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
NIBA Broker Awards: Crucial Insurance Wins Both Awards for Queensland
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
Leading Aged Care Insurer says “Boards Need to Act Now on Risk Management”
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”
COVID-19 Insurance Update: Small Businesses Take on QBE and Lloyds
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
Do you import products? If so, this one little mistake could cost you
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
Think Machinery Breakdown is Automatically Covered by Business Interruption Insurance? Think Again.
If you have Business Interruption Insurance cover, you may not realise that it normally does not extend to Machinery and Equipment Breakdown Insurance. Typically, the policy will only be triggered if there is a loss of income pertaining to property damage. This could be disastrous for many … [Read more...] about Think Machinery Breakdown is Automatically Covered by Business Interruption Insurance? Think Again.
Tony Venning Finalist for NIBA Queensland Broker of the Year
Our Managing Director, Tony Venning, has just been announced as a Queensland Broker of the Year Finalist by the National Insurance Brokers Association (NIBA). Entrants for the award were judged on the following criteria: Being an inspirational role model for the broking community … [Read more...] about Tony Venning Finalist for NIBA Queensland Broker of the Year
JBS Pays $11.4 Million Ransom to Resolve Cyber Attack
JBS Foods, the world’s largest meat processing company, has just agreed to pay a $14.2 million ransom to a Russian-speaking criminal ransomware gang, REvil. According to ABC News, the five-day cyber hack resulted in the company temporarily having to halt some of its operations in the US, Canada … [Read more...] about JBS Pays $11.4 Million Ransom to Resolve Cyber Attack