As a 100% Australian-owned entity backed by the ASX 100-listed Steadfast Group, Network Marine Insurance specialises in marine risk management. Their expertise spans various sectors, including marinas, clubs, boatyards, boat manufacturers, repairers, retailers, and dealers. This comprehensive approach ensures tailored insurance solutions that address the unique challenges faced by marine businesses.
Leading this initiative is National Manager Peter Bellingham, affectionately known in the industry as 'Brush'. With over three decades of experience in the marine sector, both professionally and personally, Bellingham brings a wealth of knowledge to the table. His background encompasses competitive sailing, power boating, and boat building, providing him with a holistic understanding of the industry's intricacies.
Bellingham expressed his enthusiasm for the partnership, stating, "I am really excited to be working with the MIA and marinas. I spend a lot of time at marinas, especially when I am sailing, and it's easy to spot a well-run facility. The MIA does a tremendous job in providing industry support to help operators manage their businesses effectively and mitigate risk. It makes good business sense to reinforce this industry support."
For MIA members, this collaboration translates to access to specialist risk management solutions tailored specifically for marina operations. Coverage areas include property, liability, business interruption, and environmental risks. Leveraging an extensive insurer network, Network Marine Insurance offers competitive coverage and expert guidance, empowering marinas and marine businesses to manage risks effectively.
MIA CEO Suzanne Davies highlighted the significance of such partnerships, noting, "It is great to have insurers and brokers recognise the efforts of the MIA in this way. As a not-for-profit industry association, partnerships like this allow us to further invest in initiatives to support our marinas and boatyards. We are very grateful to Network Marine Insurance."
Looking ahead, representatives from Network Marine Insurance are eager to engage with marina owners and operators at upcoming MIA meetings nationwide. They have also secured exhibition space for the Marinas26 event scheduled for May next year, further solidifying their commitment to the sector.
For marina operators and marine businesses seeking tailored insurance solutions, this partnership offers a valuable resource. Engaging with experienced marine insurance brokers can provide clarity on coverage options, ensuring that businesses are adequately protected against potential risks.
In conclusion, the collaboration between Network Marine Insurance and the MIA represents a significant step forward in bolstering support for Australia's marina industry. By combining industry expertise with dedicated support, this partnership aims to enhance the resilience and growth of marinas across the country.
