Company Update: Bellrock NSW granted variation to AFSL to incorporate handling & settling of insurance claims
Bellrock Broking NSW is proud to announce we have been granted a variation to our AFSL to incorporate the handling and settling of insurance claims effective 3 December 2021.
“This successful authorisation from ASIC is a significant milestone for Bellrock, and gives further certainty to clients regarding our strengths and capabilities across the claims advocacy services we provide.” Says Director of Claims, Mat Holland.
The application was required by the regulatory changes brought by the Hayne Royal Commission. Saliently this involved an amendment to chapter 7 of the Corporations Act 2001 (Cth) to include insurance claims handling as a financial service.
Securing this license authorisation formally recognises Bellrock, and in particular our Claim Director’s experience and expertise.
Mat says “We look forward to continuing to provide a seamless claims experience for our clients. Our proven track record of successful outcomes is paramount to our service offering. Having this formally recognised in our license affirms our expertise in this area.”