06 Dec 2023

Flex Insurance appoints Shane Schneider as Head of Underwriting to further enhance its product and service delivery.

Flex Insurance is proud to announce the appointment of Shane Schneider as the new Head of Underwriting, a strategic move coinciding with the brand approaching its 5th anniversary.

Shane's extensive industry experience and leadership track record will be a positive asset as Flex Insurance continues its growth trajectory.

Shane brings a wealth of knowledge to Flex Insurance, with over 30 years’ experience in insurance. Shane joined CHU in 2021 as an Underwriting Manager for QLD/NT and was then promoted to the role of Business Initiatives and Special Projects within the CHU National Underwriting team.

Shane holds an MBA in Insurance from Deakin University and has earned Fellowship status with the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). His broad international experience and deep understanding of the industry make him well-suited to lead Flex Insurance's underwriting initiatives.

Shane commented:

“I am excited about the prospect of shaping the future of Flex Insurance around the three core areas – flexibility, fast service and factual underwriting decision making. This is an exciting time to be part of the Flex journey”.

Frank Scamarcia, Flex Insurance General Manager said:

“Flex Insurance has been a pioneer in adopting a digital-first approach to strata insurance, aiming to make the process more efficient, flexible and user-friendly for property owners, strata managers and insurance brokers. Shane is a welcome addition in preparation for the growth of Flex into the future.”

CHUiSAVER Underwriting Agency Pty Ltd (ABN 85 613 645 239, AFSL 491113) trading as Flex Insurance acts under a binding authority as an agent for certain underwriters at Lloyd’s and QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545), the insurers of the products.

Terms, conditions, limits and exclusions apply to the products referred to above. Any advice contained on this website is general advice only and has been prepared without taking into account your objectives, financial situation or needs. Before making a decision to purchase the product or to continue to hold the product we recommend that you consider whether it is appropriate for your circumstances and read the Product Disclosure Statement (‘PDS’), Target Market Determination (‘TMD’) and Financial Services Guide (‘FSG’), which can be which can be viewed on this website or obtained by contacting Flex Insurance directly.

Flex Insurance is a wholly owned subsidiary of CHU Underwriting Agencies Pty Ltd (ABN 18 001 580 070, AFSL 243261) (‘CHU’). CHU is a wholly owned subsidiary of Steadfast Group Ltd (ABN 98 073 659 677) (‘SGL’). SGL may receive a professional services fee (‘PSF’) from insurers, premium funders and underwriting agencies such as Flex Insurance and CHU (‘Partner’) for access to regulatory and compliance support; marketing and communications; data insights; and access to technology platforms. The PSF is an agreed amount between SGL and the relevant Partner, usually annually. The PSF is not determined by the volume of the business that the Steadfast Network brokers place, nor is the amount of the PSF known to the Steadfast Network Brokers, so it is not able to influence recommendations to their clients.

Flex Insurance may have access to shared services from SGL, including: compliance tools; procedures; manuals and training; legal; HR banking; and group purchasing arrangements. These services are funded by SGL, subsidised by SGL or SGL receives a fee for them. SGL’s FSG is available at www.steadfast.com.au or on request by telephoning SGL’s Company Secretary on +61 2 9495 6500.

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