Capricorn Mutual Employee Directory

Capricorn Mutual Limited (CML) (ACN 104 601 194) was formed in 2003 exclusively for members of Capricorn Society, offering a commercially feasible alternative to insurance. A mutual is an association of people with common risks or goals who pool financial resources to meet common financial obligations. Mutuals have a long and proud history in many... countries and continue to grow in popularity today due to their ability to provide significant benefits and savings. CML is a discretionary mutual and unlike an insurance company, operates as a non-profit entity solely for the benefit of its members. As a discretionary mutual, the CML Board exercise a number of discretions including membership admittance, scope of protections and claims decisions. CML holds an Australian Financial Services License (AFSL 230038) and is regulated as a financial services provider by the Australian Securities & Investment Commission (ASIC). CML has appointed Capricorn Mutual Management Pty Ltd (CMM)(ACN 129 143 479)(CAR 324456) as a corporate authorised representative to manage its operations including administrative services. CML has appointed Capricorn Risk Services Pty Ltd (CRS)(ACN 111 632 789)(CAR 460893) as a corporate authorised representative to provide financial services on its behalf relating to sales promotion, distribution and servicing of protection.Read More