In an important legislative update, Queensland has recently made it illegal to insure against fines related to Work Health and Safety (WHS) contraventions. This change, announced in March of 2024, aligns Queensland with several other states in Australia that have introduced similar … [Read more...] about WHS Fines Insurance Banned in New South Wales, Victoria – and Now, Queensland. Here’s What You Need To Know
Is Professional Indemnity Insurance compulsory for your business in Australia? There’s no doubt that insurance plays a pivotal role in safeguarding your professional integrity and financial security. Among the various types of Business Insurance, Professional Indemnity (PI) Insurance … [Read more...] about What happens if I don’t have professional indemnity insurance?
In a stunning demonstration of the evolving landscape of cybercrime, a finance worker at a multinational firm in Hong Kong was deceived into transferring a staggering 200 million Hong Kong dollars (approximately $39 million Australian dollars) to fraudsters employing deepfake technology. This … [Read more...] about Deepfake Deception: A $39 Million Scam Unveils the Dark Side of AI in Cybersecurity
We are both excited and deeply honoured to have won the 'Top Queensland Insurance Broker' award and to be finalists in multiple other categories at the Advisr Insurance Broker Awards. These recognitions are incredibly meaningful to us, reflecting the dedication and commitment of our team in the … [Read more...] about We Won Top Queensland Insurance Broker!
By now we’ve all seen the news of recent bushfires plaguing Australia. Thousands of people have been evacuated, homes and businesses have been destroyed and most devastatingly people have lost their lives. The kicker: it’s only the start of bushfire season. Hot, dry weather brought by an … [Read more...] about Are you Prepared for Bushfire Season? Here are 5 Ways to Prepare
Combining Your Commercial Insurance Policies In the world of business, protecting your assets and mitigating risks are paramount. Commercial General Insurance / Business Insurance policies play a crucial role in safeguarding your business against various unforeseen events, from liability claims … [Read more...] about Wasting Time and Money on Multiple Insurance Policies? Here’s How to Combine Them and Save
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
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