Capricorn Mutual

Your insurance alternative, operating solely for the benefit of its members

As a non-profit mutual established to provide Capricorn Society members and their associates a competitive alternative to insurance, Capricorn Mutual offers market leading protections tailored to the Motor Trades industry.

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. To read more about Capricorn Risk Services, please click here.

Specialist Products for your business

As a non-profit mutual established to provide Capricorn Society members and their associates a competitive alternative to insurance, Capricorn Mutual offers market leading protections tailored to the Motor Trades industry.

Exclusively for Capricorn Members, who can also earn 1.5 rewards points for every dollar spent on Capricorn Mutual products through their Capricorn account.

  • Business protections include
    • Business Buildings
    • Business Contents
    • Burglary
    • Money
    • Engineering
    • Business Interruption
    • General Property
    • Goods in Transit
    • Public & Products Liability
    • Professional Protection
    • Legal Expenses
    • Tax Audit
    • Commercial Vehicles
    • Customer Vehicles
    • Stock Vehicles
  • Personal protections include
    • Home Buildings
    • Home Contents
    • Private Motor Vehicles

The decision to grant protection to a member and the level of protection granted is subject to the discretion of the Board.


Protections are available through CML's tied-agent, Capricorn Risk Services (CRS). CRS Operates a dedicated network of supportive Account Managers across Australia and New Zealand. Contact CRS on the numbers below to see if CML products are the right solutions for you.

Contact one of our specialists today

Freecall AU

1800 007 022

Freecall NZ

0800 555 303

If you wish to raise a complaint please contact us at

complaints@capricornrisk.com


Contact Capricorn Risk Services

Your Personal Information

We value your privacy. We will use your details and any subsequently collected information for the purpose of providing you with information about the benefits of joining Capricorn and helping you become a Member, should you wish to do so. We can’t do this without your information. We won’t disclose your information to anyone outside of Capricorn and its related companies. We won’t disclose your information overseas. Your personal details will be maintained and used in accordance with the provisions of the Privacy Act and Capricorn’s Privacy Policy. If you do become a Member of Capricorn then we may use your information for additional purposes referred to in our Privacy Policy. Our Privacy Policy contains more information about how we handle information, including how you can access and correct your information or make a complaint. Our Privacy Policy is available online. For more information email privacy@capricorn.coop or phone 1800 327 437 (Australia) or 0800 401 444 (New Zealand) and ask to speak to our Privacy Officer.