After servicing clients in the Australian retail and petroleum markets for more than 20 years, Corporate Indemnity is rebranding as Petrobonds to more align with its product offering.

Director, John Gardiner, said people contacting the company usually ask to apply for a Petrobond – or Petroleum Bond – so the name change made sense.

As part of the rebrand, Petrobonds now sports a new logo and website

At the same time, the product has secured a new preferred underwriter in Liberty International Underwriters.

“Corporate Indemnity is the market leader in bonding for the petroleum industry and has built a reputation as a trusted, reputable source of advice and capacity for over 20 years,” John said,
“Petroleum Bonds are an alternative source of capital and replace the need for bank guarantee/letter of credit security. They are provided on an unsecured basis and allow retail and wholesale clients to maximise their working capital.

“Clients range from small family based retail site operators up to the largest wholesalers/resellers in our region. Bond facilities range from $50K up to multi-million dollar accounts.”

Liberty International Underwriters is a Fortune 100 Company that is recognised world-wide as a leading source of bonding capacity and product understanding
“We are honoured to be associated with such a respected international underwriter as Liberty International Underwriters. Liberty have an excellent product understanding and provide us with ample underwriting capacity for the Australian and New Zealand markets”.

The company encourages enquiries from ACAPMA members, and will be a presence at the 2015 National Conference & Expo as sponsors of the White Pool Party.