Mutuals see greater role in disaster resilience

16 March 2022

Mutuals can play a critical role in driving resilience and providing risk protection in catastrophe-prone areas and their benefits should be considered as part of policy discussions, an industry organisation says.

The Business Council of Co-operatives and Mutuals (BCCM) says disaster responses by co-operatives and member-owned businesses during the east coast floods have demonstrated the sector’s value in boosting resilience.

The group has called on Federal and State governments to establish a National Co-operative Disaster Recovery Centre of Excellence in Lismore to examine the sector’s role and to facilitate discussions as part of any strategy to “future-proof” vulnerable communities.

Read the full article, Mutuals see greater role in disaster resilience, in  InsuranceNews.com.au, 16 March 2022