Lessons We Learned From The Rain Bomb

Earlier this year, we suffered the worst natural disaster in history, after heavy and sustained rainfall caused a series of floods along the east coast, killing 22 people, destroying thousands of homes and costing over $5.2bn Brisbane recorded 676.8mm of rainfall over a 3 day period breaking the previous record of 600.4mm in 1974. This…

To Repair or Not Repair – That is the Question

Undertaking construction work can be stressful at the best of times, and almost inevitably not everything will go to plan. In Queensland, the Queensland Building and Construction Commission (QBCC) provides a Statutory Insurance Scheme design to cover defective building work. However, in a decision that highlights the competing interests of an insurer to be able…

Market Value-v-Agreed Value Car Insurance

Deciding between agreed value or market value car insurance typically boiled down to two things: the car you drive and how much you wanted to spend on the premium? However, since 2020, this question has becoming much more complex to answer. ‘Market Value’ is a recognised insurance industry term for what your car would fetch…

Business Insurance over the festive season

With Christmas fast approaching, it is often the busiest and most stressful time of the year for many businesses. While we rejoice for the increase in customers and sales, the increase in activity can mean extra risk for your business. Now is the time to check in to ensure you have enough financial protection to…

La Niña likelihood increases

It is that time of the year again, La Niña event is imminent. La Niña brings an increase in rainfall which in turn increases the risks of flooding and water damage to properties. The bad news is that the chances of a flood-inducing La Niña system forming this year have risen, yet again. According to…

What is Volunteer Insurance?

Whether you run a charity, a not-for-profit, or regular live events, volunteer insurance exists to protect both you and the volunteers that work for you. From music festival ticket collectors to ongoing charity work, volunteers are often the most important part of your organisation, and they need to be protected from accidents. Volunteer Insurance will…

Remote team

5 Remote Team Building Activities

Show and Tell Most of us probably remember Show and Tell from back in school. Basically, each person would get up and have exactly one minute to show and talk about something they own, something that is sentimental or just an item that they may have picked up over the weekend. This can also be…

Why do I need Professional Indemnity insurance?

Mistakes can happen. If your business is found liable for negligence, the costs can be financially devastating. Not only could you be subject to an expensive lawsuit, but your business’s hard-earned reputation may be damaged as a result. Professional Indemnity insurance is mandatory in some industries such as medicine, accounting, law, and financial advisers. However,…

Future of casual employment

The Future of Casual Employment

Changes have been made to the Fair Work Act 2009 which may impact how you employ and manage casual Employees and you have until 27 September 2021 to put new processes in place. The key changes have been summarised into the following areas: Changes to the definition of ‘Casual Employee’ What do I need to…

Internal Audit

Internal Auditing

Given the steep rise in Employee fraud and embezzlement, the importance of Internal Business Auditing has never been more vital. Whilst there are Insurance Policies, such as Management Liability and Crime that provide Indemnity for some of the exposures the reputational damage, together with the disruption to business’ makes this continued process an important part…