Parmia strengthens its hold on the association and industry group market

Parmia Insurance is moving to cement its presence in the sector that made it the success it is today, following its recent acquisition by Arthur J. Gallagher, the world's fourth largest insurance broking and risk management company.

The Queensland based insurance brokerage was established by highly esteemed broker Danny Gumm in 2002. It will keep its focus very much on providing tailored insurance to associations and industry groups following the buyout.

Mr Gumm, who will remain in his role as Branch Manager, says partnerships with organisations such as the Australian Graphic Design Association (AGDA), where it has been able to develop unique and award winning cover for members, are Parmia’s bread and butter.

“Parmia was established to provide tailored insurance and risk management solutions to Australian associations and industry groups so that their members could better protect themselves and their businesses,” he said. “That founding focus will become even stronger as we now have the global strength of Arthur J. Gallagher behind us.”

Speaking ahead of AGDA’s highly anticipated Australian Design Biennale at Hobart’s Museum of Old and New Art on 14 November, of which Parmia is a key sponsor, Mr Gumm says he’s looking forward to the greater capability that comes from the backing of an organisation such as Arthur J. Gallagher.

“We’re very proud of the policies and coverage that we’ve secured for our clients through working with world leading underwriter, Lloyd’s of London,” he explained. “In many cases, the price in relation to the value of protection is unrivalled, and AGDA is just prime example of this. So we’re looking forward to being able to now extend that unique service offering out to more industries and associations.”

Despite the expansion of resources, Mr Gumm is quick to stress that the personalised and tailored service that clients have come to know and expect from Parmia will continue to be upheld.

“We pride ourselves on ensuring that each of our clients have their own dedicated account manager that really works with them to assess their risks and to develop a policy that meets their own individual needs,” he said. “That won’t change. We are not a one size fits all firm and we never will be.”

For more information on Parmia, please visit www.parmiainsurance.com.au.

Media Enquiries: Suzanne Ross at Graymedia on 07 3250 9406, 0488 441 589 or email s.ross@graymedia.com.au.