Deepfake Deception: A $39 Million Scam Unveils the Dark Side of AI in Cybersecurity
In a stunning demonstration of the evolving landscape of cybercrime, a finance worker at a multinational firm in Hong Kong was deceived into transferring a staggering 200 million Hong Kong dollars (approximately $39 million Australian dollars) to fraudsters employing deepfake technology. This scam, which employed artificial intelligence to orchestrate a […]
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Merry Christmas, and a Happy 2024!
As the festive season approaches, we at Crucial Insurance and Risk Advisors want to take a moment to extend our warmest wishes to you and your loved ones. This time of year is a wonderful opportunity for reflection and gratitude. We are incredibly thankful for your trust and partnership throughout […]
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We Won Top Queensland Insurance Broker!
We are both excited and deeply honoured to have won the ‘Top Queensland Insurance Broker’ award and to be finalists in multiple other categories at the Advisr Insurance Broker Awards. These recognitions are incredibly meaningful to us, reflecting the dedication and commitment of our team in the ever-evolving insurance landscape. […]
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We’re Finalists for Three Awards!
We are thrilled to announce that we are finalists in three categories at the Advisr Insurance Broker Awards! Our Managing Director, Tony Venning, has been nominated for two individual awards: ‘Top Insurance Broker or AR by Australian State’ and ‘Top Thought Leader.’ These nominations underscore his visionary leadership and his […]
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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 […]
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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 […]
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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 […]
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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. […]
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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, […]
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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 […]
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