The 360 Group of Companies is excited to announce that, effective 1 April 2025, the underwriter for our 360 Plant & Equipment agency will transition to AIG Australia Ltd (AIG). This strategic alliance aligns with our commitment to delivering exceptional insurance solutions tailored to the needs of brokers and their clients.
As part of this transition, we’re introducing an enhanced product offering by combining the Mobile Plant & Machinery PDS and Policy Wording with the Civil Contractors Insurance PDS and Policy Wording into a single, streamlined solution. This enhanced product reflects our dedication to improving the broker experience, ensuring comprehensive coverage that’s easy to navigate and tailored to market needs. Additionally, our IT platform for Plant & Equipment will continue to operate on Compass, ensuring a smooth transition with no changes to the broker experience when managing policies and submissions.
Denis Morrissey, Co-Founder and Managing Director of 360 Underwriting Solutions, shared his enthusiasm for the transition:
“We’re thrilled to partner with AIG, a leading global insurer, to further strengthen our Plant & Equipment agency. This move reflects our ongoing commitment to delivering innovative, market-leading solutions that supports brokers and their clients. A diverse and stable underwriting security base is critical in today’s insurance landscape, allowing us to provide flexible, competitive, and sustainable coverage.”
Frank Solano, Head of 360 Plant & Equipment, added:
“The transition to AIG marks an exciting step forward for 360 Plant & Equipment. Having worked closely with our broker partners, I know how important it is to offer solutions that are both reliable and easy to navigate. This alliance ensures we can keep delivering the trusted service and tailored coverage brokers rely on.”
For further information please contact the Plant & Equipment Underwriting Team via pe@360uw.com.au or visit our website 360uw.com.au.
This insurance is underwritten by AIG Australia Limited ABN 93 004 727 753, AFSL 381686 (AIG), and is distributed by 360 Plant and Equipment Pty Ltd ABN 85 087 238 837 (360 Plant and Equipment). 360 Plant and Equipment is an Authorised Representative (AR 1302637) of 360 Underwriting Solutions Pty Ltd ABN 18 120 261 270, AFSL 319181) (360 Underwriting) who is authorised to distribute this product under a binding authority from AIG. 360 Plant and Equipment and 360 Underwriting only provide general advice and do not consider your objectives, financial situation or needs. To decide if this product is right for you, please read the 360 Mobile Plant and Machinery Insurance Product Disclosure Statement and Policy Wording (PDS). Terms, conditions, limits and exclusions apply. A copy of the Target Market Determination can be found here.
