Thursday, 9th October 2014

The History of the Australian Bloodhorse

The People

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At Logans you can deal with our well respected principals or our dedicated and experienced staff who specialise in livestock insurance. Livestock insurance is all we do. Collectively we own, ride and race horses giving us an in depth understanding of your unique needs. Logans is a family run business started by Bob and Lorraine Logan and continues under their son Richard Logan as Managing Director and their daughter Mandy Logan as General Manager.

 

Richard Logan - B.Bus MBA ANZIIF (Fellow) CIP FNIBA QPIB W.Comp. Acc. Dip. Fin. Serv.

Managing Director

Richard holds a Bachelor of Business Degree and post graduate studies in Finance and Insurance from the University of Technology, Sydney. He is a Fellow of the Australian & New Zealand Institute of Insurance & Finance and a Certified Insurance Professional. He is a Fellow of the National Insurance Brokers Association of Australia and a Qualified Professional Insurance Broker.

Richard has over 20 years insurance brokering experience and has gained further experience in the London and New Zealand insurance markets.

He has completed a Masters Degree in Management at the Australian Graduate School of Management and has spoken at various tertiary institutions and professional bodies about horse and livestock insurance.

Richard has been involved in planning and implementing the insurance for many of Australia's leading studs, trainers, horse owners, agricultural farms and feedlots. He has a unique background and hands-on experience in the livestock industry.  (Mobile: 0418 244 345).

Richard has expertly managed the settlement of the largest equine claims in Australia. From $1500 to tens of millions, he takes great pride in making the claim process as streamlined as possbile, no matter who the client is.

 

Bob Logan  (1939 - 2007)

Founder & Livestock Insurance Pioneer

An insurance professional for over 40 years, Bob Logan founded Logans in the 1960's with his wife Lorraine Logan, they developed the niche market of livestock insurance, pioneering its delivery and professionalism in Australia achieving great respect internationally.  Logans is now recognised as one of the most successful and largest livestock insurance brokers in the world. Bob passed away suddenly in April 2007. This is an edited extract written by Brian Russell for the Bloodhorse Review at the time:

Bob Logan, one of the best known Australians involved in racing and breeding, collapsed with a brain haemorrhage at the Easter broodmare sales in Sydney late Friday afternoon and died at the neighbouring Prince of Wales hospital two days later at the age of 68 years. Bob, the founder with wife Lorraine of the Logan's insurance brokerage company,had earlier in the week overseen the arrangement of settlement of a $5million insurance claim on He's No Pie Eater, the exciting three-year-old who had to be put down following an injury the previous week.

Bob had rarely missed any horse sales for more than thirty years since he developed Logans into one of the most professionally operated and respected bloodstock sales insurance operation Australia has seen. It was a business that had a humble beginning, being sparked by a request from a major client for general insurance, Bob Lapointe, establisher of Kentucky Fried Chicken outlets in Australia, for coverage of his quarter horses.

Astutely, Bob followed up by travelling widely overseas and becoming associated with the world leading brokerage houses with big involvement in Europe and America. The knowledge he gained saw him become one of the great authorities on bloodstock insurance and play a big role in modernising racing and breeding insurance practice in Australia.

During his numerous trips to the northern hemisphere, Bob made many friends in racing and breeding, went racing in England, Ireland, France, Germany and America and was a guest at many major studs. He was on course in 1984 in Germany when Australian bred and owned Strawberry Road won a Group 1 race and when he finished fifth at Longchamp in the Prix de l'Arc de Triomphe after leading the field with 200metres to go.

Writing for The Australian in 2003 on why owners should have their horse insured, Logan maintained: "A thoroughbred horse is the most accident-prone animal on earth. During the Australian botulism episode a few years ago a prominent veterinarian commented that the common farmyard chook is more resistant to viruses and diseases than the average horse.