Future Business Update – Discretionary Mutual Fund is it feasible?
The results are in, discover whether it’s viable to embark on a Discretionary Mutual Fund (DMF) to replace traditional insurance.
To address the rising cost of insurance premiums relating to the use of insulated sandwich panelling, an industry-wide feasibility study was conducted by APAL in 2019 to understand if the Australian apple and pear industry could benefit from pooling resources via the establishment of a Discretionary Mutual Fund (DMF).
“The data is very positive and it shows the power of aggregation. The underwriters are making a large profit from these policies and we have a great opportunity to capture that underwriting profit for the apple and pear industry,” Justin Niven, Managing Director, KJ Risk Group
About this session
Attend this half-day update to hear Justin Niven from KJ Risk Group share findings from the study and explore opportunities to work together as an industry to share insurance-related risk through a DMF. There will also be discussion around group-purchasing opportunities, in particular for workers compensation which cannot currently be mutualised.
Please reach out to Richelle Zealley, Manager, Future Business, APAL via email email@example.com or mobile 0438 634 728
|1.15 pm||Registration with light refreshments|
|1.45 pm||Discretionary Mutual Fund: is it feasible?|
|2.20 pm||What is a mutual and how would it look for the apple and pear industry?|
|2.50 pm||Q&A Session|
|3.00 pm||Afternoon tea|
|3.30 pm||Group purchasing arrangements in general insurance|
|4.05 pm||Q&A Session|
|4.20 pm||Workers compensation opportunities|
|4.50 pm||Q&A Session|
|5.00 pm||Next steps: where to from here?|
|5.30 pm||Conclusion of Update|
Who should attend
- business owners,
- other key staff