AB Phillips have been providing insurance solutions to the timber industry for more than 20 years. Over this time we have curated a range of products and services that address the unique risks of businesses within the timber industry. Our expertise and network enables us to obtain highly competitive premiums and improve your level of cover with tailored extensions specific to the timber industry.
We have an exclusive Timber insurance facility, which provides competitive rates and a broad range of cover. This facility is not available through any other broker or underwriter directly.
Trade Credit Insurance
In conjunction with Austbrokers Trade Credit, we have an exclusive Trade Credit Insurance product specifically designed for the Timber Industry. Features of our Trade Credit facility include:
- Timber Industry association members only
- Loss ratios designed to include more members
- Retentions included
- Pre-shipment included
- Choice of premium based on maximum liability
- Coverage in Australia and New Zealand
- Separate policies for each member, so individual members are not affected by anyone else’s losses or claims
- Fixed Premiums – no annual adjustments
- Generous structures (including terms of payment) included in the policy to make your trading profitable and painless.
Priority Claims Management Service
We have a specialist team of claims experts who will work for you in the event of a claim. They will work with you to protect your interests and minimize your exposure(s).