The VMIA has announced premium changes effective 6 August 2024
Following a review of the sufficiency of DBI premiums, the VMIA has decided to increase premiums across all DBI policy types by 53% on average.
News & Events
Stay connected with your industry.LATEST NEWS
Vale Dele Omisore
It is with heavy hearts that we announce the passing of our beloved colleague Dele Omisore.
Growing your business with Domestic Building Insurance (DBI)
If you are a residential builder looking to grow your business, it is important to consider your domestic building insurance (DBI) limits, and to understand how to best position your business to achieve limit increases in the future.
BuildVic – Getting the Most out of the VMIA Online System
With this online platform, builders can say goodbye to the hassle of manual paperwork, and access an online system 24 hours a day, 7 days a week.
Understanding Domestic Building Insurance (DBI)
Within Victoria the insurance is available through a government backed insurer, the Victorian Managed Insurance Authority (VMIA), with Master Builders Insurance Brokers (MBIB) being a direct VMIA distributor of DBI.
Getting our hands dirty for a great cause!
On a very hot day, our team were involved with mural painting, planting garden beds, repairing and painting a pergola and installing much needed shade cloth.
Congratulations Nicola Benson on winning the Maria Karamalis Award!
The Maria Karamalis Award remembers and honours our past colleague and friend Maria who passed away in October 2020 after a stoic battle with breast cancer.
MBIB Office Closure
All Master Builders Insurance Brokers (MBIB) offices will be closed from Monday 9th – Wednesday 11th October.
VMIA changes to Domestic Building Insurance
Following a review of the sufficiency of DBI premiums, the VMIA has decided to increase premiums across all DBI policy types by 43% effective 1 September 2023.
Cybercriminals target construction companies
The growing risk of cyber-crime is widely reported in the media with cybercriminals using increasingly sophisticated methods to steal from businesses and individuals.
6 tips to minimise theft of tools and materials
Theft of tools and materials continues to be the most common claim type seen by Master Builders Insurance Brokers.
UPCOMING EVENTS
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PAST EVENTS
15 Feb
Domestic Building Insurance (DBI) Webinar
Whether you are just entering the residential construction industry or are well established and looking to grow, this session will contain something for you.
