In recent years, Australian workers compensation insurers have been navigating a challenging landscape as they seek recovery for subcontractor injury claims from the Public Liability Insurance policies of the companies that hire them. This trend reflects a shifting dynamic in the management of … [Read more...] about Subcontractor Claims Skyrocket: How Aussie Businesses Are Paying the Price
It is difficult for mining contractors and consultants to easily and affordably access the right insurance coverage Mining consultants and contractors with an annual income of less than $2 million in revenue may be able to access up to $5 million in Professional Indemnity Insurance through … [Read more...] about Are you a Mining Contractor or Consultant? You can now Access Professional Indemnity Insurance Quickly and Affordably. Here’s How.
Who are Medusa, and what can you do to protect your business? Cybersecurity firm CyberCX has recently reported at least 20 double extortion schemes by the cybercriminal gang Medusa, carried out across Australia and the Pacific since January 11. Judging by its difference in operations … [Read more...] about Cybercriminal Gang ‘Medusa’ Wreaking Havoc Upon Australian Businesses
Website hosting provider GoDaddy released statements revealing that they were under attack by cyber criminals. These unauthorised third parties hacked into GoDaddy’s cPanel shared hosting servers, installing malware that caused intermittent redirection of customer websites. This was apparently a … [Read more...] about Urgent! Web Hosting Provider Godaddy Reports Major Security Breach
As more aspects of businesses are digitised, cybercrime has become an increasingly legitimate, dangerous concern that too few companies find themselves prepared for. As defined by the Australian Federal Police (AFP) website, the term ‘cybercrime’ describes both: Crimes directed at … [Read more...] about Cyber Insurance: Who Actually Needs it, And Why? (Part 1)
The catastrophic floods that affected south-east Queensland and NSW in 2022 were the fourth costliest global disaster of the year. Devastating homes and businesses across the country, the record rains resulted in twenty-three deaths, and cost Australians billions in insurance claims. Throughout the … [Read more...] about Dealing with Rising Reinsurance Costs During Flood Season
As we approach the end of the year, we would like to take this opportunity to express our gratitude for your continued business and support. It has been an absolute pleasure working with you in 2022, and we are grateful for the trust you have placed in us to help protect your business. As we … [Read more...] about Merry Christmas! Plus Our Christmas Availability
It's been an exciting year for Crucial Insurance and Risk Advisors, and we're thrilled to announce that we've won multiple awards at the Advisr Insurance Broker Awards 2022. Our Managing Director, Tony Venning, was awarded the Top Insurance Broker in Queensland award, as well as the Top Thought … [Read more...] about Best Business Insurance Broker in Queensland? Crucial Insurance Has Won Multiple Advisr Awards!