Content on this page requires a newer version of Adobe Flash Player.
by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
The Southern Cross : November 2011
Page 12 November 2011 www.thesoutherncross.org.au Catholic Church Insurances 100 years and growing strong Catholic Church Insurances (CCI) is celebrating its 100th anniversary in 2011 by thanking the people it values most -- its clients in the Church community and beyond. CCI began from simple origins in 1911 when the Catholic Bishops of Australia decided that it was pr udent for the Church to establish its own insurance company to provide re insurance for Church proper ties. Today, Catholic Church Insurances has diver si ed into a general insurance and nancial ser vices provider offering insurance products to Church and Religious Institutes in Australia, including proper ty, motor vehicle , liability, workers compensation, as well as providing retail insurance products to the broader community. Catholic Church Insurances CEO, Peter Rush, says the Centenar y celebrations provide an oppor tunity to re ect on CCI s histor y, its place in the Church today, and its vision for ser ving Church into the future. "Catholic Church Insurances is proud to be the trusted par tner of so many different Church entities and operations," Mr Rush says. "The occasion of our Centenar y gives us the oppor tunity to thank our customers for their ongoing faith in us and to recommit our selves to protecting their interests in the best possible way. Mr Rush says that Catholic Church Insurances is one of the oldest insurance companies in Australia and that right from the beginning it was unique among its competitors. "It has always existed not to make a pro t, but to protect the interests of the Church community and to return any surplus made back to the Church community -- in this way, helping to suppor t the mission of the Church," he says. And, being owned by the Catholic Dioceses and Religious Congregations of Australia, CCI continues to under stand the unique needs of the Church community like no other. "It s this understanding that has helped us build a valued rela- tionship of trust with the community we ser ve," Mr Rush says. "It s a trust that we never take for granted as we continually strive to grow and develop according to our clients needs. "We hope that our friends in the Church community will join us in celebrating the Centenary of Catholic Church Insurances and that together we can embark on a new centur y of Ser ving Church." A proud history of 'Serving Church' For Catholic Church Insurances CEO Peter Rush, the thing that sets CCI apar t from the crowd is its place within the Church itself. "We understand the Church," he says. "The Church is a wonderful, dynamic, and complex body and its needs are often quite par ticular. "Right from the beginning, our founding principles have remained constant: to develop specialist products and ser vices which are able to meet the needs of the Church; to keep control of insurance costs; and to retain the surplus within Church. "While building on its heritage, Catholic Church Insurances also looks to the future, constantly evolving and introducing new products and ser vices to meet the changing needs of the Church today and tomorrow." We've come a long way together It all star ted back in 1911 when the Catholic Bishops of Australia decided to create an insurance company to provide re insurance for Church proper ties. These humble beginnings marked Catholic Church Insurances out as being unique among insurance companies. It existed not to make a pro t, but to protect the interests of the Church community and to return any surplus made back to the Church community -- in this way helping to suppor t the mission of the Church. Since 1911 CCI has evolved from being a company offering re insurance for Churches, Catholic schools, convents and other proper ties, into a diver si ed general insurance and nancial ser vices provider.Today, Catholic Church Insurances provides insurance products to Church and Religious Institutions in Australia, including proper ty, motor vehicle, liability, worker s compensation, as well as par tnering to provide residential buildings and contents insurance and personal accident insurance to the broader community. In all its operations, Catholic Church Insurances mission is to ser ve Church. We belong to the Church Catholic Church Insurances understands the Church because it is par t of the Church. "We are owned by the Catholic Dioceses and Religious Institutes of Australia, which are represented on the Board of Director s," Mr Rush says. "As a wholly Church owned business, our responsibility to our Church clients is much greater than that of a commercial insurer. Above and beyond meeting pr udential and regulator y obligations, our responsibility extends to caring for our clients, our Church community." With state of ces Australia- wide and dedicated account executives who travel the length and breadth of the country, CCI is committed to per sonally delivering its broad range of ser vices to the Church community, no matter where they are at. A different type of insurance company Insurance companies can sometimes get a bad rap, especially when it comes to paying out on claims. Catholic Church Insurances is a truly different type of insurance company -- one that genuinely cares for its clients. "When Queensland and Victoria were hit by catastrophic ooding in Januar y, CCI hit the ground running, employing our Catastrophe Claims Incident Response plan which ensured we were able to manage a larger number of claims enquiries than normal and process ood claims promptly," Mr Rush says. But CCI s care begins well before disaster strikes. "When our clients need us, we are there for them. In the event of a claim, we act promptly, not only to restore or repair the loss, but also to suppor t those affected." Serving the Church and supporting its mission Who could forget all the wonderful diocesan celebrations to mark the Canonisation of St Mary of the Cross MacKillop last year? Catholic Church Insurances was delighted to help suppor t these events to mark the canonisation of Australia s r st saint by providing a grant to each diocese in the countr y. Or perhaps you ve been to a conference or event held by a Church agency or organisation -- including the spectacular World Youth Day Sydney - and noticed Catholic Church Insurances as a sponsor? Operating under mutual principles, CCI is able to put Church interests before company pro ts. When an operating surplus is achieved, a signi cant propor tion is given back to the Church by way of dividends, distributions to Catholic Church entities, and grants. Catholic Church Insurances has returned more than $223.7 million to the Church community in the last 32 years. Honouring our past while looking to the future "It is our privilege to have been par t of the Catholic Church community in Australia for 100 year s," Mr Rush says. Today, the Mission at Catholic Church Insurances remains stronger than ever -- to provide ongoing security to the Catholic community by identifying and ethically ser vicing its insurance and related needs. "As we celebrate the Centenar y of Catholic Church Insurances, we look forward to meeting the unique needs of the Church into the future and to 'Ser ving Church for another century and beyond." Why insure with the Church's own insurer? The Church is not like a business or any other charitable operation. Its mission is unique and so are its needs. It requires a specialised insurer who, being a part of the Church, truly understands how best to serve the Church community. Some of the bene ts of insuring with Catholic Church Insurances include: Guaranteed continuity of property cover -- There are many bene ts to the Church owning its own insurance company, the most impor tant being continuity of cover. Regardless of the size or number of claims, CCI guarantees to continue proper ty cover. No other insurer in Australia would give such a guarantee. Fair settlement of claims -- Catholic Church Insur- ances has an excellent reputation for fair claims settlements. All claims inquiries are judged on their merits and ever y effor t is made to provide assistance to our clients where possible. At Catholic Church Insurances, all third-par ty claimants are treated with respect and dignity and in a manner that re ects the Church we are a par t of. You deal directly with the underwriter -- Catholic Church Insurances is a licensed insurer authorised by the Australian Pr udential Regulation Authority. Catholic Church Insurances underwrites most classes of general insurance. Financial security -- Catholic Church Insurances solvency coverage has consistently exceeded the statutor y requirements.This ensures that you are dealing with a ver y nancially secure company. Peace of mind -- The master policies covering prop- er ty and public/products liability generally provides immediate protection for newly acquired proper ty. In addition, up to the value speci ed in the policy schedule, the motor eet vehicle policy generally provides automatic cover on all of your vehicles. CCI gives back to the Church community -- Being a co-operative allows CCI to distribute pro ts back to the clients of the company. After claims, expenses and prudent reser ves, a distribution is made to share any pro t. In this way CCI suppor ts many Church activities.