Australasia’s largest automotive cooperative, Capricorn, has been a part of the Australian and New Zealand automotive repair industry for almost five decades. In addition to the Trade Account, Travel, Capricorn Service Data and more, becoming a Capricorn Member also makes you eligible to become a Member of Capricorn Mutual, a mutual offering risk protection for automotive businesses.
According to Jim Glossat, CEO Capricorn Risk Services, “Having been involved exclusively in the automotive aftermarket industry for decades, we do have a far better understanding of the risk protection cover that our Members need. This has enabled us to structure custom made protection that ensures the strongest possible cover when it is needed.”
Designed exclusively to meet the unique needs of automotive businesses, Capricorn Mutual offers a range of risk protection options to cover all requirements.
General business, equipment and personal insurance products found in the market are very general and do not consider the intricacies of the automotive repair industry. Few businesses require the constant upgrading of equipment and technology needed to remain competitive, compared with today’s automotive repair and service industry.
Capricorn Mutual’s exclusive nature means it also puts Members first. “Being a Mutual – whereby Capricorn Members are the owners of the business as well as its customers, means that we can focus solely on our purpose, which is to support our Members in their greatest times of need, without having to worry about external investors wanting their share of the profits,” Mr Glossat stated.
“Any profits earned are invested back into the business in the form of additional products and improved pricing to ensure our Mutual provides a product that Capricorn Members need at a highly competitive price,” Mr Glossat added.
An additional benefit for Capricorn’s 25,000 plus Members is that all payments for CML protection are made through the Capricorn Trade Account, thereby earning Rewards Points.
To find out more about how you can access Capricorn Mutual protection that you can trust, or to become a Capricorn Member, visit www.capricorn.coop
