There’s no doubt that insurance premiums are on the rise. This is particularly true for Director’s and Officer’s (D&O) Insurance. See also: How to Avoid Rising Costs of Insurance Premiums. According to research quoted by the Australian Financial Review, “D&O premiums increased on … [Read more...] about D&O Premiums are Rising. Here’s What Directors Need to Know
Hundreds of thousands of small businesses in the UK are expected to be receiving Business Interruption payouts after a ‘historic victory’. Britain’s Supreme Court has ruled against QBE, requiring the insurer to pay out a number of claims related to COVID-19 losses. The main point of contention … [Read more...] about Is Australia Next? Britain’s Court Rules QBE Liable for COVID-19 Claims
https://www.youtube.com/watch?v=ivWKKCpMPCQ NSW Court of Appeal rules against the insurers and in the favour of policyholders. This article is an update from our previous article - Business Interruption Insurance, COVID-19 - is it worth making a test claim? Here, we mentioned the NSW Court of … [Read more...] about UPDATE: COVID-19 Business Interruption Test Case – NSW Court of Appeal Rules Against Insurers
There are significant developments in respect to Business Interruption Insurance coverage for loss of income due to COVID-19 lockdowns. As recently reported in the Australian Financial Review, the Australian insurance sector is potentially facing a $1 billion exposure to COVID-19 losses. With the … [Read more...] about UPDATE: Business interruption insurance, COVID-19 – is it even worth making a claim? Get the honest facts.
Businesses are having to take extra precautions to ensure their employees are travelling safely. In a COVID-19 world, making sure you have the right travel and expatriate medical insurance for your employees is crucial. The Australian Government continues to maintain their ban on overseas travel … [Read more...] about Sending your employees overseas? Then you need to check if your insurance covers COVID-19