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Indemnities and insurance premiums of officers
During 2018-19, ARENA was a member of the Comcover self-managed fund, which includes cover for directors and officers against liability claims. The premium paid for ARENA’s insurance policy was $162,885 (excluding GST).
ARENA has entered into a Deed of Indemnity, Access and Insurance with each Board member (with the exception of the Secretary of the Department) and the CEO of ARENA. The purpose of this deed is to provide Board members with certain document access rights and additional indemnity and insurance coverage.