18 June Stronger protection from REEF and Realcover June 18, 2016 By Reef Admin Professional indemnity insurance 0 REEF has formed a strategic alliance with Realcover, which is the only real estate industry-owned professional indemnity insurer in Australia. Realcover's policy carries additional coverage in the form of Employment Practices Liability (EPL) protection. Realcover’s professional indemnity insurance policy with EPL helps better protect your organisation against actual or alleged claims for employment-related matters such as: dismissal or termination breach of any oral or written, express or implied, employment contract false or misleading representation or advertising relating to employment failure to employ or promote unfair deprivation of a career opportunity unfair counselling or discipline negligent employee evaluation or performance assessment workplace harassment; denial of natural justice breach of privacy legislation unlawful discrimination REEF and Realcover will now be working together to obtain the best possible outcome for policy holders who are REEF members. Where your agency is a Realcover professional indemnity insurance policy holder and a financial member of REEF, you will receive a 50% reduction in the excess for any EPL claim. REEF and Realcover are proud to be providing an all-round industry approach to providing greater employment protection! For more information on Realcover’s professional indemnity insurance policy, call Realcover on 1800 990 312. Obviously conditions apply, so please refer to the Realcover policy for full coverage and exclusions. Related REEF President gives annual report at AGM At the recent AGM, REEF President Fred Andriessen presented his first annual report to members and shared some of REEF's big wins during 2016. A message from the CEO: What's happening at REEF It's hard to believe we're halfway through the year. What started as a busy year shows no sign of slowing down. Here's just a few things we've been focused on. A message from the CEO: Why REEF is ahead of the pack Do a quick Google search and you'll quickly find a long list of employment advisors out there who want to help you – for a hefty fee! – should you find yourself in hot water. But not all advisors are created equal. A message from the CEO: Beware changing REEF templates I always emphasise to members that they shouldn't change or modify REEF template employment agreements or commission structures without talking to us first. Why? The answer is simple. REEF Treasurer presents financial statements at AGM REEF's audited financial statements for 2016 were presented by Treasurer Paul Byrne at the recent AGM, outlining the achievement of a small surplus. Protecting confidential information from employee theft As agencies have come to rely more and more on technology, there's been an increase in employees taking important and confidential business information. Showing 0 Comment Comments are closed.