News

Marine and Hull Insurance Uncovered The vast majority of international freight (90%) is transported around the world by sea with more than 70% in containers. Unfortunately, merchant shipping isn’t always the safest form of transportation; there were 88 major accidents...

Have you had your tools stolen from the back of the ute? Or from a construction site? For tradies, this is a well-known crime across Australia every day. If your tools and other equipment are vital to your livelihood, loss or damage to these can often be devastating,...

On 15th April this year, the world watched in horror as the Notre Dame Cathedral, which was built in the 13th Century, was gutted by fire. Whilst to date, there has been no confirmed evidence of arson, investigators currently believe that various scenarios could have...

How to keep your business afloat in the event of a disaster No-one likes to think that a disaster could happen to their business, but it can and does happen far too frequently in Australia. For example, the recent floods in Townsville which were declared a disaster...

6 common business insurance myths busted Insurance for small businesses can be complex, so finding the right type of insurance policies for your business can be a challenge. The matter is made even more complicated by the existence of numerous insurance myths, making...

Do your employees face danger every day and do you have a Workers Compensation policy? Most jobs have some element of risk, whether it’s a slip and fall in the office, forklift incident in the warehouse, muscle strain, cuts or burns in the kitchen, they can happen. So...

Five ways to plan for growth in 2019 Most business owners undoubtedly will say that they are focused on business growth.  However, far too often a cohesive and executable plan has not been completed to achieve this growth. If they do have a plan, it’s usually far too...

Insurance claims - tips for small businesses Whilst making a claim on your business insurance can be a straight forward process, if you are unaware of the process and don’t know what to expect, navigating your way through this can be time consuming and frustrating....

Recent flooding in parts of North Queensland has left thousands of families and small businesses devastated, loosing not only their homes, but their livelihoods as well. The millions of dollars of property damage has resulted in both emotional and financial stress to...

The threat of a cyber breach for small to medium sized businesses (SMEs) is a very real concern, one that has been recently highlighted by the General Data Protection Regulation (GDPR) in Europe and the Notifiable Data Breaches Scheme (NDP) in Australia. Current...

Creating a risk management plan for your SME business Does your business have a risk management plan? How will you manage if a catastrophe occurs?  A risk management plan helps to prepare for these events, once you have identified the key risk concerns, you can ensure...

What’s happening in the world of Professional Indemnity Insurance? Professional Indemnity insurance isn’t just limited to typical ‘professions’ such as accountants, engineers, lawyers, doctors and architects. Essentially, anybody providing advice for a fee has an...

Do you need Strata Insurance? Strata Insurance is mandatory in Australia and covers common property under a strata title or body corporate. When purchasing a unit or townhouse either for yourself or as an investment property, you will share the costs of this insurance...

The perpetual importance of insurance advisers With the rise of the internet, many consumers are now choosing online DIY options when it comes to selecting insurance coverage for their business operations. These online options generally aren’t providing accurate...

What is Management Liability Insurance and do you need it? The increase in corporate litigation in Australia has caused many SMEs to reassess their risk of exposure and to redesign their insurance cover. One of the most underrated and underutilised insurance covers is...

Why do you need to read the PDS when effecting insurance? Insurance providers are required to give their clients a PDS (Product Disclosure Statement) that details the terms and conditions of the policy. The PDS contains all the relevant policy terms and conditions...

Why do you need Professional Indemnity Insurance? If you are a professional who provides services or advice to others, then it’s quite likely that you will need Professional Indemnity Insurance. This type of insurance reduces your exposure to the costs of legal action...

Five Factors that affect your insurance premiums Most people understand that insurance premiums rise and fall, the questions is why do your premiums change? What factors cause the amount of money you pay to your insurance company to increase or decrease? If you have...

If you are not happy with your insurance claim - here’s what to do next The General Insurance Code of Practice requires insurers to be honest, fair and open with their customers and to maintain high standards when dealing with claims or customer complaints. What...

Running your own business is risky – here’s how to protect yourself One of the most ignored risk minimisation strategies for small businesses is insurance cover. For some reason, many business owners ignore the issue of insurance for their business, because after all...

ONE FOR ALL: Business Pack Insurance isn’t right for every business. But could it work for you? Consolidating can deliver real savings and efficiencies across a wide range of business services. Insurance is no different, especially thanks to something known as...