The last couple of years in Australia have brought about several impactful changes to our economic environment. With increased costs across the board, insurance premiums have not been spared. However, while insurance premiums have increased, the sum insured value to accurately insure your property … [Read more...] about Are you Correctly Insured? How the Current Economic Environment May Mean You Aren’t
Aged Care is a unique sector with multiple challenges including staffing, financial, compliance and insurance protection. Crucial Insurance and Risk Advisors work alongside a number of Aged Care Organisations to manage their Insurance risk and here are our five top tips for organisations to … [Read more...] about Five Insurance Tips for Aged Care Organisations
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 recent years, Australian workers compensation insurers have been navigating a challenging landscape as they seek recovery for subcontractor injury claims from the Public Liability Insurance policies of the companies that hire them. This trend reflects a shifting dynamic in the management of … [Read more...] about Subcontractor Claims Skyrocket: How Aussie Businesses Are Paying the Price
It is difficult for mining contractors and consultants to easily and affordably access the right insurance coverage Mining consultants and contractors with an annual income of less than $2 million in revenue may be able to access up to $5 million in Professional Indemnity Insurance through … [Read more...] about Are you a Mining Contractor or Consultant? You can now Access Professional Indemnity Insurance Quickly and Affordably. Here’s How.
Who are Medusa, and what can you do to protect your business? Cybersecurity firm CyberCX has recently reported at least 20 double extortion schemes by the cybercriminal gang Medusa, carried out across Australia and the Pacific since January 11. Judging by its difference in operations … [Read more...] about Cybercriminal Gang ‘Medusa’ Wreaking Havoc Upon Australian Businesses
Website hosting provider GoDaddy released statements revealing that they were under attack by cyber criminals. These unauthorised third parties hacked into GoDaddy’s cPanel shared hosting servers, installing malware that caused intermittent redirection of customer websites. This was apparently a … [Read more...] about Urgent! Web Hosting Provider Godaddy Reports Major Security Breach
The catastrophic floods that affected south-east Queensland and NSW in 2022 were the fourth costliest global disaster of the year. Devastating homes and businesses across the country, the record rains resulted in twenty-three deaths, and cost Australians billions in insurance claims. Throughout the … [Read more...] about Dealing with Rising Reinsurance Costs During Flood Season