A New MDA Guru! - Greg Hansen - PI Insurance Speclialist
The team at MDA Guru is excited to announce a new Associate is joining our team! We are thrilled to announce that Greg Hansen has come on board to help the MDA Guru team complete the final piece in the MDA Puzzle when starting up and maintaining an MDA.
Greg brings with him a wealth of knowledge and experience in the Professional Indemnity Insurance business which must be seriously considered before embarking into the world of MDAs. Professional Indemnity Insurance is a minimum requirement for an MDA under RG126 and can often be the key piece when considering to progress further.
Greg is a Director and partner of Austbrokers Countrywide who is a General Insurance Broker that specialises in the placement of Professional Indemnity and Directors Liability Insurance for AFSL Holders. Greg’s career commenced working for Insurance Companies and pricing professional indemnity insurance for AFSL Holders. This role delivered a great insight into what sort of litigation and claims were occurring against financial planning firms and indeed financial institutions. Acting previously for Insurance Companies and now as an Insurance Broker, Greg is regularly requested to deliver talks to associations and company boards on director liabilities and the professional exposures of an AFSL Holder.
An MDA is typically excluded when it comes to the standard Professional Indemnity Insurance policy. Greg has expertise in understanding the MDA process and explaining this to the Insurers so that appropriate Professional Indemnity Insurance can be arranged which complies with RG126. He also has great insights into the particular areas where financial planners are caught up in costly disputes and litigation. Greg can assist with ensuring your compliance regime and procedures align to the professional indemnity insurance that has been purchased.
We look forward to working with Greg as he joins our team of professionals that are here to help advisers and licensees achieve their goals and further enhance their client experience. We are only a quick phone call away and are always happy to help.