Lloyd's sister company wins underwriting agency of the year

Sportscover Australia has been named as Underwriting Agency of the Year at the 2009 Australia and New Zealand Insurance Industry Awards. This was the inaugural award for this category, sponsored by Lloyd’s.

Murray Anderson, CEO of Sportscover Australia said: “We are very proud to have won this award against some stiff competition. It is a great tribute to the whole team; our staff, our broker network and our clients, because without their fantastic support we would not have been able to grow so significantly over the past 23 years.”

Sportscover Australia is a specialist sports and leisure underwriting agency which was originally established by Peter Nash in 1986.

Since then, Sportscover has grown to become a worldwide sports and leisure insurance services group which includes a Lloyd’s managing agent (Sportscover Underwriting Limited) and a Lloyd’s syndicate (3334 SCS).

Sportscover Australia continues to operate as an underwriting agency with authority to write business on behalf of the Sportscover syndicate.

Sportscover’s Chairman, Peter Nash, was also one of three finalists in the Insurance Leader of the Year Award.

Joan Fitzpatrick, CEO, the Australian and New Zealand Institute of Insurance and Finance (the Institute) said: “On behalf of the expert judging panel, I wholeheartedly congratulate the winners of this year’s awards on their tremendous achievement.

“Being named as a winner is no ordinary feat, competition is always fierce and with a record number of submissions the calibre this year was incredibly high.”

She added, “We are supremely proud of the winners and their innovation, high professional standards, customer service focus and industry leadership. The Insurance Industry Awards are a great opportunity for our industry to take pride in its achievements and excellence. I know that each winner will be extremely proud of their success.”

The winners of each category were announced at the Insurance Industry Awards Gala at the Parkside Ballroom, Sydney Convention and Exhibition Centre, on Thursday 30 July.