It’s clear that world events have sparked the rise in insurance premiums not only in Australia, but around the world. As we are now in a hard market, insurers are now more conservative with their policies, and premiums have been increasing to record highs. This rise in premiums has not left Sydney companies unaffected, with some businesses even requiring to close shop.
But this doesn’t always have to be the case.
At Crucial Insurance, we are experts in helping companies find both traditional and hard-to-find insurance policies. We are also passionate about helping our clients reduce their premiums while still accessing the right forms of cover for their needs. From small businesses to publicly listed companies, we have extensive experience in solving insurance challenges.
One major advantage we have over many Sydney business insurance brokers in the market is that we are an Australian Financial Services License holder. This means we are regularly audited to ensure we provide a high level of skill with an exceptional level of integrity and service.
Your insurance shouldn’t be left to chance. With the number of cookie cutter insurance policies being advertised in the market, it’s important to choose risk advisors who can filter through the complicated ‘insurance speak’ for you.
Here are just some reasons why our clients choose us:
Please note that this is not an extensive list. Do not let this list overwhelm you - certain types of insurance may only be ideal for certain types of Sydney businesses. Please contact us to discuss your business insurance requirements.
According to the City of Sydney’s economic development strategy, in 2018/19, around $140 billion was generated within Sydney city, representing over 7% of Australia's economy. Despite the growth of business districts such as North Sydney, Parramatta, Macquarie Park, Olympic Park and the growth corridor to the north-west, the City of Sydney has maintained its pre-eminent role. The number of cities in the city of Sydney grew by 4,000 between 2007 and 2017.
According to economy.id, Sydney city has:
The largest industries are professional, scientific and technical services.
Although enduring several hardships over the years, Sydney remains a thriving and robust city. As the capital of New South Wales, Sydney is famous worldwide for its iconic destinations such as the Sydney Harbour Bridge, Bondi Beach, the Sydney Opera House, the fish market, as well as its colourful fashion, sporting and arts scenes.
No matter the size of your Sydney business, it is important that you are adequately insured against catastrophes. From the recent COVID-19 pandemic, to natural disasters and the threat of upcoming economic challenges, it is clear that we live in an unpredictable market. Securing the right insurance at the right price is one crucial way of safeguarding against such risks.