Risk Protection is an alternative to insurance that is only offered by Discretionary Mutual Funds.
As a Mutual, Our Ark is owned by its customers which includes child care providers, community housing, aboriginal land councils, churches, aged & NDIS care providers, charities, community groups, not for profit groups and more.
Our Ark provides industrial special risk protection, including commercial property and contents, with broad inclusions based upon the type of services or activities provided by the community-connected organisation.
It's not insurance, it's an insurance alternative that caters for specific types of organisations that support local communities.
After receiving a renewal with a 500% increase, one Anglican Diocese had no alternative other than to operate with uninsured buildings.
After hearing similar stories from other organisations, this Diocese sponsored the creation of Our Ark - a discretionary mutual for all organisations that connect communities together.
Now Our Ark protects community-centric organisations across Australia including community housing, child care centres, land councils, regional accommodation providers, charities, others churches, other religious groups and more.
One of the biggest myths that lingers about Discretionary Mutuals is that they are for bad risks or the uninsurable. When in fact, the opposite it true.
read more >Discretionary mutual Our Ark has signed up its 100th member three years after its launch in December 2020, and now protects about $2.5 billion of assets across the country.
read more >A list of useful articles and key resources to assist with readiness planning for weather and other peril related events.
read more >Our Ark acknowledges the Traditional Custodians of the land on which we operate, live, and gather as employees, and recognise their continuing connection to land, water and community. We pay respect to Elders past and present.
