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.
Are you a mining contractor supplying services and products to the Australian mining industry? Then you will need to make sure you have the right business insurance protection in place. The mining industry in Australia provides abundant opportunities for Australian businesses to supply valuable … [Read more...] about Mining Contractors – Do You have the Right Insurances in Place?
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
Suncorp, Allianz and QBE to provide co-ordinated relief measures to business insurance policyholders. The proposal includes 6 month deferral of premium payment for eligible customers. This morning the Australian Competition and Consumer Commission (ACCC) announced that it has authorised a COVID-19 … [Read more...] about COVID-19 – Small Business Insurance Relief Package
The majority of businesses are now employing a remote workforce. Make sure you don't open your network to cyber criminals in the process. Cyber Insurance and Risk Management can help protect you. COVID-19 themed text messages appear to come from "GOV" as the sender. They include a link to find … [Read more...] about COVID-19 – Cyber Insurance and Risk Alert
As COVID-19 continues to escalate around the world, business owners are asking one big question. Will my Business Interruption insurance cover me for loss of income due to Coronavirus ? Unfortunately, most business insurance policies will not cover loss of income as a result of … [Read more...] about Does Business Interruption Insurance cover Coronavirus?
As Coronavirus (2019-nCoV) continues to escalate worldwide, travellers are asking will Travel Insurance cover me? The World Health Organisation (WHO) has declared Coronavirus a public health emergency of international concern. In addition, the Australian government has introduced strict travel … [Read more...] about Does Travel Insurance cover Coronavirus?
The answer is simple. The risks posed in today’s digital world mean a cyber event is more likely to cause catastrophic harm to your business than any other physical event. Insurance is traditionally purchased for losses arising out of either property damage or personal injury. What the insurance … [Read more...] about Why every business needs Cyber Insurance