Sydney's violent hailstorm, which has left millions of dollars of damage in its wake, is a crucial reminder of how important it is to protect yourself against potentially crippling damage to your business. The incident, declared a 'catastrophe’ by the Insurance Council of Australia, led to more … [Read more...] about Lessons learned from Sydney’s ‘catastrophic’ storm
Why your business needs an extreme weather action plan
Extreme weather conditions are increasing around the world, and Australia is no exception. Experts predict this summer will, again, be one of the hottest on record, with severe bushfires, storms and floods all set to increase. In the absence of the vast resources of larger organisations, there is … [Read more...] about Why your business needs an extreme weather action plan
5 tips for insuring a shopfront
When you’re ready to push your home business from the nest and into a shopfront, it’s an exciting time. It can also expose you to a whole new world of risk that could cripple your fledgling business before it can soar. Running a business from home is one thing, but taking the leap to a shopfront … [Read more...] about 5 tips for insuring a shopfront
Insurance and contractors: have you got it covered?
Hiring a contractor or sub-contractor is often appealing to time-poor, cash-strapped small business owners. One big reason is that they take care of their own insurance (as opposed to the business owner having to provide coverage for them, as is the case with employees). But what if things aren’t … [Read more...] about Insurance and contractors: have you got it covered?
Workers’ compensation is everyone’s business
Business owners are required to navigate the complex world of workplace safety. Here’s some things you need to know to ensure your business is compliant. Injury in the workplace Illness or injury in the workplace is more common than you might think. No matter what industry you’re in, it’s an area … [Read more...] about Workers’ compensation is everyone’s business
Product Recall
Allianz Australia Insurance has recently been made aware of a product recall issued by electrical product manufacturer, Eaton Industries Pty Ltd. The recall relates to one of the most popular components used in light commercial switchboards across Australia. The recalled product is the Eaton … [Read more...] about Product Recall
Ransomware attacks intensify
As extensively covered in the news, a new and aggressive strain of ransomware recently wreaked havoc on organisations around the globe. To assist policyholders with any concerns, the following risk management tips may be of assistance. CHECKLIST FOR RANSOMWARE PROTECTION Ask your IT … [Read more...] about Ransomware attacks intensify
Cyber-crime: A growing menace
The reality is that all companies, large or small are targets for cyber criminals. Unfortunately many businesses operate under the belief that their existing insurance policies are enough to cover their data security and privacy exposures. This is not the case. Australian insurance companies … [Read more...] about Cyber-crime: A growing menace