Financial Planners Insurance: Smart Strategies for Success
Financial Planners have had numerous challenges in recent years as a result of intensified compliance, levy’s, advisors leaving the industry and the cost and availability of insurance. In recent years, we have seen major insurers remove themselves from the Financial Planners PI Market due to an increase in claims and […]
Read More
Are you Prepared for Bushfire Season? Here are 5 Ways to Prepare
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 El Nino weather […]
Read More
Are you Correctly Insured? How the Current Economic Environment May Mean You Aren’t
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 has also been affected. What was […]
Read More
Five Insurance Tips for Aged Care Organisations
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 consider within their insurance program. 1. […]
Read More
Wasting Time and Money on Multiple Insurance Policies? Here’s How to Combine Them and Save
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 to property damage. However, as your business grows and evolves, […]
Read More
Subcontractor Claims Skyrocket: How Aussie Businesses Are Paying the Price
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 workplace accidents, with a focus on holding […]
Read More
Are you a Mining Contractor or Consultant? You can now Access Professional Indemnity Insurance Quickly and Affordably. Here’s How.
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 our exclusive networks By […]
Read More
Cybercriminal Gang ‘Medusa’ Wreaking Havoc Upon Australian Businesses
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 compared to older gangs such […]
Read More
Urgent! Web Hosting Provider Godaddy Reports Major Security Breach
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 multi-year attack. GoDaddy has involved multiple law enforcement agencies in their […]
Read More
Cyber Insurance: Who Actually Needs it, And Why? (Part 1)
As more aspects of businesses are digitised, cybercrime has become an increasingly legitimate, dangerous concern that too few companies find themselves prepared for. As defined by the Australian Federal Police (AFP) website, the term ‘cybercrime’ describes both: Crimes directed at computers or other information communications technologies (ICTs) […]
Read More