The Royal Commission into misconduct in the Financial Services Industry released its Final Report in February after 69 days of hearings with 76 recommendations made and 22 referrals to regulatory authorities for criminal investigation and potential prosecution. Of the issues that were raised during the royal commission, none related to insurance broking. In total, there…
It can take just moments for fire, flood or thieves to wipe out years of hard work, asset accumulation and stock. But it can be months before you realise the full extent of the damage – and even longer to recover – if you don’t have a detailed and up-to-date inventory list encompassing business asset…
The UK’s Grenfell Tower disaster has had widespread implications for professionals in Australia’s construction industry. Here’s how to help protect yourself if you’re a contractor who’s worked on any Australian building project. The UK Grenfell Tower disaster claimed the lives of 72 people on 14 June 2017. The tragedy unfolded on television and computer screens around the…
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 than 15,000 claims in the 18 hours after…