I haven’t heard of that company you have recommended?
Posted on 09 January, 2019
Many insurers choose not to advertise heavily in the media as they prefer to deal through brokers to save marketing costs and administrative costs in dealing directly with customers or they may have a particular market niche. Therefore these companies can be relatively unknown to the general public but can be much more substantial than the names we see in the media on a regular basis. Donnellys has a responsibility to ensure that any insurer we recommend to clients is an authorised insurer under Australian prudential regulations and preferably has an external independent financial security rating at an approved level.