Is your business fire safe?

Although bushfire season is here, this risk is only one of a host of different sources of fire. Arson is often the cause of fire and poor maintenance standards are another serious fire risk for businesses. For instance, damaged or old electrical cabling is all too often the cause of a fire, especially in older…

Why are Unoccupied Risk so unattractive to Insurers?

Due to the Coronavirus restrictions, many businesses are having to temporarily close to limit the physical exposure to the virus. This is changing the way businesses are able to operate or normally function. Some businesses have been instructed to close their doors, some have been directly or indirectly impacted by the change in social activity,…

Growth by Acquisition

In today’s current Economic Climate many businesses are electing to increase their growth by way of acquisition. Whilst this strategy remains sound, there are many considerations that need to be undertaken prior to purchasing an existing business, particularly if that business is in the same Industry and/or Profession you’re currently trading in. The main key…

What role do Australia’s Supercomputers have?

What role do Australia’s Supercomputers have during a bushfire or a pandemic? At the beginning of 2020, Australia was stunned by the worst bushfires on record, but barely a few months later we’re struggling with COVID-19, which is ravaging the world. When events like this occur, the decision makers…incorporating federal governments, state governments, health providers…

Capture the Spiking Insurance Demand – After COVID-19

Insurers need to plan beyond immediate needs. In China, demand for term life and health insurance showed a significant increase after the SARS outbreak in 2002. COVID-19 will likely create a similar uptake from consumers across the globe. Of course, the world now is much more digitized and widespread, physical-distancing and lockdown measures have pushed…

The importance of keeping your details up-to-date

It’s a fast moving world, especially at the moment. Even though there’s so much going on, it’s essential to update your insurance broker any time your circumstances change to help ensure the cover you have in place is still appropriate for your enterprise. A popular business pivot many beer and spirit firms have undertaken in…

Make sense of the insurance market

A hardening market can mean higher premiums and tougher underwriting decisions – so it pays to get an expert on your team. Like any market, the business insurance market experiences different cycles that can affect pricing and how easy it is to get cover. Depending on the stage of the cycle we’re in, this can…

Managing cyber risks while staff work from home

Heightened cyber risks have emerged as a serious issue, given most businesses now have many staff working from home. So it’s important to put in place policies and procedures to ensure data is secure no matter where staff are located. Helping staff to recognise and avoid risky behaviours is also part of a great cyber…