Showcase of Selected Picnic Projects

A showcase of Picnic designed, launched and managed Discretionary Mutuals.

Some projects and Mutuals that are live remain commercial-in-confidence.

Our Ark Mutual

Our Ark is BYOCustomer+ Discretionary Mutual created to provide risk protection to organisations that build & connect communities together.

Its providing an alternative to ISR insurance for commercial property, contents, money, equipment breakdown and business interruption.

Learn more about the BYOCustomer+ approach.

Launched in 2020, it's protecting community-centric organisations across Australia.

Visit Our Ark Mutual.

Project - Our Ark Mutual - for community connecting organisations
Turo Travels Mutual - protecting Turo hosts & guests in Australia.

Turo Travels Mutual

Turo is the world's largest car sharing marketplace.

Launched in Australia in November 2022, the Turo Travels Mutual provides protection for both guests & hosts for every trip.

This discretionary mutual is an example of the Picnic BYOCustomer approach.

Learn more about the BYOCustomer approach.

Visit Turo.

Our Guard Mutual

Our Guard is designed for the Customer Owned Banking community in Australia, to provide a range of financial lines solutions and options for Directors & Officers, Professional Indemnity and Fraud.

Designed with industry to find a viable solution for the industry. Our Guard has been created under the Picnic BYOCustomer+ approach.

Picnic Broking was created to provide assistance with specialist broking services only to local insurance brokers and Customer Owned Authorised Deposit-taking Institutions (ADIs) in Australia.

Learn more about the BYOCustomer+ approach.

Visit Our Guard.

Project - Our Guard Mutual for Customer Owned Banks

Sharing Platform

Working with a major global brand, Picnic was engaged to manage its BYOCustomer Mutual for its Australian business operations in 2023.

This Mutual forms a vital part of the platform's operations in Australia.

Learn more about the differences in Picnic Approach to designing insurance alternatives, risk transfer solutions and discretionary mutual funds.

Retail Group

A broker with an established relationship with a retail group was seeking an alternative to insurance to protect buildings, contents and business interruption.

In 2023, working with the broker and their client, Picnic designed a BYOCustomer Mutual to provide a flexibile solution that enables effective risk management across all assets with purpose-designed risk protection products.

As well as having the Mutual's risk protection products, eligible Members are provided Cyclone Insurance policies that are issued by Picnic Underwriting as agent for Pacific International Insurance Pty Limited, ACN 169 311 193 (AFSL: 523921) and are reinsured by the Australian Reinsurance Pool Corporation (ARPC).

Learn more about the BYOCustomer approach.

Global Organisation

A large global organisation offers a wide range of risk protection products across New Zealand, Australia and the UK.

Picnic manages the BYOCustomer Mutual for this organisation in these countries. This flexible, sophisticated system enables the  organisation to actively compete and grow its global footprint.

Learn about the differences in Picnic Approach to designing insurance alternatives, risk transfer solutions and discretionary mutual funds.

Buying Group

An Australian faith based organisation had a long established group buying arrangement coordinated by the National Office.

The Buying Group established a Mutual in 2023 to provide an alternative to insurance to its state based counterparts.

Picnic worked with the National Office to expedite the design of this BYOCustomer Mutual. The National Office is managing the Mutual.

Learn more about the BYOCustomer approach.

New mutuals in development from Picnic Labs

Others

Picnic is currently working on a range of BYOCustomer and BYOCustomer+ mutuals that will provide risk protection as an alternative to insurance for communities, industries and organisations.

Learn more about the differences in Picnic Approach to designing insurance alternatives, risk transfer solutions and discretionary mutual funds.

Learn more about how we find solutions to meet the needs of each organisation, industry or community.

Picnic acknowledges the Traditional Custodians of the land on which we work, live, and gather as employees, and recognise their continuing connection to land, water and community. We pay respect to Elders past and present.
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