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Underwriting Agency Council
congratulates award
winner Sportscover
Sportscover Australia (SCA) has been
congratulated by Underwriting Agency
Council of Australia (“UAC”) Chairman
Martin McAvenna on winning the first
‘Underwriting Agency of the Year’ award
at the 2009 Australia and New Zealand
Insurance Industry awards. The category
was sponsored by Lloyd’s.
The judging panel decided Sportscover
was the top agency operating in
Australia and/or New Zealand and
had demonstrated technical skills,
underwriting results and outstanding
client service that enhanced its market
share and the reputation of the agency
insurance distribution model.
Sportscover Australia is a specialist
sports and leisure underwriting agency,
established by former UAC board
member Peter Nash in 1986. Today,
Sportscover has developed into a world
renowned specialist that boasts millions
of clients spanning 15 countries and four
continents.
It has been a particularly rewarding
3 years for the Sportscover group.
During a period where many companies
have struggled, Sportscover has
set up a Lloyd’s syndicate, its own
Lloyd’s managing agency (Sportscover
Underwriting Ltd) and has now won the
inaugural Underwriting Agency of the
Year award.
SCA CEO Murray Anderson was delighted
to have won the prestigious award
and shared his enthusiasm for its
implications.
“It’s a fantastic award to win, we’re all
very proud of the efforts of the team in
Australia. It’s always rewarding to get the
recognition of your peers and this award
shows we have found a good niche within
the market.”
Murray (
pictured below collecting the
award
) was quick to stress that the focus
has to be on development, “We mustn’t
rest on our laurels. The pressure is on
for us to be on the podium again next
year. We need to keep up product
development and remain focused on
helping the client. We’re proud to be
able to provide the specifically tailored
products that they need.”
Over 800 people attended the awards
ceremony in Sydney and in the buzz of
the moment, Murray admits he can’t
remember much of his acceptance
speech.
“It is only now a couple of days later
that I’m getting flashbacks of what
happened, it went so fast, we’re
obviously delighted. This represents the
pinnacle for Sportscover Australia so far
and I’m sure the guys in the office will
enjoy this as much as I am.”
However, despite the importance and
gratification of winning such an award,
Murray feels the establishment of
Sportscover Syndicate 3334 at Lloyd’s
and subsequently the managing
agent take pride of place for the
wider Sportscover group in the past 18
months.
Group Chairman, Peter Nash agreed,
“Establishing the syndicate and managing
agent has just provided us with so
many more options. We now have the
possibility of trading in over 70 countries
around the world, and we can, over
time and with Lloyd’s agreement, enter
new lines of business and set up new
syndicates. The sky is the limit.”
“The Lloyd’s brand is so powerful and
helps us when we enter new markets. It
has immediate credibility and security to
match,” Peter added.
Sportscover Australia Pty Ltd
Underwriting Agency of the Year 2009
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