2023 has brought an exciting opportunity for Acacia Insurance to expand its footprint through the purchase of the Active Community Insurance Farm portfolio – now known as Acacia Rural.
Acacia Rural will be a flagship division of Acacia Insurance & Risk Services Pty Ltd, part of the Insurance Advisernet group. This strategic move is designed to be a win-win for our farm, agriculture and regional clients, their local communities and the business as a whole.
Acacia Insurance was very pleased to again support the Annual Golf Day for the Happy Days Cambodian Village School Charity recently held at Long Reef. A great day was had by everyone and over $25,000 was raised for this fantastic charity that helps underprivileged children escape poverty in Cambodia through education.
Acacia Insurance continues to grow and build in both capacity and capability, and we're proud to strengthen our workers compensation practice to continue to provide advice and solutions of the highest quality and deliver better outcomes for our clients. There is no doubt that workers compensation is a specialist area, requiring dedicated skilled resources, and we're pleased to announce the appointment of leading expert Robert Wallace.
As your dedicated insurance representative, we’re constantly monitoring the insurance market to better understand and assess the trends with potential to affect your business. With this in mind, we wanted to share a summary of our updated market assessment on the factors currently impacting insurance pricing in Australia.
Acacia Insurance & Risk Services is excited to join the Manly Warringah Waratahs corporate family as a club partner for the 2021/22 season.
The relationship has come about through our Director Mark Williams, himself an ex-Manly player and former 1st Grade Premiership winning wicket-keeper.
As your dedicated insurance representative, we’re constantly monitoring the insurance market to better understand and assess the trends with potential to affect your business. With this in mind, we wanted to share a summary of our updated market assessment on the factors currently impacting insurance pricing in Australia.
Acacia Insurance Director Mark Williams recently teamed up with MECON Insurance CEO Glenn Ross and Lander & Rogers Partner Charles Thornley regarding the Design and Building Practitioners Act 2020 (DBA Act) to provide a prospective from an insurance adviser, underwriter and lawyer. Originally published by NIBA, please find the article below.
As your dedicated insurance representative, we’re constantly monitoring the insurance market to better understand and assess the trends with potential to affect your business. With this in mind, we wanted to share a summary of our updated market assessment on the factors currently impacting insurance pricing in Australia. The recently released APRA (Australian Prudential Regulation Authority) quarterly report shows a significant decline in industry profitability for the 12 months to December 31, 2020.
Acacia Insurance was pleased to sponsor a hole and attend the Happy Days Cambodian Village School Charity Golf Day on 5 March. Happy Days Cambodian Village School is an Australian Not-for-Profit Organisation which raises funds for impoverished children in a rural area of Cambodia. Their objective is to give the children in the area an opportunity to break the poverty cycle by improving their living conditions and teaching them to make informed decisions about their future through the power of education.
An increase in mergers and acquisition (M&A) activity is one noticeable trend1 throughout the year of the pandemic (and forecasted to continue in the year ahead). At Acacia, we're frequently asked to advise clients on the insurance ramifications of acquiring a new business, both from the point of view of the acquiring entity and the business being acquired.
So, what are some of the key insurance considerations when buying a business?
