ACCC Approves Uniting Church's National Insurance Purchasing Program

Historically, individual Uniting Church regional councils, known as synods, along with the national body, have independently procured insurance through various brokers and insurers. This decentralised approach covered a wide array of services, including churches, schools, health services, aged care, and social services.

Under the newly approved national insurance program, a single broker will source coverage across multiple areas, such as property, motor fleet, public products liability, professional indemnity, crime, employment practices liability, accident, and travel. This consolidation is expected to streamline the insurance process, leading to cost savings and more cohesive coverage.

The Uniting Church initially received ACCC authorisation for this program in 2019. However, full implementation was delayed due to the COVID-19 pandemic and restructuring within the synods. With the recent approval, the Church is now poised to fully adopt the program, aiming to enhance the efficiency and affordability of its insurance coverage.

The ACCC's decision was based on the assessment that the program is likely to bring public benefits, with minimal, if any, detriments. By centralising insurance procurement, the Uniting Church anticipates not only financial savings but also improved risk management and consistency in coverage across its various entities.

This development underscores the potential advantages of collective insurance purchasing strategies, particularly for large organisations with diverse operations. By leveraging their collective bargaining power, such entities can achieve more favourable terms, reduce administrative burdens, and enhance overall risk management.