Bellrock

On Tuesday 25th February we hosted Bellrock's second annual Charity Golf Day, where we came together to raise vital funds for cancer research to support the mission of Cancer Council NSW. We had a wonderful day at Pennant Hills Golf Club, and were joined by so many of our valued partners and clients who generously supported the event: AIG, Allianz Australia, AXIS CONSTRUCTIONS, Bellrock Specialty, BKH Group, Blooms The Chemist, CGU Insurance, Chubb, Colin Biggers & Paisley, Graphite, HDI Global SE, Hitch Advisory, IAG, Irecon Insurance Services Pty Ltd, Liberty Specialty Markets, Market Lane Insurance Group, Steersons Steakhouse, SHAPE Australia, Vero, Pennant Hills Golf Club Bellrock has partnered with Cancer Council NSW since 2023, providing risk advisory and advocacy services as well as fundraising initiatives to drive support for their mission of a cancer-free future. Why your support matters: • Over 81% of Cancer Council’s funding comes from initiatives like this. • Each year in NSW, 49,000 new cases are diagnosed. • 1 in 2 people will be diagnosed with cancer by age 85. • 49,000 new cases are diagnosed in NSW each year on average. Learn more - https://lnkd.in/dbTya6u2 #CorporateFundraising #CharityPartnership #RiskAdvisory #Advocacy #InsuranceNews #IlluminatingYourPathToSuccess

Leaders argue that high premiums stem from climate risks, government taxes, and construction in flood-prone areas—not insurer monopolies. Sam Perera (Perera Crowther Financial Services) warns of an “increasingly precarious” market, while Adam Richardson (Bellrock Advisory) highlights the impact of insurance taxes. Wayne Knight (omnisure®) points to construction in flood-prone areas as a key issue, and Andrew Hall (Insurance Council of Australia) calls for resilience investments. https://hubs.la/Q037sylm0

We are proud to announce the appointment of Adam Richardson to our Team. Adam will lead risk advisory services to various industries nationally from Bellrock’s Melbourne office effective 6 February 2025.   “Adam Richardson has a depth of experience in corporate risk. He is an acknowledged market leader who provides clients with commercial, pragmatic, and innovative advice. Adam is a tried and tested leader with a proven track record of developing insurance practitioners. He has unwavering support and respect from local and overseas insurers: solidifying why Bellrock has the very best the insurance market has to offer.” – Marc Chiarella, CEO   Read the full release on the Bellrock website here: https://lnkd.in/gPEQCD76 #TeamBellrock #RiskAdvisory #Advocacy #InsuranceNews #Mastery 

"Policyholders who have identified risk exposures and adopted strategies to mitigate loss may see, on average, a 5 per cent rate reduction." Commercial property owners with sound risk management strategies are securing better rates and improved policy conditions, while high-risk properties face rising premiums. Read our full property insurance market update here - https://lnkd.in/eNz_EQNW Ben Gair #Commercialproperty #Risk #RiskManagement #Insurance #RiskAdvisory #InsuranceMarketUpdate

📣Just released: January 2025 Insurance Market Update The latest release in our biannual market update series reveals key market trends and forecasts across insurance lines, emerging risks, and industry sectors. Explore how market conditions are evolving, from increased insurer competition to the impact of new technologies and regulatory changes shaping the Australian insurance landscape. Read the full report - https://lnkd.in/gsNcGj8v #InsuranceMarket #RiskAdvisory #MarketUpdate #InsuranceNews

Our highly anticipated January 2025 Market Update is dropping soon. Stay ahead with exclusive insurance market trends and forecasts, with expert insights curated across areas of risks, insurance products and industries. Be first to access our latest update - https://lnkd.in/gBQEp44b #Risk #InsuranceMarket #MarketUpdate #RiskAdvisory #InsuranceMarketUpdate

Warranty and Indemnity (W&I) insurance is a well-established risk transfer tool in the Pacific, providing deal parties with risk capital that facilitates and de-risks M&A transactions. Our latest article explores key considerations for policy interpretation, and effective claims management through recent case law. https://lnkd.in/gwTpnHME Sahalya U. #MandA #transactionalrisk #warrantyandindemnity #insurance #risk

Motor vehicle accidents, even minor ones, can cause significant disruption to both business operations and personal life. While often overlooked, hire car cover is a crucial consideration for motor fleet insurance. Having the right coverage ensures continuity of transport and minimises impact on day-to-day activities. Read our full article - https://lnkd.in/gAbtkks8 #risk #insurance #riskmanagement #motorfleet #carinsurance #riskadvisory Stephane Pouzet

The Bellrock Team wishes you a happy and prosperous year ahead in 2025! We are excited to announce our Sydney head office has relocated to Level 25, 171 Sussex Street, Sydney 2000 effective January 2025. Our new space will better accommodate our growing team and allow us to continue providing excellent service to all our valued clients. We look forward to welcoming you to our new office.

As cyber threats continue to evolve, Australia has introduced its first standalone cyber security legislation.   This legislation is part of Australia's broader vision to become a world leader in cyber security by 2030.   The major changes under the new legislation are: 1. New security standards for smart devices 2. Mandatory ransomware payment reporting for businesses 3. Regulations allowing for cyber incident sharing with the government (for limited use) 4. New Cyber Security Incident Review Board (CIRB) 5. Security requirements for business-critical systems 6. Expansion of government powers to assist with critical infrastructure during cyber incidents   Read the full article - https://lnkd.in/gHjQmpxU #cybersecurity #cyber #risk