As the Christchurch shootings unfolded on 15 March, the city went on lockdown and businesses had to close their doors. As the lone-wolf style terror attacks become more common, cities respond with closing off entire streets and business districts. Stella Pruscino, Account Director at Edgewise Insurance Brokers has expressed concerns regarding the current exposure for […]
APRA to banks, insurers: Act on climate risk
Insurers, banks, and superannuation funds should do more than disclose climate risks – they must take action to address them. That is according to the Australian Prudential Regulation Authority (APRA), which recently announced that it would “increase its scrutiny” of how financial services companies are transforming their businesses to mitigate climate risk. “The world is […]
PERILS reveals initial property market loss for Queensland f...
An independent Zurich-based organisation has revealed its initial estimate of the insured property market loss for the catastrophic floods that inundated northern Queensland, and in particular the city of Townsville, between January 26 and February 10. PERILS estimated the initial property loss for the Townsville flood event to be at $957 million. The figure, which is […]
Could Your Airbag Take a Life? It Only Takes a Minute to Che...
If you haven’t already heard, vehicles with Takata airbags across the world have been recalled. When a faulty airbag deploys, there’s a risk the inflator could rupture, firing shards of metal into the vehicle. As many as 2 in 7 cars on Australian roads have been affected by this recall, so there’s a chance that […]
What Is An Underwriting Agency?
An underwriting agency is a specialised type of insurance agent or broker that has been granted underwriting authority by an insurer, according to the International Risk Management Institute (IRMA), and can administer programs and negotiate contracts for an insurer. An underwriting agency’s functions can include binding coverage, underwriting and pricing, settling claims, and appointing retail […]
Client Loyalty “EXTREMELY MISUNDERSTOOD”.
Brokers who believe they will retain their clients simply by keeping in touch could be in for an unpleasant surprise when it comes to renewal time, warns one customer experience specialist. “Customer loyalty is an extremely misunderstood principle,” says Darrell Hardidge, who has spent 20 years helping firms of all sizes overhaul customer service. “With […]
CYBER THREATS: JUST HOW MUCH DOES YOUR BOARD WANT (AND NEED)...
The following is an opinion article written by Peter Bailey, general manager, Aura Information Security. The views expressed within the article are not necessarily those of Insurance Business. With digital technology now a critical part of modern business, keeping systems and data safe has become a board-level issue. Where once responsibility would have been delegated […]
IMPENDING CHANGES IN THE ‘CHAIN OF RESPONSIBILITY’ LAWS COUL
Changes to Chain of Responsibility laws will take effect soon – Prepare now, before time runs out. Changes to Chain of Responsibility may have a serious impact on your business. The below is an excerpt from a bulletin by Health & Safety. If you are concerned about these changes, the eBook “What Executives need to […]
TAKING ON THE INSURANCE CONUNDRUM OF THE WINTER OLYMPICS
Before crowds could gather in PyeongChang for the opening ceremonies of the Winter Olympics, design professionals and contractors created the ice rinks, ski jumps, and bobsled tracks on which athletes compete. For an event as big as the Olympics, professional liability insurers also worked hard to help clients mitigate the risks that come with being […]
EMPLOYMENT PRACTICES LIABILITY TIPS
As a business owner, Employment Practices are a topic which is always in the back of your mind. If you want to discuss these practices, or have any queries about insuring them, please contact us today. The media loves a scandal – and scandal it had in 2017 with a series of high-profile sexual […]
Latest Articles
Tools & Tips to Handle Summer Weather Risks Effectively
Australia is heading into a high-risk summer, with hotter days, warmer nights, and more rain ...
Don’t Let Business Blindspots Catch Your SME Off Guard
For Australian SMEs, the biggest threats aren’t always the ones making headlines. Inflation and cyber ...
Happy Chinese New Year 2026
Happy Chinese New Year Gōng xǐ fā cái ...
Protecting Tradies is Good for Your Business
St John Ambulance has a handy definition for tradies, saying they include technicians, trade workers, ...
Is Your Business Ready for the Next Grey Rhino?
The last few years have shown us that COVID 19 was not a one off ...
Happy New Year
Wishing you and your families a happy, safe and prosperous New Year. The team at ...
Seasons greetings
With best wishes to you and your families at this festive time from the team ...
The Annual Risk Health Check: Why Every SME Needs It
Your business can change a lot in a year – expanding, shifting online, hiring staff, ...
No Office, No Servers—No Insurance? Think Again
Across Australia, more businesses are operating without offices or in-house servers, choosing cloud-based platforms instead ...
DISCLAIMER
This web site is designed primarily for use by Australian residents. Therefore, some products referred to in this site may be inappropriate for overseas residents. Please contact us via e-mail or phone to discuss your needs should you not be an Australian resident.
The information on this site is for general information purposes only and you should first seek advice from us to determine which products and services are most appropriate for your needs. We take our responsibilities to you seriously, and will work closely with you to customise your program to suit your needs.