As you will now be aware ISAAC has now entered into an arrangement with Tudor Insurance Australia and QBE Australia to be the preferred supplier of your Public Liability and Professional Indemnity Insurances.

Your current Provider Broker (Fitzpatrick) may not be supplying you with renewal terms for the coming twelve months and therefore it is imperative you complete this Quotation/Proposal form and return it to this office prior to 31 May 2008 to ensure continuity of your cover for the coming 12 months. The form can completed on line and e-mailed back to us on service@tudorinsurance.com.au or by fax on 03 9707 4568.

All insurance business will now be transacted directly between yourself and Tudor Insurance Australia and all documentation will need to be forward directly to this office and not via ISAAC in South Australia. The reason ISAAC are not able to be directly involved in the transaction for your insurance is because they are not licensed to do so under the Financial Services Act.

We are aware that Fitzpatrick is offering to better any Public Liability quotation by 10% however we feel this will probably not be offered next year. Our premiums have remained constant for the last 10 years and we will continue to maintain this in future by actively managing the facility. Both QBE and Tudor are proud supporters of ISAAC and your industry and in recognition of this we are paying a percentage of your premium to ISAAC to help fund the Administration Office there by offering you, the members, a better service. ISAAC has also negotiated with Tudor Insurance and QBE for a better member insurance package. Some key benefits of this package are:

• Payment of legal fees out side of the sum insured on your professional indemnity policy
• An Aggregate limit of indemnity that is double the limit of indemnity on your professional indemnity policy - i.e. under your current policy you may have a limit of $2,000,000 any one claim and in total for the 12 month policy period. Our policy gives you a limit of indemnity of $2,000,000 and one claim and $4,000,000 in the total 12 month policy period.
• Cover for bodily injury as a result of the advice given under your professional indemnity policy
• Retroactive date on your Professional Indemnity Insurance to provide you with "no gap" in cover should a claim be lodged against you for an incident that occurred out of advice you gave prior to joining the Tudor/QBE/ISAAC facility that you were not aware of.
• A dedicated team of insurance professionals at Tudor Insurance to deal with your needs rather than dealing via the ISAAC administration office.

We would also like to make you aware that we can provide all types of insurance for your business from Motor Vehicle, Plant and Machinery, Tools or Trade, Personal Accident and Illness and Office or Workshop insurance as well as all of your domestic insurance needs at reduced rates due to the buying power of our facility.

Should you have any queries in relation to this please feel free to contact either myself, Teresa Scott, Mark McNamara or Donna Glenton of this office.