More than half of media and entertainment firms experienced three or more cyberattacks over a 12-month period, according to a new survey from specialist insurer Hiscox. “Media and entertainment firms are uniquely vulnerable to cyber crime,” Hiscox said in a news release. “High-profile products and complex production processes, coupled with the media and entertainment industry’s […]
CYBER MARKET TO DOUBLE IN SIZE BY 2020, GLOBAL INSURER SAYS…
Munich Re has estimated that the cyber insurance market will double by 2020, thanks to an increase in the use of connected devices and the subsequent surge of complex risks associated with such systems. The German company shared its business forecast during the Rendez-Vous event – an annual meeting of reinsurers in Monaco earlier this […]
RESPONSE TO CALLS FOR MANDATORY TRAVEL INSURANCE
Last week saw NSW Health Minister Brad Hazzard call for all tourists visiting Australia to require mandatory health insurance. “Every time an uninsured visitor does not pay for their treatment in one of our public hospitals, taxpayers foot the bill,” he noted on Thursday last week. Every year, uninsured visitors account for roughly $30 million in […]
FAR OUT FRIDAY – SPACED-OUT INSURANCE POLICIES
We’re often told to “reach for the stars” in our endeavours – but it’s not usually meant so literally. Yet many insurers around the world have done just that, by offering insurance against alien abduction. Promising a range of benefits, including covering medical and psychiatric costs, alien abduction policies tend to be quite generous in […]
TRIO JAILED OVER INSURANCE SCAM
Two brothers and their friend will be locked behind prison bars for years over an insurance scam that included claims for wine, diamonds, and a bouncy castle, worth more than $1m. Dariush and Jahan Mahmoodshahi, along with their friend Peter Molyneux, 26, filed multiple claims for the fake theft of luxury brands – an elaborate […]
MONITORING CLAIMS WITH WEARABLES
Wearable devices – often known as “wearables” – have emerged as a significant force in the tech industry in recent years. Though best-known for consumer applications in the fitness field – such as the Fitbit – wearables have also been utilised in a number of commercial applications too. Warehousing is probably the industry where they […]
THE MOST DANGEROUS OCCUPATIONS IN AUSTRALIA
How dangerous do you think your job is? Maybe you work in construction, or maybe your office building has a less-than-stellar maintenance record. No matter where you spend your nine to five, or even five to nine, every occupation comes with inherent risks, and it’s important to safeguard yourself against them. Still, not all jobs […]
HOW TO KEEP YOUR HOME SAFE WHILE YOU TRAVEL
Travel insurance is valuable for ensuring your trip goes safely. But in addition to this, making sure your house is safe while you’re away is vital. Here are some tips for keeping burglars away while you travel! Last year, the Australian Federation of Travel Agents reported over 2.6 million Australians travelled outbound during winter. Since […]
BATMAN MAY HAVE TO HANG UP HIS CAPE… BECAUSE OF INSURANCE IS
Batman has finally been foiled – not by a supervillain, but by mounting insurance costs. Ben Affleck, who stars as the Dark Knight in Warner Bros/DC’s recent series of superhero films, entered rehab for alcohol addiction for the third time last week. But by doing so, he may have inadvertently increased the price to insure […]
INSURANCE AND GST : SOME BENEFITS FOR YOUR SMALL BUSINESS
Good news! When you own your own small business and you have some types of insurance in place for assets in that small business, you may be able to claim some GST credits. Let’s investigate. So, what’s the deal?Basically, if you own a small business and you are registered for GST, you may not have […]
Latest Articles
What’s Legal, What’s Risky, and What’s Insurable?
If your SME is using or planning to use electronic surveillance, this article outlines what ...
Protecting Your SME from Real-World Risk Events
Running a small or mid-sized business in Australia means juggling costs, staffing, and cash flow ...
Bots, Breaches and Business: Cyber Risks for SMEs Evolve
Cyber threats are evolving faster than most businesses can keep up, and Australian SMEs are ...
“Large Company” breach sparks AI scam alert for Australians
The recent Qantas data breach has brought renewed attention to the changing nature of cyber ...
Is Your Roof Maintenance Up to Scratch? How to Go About It
In Australia, it’s not simply the age of your roof that determines whether your insurance ...
Covering Your Bases When Hiring from Overseas
If you’re running a farm in Australia, you understand the reality of the seasonal labour ...
Is Your Micro-SME Protected Against Financial Shocks?
Micro and small-to-medium enterprises (SMEs) drive the Australian economy, comprising over 98% of all businesses ...
Today, we look to the future …..
But remember the past. We remember and honour the brave men and women who have ...
Chronic Disease and How It Can Impact Your Business
About half of Australians have one or more chronic diseases or conditions, says the Australian ...
2025 Focus: Protecting Your SME From Climate-Driven Threats
Australia’s climate is changing rapidly, and businesses can no longer overlook the impacts. From harsher ...
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.