Guild Insurance Limited

In 1961, a South Australian pharmacist, Mr Alan A Russell OBE, met a distressed hairdresser. She told him a customer had slipped in her shop and was suing her and that she had no public liability insurance. It was then, Mr Russell begun imagining pharmacists being placed in the same position and recognised the opportunity to provide a vital service. He put the idea to the National Council of the Federated Pharmaceutical Services Guild of Australia (now The Pharmacy Guild of Australia). The Council agreed in principle that they should establish an Australia-wide insurance facility that would provide specialised insurance cover against all the risks of running a pharmacy. It was in 1963, Guild Insurance Limited was established, with Alan Russell as its first Chairman of Directors, and the Guild's Secretary, Mr Tom Evans as Company Secretary. Guild Group has been providing general insurance services to pharmacists since its inception in 1963. Since then, we have expanded our expertise to meet the insurance, superannuation and legal needs of a wide range of professional groups.