Article brought by Andy Wells
Andrew commenced his insurance career in London during the mid 1960's. He immigrated to Australia in 1970 and continued to be employed in the insurance industry by working for a number of Insurance Underwriters.
In Australia he started as a re-insurance clerk with the United Insurance Company moving on with the various takeovers and mergers with South British and NZI. Whilst with these companies the standard progression of tasks that were performed included Fire Underwriter, Accident Underwriter, Household Underwriter, Surveyor, and also was involved in setting up several computer policy systems.
After 15 years Andrew moved on to GRE as Re-Insurance Manager, then as a ISR and Property Underwriter. Later Andrew was transferred to Parramatta as a Branch Underwriter and Assistant Manager.
GRE was then taken over by Zurich, where Andrew spent the next 7 years before moving on to Broking where he has now been for the past 7 years.
His present position is Senior Account Manager - General Insurance with the Taggart Group Pty Ltd. Andy has successfully completed Tier 1 level for General Insurance & Insurance Broking with The Australian & New Zealand Institute of Insurance & Finance. Andy is a Senior Associate with The Institute and holds CIP status.
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Directors & Officers Liability insurance - important cover for business owners.
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In increasing litigious times, D&O cover responds to the potential exposures of directors and officers of any size of company. Generally a D&O policy is designed to protect the personl assets of directors and officers by providing indemnity for loss arising from a claim as a result of a 'wrongful act' committed by them in the course of performing their duties.
Most general insurance companies can provide a D&O cover for you, however, the policy conditions can be quite different between the insurers, and therefore you should seek professional advice on whether the cover you have, or are contemplating putting into place, is the most appropriate for your needs.
If you have D&O insurance and would like a review of that cover, or if you think that you should take out D&O insurance, please contact one of our general insurance brokers on (02) 9894 9155 (option 2) or email taggart@taggartgroup.com.au. You can also visit our webstie at www.taggartgroup.com.au to request a quote online.
Source: www.zurich.com.au, www.cgu.com.au.
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What's new?
Welcome to our new Team members
We have two new team members for The Taggart Group providing services to our general insurance clients. Louise Howarth joined us at the beginning of June and is providing assistance to clients with their domestic and commercial account enquiries. Adamy Myers joined us in May and is providing administrative assistance to our Account Managers. Welcome to both Louise and Adam.
We also have a new team member for Taggart Nominees - Katrina Osmond has joined the team to provide paraplanning services. Welcome to Katrina.
Launch of Nooo Commission Group
In May 2009 the Nooo Commission Group was launched. Nooo Commission is a new venture from Jim Taggart, and will provide home loan and lending assistance to consumers.
Nooo Commission has been established to offer a range of ground-breaking home loan products with no upfront commissions or lifetime trailers. This is an innovative product providing choice for consumers. Nooo Commission provides all the benefits of a fully featured home loan for a single flat fee, providing optimum transparency and value for money in these uncertain economic times.
Nooo Commission was officially launched by Senator the Hon Helen Coonan, Shadow Minister for Finance, Competition Policy and Deregulation. Senator Coonan was supported by the Hon Alex Hawke, Federal Member for Mitchell.
For further information, please phone Darren Scott on (02) 8858 0050 or visit www.nooo.com.au
Nooo Commission is home loan/lending broking business and does not provide any financial services advice. For advicde on risk insurance, financial planning, superannuation, or estate planning please contact Taggart Nominees Pty Ltd. For advice on general insurance products, please contact The Taggart Group Pty Ltd. Nooo Commission is an independant company.
ATO payment of Government Co-contributions delay
The Australian Tax Office (ATO) has reported system issues making Government Co-contributions payments. This means that the ATO payments may not have been made by the ATO for 2008/09 financial year. Many superannuation funds have also been impacted by this issue. You can obtain more information from the ATO website - http://ato.gov.au/individuals/content.asp?doc=/content/42616.htm&mnu=41871&mfp=001/007
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