- Diploma of Financial Services (Financial Planning)
Ivan Bakin is the principal of IBAA Pty Ltd and Concept Wealth Solutions Pty Ltd, a Multi Aon Award winner who specialises in Risk insurance and has been advising on insurance products since 1993.
Risk insurance comprises of
- life insurance
- trauma insurance
- total and permanent disability insurance
- income protection insurance
- business expense disability insurance
- children’s trauma insurance
- superannuation funded strategies for risk insurance using specialised split insurance products
Specialising in one highly focused area for over 20 years has allowed Ivan to become familiar with key staff and high level management with most insurance companies which allows for a smooth transition of insurance products and claims processes. Having access and a great rapport with claims assessors and key management allows Ivan’s a claims history success rate to be industry desired.
The basic fundamental philosophy is that insurers do want to pay claims but are guided by a series of definitions and rules. Sometimes complex situations do not fit into a series of rules or definitions and claims expertise is required to help navigate these contracts to achieve a desired outcome. Ivan has had tremendous success in negotiating out of the ordinary settlements with insurers where a claim either was not eligible to be paid or due to unusual circumstances required knowledge of product benefits and definitions to achieve higher outcomes than expected.
Married with two children, Ivan’s keen interests are going to movies, personal renovating and fishing.