Specialist Services
We understand the needs of private clients
At Honan we recognise the complexities of private asset insurance and the significance of priceless assets in your life. We see the time and emotion invested into each of your valuable assets. Whether it’s a limited edition timepiece, a fleet of cars, or valuable artefacts that you’ve maintained meticulously over the years, we see that you require cover of your private assets to be equally as protective.
We’ve been successfully servicing our Private Client Group division for over forty years. Our specialities include:
High value assets
Home and contents
Investment properties
Holiday homes and rental properties
Collections
Fine art, antqiues, jewellery, stamps and sporting memorabilia
Vehicles
Prestige motor vehicles
Our holistic approach means that you’ll have the same point of contact throughout the process with, service that covers you and your assets end-to-end.
Our comprehensive solutions can also be arranged for art dealers, private and corporate collectors, galleries and exhibitors, auction houses, museums and jewellers.
We share your appreciation for the fine art,
personal valuables and family heirlooms.
We’ll support you, from the finer things in life
through to the fine print of your cover.
How we work with you:
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Consult
Quickly and thoroughly understand the details of your personal assets. Assign one clear point of contact to work with throughout the process. Staff you with experienced professionals that understand the structure and insurance requirements of your personal assets. Coordinate closely with the risk management team to deliver a consistent message to the insurance market. -
Deliver
Review existing insurance program and perform gap analysis. Benchmark the existing programmes against best practice. Agree marketing strategy plans Prepare underwriting submissions Confidentially communicate with underwriters in order to maximise program efficiency. Report on coverage options Manage requirements to ensure coverage without disruption. -
Present
Structure bespoke insurance solutions using our market knowledge, expertise and buying strength. Ensure that program design evolves with your growth or acquisition of new assets. Provide recommendations for the optimum risk transfer solutions -
Deliver
Deliver our findings in a consolidated report annually. Present outcomes to you in a clear and concise manner. Issue Certificates of Currency, Policy Documents and Invoices General advice on a day to day basis as well as ongoing claims management. Ongoing risk profiling and gap analysis as your insurance needs change.
We have complex Claims experience
- $250,000 Storm damage loss, rain water ingress from the roof of a $10 million dollar home. Destroying multiple items of irreplaceable fine art items and personal contents.
- $65,000 lost luggage claim travelling from Europe with Qantas. $40,000 jewellery contained within missing suitcase.
- $95,000 accidental damage claim to Roberto Cavalli rug caused by trades person during home renovations.
News From Honan
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Tue 30 Jul, 2019
Honan announces investment in real estate disruptor The Agency Group
PRESS RELEASE Melbourne, Australia. Honan has invested in $500,000 for a 3% stake in B2B real estate disruptor, The Agency Group Australia. “We’re excited to announce our strategic partnership with The Agency...
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Mon 22 Jul, 2019
Health care industry hit by more cyber breaches than any other sector in Australia
Unbelievably only 33% of the health care industry protect themselves from a cyber breach and the outcomes of this can be devastating. Health Service Providers experience more Cyber breaches...
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Mon 22 Jul, 2019
The strength of Australia’s health and medical industry
The last 10 years has seen the Australian medical and health industry grow exponentially. What can we expect in the next 10 years for this dynamic industry? Over the...
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Mon 22 Jul, 2019
Cyber breach costs CEO his job
Your IT security may not protect you from every cyber breach Cyber breaches are unfortunately becoming more common in Australia, with organisations needing to become more vigilant when it comes...
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Mon 22 Jul, 2019
The impact of Product Recall and Contaminated Products
Damage to Brand and Reputation and Product Recall remain two of the greatest risks facing a competitive Food & Beverage sector in Australia. Supply chains are becoming more complex...
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Wed 17 Jul, 2019
Bill shocks ahead for construction sector
A senior insurance figure has warned of impending difficulties for businesses operating in the construction sector, saying cover will likely become harder and more costly to obtain. Adam Richardson, construction...
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Tue 09 Jul, 2019
Rebranded specialty division reflects Honan’s strength in managing professional and executive risks, especially in a challenging market.
PRESS RELEASE Honan Insurance Group’s (Honan) Head of Financial & Professional Risks Henry Clark has announced the specialist department has been rebranded to Professional & Executive Risks to better reflect the...
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Mon 08 Jul, 2019
Cyber attacks on the rise for the real estate industry
As cyber breaches are becoming more common in Australia, real estate organisations need to become more vigilant when it comes to protecting their balance sheet, and the reputational damage that can be...
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Sun 30 Jun, 2019
The Energy of Renewables
When a single solar farm can surpass the production of a coal-fired power station, the future for renewables is a strong one. Energy and mining industries are specialised and highly...
Disclaimer: Honan Financial Services Pty Ltd trading as Honan Financial Services Unit Trust is a Corporate Authorised Representative of Bombora Advice Pty Ltd ABN 40 156 250 565 AFSL 439065 Level 2, 406 Collins Street, Melbourne VIC 3000
