Important Announcement - Western Australia Home Indemnity Insurance 03/08/2017
In Western Australia you need to have in place Home Indemnity Insurance (HII) prior to undertaking any residential works including renovations in excess of $20,000.
Over the years we have had many underwriters come and go from the HII market however, over the past few years we have had only the two Insurers being Residential Builders Underwriting Agency (RBUA) and QBE Insurance (QBE).
RBUA has advised Master Builders that it will cease to distribute HII in Western Australia after 31 October 2017. Effectively this means that QBE will be the only provider of HII in Western Australia from 1 November 2017 onwards. If you currently access HII from QBE then this change will not impact you.
If you are an MBA Insurance Services (MBAIS) client currently accessing HII from RBUA we will be contacting you directly in the near future to discuss your options.
MBAIS has predominantly used QBE in the past as we have always had a strong working relationship with them for many years. If you are currently insured through RBUA we can organise a smooth transition of your business over to QBE.
Our specialist HII team has been strengthened by the recent appointment of Damien Vulinovic as Senior Account Executive. Damien joins us from QBE where he spent many years as a Senior Underwriter of their HII product with a focus on the Western Australian market.
With our unique electronic quoting system for HII and our specialist industry knowledge, MBAIS is ideally placed to assist you with all of your HII requirements.
Please contact our MBAIS Perth office and speak with our WA State Manager Jeff Concanen on 08 9476 9806 or Mobile 0419 622961.