The finance and insurance sector in Australia offers a diverse range of goods and services, from everyday banking to travel insurance for your next holiday. There’s also a wide range of businesses that offer finance and insurance services. These include international banking firms and local credit unions, insurance brokers and financial advice specialists. Financial services also include personal and business loans, while insurance services include a wide range of insurance policies, from income protection to home contents insurance.
Both individuals and businesses benefit from the financial services of large and small financial companies. Banks, credit unions and other financial institutions provide valuable financial support for small and large businesses, families and individuals in the form of small business loans, housing loans and personal loans. Financial institutions also provide a range of others services, including personal and business banking, financial planning advice and superannuation management. Other types of businesses also provide finance services. For example, accountants provide tax advice and prepare tax returns, while Chartered Practicing Accountants (CPAs) also help small and large businesses with strategic planning.
Other services in the finance sector include: financial planning, business brokers, investment services, auditing, superannuation, rollover and annuity consultants, shipping companies and agents, and customs brokers.
Both individuals and businesses at some stage need to take out insurance coverage for a wide range of reasons. This might include including travel insurance for holidays, home and contents insurance, third party and comprehensive car insurance, life insurance and income insurance for small business. Insurance brokers differ from insurance companies. Instead of offering insurance from only one company, their job is to understand a wider range of insurance policies, and match your needs to the most economical and suitable one for you. Insurance companies offer their own brand of insurance policies. Some specialise in a certain type of policy, such as insurance for seniors or motor insurance. Insurance underwriters are usually large companies that provide underwriting for insurance companies, much like 'insurance for the insurers'.
Insurance services include: health and life insurance, travel insurance, income protection insurance, house and car insurance, business third party and comprehensive insurance.
For the most comprehensive listing of finance and insurance services, search Yellow Pages.