Discretionary Mutual Fund (DMF) Update June24
The RWTA is pleased to advise that Stage 1 of establishing the long awaited DMF for the Cold Chain Industry has been met to save companies on the ever-increasing insurance costs being imposed.
The RWTA is pleased to advise that Stage 1 of establishing the long awaited DMF for the Cold Chain Industry has been met to save companies on the ever-increasing insurance costs being imposed.
The minimum benchmark needed has been surpassed to proceed. We believe that the DMF will likely be operative prior Christmas, 2024.
The DMF is a solution to help stabilise year-on-year premiums for our Members and to offer savings on Property and Liability insurance.
If you are keen to save money on Insurance and have not yet applied, you can provide the following information to our partner, Benjmain & Benjmain Insurance Group:
Detailed claims information for the last five years, and
Copies of current Property (ISR) and Liability insurance policies.
NOTE: A Mutual NDA can be executed to provide comfort re: the confidentiality of information provided.
For further information or to any answer any questions you may have, please contact:
Richard Cholewick
Benjamin & Benjmain
Call: 0499 038 566 or email him at richard@benjamin-ig.com.au