Subcontractors are vital to many Australian organisations. Rather than having to invest in more permanent employment solutions, contractors are able to work with subcontractors or third party professionals for both short and long term tasks to help maintain the flow of their businesses. For … [Read more...] about Injuries or damages caused by subcontractors: can you be held liable?
Whether you sell products directly to consumers or manufacture them, you may be wondering: who will be liable should the end consumers’ rights be breached? Would it be the responsibility of the supplier/retailer, or manufacturer? And how will this work from an insurance perspective? For example, … [Read more...] about The Supplier or Manufacturer – Who is Liable, and What Type of Insurance Should you Obtain?
Exciting news! The team at Crucial Insurance has been awarded as excellence awardees for three of Insurance Business Australia’s coveted Insurance Business Awards. As excellence awardees, we have been shortlisted for the following three categories: Brokerage of the Year (1-5 staff) Young Gun … [Read more...] about Crucial Insurance are Excellence Awardees for Insurance Business Awards
If you are a builder considering Cyber Insurance, or upgrading your current Builders Insurance policies to include Cyber Insurance, now might be the time to do so. The Australian Cyber Security Centre (ACSC) has reported a growing trend of cybercriminals attacking building and construction … [Read more...] about Builders under attack! Warning from Australian Cyber Security Centre
The team at Crucial Insurance and Risk Advisors would like to give a tremendous thank you to both the National Insurance Brokers Association (NIBA) and our clients for helping us win both of the coveted 2021 NIBA Broker Awards for Queensland. At Crucial Insurance, we have a unique approach to our … [Read more...] about NIBA Broker Awards: Crucial Insurance Wins Both Awards for Queensland
If you are in the aged care industry, you may have noticed an increase in premiums and greater expectations in demonstrating risk management. Leading aged care insurer, Ansvar, recommends that when it comes to Aged Care Insurance, boards need to be highly diligent when it comes to governance of … [Read more...] about Leading Aged Care Insurer says “Boards Need to Act Now on Risk Management”
As the world continues to be affected by the COVID-19 pandemic, Australian businesses are finding different ways to both survive in the market and recoup any losses directly associated with the coronavirus. One way businesses are working to recoup losses is through their Business Interruption … [Read more...] about COVID-19 Insurance Update: Small Businesses Take on QBE and Lloyds
When investing in insurance, it’s important to be aware of the information you’re disclosing to insurers when mentioning business activities. If you import goods, for instance, there may be serious implications down the line if you disclose yourself as a retailer or wholesaler, but fail to … [Read more...] about Do you import products? If so, this one little mistake could cost you