Farm Insurance Australia :: News
SHARE

Share this news item!

HCF Broadens Insurance Offering in New Allianz Deal

HCF Broadens Insurance Offering in New Allianz Deal

HCF Broadens Insurance Offering in New Allianz Deal?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

HCF, the non-profit health fund, is now offering home and motor insurance products, thanks to an expanded partnership with Allianz.

Previously, HCF had an alliance with Allianz strictly for travel insurance, serving as an agent selling those products.

A recent survey conducted by HCF revealed that a substantial 95% of its members aged 25 and older focus on securing affordable insurance. This insight prompted the addition of home and motor insurance to HCF’s portfolio, designed to provide comprehensive, flexible, and value-oriented coverage.

"Given the current cost-of-living pressures, we understand that consumers are making vital budget adjustments," stated Lorraine Thomas, Chief Operating Officer at HCF. "They might be cutting back on car journeys to save on fuel or working from home more frequently. Our new car and home insurance policies are designed with these changes in mind, offering affordable and customizable cover to adapt to their evolving needs and budgets."

The home insurance options offered by HCF and backed by Allianz encompass buildings, contents, or a combination of both, providing flexibility in coverage. Motor insurance choices include both comprehensive and third-party options, catering to different customer needs.

Dan Tully, Allianz’s GM for consumer partnerships, emphasized that this collaboration reinforces Allianz’s commitment to providing dependable and trustworthy insurance.

"We are thrilled to work with HCF to bring value to their members through tailored insurance solutions. Our goal is to ensure a streamlined and efficient claims process, enabling members to quickly resume daily life, whether at home or on the road," Tully asserted.

According to the 2022-23 review, Hospitals Contribution Fund of Australia (HCF) has around 1.94 million members.

 

Published:Thursday, 18th Jul 2024
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

Australian Insurers Leverage AI for Operational Excellence
Australian Insurers Leverage AI for Operational Excellence
26 Feb 2026: Paige Estritori
The Australian insurance sector is undergoing a significant transformation, driven by the adoption of artificial intelligence (AI) technologies. Insurers are leveraging AI to enhance operational efficiency, improve customer service, and refine risk management practices, positioning themselves as data-driven, digital-first organisations. - read more
IAG's NextGen Ambition Program: A Gateway for High School Graduates into Insurance
IAG's NextGen Ambition Program: A Gateway for High School Graduates into Insurance
26 Feb 2026: Paige Estritori
Insurance Australia Group (IAG) has launched the second iteration of its NextGen Ambition Program, an initiative designed to provide high school graduates with a unique opportunity to fast-track their careers in the insurance industry without the need for a university degree. - read more
Federal Court Denies Truck Driver's Insurance Appeal
Federal Court Denies Truck Driver's Insurance Appeal
25 Feb 2026: Paige Estritori
In a recent legal development, the Federal Court of Australia dismissed an appeal by Bradley Henschke, a logging truck driver, concerning his insurance claim against the Australian Retirement Trust. The court's decision, delivered on February 12, 2026, underscores the critical importance of active insurance coverage for workers in high-risk occupations. - read more
Heightened Road Risks Amid Holiday Freight Traffic Surge
Heightened Road Risks Amid Holiday Freight Traffic Surge
25 Feb 2026: Paige Estritori
As the Australian summer holidays approach, insurers and transport specialists are raising alarms about increased road risks due to the convergence of peak freight activity and heightened passenger vehicle travel. This period traditionally sees a surge in both freight movements and family road trips, leading to congested roads and a higher potential for accidents. - read more
InfoAgent Launches Advanced Vehicle Data Services for Heavy Trucks
InfoAgent Launches Advanced Vehicle Data Services for Heavy Trucks
25 Feb 2026: Paige Estritori
Australian vehicle data provider InfoAgent has unveiled two innovative services designed to deliver accurate and detailed information for heavy commercial trucks and trailers. These services aim to address critical challenges in industries such as insurance, roadside assistance, fleet management, and logistics by simplifying processes and enabling better decision-making. - read more
Rising Insurance Premiums: A Growing Concern for Australians
Rising Insurance Premiums: A Growing Concern for Australians
25 Feb 2026: Paige Estritori
In recent times, Australian consumers have been grappling with substantial increases in insurance premiums, prompting widespread concern and scrutiny. Reports indicate that some policyholders have experienced premium hikes ranging from 30% to 50%, with certain cases witnessing even more significant surges. This trend has raised questions about the affordability and transparency of insurance pricing in the country. - read more
Navigating the Surge in Insurance Risks for Australian Businesses
Navigating the Surge in Insurance Risks for Australian Businesses
25 Feb 2026: Paige Estritori
Australian businesses are currently grappling with a complex landscape of escalating insurance risks, driven by factors such as increased litigation, rapid technological advancements, supply chain disruptions, catastrophic events, and geopolitical tensions. These challenges necessitate a proactive approach to risk management and insurance coverage. - read more
The Delicate Balance: Australian Insurance Industry's Response to Rising Costs
The Delicate Balance: Australian Insurance Industry's Response to Rising Costs
25 Feb 2026: Paige Estritori
The Australian insurance industry is currently navigating a delicate balancing act, striving to maintain profitability amidst rising claims costs while ensuring that insurance remains affordable for consumers. This challenge is compounded by factors such as increased natural disasters, inflationary pressures, and evolving regulatory requirements. - read more
BizCover and BHSI Collaborate to Provide Professional Indemnity Insurance for SMEs
BizCover and BHSI Collaborate to Provide Professional Indemnity Insurance for SMEs
25 Feb 2026: Paige Estritori
In a significant development for small and medium-sized enterprises (SMEs) in Australia, BizCover has been appointed as the exclusive direct online distributor for Berkshire Hathaway Specialty Insurance's (BHSI) professional indemnity (PI) insurance products. This partnership, effective from 1 October 2025, enables SMEs to access BHSI's PI coverage directly through BizCover's digital platform. - read more
Sterling Insurance Enhances PI Offerings with New Lloyd's Binding Authority
Sterling Insurance Enhances PI Offerings with New Lloyd's Binding Authority
25 Feb 2026: Paige Estritori
Sterling Insurance has recently secured a new professional indemnity (PI) binding authority with Lloyd's, a move that promises to provide Australian brokers with greater control over product offerings and pricing structures. This development is part of Sterling's ongoing commitment to delivering tailored insurance solutions that meet the specific needs of niche and complex risk sectors. - read more


