Staff Reporter
Australia’s insurers have already received thousands of claims stemming from the storms and flooding associated with ex-tropical cyclone Oswald.
According to a statement from Suncorp, the lender has received 4,500 claims in the past few days and expects to receive a lot more before the week is over.
Suncorp personal insurance chief executive officer Mark Milliner said the immediate priority was assisting customers.
Suncorp’s major claims event processes are underway and additional claims and assessing resources, including mobile customer response teams, have been deployed to the affected areas.
Customers who have not yet lodged a claim are encouraged to do so as quickly as possible.
Suncorp makes provisions for natural hazards and has an allowance of $520 million for events in the 2013 financial year.
