Suncorp CEO John Mulcahy has been appointed to the taskforce dealing with rebuilding in Innisfail and surrounding areas after the devastation caused by Cyclone Larry on March 19.

Last week Sunrise Exchange News reported estimated losses of $300-400 million, and although this is a disaster for the region, it’s moderate in terms of insurance losses. IAG has since upgraded its cyclone losses to $100-135 million.

Queensland Premier Peter Beattie says Mr Mulcahy will provide much-needed advice on insurance and financial matters for the community during mop-up operations.

IAG-owned companies CGU and NRMA Insurance have combined to form a “free community help expo” to aid residents in the recovery process.

The expo will be jointly funded and hosted by the two companies to advise residents on what to do to re-establish their homes and get on with their lives. Subjects covered will include information on demolition, planning, design, building, legal matters, safety, security, fire precautions, environmental issues, landscaping and energy efficiency.

IAG Queensland State Manager Brett Robinson says financial planners will also help residents who have received insurance settlements to make educated decisions about financial matters while waiting for their homes to be re-established.

Professional advice will be available from government departments, builders, architects, financial planners, environmental specialists and community safety representatives.