Farm Insurance Articles

Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
Welcome to the world of farming, where the fruits of your labor are as tangible as the soil you till. But just as the land is subject to the whims of nature, so too is the business of agriculture. This is where farm insurance becomes essential. Farmers face a set of challenges and uncertainties unlike any other industry, primarily due to the unpredictable forces of weather. - read more
Common Pitfalls to Avoid When Insuring Your Farm Equipment
Common Pitfalls to Avoid When Insuring Your Farm Equipment
In the world of agriculture, having the right insurance coverage is essential. Farming is a high-risk industry that deals with unpredictable elements, and insuring your farm equipment can safeguard your livelihood. - read more
Protecting Your Herd: The Aussie Farmer's Guide to Livestock Insurance
Protecting Your Herd: The Aussie Farmer's Guide to Livestock Insurance
For Australian farmers, livestock is more than just a vital asset; it's the heartbeat of their livelihood. In a land where the sunburnt plains are as relentless as they are beautiful, protecting your herd isn't just a duty; it's a necessity. That's where livestock insurance comes into play—a shield against the unpredictability of Mother Nature. - read more
Proven Strategies for Australian Farmers to Reduce Farm Insurance Premiums
Proven Strategies for Australian Farmers to Reduce Farm Insurance Premiums
Welcome to our comprehensive guide on navigating the complexities of farm insurance for Australian farmers. As an integral part of the agricultural industry, insurance provides a safety net that helps secure the livelihood of farmers against unpredictable events that can lead to financial hardship. From property damage due to natural disasters to loss of livestock or crops, having adequate farm insurance can make all the difference in keeping a farming operation afloat in times of crisis. - read more
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
Farming, at its core, is an enterprise fraught with uncertainty. Weather calamities, pests, diseases, and fluctuating market conditions can all impact the output and quality of produce. This is where crop insurance proves its worth, serving as a safety net for farmers against the myriad risks they face each season. - read more
Insurance for Hobby Farms: Finding the Right Coverage
Insurance for Hobby Farms: Finding the Right Coverage
Hobby farming has become increasingly popular in Australia, with many individuals and families embracing the joys of growing their own produce, raising livestock, and enjoying a rural lifestyle. Whether it's a small vegetable garden, a few chickens, or a larger mixed farming operation, hobby farms offer both relaxation and a connection to nature. - read more
Risk Management and Insurance Options for Farmers
Risk Management and Insurance Options for Farmers
Risk management is the practice of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. In farming, risk management involves various strategies to protect the financial health and operational stability of the farm. - read more
What Australian Farmers Should Know About Crop Insurance
What Australian Farmers Should Know About Crop Insurance
Crop insurance is a type of insurance policy designed to protect farmers from the financial losses that arise from damages to their crops. This could be due to various risks, including adverse weather conditions, pests, and diseases. - read more
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
Understanding Farm Equipment Insurance: A Breakdown for Australian Farmers
In the dynamic world of Australian agriculture, farm equipment plays a crucial role in the day-to-day operations of farms. From tractors to harvesters, having the right machinery means managing your farm more efficiently. However, the high value of this equipment makes it essential to protect it adequately through insurance. - read more
Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
Welcome to the first steps in future-proofing your farming legacy. When we think about the hustle and bustle of daily farm life, it's easy to overlook the critical importance of estate planning. For the Australian farmer, estate planning is not just a matter of securing your assets; it's about ensuring the survival and progression of your hard-earned labour to the next generation. - read more


Need a Quote?
Start your free farm insurance quote comparison here.
Farm Type:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Elimination Period:
The time period between an injury and the receipt of benefit payments from an insurer, particularly in disability insurance.