What insurance products do you need for your business?
An insurance broker can help with your specific insurance needs.
Fast Facts about Vero
Vero:
- is part of a group whose general insurance businesses are collectively the second largest in Australia by gross written premium
- has over 1000 employees
- is an Australian company with offices in every state (except NT)
Vero offers:
- a range of insurance products including property, commercial motor, liability, travel, aviation, marine and personal insurance through intermediaries, financial institutions, affinity groups and agents
- claims management services, and risk management services, as well as registration and emergency support services through Secure Sentinel
- deposit guarantees, through Deposit Power
Vero’s underwriting principles:
- Pricing of risk: Business is priced to meet return on capital targets
- Risk selection and management: Internal checks and controls are designed to ensure appropriate risk selection and management
- Portfolio management: Each distinct class of business is reviewed on a monthly basis and undergoes a bi-annual portfolio review.
The application of these principles is tailored to each of Vero’s businesses, territories and products.