Consumer Representative Group Established for Northern Australia Insurance Crisis
Updated: May 18, 2021
The Northern Australia Insurance Lobby Inc has recently been established as a not-for-profit consumer representative for policy holders in North Queensland on the issue of affordability, and availability, of insurance in Northern Australia.
The cost of insurance in Northern Australia has created an insurance crisis which is having a devastating impact on economies and the livelihood of citizens in communities north of the 26th Parallel (for example Rockhampton and North on the Queensland coast).
Federal Government Announcement: $10billion Federal Government reinsurance pool
As a group we welcome this;
We believe a reinsurance solution backed by the federal government is an effective way to resolve this insurance crisis in Northern Australia.
Who are we? We are here to:
represent people at the coal face
work with the government and all stakeholders to ensure the re-insurance solution is fit for purpose and truly meets the needs of policy holders in Northern Australia.
advocate for a solution that is available to the right demographic
provide meaningful assistance on the issue of affordability and availability of insurance.
The committee of Northern Australia Insurance Lobby are here to listen and be part of the discussion. The people working on behalf of consumers and who are nominated committee members include:
Margaret Shaw OAM (co-chair) – Retired from the IT industry in 2002 but has been a strong advocate of insurance in North Queensland since 2011;
Tyrone Shandiman (co-chair) – Managing director of Strata Insurance Solutions since 2011 and has dealt with a number of body corporate committees who have had issues related to affordability and availability of insurance.
Bradley von Xanten (Treasurer) Financial Planner (retired) and is currently the chairperson of Unit Owners Association QLD since 2019;
Eva Rankmore (Secretary) Has worked for Strata Insurance Solutions/Coverite Insurance since March 2014;
Jan Clifford (General Committee) Councillor at Whitsunday Regional Council, Chairperson of Whitsunday Housing Co Ltd & Director/Company Secretary of RDA - Mackay, Isacc, Whitsunday;
Jeff Aquilina (General Committee) Managing Director of at Hotel Group (managing 7 resorts/holiday apartments in Whitsunday);
Terry Brown OAM (General Committee) Committee Chairperson for Sea Star Apartments and owner of six Barber’s shops
Further information about Northern Australia Insurance Lobby can be found on our website https://www.nail.org.au/