Are You Paying Too Much for Insurance? Now’s the Time to Find Out
03rd July 2025
ARMA has partnered with KBI to offer tailored insurance solutions for the rotomoulding industry in Australia. With insurance often being one of the biggest fixed costs for manufacturers, it’s important to make sure you’re getting the best value.
KBI has shared a timely update on the current state of the insurance landscape, outlining how recent changes could present real opportunities for rotomoulders to reduce costs and improve coverage. It’s a quick read that could make a big difference to your bottom line.
Are You Paying Too Much for Insurance? Now’s the Time to Find Out
If you’re running a rotomoulding operation, chances are insurance is one of your biggest fixed costs, especially when it comes to public liability and property cover. And if you haven’t reviewed it lately, you could be paying more than you need to.
The Market Has Shifted – In Your Favour
The insurance market is currently softening. In plain terms, this means many businesses are now seeing lower premiums and better coverage options, particularly across property (ISR) and liability lines.
It’s a welcome change after years of hard market conditions. But here’s the thing: unless your broker is actively testing the market and negotiating on your behalf, you might not be seeing those benefits. We’ve reviewed programs recently where businesses were paying thousands more than necessary, simply because no one had taken a fresh look in years.
Loyalty Is Good – But It Shouldn’t Cost You
We often hear from ARMA members that they’ve been with their broker a long time. That relationship can be valuable, but only if it’s still working in your favour.
Some brokers get comfortable. They stop remarketing at renewal. They stick with the same insurer year after year, even when better options exist. That kind of set-and-forget approach might be costing you significantly.
A Second Opinion Could Save You More Than You Think
Even if your renewal isn’t due yet, this is a great time to get a second opinion. At KBI Group, we specialise in supporting manufacturers and understand the unique risks of the rotomoulding industry. We’re not about pressure—we’re about clarity.
A quick review might reveal opportunities to:
- Reduce premiums
- Improve coverage
- Align your policy to current operational risks
We do all the market comparisons for you, so you can make an informed decision.
At KBI Group, we understand the unique risks in the manufacturing sector and have extensive experience working with businesses just like yours. We’re seeing strong results in helping clients improve their cover while reducing cost. Contact KBI today.
Website: Rotational Moulders Insurance Program