Case Studies

ASX Listed Company

RIBS identified gaps in coverage, exposing the Directors personally to financial loss. RIBS enhanced the policy and achieved a 30% saving in premium.

Mining Contractor

RIBS redesigned and replaced the client’s insurance programme saving 20% in premium. This saving enabled the client to purchase an additional policy that RIBS had identified as a critical coverage gap. The additional policy was called upon 18 months later and paid a $250,000 claim.

Construction Contractor

The client was faced with an escalating WA Workers Compensation bill. RIBS managed the client’s workers compensation claims and achieved a 30% premium saving.

Property Investment / Syndication

Each property and investment trust was separately insured (different coverage, premium and expiry dates). RIBS redesigned and replaced the client’s insurance programme, providing uniform coverage across each asset and saved 40% in premium. The client now has one expiry date and has significantly less administration.

Civil Engineering Company

RIBS redesigned and replaced the client’s insurance programme, to match their contractual obligations. We covered our client’s critical gaps and saved 20% in premium.