for defence industry clients, by putting the whole picture in front of one specialist broker instead of each business going to the market alone.
The four forms
Security
A manned guarding, patrol or protective security provider.
Security consultant
Advisory and assessment work, where the exposure is professional indemnity.
Defence industry manufacturing
Defence industry manufacture, including product and export exposure.
Not open yet
Defence industry consultant
Defence industry advisory, including DISP and sovereign capability work.
Not open yet
What happens when you complete the form
By completing the form you authorise Aviso Specialty to act on your behalf: to hold your details, to approach insurers for you, and to seek better terms for you under the group facility.
Appointing us as your security risk manager — required
You appoint Empire Protection as your security risk manager for the term of the group facility. Empire Protection works with every business in the facility to reduce the risk the facility carries — that management is what the terms are priced on, and it is a requirement of taking part, not an optional extra.
The form asks you to confirm this, and it cannot be skipped. Until it is confirmed, nothing is sent to Aviso Specialty.
What it costs
Empire Protection's fee for that management is paid out of what you save: typically 20% of the difference between what you paid on your last policy and what is placed for you under the group facility. The rest of the saving is passed on to you. Where cover is not placed for less than you were paying, there is no saving and there is no fee.
Who does what
Empire Protection manages security risk. It does not sell financial products: it refers you to a licensed insurance broker, and to a licensed lender where premium funding is wanted, and stops there. Empire Protection is not an insurance broker, an insurance adviser or a credit provider, does not place cover, does not lend, and gives no advice on any policy or any loan. Every question about cover, price, suitability or finance is for the licensed party to answer — for insurance, that is Aviso Specialty.
Aviso Specialty, Bjorn Shakespeare, bjorn.shakespeare@avisospecialty.com.au. You can withdraw the authority at any time by telling them, or us. See our privacy policy for how your details are handled.