Injuries or damages caused by subcontractors: can you be held liable?
Subcontractors are vital to many Australian organisations. Rather than having to invest in more permanent employment solutions, contractors are able to work with subcontractors or third party professionals for both short and long term tasks to help maintain the flow of their businesses. For example: A company may hire a […]
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The Supplier or Manufacturer – Who is Liable, and What Type of Insurance Should you Obtain?
Whether you sell products directly to consumers or manufacture them, you may be wondering: who will be liable should the end consumers’ rights be breached? Would it be the responsibility of the supplier/retailer, or manufacturer? And how will this work from an insurance perspective? For example, let’s say you are […]
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Crucial Insurance are Excellence Awardees for Insurance Business Awards
Exciting news! The team at Crucial Insurance has been awarded as excellence awardees for three of Insurance Business Australia’s coveted Insurance Business Awards. As excellence awardees, we have been shortlisted for the following three categories: Brokerage of the Year (1-5 staff) Young Gun of the Year – Alishia Oliver (Independent, […]
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Builders under attack! Warning from Australian Cyber Security Centre
If you are a builder considering Cyber Insurance, or upgrading your current Builders Insurance policies to include Cyber Insurance, now might be the time to do so. The Australian Cyber Security Centre (ACSC) has reported a growing trend of cybercriminals attacking building and construction companies and have now labelled this […]
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NIBA Broker Awards: Crucial Insurance Wins Both Awards for Queensland
The team at Crucial Insurance and Risk Advisors would like to give a tremendous thank you to both the National Insurance Brokers Association (NIBA) and our clients for helping us win both of the coveted 2021 NIBA Broker Awards for Queensland. At Crucial Insurance, we have a unique approach to […]
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Leading Aged Care Insurer says “Boards Need to Act Now on Risk Management”
If you are in the aged care industry, you may have noticed an increase in premiums and greater expectations in demonstrating risk management. Leading aged care insurer, Ansvar, recommends that when it comes to Aged Care Insurance, boards need to be highly diligent when it comes to governance of risk. […]
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COVID-19 Insurance Update: Small Businesses Take on QBE and Lloyds
As the world continues to be affected by the COVID-19 pandemic, Australian businesses are finding different ways to both survive in the market and recoup any losses directly associated with the coronavirus. One way businesses are working to recoup losses is through their Business Interruption Insurance claims. At this point […]
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Do you import products? If so, this one little mistake could cost you
When investing in insurance, it’s important to be aware of the information you’re disclosing to insurers when mentioning business activities. If you import goods, for instance, there may be serious implications down the line if you disclose yourself as a retailer or wholesaler, but fail to mention that you are […]
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Think Machinery Breakdown is Automatically Covered by Business Interruption Insurance? Think Again.
If you have Business Interruption Insurance cover, you may not realise that it normally does not extend to Machinery and Equipment Breakdown Insurance. Typically, the policy will only be triggered if there is a loss of income pertaining to property damage. This could be disastrous for many businesses that rely […]
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Tony Venning Finalist for NIBA Queensland Broker of the Year
Our Managing Director, Tony Venning, has just been announced as a Queensland Broker of the Year Finalist by the National Insurance Brokers Association (NIBA). Entrants for the award were judged on the following criteria: Being an inspirational role model for the broking community Demonstrated excellence in broking practice Significant contribution […]
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