An alternative approach to insurance.

KJ Risk Group is a risk consultant and insurance broker specialising in Discretionary Mutual Funds (DMFs), corporate and private insurance broking as well as workers compensation.

We specialise in DMFs, an alternative approach to insurance. Rather than simply transferring risk to insurance companies, we set up funds for business owners that share a common risk profile. This collaborative approach gives our clients the ability to retain and control their risk, the goal being to lower claims and lower costs. In contrast to traditional insurance, a DMF is established using client funds, is owned by those clients and run for their benefit.

As well as managing DMFs, we are experts in Corporate Insurance Broking, Workers Compensation and Private Client Insurance Broking. One of our key philosophies is to take a highly personalised and customised approach to the design and management of corporate insurance programs and private asset portfolios, even extending this into the protection of our client’s families.

We work closely with all the major Australasian insurers and the global market as a whole.

KJ Risk Group specialise in DMFs, a collaborative fund set up by businesses with a common risk profile offering an alternative approach to traditional insurance schemes.

KJ Risk Group is a part of the AUB Group network, a unique owner-driver partnership model that enables us to specialise and stay focused on delivering bespoke insurance services whilst benefiting from AUB’s operational support and strength.

AUB Group Partnership

I would recommend the DMF model to any organisation or business who is looking for an alternate model of managing risk. KJ Risk Group tailored a unique DMF for VIPA exclusively for our members, their focus and attention to detail has ensured our members claims are managed efficiently with a process that is transparent every step of the way.

Warwick Renton-Gibb, VIPA General Manager

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Who we are

Personal Advice, Professional Service

Established in 2012, KJ Risk Group has developed long-standing and trusted relationships with our clients providing them with risk management and insurance broking services for their business, investment and/or private portfolios.

We specialise in Discretionary Mutual Funds (DMFs), an alternative approach to insurance. Rather than simply transferring risk to insurance companies, we set up funds for business owners that share a common risk profile. This collaborative approach gives our clients the ability to retain and control their risk, the goal being to lower claims and lower costs. In contrast to traditional insurance, a DMF is constituted from clients funds, is owned by those clients and run for their benefit.

As well as managing DMFs, we are experts in Corporate Insurance Broking, Private Client Insurance Broking and Workers Compensation. We take a highly personalised and customised approach to the design and management of corporate insurance programs and private asset portfolios, even extending this into the protection of our client’s families.

We work closely with all the major Australasian insurers and the global market as a whole.

We are a partner with ASX-listed Austbrokers (AUB Group), a unique owner-driver partnership model that enables us to specialise and stay focused on delivering bespoke insurance services whilst benefiting from AUB’s operational support and strength.

AUB Group is the leading equity-based risk management, advice and solutions provider in Australasia. A top 250 ASX listed company, AUB Group comprises 75 equity businesses that form leading insurance broking networks (Austbrokers and NZbrokers), underwriting agencies (SURA) and specialist risk services. Serviced through partners, the group represents more than 450,000 clients, 3,000 employees, across 220 locations.

Justin Niven

Managing Director

With over 15 years working in the insurance industry, Justin Niven is one of Australia’s leading experts in the design, implementation and operation of Discretionary Mutual Funds.

Justin co-founded KJ Risk Group in 2012, and is a Responsible Manager on multiple Australian Financial Services Licences (AFSL). He has also held a range of other Directorships of AFS Licenced entities over the years. Prior to establishing KJ, Justin held senior client servicing roles at Marsh Ltd.

Justin holds a Bachelor of Commerce (Accounting) and a Graduate Diploma of Applied Finance and Investments.

Nigel Thomas

Director

Mr Thomas has more than 33 years’ experience in the insurance industry, most recently working as a CEO of Austbrokers for AUB Group. He joined AUB Group from Hunter Premium Funding where his expertise and role as General Manager contributed to a highly successful business. He has now worked with KJ for over three years across their various DMF clients.
Nigel previously worked as Manager Asia Pacific at Somerset Asia Pacific for three years and has held senior roles with AIG, Suncorp, Cigna Insurance and Reed Stenhouse.

Jenny Shi

Financial Accountant

Jenny has over 10 years’ experience in financial service industry and hold a Bachelor of Commerce – Accounting from Macquarie University

She has extensive experience in Accounting for large Financial Institutions, and has been the Company Secretary and Management Accountant for one of KJ’s Discretionary Mutual Fund’s since 2012. Jenny specialises in the financial management of DMF’s.

