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From the AMMA Bulletin June 2008

From the AMMA Bulletin June 2008

Retaining and attracting key workers continues to be an issue for most companies in our industry. Increasingly, group income protection insurance is seen as essential to both retaining and attracting the best people. Following our usual extensive audit, one of Australia's largest providers of income protection insurance, International Underwriting Services Pty Limited ('IUS') has been granted AMMA Preferred Supplier Status. Here, John Cavana, General Manager - Marketing, provides a brief overview of the IUS product for AMMA members.

Reading time: 3 minutes.

'As many AMMA members will know, IUS is the largest provider of Group Income Protection Insurance to companies in the Mining, Metals and Infrastructure Industries. The way we manage group income protection insurance and our reputation for trouble-free claims service has also earned us the trust of corporations, SMEs and institutions across Australia. The same applies to trade unions. IUS group income protection insurance is recommended by more major trade unions than any other provider.

'Based on our extensive portfolio and our long-term experience, we can community rate group income protection insurance. This enables us to provide automatic cover at competitive group rates, without individual underwriting of any kind. We are also able to guarantee our premium rates for up to three years.

'Importantly, everything we do is designed to minimise administration for the employer's staff.

'We have offices and client relations managers in every mainland state. Our client relations managers are able to provide briefings for staff that have involvement with our product. Briefings include key aspects of the policy and the claims process. The information and guidance provided can also be made available to the employer's staff on CD.

'Group income protection insurance is a complex insurance product. Consequently, long-term experience, particularly in specialist markets such as yours, plays a significant role in delivering service excellence. This applies especially to claims service.

'We specialise. Our insurance product is backed by people, resources and systems that are dedicated solely to group income protection. As you would expect, this delivers a trouble-free claims service to claimants and trouble-free service to employers. It is also worth noting that no part of the claims process is outsourced by IUS.

'We have prepared a guide to selecting group income protection insurance which we hope, and believe, is unbiased. Feel free to call, write or email for a copy. Finally, the acid test: I would like to invite you to put IUS to the test and discuss our product and service with our existing clients. Please call me and I will provide you with a list including those operating in your industry.'

Thank you very much for your time. I hope it took 3 minutes or less!

John Cavana T: 02 8912 7229 E: john.cavana@ius.com.au

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