General Information About Our Services
First Choice Risk Solutions Pty Ltd is one of Australia’s most dynamic new insurance and risk advisory businesses.
We often find business insurance policies that have been neglected and not changed as the business changes or with the regulatory requirements the business operates in. One reason for this can be the hassle of having a review.
If your business falls into this category and you are pressed for time, you can still benefit from our services and we will make it as easy as we can. We can work to identify what factors are contributing to your overall insurance spend and tell you how to maximise covers that are important to you as well as reveal other ways of reducing costs.
Our customers have benefited greatly from the fresh look at their insurance programs and how simple it can be to get a lot more out of their insurance spend. We’ve heard that you want to save time and money. We can tell you how to achieve that at First Choice Risk Solutions.
Here are a few recent examples:
- A commercial property owner realised massive savings across their portfolio just from being able to have a $2,000 excess.
- A business with multiple locations had different policies for each location and was able to save on costs and maintain good cover by bringing the program together, reducing the number of policies and realise the economies of scale. As the business expanded it had started new policies rather than add to their existing policy.
- One customer who operates a motor trade business was able to save money by having features of their risk management noted which changed how the premium was rated, and at the same time they were able to enjoy the extra cover for faulty workmanship and driving risk and still pay less than before.
- Another business was able to save money and time by converting their motor vehicles onto one single fleet policy with a 50/50 annual adjustment. This also reduces the time when buying and selling vehicles during the year which are added to the policy.
So, whether you want a detailed review of a larger, more complex business structure or have a simple business undertaking a straightforward defined line of work, we can be your partner in making your risk program development and experience easier. Whatever position your business is in, we at First Choice Risk Solutions will show you the best ways to reconstruct your program so it achieves your financial objectives while giving cover where you want it.
This information does not take into account your objectives, financial situation or needs. Before making a decision about the product, you should consider whether it is appropriate in light of your particular objectives, financial situation and needs.