Suncorp Urges Queensland Flood Victims To Lodge Claims ASAP
Queensland based bancassurance firm Suncorp issued a statement to the Australian stock exchange re-assuring investors that is has sufficient reinsurance to cover claims related to flooding in the state.
The flood crisis has affected more than 20 cities and towns and is expected to cost more than $1 billion described as the worst in 50 years. Suncorp says it has received over 1,800 claims since Christmas Eve.
Suncorp operates a number of general insurance brands and as part of its response to the Queensland flood crisis has increased the number of staff dealing with claims, assessment and support.
“Suncorp makes allowances for natural hazard claims and has a comprehensive reinsurance program in place. Claims numbers are expected to increase as waters recede and customers return to their homes,” Suncorp said.
It encouraged customers to lodge claims as soon as possible.
“A cost estimate for the event will be provided when claims in affected areas have been assessed,” the company said.
On Friday Prime Minister Julia Gillard toured some of the affected areas.
Compare Australian Home Insurance Deals
Comments
One Response to “Suncorp Urges Queensland Flood Victims To Lodge Claims ASAP”
Leave a Reply
I send prayers of healing of the land and I hope the claims go smoothly and the displaced residence all find shelter.