We’re excited to announce that we are now finalists for multiple categories in the ‘Advisr Insurance Broker Awards 2020’. The Advisr Insurance Broker Awards are designed to recognise Australia’s best insurance brokers and brokerages across 10 categories. The nominated insurance brokers are judged in terms of thought leadership, professional profile […]Read More
As the world braces itself with natural disasters, pandemics and uncertain market conditions, many Australian businesses are feeling the strengthening pinch of insurance premiums – there have been reports, for example, of excesses increasing from $100,000 to $250,000 and premiums from $224,000 to $757,000. As a result of this, some […]Read More
La Niña 2020: Insurance for Cyclones & Wet Weather Events Before It’s Too Late. Don’t be left uninsured!
La Niña has been declared and far North Queensland is bracing itself for an increased risk of tropical cyclones. Named after the Spanish term ‘little girl’, the last La Niña event occurred from 2010-2012 and resulted in one of the wettest two year periods on record. During this period there […]Read More
How to ensure your company is not underinsured A risk many Australian companies face is the fact that they may not have the appropriate business insurance cover when the worst possible circumstances take place. But how do you minimise being underinsured? How do you know if ‘enough’ insurance is enough […]Read More
Hiring a contractor instead of an employee – which is better from an insurance perspective? This answer may concern you.
If you’re a growing business, you’ve probably considered whether you should hire a new employee or engage a contractor. For many businesses who are cash or time poor, hiring a contractor may be the more appealing decision. But from an insurance perspective, is it the right one? Imagine the following […]Read More
Being a mining contractor can be a risky business. Below are some tips on how to best manage your insurance and risks when providing services as a mining contractor. 1. Ensure your business activities are correctly disclosed to your Insurer One of the most common mistakes we see mining contractors […]Read More
UPDATE: Business interruption insurance, COVID-19 – is it even worth making a claim? Get the honest facts.
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 Victorian Andrews government enforced lockdowns continuing to […]Read More
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 services and products to Australian mines. […]Read More
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 from Australia. This means you […]Read More
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 relief package for insurance policyholders. This follows an application […]Read More