Helping companies to manage risk and implement pragmatic solutions for complex business issues and introduced Surety Bonds in Australia over 30 years ago
- Celebrating 45 Years of excellence 1979 – 2024
- Established in 1979 and at the forefront of the development of Specialised Risks into Australasia
- Awarded the National Association’s prestigious excellence award
- Divisions are headed up by qualified Senior Executives
- Teams are well known for their experience, industry knowledge and responsiveness. They develop an intimate knowledge of your business and understand your needs
- Key relationships with global partners. Their financial strength is reflected in Standard and Poor’s Financial ratings of A+ to AAA, the equivalent or better than Banks
- Responsible for the placement of major risks both in Australia and overseas
- Commitment is to market risk programmes aggressively and deliver value by obtaining the most competitive terms
- You are not dealing with a bureaucracy but rather a very personalised team of professionals
- Tailored Comprehensive Policy Wordings for the specific requirements of your company
- High ethical and professional standards
- Established track record of more than 45 years in providing industry leading solutions
- 100% Australian owned
- Introduced Surety Bonds in Australia
Political Risk
If your company has assets in emerging economies or are contemplating expansion into these countries, the opportunities for financial gain are virtually endless. Unfortunately, so are the risks. Confiscation, Expropriation, Forced Abandonment, potentially leading to Political upheaval. Rebellion. Insurrections and uprisings, and more, threatening not only your assets but your people.
When it comes to Political Risk insurance, you need the backing of a company that can do more than protect you against financial loss, should the worst happen.
You need a company with experience and resources. You need Stening Simpson, award-winning Specialised Risk Brokers since 1979.
Surety Bonds Australia
From construction to manufacturing, from mining to engineering, from infrastructure to civil works, the larger the project, the greater the risks. Which is why contractors are required to provide security to the Principal of a project.
With an established track record of more than 45 years in providing industry leading global Surety solutions, Stening Simpson will quickly assess your Surety requirements so you can confidently bid on the next project and know that you and the project’s Principal are covered.
We are a passionate team
What our customers are saying
Stening Simpson has shown superior technical, market and client knowledge. The creative and tailored solutions they apply have allowed clients to grow profitably and led to very satisfied clients who rely on Surety lines. We look forward to a long mutually rewarding relationship.
Stening Simpson is one of the most professional groups. They have been one of the primary reasons for our success due to them securing multiply facilities on our behalf at significantly reduced rates compared to our Bank Guarantee rate.
I have known the Stening Simpson team since 1999; for over 20 years. Through our Company’s Surety Bond facilities arranged by Stening Simpson, the late Peter Stening, Elaine Simpson and David Wright have always been supportive to our Company, our Surety Bond providers’ relationships, periodic facility renewals and our many day-to-day Surety Bond requirements. The Stening Simpson team has always acted professionally, respectfully and with a high level of excellent customer service and care.
The Stening Simpson Group of Companies and the Principals have been well known to me for the past 5 years. During this time Stening Simpson Group have proved to be companies of very high integrity with a commitment to their clients, seldom seen in today’s Business and Finance world. I have formed the very definite opinion that Stening Simpson offer a service second to none.
Stening Simpson have provided professional and prompt service over the 20 plus years we have been a client
The Stening Simpson Team are REAL people. Most difficult to find these days …………….
Our business relationship commenced with Stening Simpson in 1993 at a time when our company and the Construction Industry was suffering low turnover levels and competitive margins. Stening Simpson exhibited great skill and to a certain extent bravado in taking on our business at that time. This exemplified their understanding of the construction industry.Stening Simpson conduct their business in a professional, courteous and business-like manner and we recommend their services.
We worked extensively with Stening Simpson to pioneer the use of Insurance Bonds. They required very detailed costings, reporting on jobs, costs to date, costs to complete and cash flows. We were very good at that and so we satisfied the Broker’s requirements and secured good bonding lines and that enabled us, apart from the capital we raised, to get bigger įobs.
Kidnap, Extortion, Detention, Hijack
Our recent projects
Kidnap, Extortion, Detention, Hijack. In the time it takes you to read this, someone, somewhere will experience one of these events. The world has become an increasingly dangerous place and as your company expands globally your road warriors, overseas employees and corporate assets are increasingly vulnerable.
Worldwide there are two new kidnappings every hour and extortion threats by terrorists to poison a food or drug product or hackers to destroy key electronic data unless payment is made, are all too common.
Since 1979 Stening Simpson has distinguished itself by delivering superior Specialised Risk solutions to the International business community and are recognised for our in-depth knowledge of Kidnap & Ransom. The fact that many of our customers have been with the firm for 20 – 30 years, speaks for itself.
