Insurance premiums are rising, and based on current global challenges, inflation and instability in the market, this may continue over the course of the next few years - some sources are even reporting an upcoming super cycle for insurance premiums. This being said, however, we continue to remind … [Read more...] about How to leverage a Protective Cell Company (PCC) to your Advantage
Do you think your insurer has you covered for asbestos? Think again. Does your business involve the repair or renovation of buildings constructed prior to 1990, or provide trade services to older buildings - or does your business subcontracts asbestos removal? There’s a chance that you are liable … [Read more...] about You Could be Liable for Asbestos, and Chances are Your Insurance Isn’t Covering You
We are pleased to announce that we are finalists for multiple Advsir awards. According to Andy Jamieson, the Founder and CEO of Advisr, “The Advisr Awards celebrate those insurance brokers and brokerages who are showing the industry how to build trust online. All of today's finalists make an … [Read more...] about Crucial Insurance is a Finalist for Multiple Advisr Awards
Our Managing Director, Tony Venning, has been featured in Insurance Business Australia. In the interview, Tony discusses the important shift of insurance being a ‘grudge’ purchase of businesses, to now being an actual revenue and growth opportunity. “The thing that’s changed from a grudge … [Read more...] about Is Insurance Still a ‘Grudge’ Purchase? Tony Venning Featured in Insurance Business Australia
Professional Indemnity Insurance can be a crucial policy to have for many businesses. But is having professional services cover a ‘must’ in all instances? Does every business actually need it? If you manufacture, design, supply or install products, and provide a level of consultancy to your … [Read more...] about Professional Indemnity Insurance – Do You Actually Need It?
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, … [Read more...] about The Supplier or Manufacturer – Who is Liable, and What Type of Insurance Should you Obtain?
JBS Foods, the world’s largest meat processing company, has just agreed to pay a $14.2 million ransom to a Russian-speaking criminal ransomware gang, REvil. According to ABC News, the five-day cyber hack resulted in the company temporarily having to halt some of its operations in the US, Canada … [Read more...] about JBS Pays $11.4 Million Ransom to Resolve Cyber Attack
Reputation is paramount in the food and beverage industry. In a fast-moving, highly competitive, highly regulated, social-media-centric market, food and beverage companies are continually required to jump through hoops in order to establish trust and reliability with their customers. Further, the … [Read more...] about Product Recall Insurance Now More Accessible for Food Manufacturing Businesses