29 May 2023

SBA Insurance: joint venture with risk insurance specialists

Collins SBA announces SBA Insurance: a new joint venture with personal risk insurance specialists MBS Insurance. In recent years, there has been significant change within the Australian Life insurance industry. For several reasons, and of most concern to our clients, premiums across the market have increased considerably, impacting many policy holders.

It has become increasingly apparent to us that individual and business insurance advice, while a key component of wealth planning, requires specialist expertise. Collins SBA is therefore excited to announce the creation of SBA Risk Pty Ltd trading as SBA Insurance. 

SBA Insurance has been established with specialist risk-only advisers to provide advice on Life, Total and Permanent Disability (TPD), Trauma, Income Protection, Key Person and Buy / Sell (Ownership) insurance for business owners. 

"We are excited to partner with MBS Insurance to offer an even more specialist service to our clients via SBA Insurance," says Andrew Pearce. "Insurance can be complex, from a legal and regulatory requirement, risk assessment and claims process - so to work with specialists who are one of the largest distributors of life insurance policies in the Australian independent financial adviser market is a fantastic outcome."

With this joint venture comes exclusive pricing structures, preferential underwriting terms and retention discounts, for the benefit of our clients. The integration of a personal insurance advice offering will complement our other services, and we are excited at the level of expertise and support that SBA Insurance will deliver. 

Let’s chat if you have any questions concerning individual or business insurance or would like to coordinate a no obligation review of your current policies.