Kate Rickards

Manager – Client Services and Private Client Group

Kate has 30 years Insurance experience in Australia in roles within insurers and clients.

Kate has particular experience with Personal Injury Liability matters, and Risk Management in warehousing, retail and logistics.

Kate holds a Diploma of Financial Services (Broking) and a Diploma of Business (Frontline Management – UNE Partnerships)

Craig Cunnion

Manager - Workers Compensation

Craig has 17 years’ workers’ compensation experience, with the most recent 8 working for a large global broker as a Principal, providing coverage across all States and Territories of Australia.
With a passion for claims and injury management Craig prides himself on being able to identify and deliver unique claims strategies resulting in reduced risk and expenditure.

Tom Patterson

Manager - Workers Compensation Expert

Tom is a tertiary qualified industry professional with over 10 years of experience within the workers’ compensation industry throughout Australia. He has spent the past 5 years working with a large global brokerage firm as a Senior Risk Consultant in workers’ compensation.
Tom has vast experience in managing the workers’ compensation programs of some of Australia’s largest employers and prides himself on his technical expertise, commercial acumen and ability to establish long and prosperous working relationships.

Galileo (Leo) Jobli

Information Technology

Leo has more than 10 years’ experience in information technology with expertise in developing client web portals using Microsoft Technologies.

Leo manages KJ Risk Group internal systems, infrastructures and provides solutions to KJ constantly changing IT requirements.

Leo holds a Bachelor of Science Degree in Information and Computer Science.

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services

What matters to you, matters to us.

Our clients enjoy a highly personalised and bespoke service. We offer business owners and individuals a single point of contact for all of their business, investment and personal insurance needs saving time and effort.

Our partnership style service ensures our clients understand how their risk can first and foremost be mitigated, rather than transferred or avoided. We’re about giving the power back to our clients when it comes to risk management and believe insurance is something that should enable businesses to grow and prosper, rather than become an unavoidable cost on a balance sheet.

Specialising in Discretionary Mutual Funds (DMF’s), corporate insurance, workers compensation and private insurance broking we work closely with all the major Australasian insurers and the global market as a whole.

Discretionary Mutual
Fund Management

A Discretionary Mutual Fund (DMF) is a financial vehicle for the management of risk. It is essentially a collaborative fund with business owners that share a common risk profile and are often established by companies or associations with a common business purpose.

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Corporate Insurance
Broking Services

Large or small, all businesses have inherent risks, including its physical assets, liabilities or the internal business activities of its people. It’s only when the unexpected happens that the right insurance program becomes critical, allowing your business to continue with minimal disruption and financial impact.

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Workers Compensation Consulting

For many businesses Workers’ Compensation premiums are a significant cost, sometimes rivaling the size of their general insurance premiums.  Workers’ Compensation is not only a significant cost to businesses, it is complex, as there are different Workers’ Compensation jurisdictions in each state and territory of Australia. 

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Private Client Broking Services

We provide private clients with high value assets the gold class in insurance broking services, protecting everything outside their business including their investment portfolio, prestige vehicles and collectables, pleasure craft vessels, household assets and most importantly their family.

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Austbrokers Life Solutions

Family and lifestyle are important to most people. As your insurance broker of choice, we can refer you to options to consider that can protect you and your family when it matters.

We have an agreement with Austbrokers Life Pty Ltd and *Suncorp to provide referral services in relation to Austbrokers Life Solutions insurance, which has the option to provide Death Cover, Income Protection Cover, Serious Illness Cover and Kids Cover in the one policy.

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VIPA Financial Services & Austbrokers Life Solutions

If you are a current VIPA member, we have an Agreement with Austbrokers Life Pty Ltd and Suncorp to provide referral services in relation to Austbrokers Life Solutions insurance.

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Committed to the community

KJ Risk Group is a proud supporter of Ronald McDonald House Charities Australia (RMHC), an independent charity that helps seriously ill children and their families.
 Find out more. 

Get in Touch

Like to know how we can help your business? Please get in touch.

Address:

Suite 303/115 Military Road
Neutral Bay, Sydney, NSW 2089

PO Box 2017
Neutral Bay Junction, NSW 2089

Phone: (02) 8968 2000
Fax: (02) 8968 2099