A fragile economy is when insurance is most needed Following is an article that is relevant to many businesses. It comes as no surprise that when times are tough insolvencies increase, and we are faced with that economic climate right now. Our team are capable of sourcing the right Credit Insurance to provide you with […]
Hird sues but will he strike out yet again?
A lack of sound advice or naivety? The following article is an excellent example of how what is covered under an insurance contract can be easily misinterpreted or misunderstood. We at Austbrokers Terrace are not arrogant enough to suggest we would have provided a more informed process in this instance, but this should at least […]
Horse SA and ABT
Forging partnerships Austbrokers Terrace pride themselves on forging relationships with organisations that could have a financial benefit for both parties. Horse SA is another of our clients that we have entered into such an agreement. How does this work? Simply, if you are a member of Horse SA and our company are successful in securing […]
Legislation and Cyber Insurance
A Cyber game changer? Cyber insurance is a hot topic right now and shows no signs of dropping from insurance based conversation. While as an industry, and more specifically as a brokerage, we believe it is an insurance neccessity, the public are not quite ready to pay premiums for covers they may not understand. A cyber […]
A potential belly ache
Food for thought In NSW, restaurant kitchen indiscretions are plastered on a public website for all to see. In Victoria, council officers have the power to shut down hygienic premises. In Queensland, food suppliers that fall afoul of regulations can be fined more than $75,000.These are just some of the risks faced by any business […]
Stranded In Bali without the correct Travel Insurance
Having the right Travel Policy The current news cycle has been dominated by the news that many Australians are either stranded in Bali, or unable to begin their long awaited holiday due to volcanic activity causing a hazard on the regular flight paths. It won’t be long before the more sensationalist media avenues will be […]
‘Cyber’ – Is the name itself misleading?
Cyber Crime – facts and figures Barely a day goes by without some form of data breach being reported in the media, be it a competitor looking to gain an edge by stealing sensitive data, a disgruntled ex-employee looking to take retribution on a former employer, or the more traditional image of a technology “nerd” […]
Who would have thought!
Legendary Rockers tamed by Insurance In the 1960s, it would have seemed that The Who were used to insurance claims following their rumoured penchant for trashing hotel rooms. Nowadays, it seems the legendary rock band have finally learned their lesson and are listening to the powers that be as 71-year-old lead singer, Roger Daltrey, revealed […]
Would a Jurassic World be insurable?
Insuring Dinosaurs On a recent episode of the UK program Mock the Week, a British-Canadian comedian responded to the prompt “Lines You Wouldn’t Hear in a Sci-Fi Movie” with: “The dinosaurs are killing everyone. Why do we keep reopening this park? Who keeps giving us public liability insurance?” As it turns out, however, coverage for […]
Where Australia sits on the world risk scale
Australia takes a tumble Australia has taken a ten spot tumble down an FM Global ranking of businesses resilience to supply chain risk, falling from 4th to 14th. The Resilience Index is compiled annually using three core factors of business resilience to supply chain disruption: economics, risk quality and qualities of the supply chain itself. […]
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