Swann Insurance : Everything you need to know

Headquarters address: 181 William St, Melbourne, Victoria 3000, Australia
Year established: 1956
Size (employees): 100+
Gross written premium: $13.3 billion (IAG, 2022)
Underwriting expertise: Motorcycle insurance
Key people: Julie Batch (Group Executive Direct Insurance at IAG)

 

About Swann Insurance
Swann Insurance is one of Australia’s leading providers of motorcycle insurance, offering comprehensive, third-party, and dirt bike policies directly to clients. It is among the several insurance brands under Insurance Australia Group (IAG) – the largest general insurer in Australia and New Zealand.

Swann caters to more than 200,000 policyholders across Australia, working alongside motorcycle dealers and manufacturers to provide coverages that help keep riders on the road.

The insurer boasts a rich history of sponsoring motorcycle events, including the Australian Motorcycle Grand Prix round in Phillip Island. It is also a proud supporter of prominent motorcycle personalities such as two-time MotoGP World Champion Casey Stoner and Aussie MotoGP rider Jack Miller, who is also a Swann Insurance Ambassador.

 

Swann motorcycle insurance coverage types

Standard coverage type

What it pays for

Comprehensive

  • The cost to repair or replace a motorcycle if it is accidentally damaged, in a total loss accident, stolen, or burnt anywhere in Australia
  • Legal liability to pay compensation for loss or damage to someone’s else property because of an accident

Third party, fire & theft (TPFT)

  • The cost to repair or replace a motorcycle if it is damaged by fire or stolen
  • Legal liability to pay compensation for loss or damage to someone’s else property because of an accident

Third party liability

Legal liability to pay compensation for loss or damage to someone’s else property because of an accident

Dirt bike cover

  • Damage or loss caused by fire and theft and up to 50% of the market value of the motorcycle for accidental damage
  • Designed for unregistered or registered for recreational use motorcycles only

 

Swann motorcycle insurance discounts

  • Rider training discount: For riders who have completed an advanced accredited rider training course
  • Security device discount: For bikes fitted with an electronic immobiliser or tracking device
  • Multi-motorcycle discount: For policyholders with two or more motorcycles under one insurance policy
  • Named rider discount: For policyholders with two or more motorcycles under one insurance policy and restrict the rider of the bike to the person named on the policy

 

Leadership at Swann

Julie Batch – group executive direct insurance at IAG
As group executive of direct insurance, Batch is responsible for IAG’s insurance brands, including NRMA Insurance, Rollin, SGIO, SGIC, and Swann. She was appointed to the post in March 2021.

Batch was formerly chief strategy and innovation officer and acting group executive intermediated insurance in Australia. She also served as the insurance giant’s chief customer officer. She joined IAG in 2005. Her previous roles within the company include chief analytics officer and chief risk officer in the firm’s direct insurance business. Earlier in her career, Batch has held senior roles in several reinsurance organisations, including Gen Re Australia, which is part of the Berkshire Hathaway Group.

Batch is a director of Gradient Institute, a not-for-profit organisation involved in the research, design, development, and adoption of ethical artificial intelligence systems. She was also previously the co-chair for the insurance stream of the United Nations Environment Programme Finance Initiative (UNEP FI PSI). Batch has a Master of Applied Finance and is a Fellow of ANZIIF.

 

Swann’s commitment to safety
As one of Australia’s leading motorcycle insurers, Swann is committed to reducing the number of motorcycle crashes across the country. It works closely with the IAG Research Centre, which carries out physical testing and data analysis to help lower the cost of insurance and improve the safety of riders. The company has also partnered with Consumer Rating and Assessment of Safety Helmets (CRASH), sharing test data that encourages riders to choose the right protection.

 

 

In the news

Should cyclists have insurance?

GUIDES

Should cyclists have insurance?

Whether used as a mode of transportation or hobby, cycling is already part of the usual traffic on Australian roads. Should cyclists have insurance? Find out here

IAG back-pays workers $37 million

INSURANCE NEWS

IAG back-pays workers $37 million

Nearly 20,000 workers underpaid

QBE, ANZ, OnePath class action targets 440,000 Australians

INSURANCE NEWS

QBE, ANZ, OnePath class action targets 440,000 Australians

Federal Court issues notices on another Slater and Gordon class action against big bank, insurers

IAG to settle class action for AU$138 million

INSURANCE NEWS

IAG to settle class action for AU$138 million

Case involves two subsidiaries

IAG "could have acted earlier" on junk add-on

INSURANCE NEWS

IAG "could have acted earlier" on junk add-on

Financial industry's grilling represented a catalyst for change

Keep up with the latest news and events

Join our mailing list, it’s free!