Almost down the other side of the mountain? The El Niño event current in place across Australia is “near its peak,” the Bureau of Meteorology (BOM). In a statement, the BOM said that while some indicators show El Nino reaching its zenith, the weather system is likely to “persist well into 2016.” “El Niño indicators, […]
Don’t say you weren’t warned! The Effective Disclosure Taskforce, set up by the Insurance Council of Australia (ICA), has revealed its findings with some key recommendations for industry. The Taskforce has presented its findings to the board of the ICA in a report entitled Too Long; Didn’t Read and Taskforce chair, Michael Gill, stressed that […]
Perhaps its now time to give us a call We get no pleasure in providing the ever increasing statistics describing the epidemic known as Cyber Crime. What we can do though, is help you in minimising and protecting your business or home to this exposure. Please call or contact us via email so that we […]
Just dropped in for a visit ! There are ways to speed up your insurance claim process, but driving through the window of your insurance provider’s office is probably not the best one. An elderly woman who was on her way to the dentist accidentally crashed her minivan into the local office of US insurer […]
Insurance taxes: the latest shot in an interminable battle By rights, insurance-based taxes in Australia should be long gone. Review after review has labelled them inefficient and recommended their abolition – yet they remain in operation in most states and territories. A lack of political will and imagination about what should take their place has […]
El Nino ‘good news for insurers’ The El Nino weather phenomenon will benefit Australian general insurers, according to a new report from Morgan Stanley. The financial services giant says any increase in bushfire threat due to the expected warm and dry conditions is more than outweighed by a predicted reduction in tropical cyclones and floods. […]
How to insure a driverless car? Driverless cars and automated vehicles will not prove to be the “death knell of insurance” as the industry continues to grapple with the technology, an industry expert has said. With the first driverless car testing in the Southern Hemisphere completed in Adelaide over the weekend, Mervyn Rea, head of […]
Understanding bush fire Every fire is different.Understanding how a fire behaves will help you to understand how to prepare your property.A more intense fire will generate more heat, be harder to control and cause more damage than a smaller or less intense fire. Fire intensity depends on three main factors: vegetation, weather and topography. VegetationVegetation […]
Some cyber data to consider We appreciate the proliferation of ‘cyber’ artcles that are saturating insurance publications of recent times. What this does tell consumers is that it is topical for a reason, and has been clearly identified as the peril all of us are exposed to like never before. Our team can help you […]
Lloyds comment on ‘new risk’ The latest Lloyd’s emerging risk report has been released as the global player takes an in-depth look at accumulations of liability risk and how big data analytics can be used to help manage the threat. The report looks at the difficulties in predicting accumulated liability risk and “the potential to […]
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