As part of the Product Design and Distribution Obligations (DDO), insurers and other issuers of financial products are now required to create written Target Market Determinations (TMDs) for all products which require a Product Disclosure Statement (PDS).

TMDs describe a class of Retail Clients that are the insurer's/ issuer's target market for the product and specify any conditions and restrictions on the distribution of retail products, any events and circumstances that would reasonably suggest the TMD is no longer appropriate and the reporting periods for when complaints about the product should be provided to the insurer/issuer. The TMD must be publicly available.

From 5th October 2021, insurers and insurance brokers, such as Lockton, must ensure that any Retail Client that is sold a product with a PDS, is within the target market prescribed by the insurer/ issuer of the policy.

The links below set out the TMDs created by insurers/issuers who underwrite the relevant products distributed by Lockton. If the insurer of your relevant policy is not on this list, please contact your broker or visit the insurer’s webpage.

360 Accident And Health Pty Ltd (opens a new window)

A
Accident & Health International Underwriting Ltd (opens a new window)
AFA Insurance Pty Ltd (opens a new window)
Agile Underwriting Services Pty Ltd (opens a new window)
AIG Australia Limited (opens a new window)
AirCrew Insurance Pty Ltd (opens a new window)
Allianz Australia Insurance Limited (opens a new window)
Allied World Assurance Company Ltd (opens a new window)
Anchorage Marine Underwriting Agency Pty Ltd (opens a new window)
Ansvar Pty Ltd (opens a new window)
Arch Underwriting At Lloyds (Aust) Pty Ltd (opens a new window)
ATC INSURANCE SOLUTIONS (opens a new window)
Axis Underwriting (opens a new window)

B
Berkshire Hathaway Specialty Insurance (opens a new window)
Blue Zebra Insurance Pty Ltd (opens a new window)

C
CHU Underwriting Agencies Pty Ltd (opens a new window)
Chubb Insurance Australia Limited (opens a new window)
CIL Insurance (opens a new window)
Club Marine Limited (opens a new window)
Coast Insurance Pty Ltd (opens a new window)
Community Underwriting Agency Pty Limited (opens a new window)
Cover-More Travel Insurance (opens a new window)

D
Dawes Underwriting Australia Pty Ltd (opens a new window)
Dual Australia Pty Ltd (opens a new window)

E
Edge Underwriting Pty Ltd - Group Personal Accident (opens a new window)
Edge Underwriting Pty Ltd - Corporate Travel (opens a new window)
ENTHUSIAST UNDERWITING PTY LTD (opens a new window)

G
GIO General Insurance Ltd (opens a new window)
GT Insurance (opens a new window)
Guild Insurance Limited (opens a new window)

H
HDI Global SE, Australia (opens a new window)
High Street Underwriting Agency Limited (opens a new window)
Hiller Marine Pty Ltd (opens a new window)

I
Insurance Australia Limited (T/as CGU) (opens a new window)
Integrity Life Australia Limited (opens a new window)

L
Liberty Specialty Markets (opens a new window)
Mansions Of Australia Pty Ltd (opens a new window)

M
MB Insurance Group Pty Ltd (opens a new window)

N
National Transport Insurance (opens a new window)
NM Insurance (opens a new window)

O
One Underwriting Pty Ltd - Personal Accident (opens a new window)
One Underwriting Pty Ltd - Plant and Equipment (opens a new window)
One Underwriting Pty Ltd - Private Motor Vehicle (opens a new window)

P
Pen Underwriting Pty Ltd (opens a new window)
Point Insurnace (opens a new window)
Precision Underwriting Pty Ltd (opens a new window)
Protecsure Pty Ltd (opens a new window)

Q
QBE Insurance (Australia) Ltd (opens a new window)
Quantum Underwriting Agencies Pty Ltd (opens a new window)

R
Redsky Insurance (opens a new window)
Richard Oliver Underwriting Managers Pty Ltd (opens a new window)
Rural Affinity Insurance Agency Pty Ltd (opens a new window)

S
Solution Underwriting Agency Pty Ltd (opens a new window)
Specialist Underwriting Agencies (opens a new window)
Sports Underwriting Australia Pty Ltd (opens a new window)
Sportscover Australia Pty Ltd (opens a new window)
St George Underwriting Agency (opens a new window)
Suncorp Insurance Ltd (opens a new window)
Sunderland Marine Insurance Company Limited (opens a new window)
Sura Motor Dealers (opens a new window)

T
Tal Life Limited (opens a new window)
Territory Insurance Office (opens a new window)

V
Vero Insurance Limited (opens a new window)

W
WFI Insurance Limited (opens a new window)

Z
Zurich Australian Insurance Limited (opens a new window)