August 2022 - Crucial Insurance and Risk Advisors

Why Sub-contractors Can Massively Blow Out Your Liability Insurance Premiums

In the past two years, many business owners have experienced significant premium increases as their businesses rely more on the use of sub-contractors to keep up with increasing demand in a tight employment market. Since the arrival of COVID-19 and its various lockdowns, our clients have been … [Read more...] about Why Sub-contractors Can Massively Blow Out Your Liability Insurance Premiums

A Closer Look at the Impact of Inflation on Commercial Insurance

Australia, like most world economies, is facing record levels of inflation owing to the compounding impacts of the COVID-19 pandemic, disrupted supply chains, the surge in energy prices and severe weather and climate change events. Recently, the Australian Bureau of Statistics reported the annual … [Read more...] about A Closer Look at the Impact of Inflation on Commercial Insurance