Latest News

Back to Latest News back


Moving to address industry insurance crisis AALARA releases survey on Discretionary Mutual Fund

Moving to address industry insurance crisis AALARA releases survey on Discretionary Mutual Fund
May 3, 2021

Moving to address what it calls the “catastrophic consequences of a failing insurance market”, the Australian Amusement, Leisure and Recreation Association (AALARA) is calling on all of its members to complete an online survey on the issue.

In a communication to members and stakeholders, AALARA General Manager, Kristy Ahrens advised “in effort to overcome this issue, AALARA has entered into a partnership with Aon to establish an industry owned and operated discretionary mutual fund for the benefit of members.

“Mutuals offer an alternative to the traditional insurance product and are well established in Australia having been established over the years to respond to areas of the market were insurance was becoming difficult to obtain or was cost prohibitive. Mutuals are successfully operated by local councils, international restaurant chains, universities and motor trades.”

With Ahrens advising that “a critical first step in establishing the mutual is a feasibility study”, AALARA is calling on every member to complete an online survey.

Ahrens emphasises that “completing the survey does not mean a member is pre committed to join the mutual however allows Aon to evaluate risk and determining underwriter interest in working with the mutual.

“Participation in the feasibility study will help those members who need an alternative to traditional public liability insurance due to cost and or availability (and) if you don’t need the mutual yourself, you can help other members.”

All information provided will be held in confidence by Aon.

AALARA is assisting with the distribution of the survey which can be completed as well as asking those who complete the survey to complete a ‘letter of authority’.

The letter of authority allows Aon to request member claims history from current insurance providers. This information is not provided to AALARA.

Aon will be addressing the creation of industry mutual fund in presentations at the upcoming AALARA industry Roadshow events at Luna Park Melbourne on 5th May or Sea World Resort on 12th May.

Click here to complete the AALARA/Aon survey.

Click here to complete the Letter of Authority (external website).

Click here for information on AALARA's Melbourne and Gold Coast Roadshows and other attractions sector events in the Australasian Leisure Management industry Calendar.

Related Articles

23rd April 2021 - 2021 Sydney Royal Easter Show welcomes 800,000 attendees over its 12 days

22nd April 2021 - AALARA’s first Roadshow event addresses key industry issues with update on moves to establish discretionary mutual fund

21st April 2021 - Victorian Government releases $633 million ‘roadmap’ funding to boost tourism and major events

12th April 2021 - Failure to secure insurance see Australia’s last circus with exotic animals move to retire its lions and monkeys

11th April 2021 - NSW Premier ‘considering’ new inquest into fatal Luna Park Ghost Train fire

2nd April 2021 - Save Victorian Events highlight Bluesfest cancellation as confirmation of need for Governments to back event cancellation insurance

24th March 2021 - AALARA presents need for Federal Government backing for insurance crisis resolution at Canberra meetings

24th March 2021 - Sydney Showground gets approval to host up to 60,000 people a day for the Royal Easter Show

25th February 2021 - AALARA to replace single annual conference with one-day events in Sydney, Melbourne and on the Gold Coast

19th February 2021 - Queensland theme parks cut opening hours as guest numbers decline

12th February 2021 - Inability to secure insurance forces closure of Barra Fun Park in Townsville

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

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

14th November 2020 - Gold Coast theme parks move forward with new rides

5th June 2020 - Ardent and Village Roadshow look for early reopening of Gold Coast theme parks

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

Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.


supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Abel Sports

INTRODUCTION Abel Sports is Australia’s leading manufacturer and suppliers of Goal Posts, sports ground safety netting systems and coaches boxes for Stadiums ,Sports Clubs, Councils and…

read more

Recreation / Sport / Venues


TPEC Pool Enclosures

TPEC Pool Enclosures provide a large range of premium commercial and residential retractable swimming pool, spa and terrace enclosures throughout Australia, servicing residential, local government…

read more

Aquatics / Design / Recreation / Venues


SeatGeek Asia Pacific

SeatGeek is a search engine and mobile-focused ticket marketplace that allows fans to buy and sell tickets for live events. As of August 2018, SeatGeek has exited the Australian, New…

read more

Entertainment / Sport / Technology / Ticketing / Venues


Smart Connection Consultancy

Smart Connection Consultancy is a boutique sport and recreation consultancy who has become one of Australia’s leading advocates for the use of synthetic sports surfaces as a vehicle to grow…

read more

Consultants / Recreation / Sport / Surfaces


Fun Wheels Pty Ltd

Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…

read more

Attractions / Tourism / Venues


Otium Planning Group

Otium Planning Group is a contemporary sport and leisure consultancy providing services in planning, facility development, management and funding for the sport, recreation and leisure industries…

read more

Aquatics / Consultants / Recreation / Sport / Venues


Felton Industries

Felton Industries is Australia’s leading designer, manufacturer and supplier of quality outdoor furniture and has been supplying premium seating solutions for all sporting, commercial, community…

read more

Parks / Play / Recreation / Sport / Venues



Our team believes floors should be beautiful, comfortable, and engineered for safety, even when wet. Life Floor tiles meet six unique performance based standards: slip-resistance, impact absorption,…

read more

Aquatics / Play / Recreation / Safety / Surfaces


get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business