The 360 Group of Companies is pleased to announce significant enhancements to our 360 Plant & Equipment product offering, effective 1 April 2025. These updates are designed to further streamline coverage, improve policy structures, and deliver greater value and flexibility for brokers and their clients.
Key enhancements include:
+ Consolidated Policy Wording – We’ve refined our Mobile Plant & Machinery and Civil Contractors Insurance policies into a single, streamlined solution, designed to reduce complexity for brokers and improve coverage consistency for their clients.
+ Expanded Coverage Options – New enhancements offer broader protection across key risk areas, including increased limits, additional inclusions, and flexible coverage options to meet evolving industry needs.
+ Broker-Friendly Enhancements – Updated policy structures provide clearer wording, improved definitions, and simplified underwriting processes, making it easier than ever for brokers to place business confidently.
Jason Clarke, CEO Australia – 360 Underwriting Solutions, commented:
“At 360, we’re committed to continuous improvement and innovation. These enhancements to our Plant & Equipment product reflect our ongoing focus on providing brokers with market-leading solutions that are easy to understand, competitive, and tailored to client needs. Our refined policy structure and expanded coverage options are designed to support brokers in delivering exceptional service with confidence."
Frank Solano, Head of 360 Plant & Equipment, added:
“These product updates are based on extensive feedback from our broker partners, and we’re confident they will enhance the overall experience. By streamlining policy wordings, broadening coverage, and refining underwriting processes, we’re ensuring brokers have the tools they need to offer their clients comprehensive and sustainable protection.”
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.
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.
In December 2020, AUB and 360 Underwriting Solutions announced that as part of the acquisition and restructure of the Underwriting Agencies division, SURA Plant & Equipment Business would move under the new General Commercial Underwriting Division, within the 360 Group of Companies.
Over the course of the last year, we have devoted much of our attention to integrating the SURA Plant & Equipment business within the 360 Group; bedding down the renewal portfolio's, establishing a platform for future growth, and developing an IT solution for our products.
We proudly announce that effective November 2022, we will convert the SURA brand to create 360 Plant & Equipment Pty Ltd, and furthermore will provide our brokers with an online solution by launching the Plant & Equipment business on the 360 Compass Web Portal. We continue to offer the same comprehensive policies, backed by Allianz, with the bonus of an end-to-end electronic system, 360 Compass, built by eSentry Technologies.
360 Plant & Equipment will continue to be lead by Frank Solano, who is excited to drive the changes in his team. Frank states that “whilst our current servicing teams will not change, our team has been bolstered by additional experienced underwriters, and in addition, the new IT solution complimented by the comprehensive look and feel via the rebranded product and collateral also brings a fresh wave of excitement and motivation to the team – we are looking forward to continuing to provide the service you expect, from people you know.”
Denis Morrissey, Founder and Managing Director of 360 Underwriting Solutions, confirms “We are excited to take the next steps to achieve scale and a more significant presence in the P&E market, as well as expediting the IT strategy for the business.”
With more details to follow in November 2022, CLICK HERE to find out more about 360 Plant & Equipment.
Frank brings 25 years of insurance experience across plant & equipment and heavy motor underwriting, with the last 14 years in the role of Portfolio Manager – Mobile Plant and Equipment.
Strong relationships forged over his career include key relationships with clients, brokers and Insurers within both the Australian and London markets. A proven performer, Franks key competencies include leadership, business development, product development and underwriting.
Get in touch with Frank as per details below:
Head of Plant & Equipment
M. +61 432 464 668
frank.solano@360uw.com.au
Getting to know Frank:
- What is your most used emoji?
The crying laughing emoji - What is the first concert you attended?
U2 – MCG 1993 the Zoo TV tour. - Where do you most hope to visit?
The Maldives – Would love to swim in the amazing clear water! - If you could instantly become an expert in something, what would it be?
F1 Driver. Fly around the globe racing and be in a different country every 2 weeks would be amazing. - What is the most annoying question that people ask you?
When was the last time Essendon won a final? - What was your first job?
Worked at Tuckerbag as shelf stacker at 15. - Where is the most interesting place you've been?
New York. Need to go back as so much more to do and see there. - What is your pet hate?
When you order a chicken parmigiana in a pub and the chips are under the parma it’s really annoying as it makes the chips soggy! - What's something you've been meaning to do but just haven't gotten around to it?
Skydiving! - What are you addicted to?
Tik Tok - What is one of your favourite smells?
Ocean air in the morning.
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360 Underwriting Solutions is delighted to confirm that Chris Quick will lead the SURA Mobile Plant and Equipment business following the recent retirement of Stephen Borg.
With a strong General Insurance background and much experience in acquisitions and change of ownership this is a great time for Chris to join the broader 360 Group of Companies.
Denis Morrissey, Director and Co-founder of 360 added; “We are thrilled to have Chris join us, whilst its BAU for our current MPE broking partners, there is a lot happening behind the scenes as we work with our capacity to transition SURA Mobile Plant and Equipment into the 360 Group.
We will draw on Chris and his experience to guide the team and ensure that we continue to deliver solutions and service to our broking partners”.