We’re the Experts and we work for you.
Insurance can be confusing. At Thompson Insurance we make general insurance clear and easy to understand. We offer custom designed insurance packages to suit you and your business. Our ultimate focus is to deliver superior quality client service whilst fostering strong, long-term relationships. We want to get to know you and your business. We want to help you protect your business. We want to grow and prosper with you.
Unit 2/30 Maud Street, Maroochydore, QLD 4558
(07) 5443 1866
Areas of Practice
A licensed builder will need builders’ warranty insurance for some, or all of your residential jobs. Builders’ warranty protects your customer if they lose their deposit, the builder is unable to finish the job for various reasons or the job becomes defective. The rules vary from state to state across Australia.
BUSINESS INTERRUPTION INSURANCE
Business interruption insurance is designed to cover the shortfall in gross profits caused by the interruption to your business after a disaster or another type of insured event that forces you to close your doors for an extended period of time. It effectively returns your business to the same financial position it was in before the event occurred, allowing the quickest possible resumption of normal business.
DIRECTORS & OFFICERS / MANAGEMENT LIABILITY INSURANCE
If you have a small to medium sized private company, you could be protected by a policy that covers claims from a wide range of management liabilities, such as; directors and officers liability, company reimbursement, company liability, crime and employment practice liability.
You always endeavour to provide the very best services and advice you can. Regardless, the threat of claims and litigation is very real in 21st century Australian business and can potentially bankrupt a business. This is why if your business provides any kind of professional services and/or advice you should strongly consider having professional indemnity insurance. A highly specialised type of insurance, it protects you and your business against customer claims of alleged negligence or a breach of duty arising from an action or error made in the provision of your professional services.
Having adequate general insurance cover is one of the most fundamental parts of being in business, as it provides invaluable protection against a range of risk events – from equipment and assets to legal liability – reducing financial uncertainty and protecting your livelihood and that of your workforce. Insurance companies provide a wide variety of general business insurance policies so it’s essential to get the right one for your needs.
CONTRACT WORKS INSURANCE
You need contract works insurance in place before a peg is put into the ground. Many things can go wrong where building works are involved, whether that be at excavation or even completion stage of any project. This insurance is designed specially to provide any physical and related party liability damage as well as loss of building materials, fire and malicious damage.
MOTOR INSURANCE / COMMERCIAL / HEAVY MOTOR INSURANCE
One of the more common types of cover, motor/vehicle insurance protects your personal and business vehicles against costs arising from theft and accidents. Your policy can be tailored to include a single vehicle or a fleet of vehicles from cars and motorbikes to vans, trucks and even buses and heavy motor vehicles.
A must if you have one or more business premises, property insurance provides financial protection in the event they are damaged or destroyed
in a one-off event. By ensuring the structures you rely on are adequately covered, the financial cost of recovering and/or rebuilding won’t put you out of business.
As digital technology has become more and more inseparable from the operations of most businesses, having cyber insurance has become more and more important.
As with any insurance, there are many different types and levels of cyber cover available. We’ll work with you to identify the best way to manage the risks related to a data breach in your business and mitigate the potentially-crippling costs that could result from such a breach.
Despite a business’s best intentions sometimes accidents still happen. Public and Product liability insurance protects against claims of personal injury or third party property damage caused by an individual, the business or the products that have been manufactured, sold or supplied by the business. In particular it can help to cover the potentially significant costs associated with legal and court costs.
PLANT & EQUIPMENT INSURANCE
If you have mobile plant and equipment, we can arrange to ensure this plant and equipment is properly insured to protect both the equipment but importantly also the liabilities associated with its use. This product is designed to cover the smallest earthmoving machine through to the largest fixed or mobile crane as examples.
Strata insurance provides peace of mind to body corporates by insuring common properties, contents, rents, liabilities and some optional benefits whilst under the management of the strata or body corporate association.
Being there for our clients at the time of a claim is probably the most important role your Thompson Insurance Adviser can play. At times the claims process can be long and complex, but at Thompson Insurance we work closely with our clients and insurer partners to make this process as simple and efficient as possible for you – ensuring you are back in business or on the road sooner!
At Thompson Insurance, your adviser is there to guide our clients through the claims process. From lodgement of the claim, monitoring progress and negotiating with our insurer partners to ensure the best possible outcome for our clients.
Ultimately our key value to you is as your advocate in the event of a claim.
Our Claims Management Philosophy:
Act fairly in the interests of our clients in the event of a claim
Assist our clients in the claims lodgement process through to finalisation of the claim
Assist our clients to understand overly complex policy interpretations
Assist our clients to reduce the cost and the number of claims through effective risk management strategies
Provide 24hr emergency claims assistance where required
In the event of a claim, we will:
Assist our clients in lodging claims and maintain communication every step of the way
Advocate and negotiate with insurers on behalf of our clients to ensure they receive their full entitlements
Arrange for a loss assessor to be appointed where required
Arrange expert consultants including legal and accounting services where needed
Arrange access to Risk Management services to assist in prevention or mitigation against future loss