Browsing Golf Industry NewsVIEW ALL

Golf Business Australia: Your risk management partner to reduce insurance premiums

POSTED ON April 7, 2021 @ 6:07 am

GBA risk management

The market outlook for golf insurance in Australia is a rather cumbersome one. As of late insurers have tightened their grip on claims and exudes little faith in the industry as a whole.

With continuing catastrophic events like bush fires and storms, the risk of being left with no insurance option is becoming increasingly more tangible.

The main culprit of this noticeable lower tolerance among insurers for golf clubs and facilities around Australia is undoubtfully the increase of preventable type losses claims.

The importance of risk management

Proactive measures in the form of risk maintenance and practical mitigation strategies taken by clubs can minimise the exposure to the volatility of the current insurance market.

The industry experts agree; by having risk management programs in place assisting staff in identifying what could go wrong and taking viable measures to prevent it, will help the golf industry as a whole to become more attractive
to insurers.

With club maintenance programs and prevention methods such as cleaning gutters and conducting regular tree maintenance and removal could see big losses in relation to storms (55% of all claims) be avoided.

Insurance is often seen as a reactive measure rather than
a pro-active risk management tool Robust management strategies should be adopted in all operational businesses in order to reduce the risk of accidents before they happen.

Identifying potential risks and creating a risk management profile for a club can have the following benefits:

  • Lower the cost of insurance!
  • Reduce unexpected and costly surprises
  • Assist with strategic planning
  • Allow more effective & efficient allocation of resources
  • Create peace of mind for visitors/members


Download Risk Management Brochure


Your risk management partner

Golf Business Australia understands all the different nuances of the golf industry and is taking a holistic approach to reducing risks at your golf facility. This will subsequently help lowering insurance premiums for your facility and avoid increasing preventable type losses claims further.

“We want our value proposition to extend beyond insurance expertise via working partnerships with like- minded peers, to improve a facilities risk profile and negotiate more favourable insurance premiums as a result,” explains Managing Director Daniel Bateup.

“As your insurance partner, we believe in interaction and providing on-going risk management advice to assist you in eliminating and reducing the risks associated with your club’s activities. With GBA you’re getting more than just experienced golf industry insurance advice, you’re getting a risk management partner with a plan.”


GBA’s Golf Club Risk Management Plan

Together through partnerships with experienced golf industry experts including ePar & Country Club Intl, GBA has developed a risk management plan ready to roll out to golf clubs averse to risk and rising insurance premiums.

Intentionally simple, the ten-point plan is the start of a clubs journey out of turbulent uncertainty & into manageable predictability.

In a continued effort to safegaurd & support the Australian golf industry, GBA is prepared to do its part by matching the commitment of participating clubs with our ‘flexi-fee’ remuneration. Ask us how this works today.

What are you getting with GBA?

  • We believe in partnerships & interactions, NOT transactions!
  • We assist on ANY outstanding claims matters through to satisfactory settlement.
  • We address cover concerns recognised in your current and quoted insurance program
  • We provide priority first-class service and ongoing experienced advice.
  • We maintain unrivalled insurance protection at the markets most competitive premiums.
  • We introduce innovative finance solutions aimed to reduce costs and add value to your club.
  • We promote and support your club via social media & our industry network.

GBA believes in a united industry front, if you have existing or upcoming insurance needs and could use some added time to weather the storm, let us help!

About GBA:

Every golf business has a unique risk profile. Our risk assessment process will identify the type of risks your club or golf business is subject to and determine whether insurance is available and appropriate.

Golf Business Australia can customise a plan that works to protect your assets, and revenue, from the unique conditions and threats of your golf business.

To find out more call The Golf Insurance Guy – Daniel Bateup on 1300 852 025 or fill out the contact form on our website and get a quote today and we’ll be in touch to start your journey soon.

Comments are closed.

CLICK HERE TO Sign Up for the GIC Newsletter for all the latest Industry News.

Grow the Game Central Golf Recruitment Central Golf Marketing Central

GBA partners with Australia’s leading membership funding company ‘Pay As You Golf’

    Australia’s fastest-growing golf industry-specific insurance provider,...

Royal Queensland set to host 2032 Olympic golf competition

Earlier this week the International Olympic Committee’s (IOC)...

Thirteenth Beach Golf Links' New Short Course Now Open

One of Australia’s premier golfing destinations Thirteenth Beach...

GMA & ASTMA join forces to provide Australia’s largest ever golf industry event

Golf Management Australia (GMA) and the Australian Sports Turf Managers Association (ASTMA) are proud to deliver Australia’s largest ever golf industry conference...

GMANZ joint Summit and Fine Turf Seminar seminar voted a resounding success

The joint inaugural 2021 Golf Managers Association New Zealand and NZ Golf Course Superintendents Association Summit and Fine Turf Seminar held last...

Helicopter crashes onto Terrace Downs Resort golf course (NZ) - 4 injured

Helicopter crashes onto golf course in Windwhistle, Canterbury

A helicopter has crashed onto a golf course in rural Canterbury, injuring all four people on board. Three people with serious injuries...

Controversy surrounds Mount Compass Golf Course rezoning

Mount Compass

The rezoning saga surrounding picturesque Mount Compass Golf Course continues after a proposal to develop hundreds of housing allotments. The prolonged disagreements...

The R&A World Golf Museum reopened after redevelopment


From today, The R&A is pleased to welcome visitors to The R&A World Golf Museum, in St Andrews, which...

Women's Golf Day 2021 sets new global records

Now in its 6th year, Women’s Golf Day (WGD) kicked off with an early start yesterday with its first...

Jerome Ng to Step Down as SGA General Manager

Jerome Ng will be moving on from his role as General Manager of the Singapore Golf Association (SGA), effective...

ASIA: Managers plea for courses to open as golf is a non-danger sport

In light of the projections of the pandemic recovery plan announced the government this week, the Golf Club Managers...

Royal Queensland set to host 2032 Olympic golf competition

Earlier this week the International Olympic Committee’s (IOC) executive board proposed Brisbane to become the host city for the...

Chainsaws can hurt: Safety tips & information

epar chainsaw

At 9 am this week in Sydney, a worker was cut in the neck with a chainsaw. It is...