Over many years The Timber Merchants Association (VIC) on behalf of its timber and hardware members, has been involved at all levels of government, with many industry issues and matters of concern including; inadequate timber supply, the promotion of timber, workplace relations and employment law.

AB Phillips have been providing insurance solutions to the timber industry for more than 20 years, and are proud to be the insurance provider of choice to MGAIBA Members. 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.

General Insurance

The Timber Industry presents some unique risks and challenges, that’s why it’s important to have a specifically designed insurance and risk program prepared by people who understand your industry.

AB Phillips has provided tailored insurance solutions to the Timber Industry for more than 20 years. We understand the potential risks your business is exposed to and can tailor solutions that will cost effectively protect you and your assets.

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).

Workers Compensation Services

Workers Compensation is a complex area for businesses. Compliance is strict with harsh penalties for businesses that fail to meet the regulations.

AB Phillips provide Workers Compensation reviews to give you peace-of-mind that you are compliant, and if you are not, we will provide recommendations to help you get there. And if you have been paying too much workers compensation premium, we will organise a refund for you. All on a ‘no-result, no-fee’ basis.

Find out more

If you are a member of the MGAIBA find out what AB Phillips can do for your business.  Call us for an obligation free discussion on 1300 242 136 or email insurance@abphillips.com.au

For more information on MGAIBA visit their website - https://www.mgatma.com.au/