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AALARA releases ‘urgent request for the survival of our industry’

AALARA releases ‘urgent request for the survival of our industry’
December 30, 2020

With industry operators impacted by insurance companies reducing or removing coverage, the Australian Amusement, Leisure and Recreation Association (AALARA) has issued a dramatic communication to stakeholders in relation to its efforts to establishing a member-owned, Discretionary Mutual Fund (DMF).

In what is introduces as “no ordinary AALARA email”, the Association writes “this is an urgent request for the survival of our industry.

“AALARA is urgently and diligently looking at establishing a member-owned, Discretionary Mutual Fund (DMF). Many of our fellow operators are uninsured at this present time, and many policies that are coming due will not be renewed.

“There is a market failure with insurance within our industry and a DMF is our industry's only option if we are to survive.

“We ask that you act upon this immediately.”

Providing a letter template that requires the filling in of business specific details, the letter will be used to help build AALARA’s case with governments.

AALARA’s communication adds “we are asking for a Government grant to create a vehicle that will ensure that our industry and members can operate for many, many years to come.

“This may not apply to you right now, however from all reports and trends, your (insurance) renewal may not be as guaranteed as you may think.”

A recent survey on business insurance by the Australian Industry (Ai Group) generated comments including “the insurance market is now to the stage where you will have no choice but to be uninsured. There is simply no market to get a quote in some circumstances.”

Click here to view the AALARA template letter.

Image used for illustrative purposes only.

Related Articles

29th December 2020 - Ombudsman’s report calls for action in addressing ‘national crisis’ in insurance coverage

10th December 2020 - Insurance crisis set to force closures of Australian attractions and adventure tourism businesses

18th November 2020 - AALARA takes action as attractions operators face public liability issues

16th November 2020 - Industry operators impacted by rising insurance premiums

22nd October 2020 - Festival promoters call for Federal Government insurance scheme

12th June 2020 - Insurance refusals impacting adventure tourism operators

27th May 2020 - AALARA releases guide for the reopening of Australia’s attractions industry

29th April 2020 - AALARA updates members on attractions sector challenges

25th March 2020 - AALARA releases COVID-19 Action Plan

24th February 2020 - AALARA highlights Australian theme parks’ ongoing safety commitments

4th February 2020 - Worksafe Queensland prosecution results in $50,000 fine following inflatable amusement ride injury

31st December 2019 - AALARA looks back on 2019 and forward to the New Year

28th June 2019 - Ardent Leisure facing potential $80 million liability in wake of Dreamworld inquest

4th September 2019 - Rider suffers suspected spinal injury at Royal Adelaide Show carnival

15th September 2018 - Commercial trampoline centre operators struggle to secure insurance

11th August 2018 - NT WorkSafe to investigate firework injury to Darwin Festival worker

6th June 2018 - High ropes company says schoolboy’s injury not due to its equipment

15th February 2018 - Injury experts call for mandatory regulation to improve indoor trampoline park safety

19th May 2015 - Perisher Blue escapes liability for skier’s injury but needs a new disclaimer

30th December 2014 - Queensland entrepreneur launches new adventure tourism insurance company


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