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
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
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 Coronavirus. Business Interruption is […]Read More
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 restrictions relating to travel to and from mainland China. DFAT has also […]Read More
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 industry has […]Read More