YNSW and Nautilus Marine announce launch of Insurance Package

by Louise Bashford on 4 Dec 2010 Yachting NSW (YNSW) and Nautilus Marine have combined forces to provide a quality yacht insurance policy that benefits sailing clubs and individual members throughout NSW.

• Sailing Clubs and their Members to be the primary beneficiaries
• Revenue from policies flow back to the policy holders Club and Yachting NSW
• Offers access to market leading insurance product, through special negotiated rate and coverage
• YNSW delivering tangible benefits to clubs and members…..a Step in the Right Direction

David Edwards, Senior VP of YNSW announced 'The initiative will be formally launched at Sail Sydney next week. This co-branded landmark insurance program has been designed to deliver benefits on multiple levels. The exciting news for Clubs is the Nautilus Marine backed YNSW insurance policy delivers unique and comprehensive benefits to Clubs and boat owners, with flow on benefits for the wider sailing fraternity: '

'The YNSW branded insurance product will give members the best opportunity to access market leading insurance, through the negotiated rate and coverage agreed between YNSW and Nautilus Marine. With every premium, there are funds which flow into YNSW, which will be shared equally with the policy holders’ club.'

'This is a fabulous new initiative where there are winners all round. YNSW is determined to be proactive in providing tangible benefits to its member clubs, and this is a significant step in this direction. We are proud to be partnering with Nautilus who share this vision with us. This product will direct vital funds to participating sailing clubs who in turn will be able to purchase equipment, run more sailing programs and generally have more funds at their disposal That’s the flow on effect for the sailing fraternity to drive growth in the longer term.'

Under the new YNSW yacht insurance scheme, participating members who sign up to have their yacht insured with YNSW - Nautilus Marine will have part of the premium paid back to YNSW. YNSW will then on forward a share of this to the policy holders nominated sailing club.

YNSW has approximately 125 clubs with over [20,000] individual members within its umbrella organisation.

Lyndon Turner, CEO of Nautilus Marine, regards the new commercial arrangement with YNSW as yet another innovative initiative for Nautilus Marine.

'We’re very happy to support YNSW and its members. Collectively we are working to ensure all members are covered by this scheme. ' Lyndon Turner said.

'YNSW put the concept to the insurance market and then selected Nautilus Marine as being the ideal partner to work with on this project. Yachties throughout NSW can look forward to seeing strong support coming from Nautilus Marine.'

As a new supporter of YNSW, the Nautilus Marine brand will also be seen in various YNSW publications and at various YNSW sailing events.

With over 125 years of marine insurance expertise between the senior Nautilus Marine executives, Nautilus Marine is absolutely committed to providing high levels of customer service, backed by local knowledge.

Nautilus Marine Insurance Agency (ABN 34 100 633 038 AFSL 227186) is a wholly Australian owned insurance agency that provides insurance programs for boat owners and for the marine industry. Nautilus Marine has offices across Australia.

For Further Information contact:
Mark Crockford
Nautilus Marine
28-32 George Street
SANDRINGHAM VIC 3191

T: 613-8599 5000
TOLL FREE: 1300 780 533
E. markc@nautilusinsurance.com.au
www.nautilusinsurance.com.au