“It won’t happen to me” The above title could also be ‘famous last words’ The point is , we do ‘get it’. We all make judgements based on knowledge and history, and make snap decisions daily based on weighing up the risk. We ‘risk’ swimming with 5,000 fellow beachgoers on a hot day knowing that […]
READY FOR THE WORST Business Interruption is probably the insurance product that is less understood by both the public and insurance industry alike. Our team have has much experience and understanding as any of our peers and are enthused to assist our existing or potential clients on getting this right, as to not do so […]
SMALL BUSINESS SCAM WARNING Small businesses have been warned about a rise in ransomware cyber scams, estimated to cause losses of up to $1 million a year. ACCC Deputy Chair Dr Michael Schaper says that the ACCC received more than 2500 ransomware complaints last year. “Several people reported losing over $10,000 to these scams, which […]
Are you a small business director? Small business owners are offered a helping hand with a new online resource explaining roles and responsibilities of company directors. Released by ASIC, the resource may be useful to brokers when initiating discussion with their small business clients about directors and officers insurance. Furthermore, the guide offers a reminder […]
CORPORATE TRAVEL CLAIMS SCENARIO AND SOLUTION. At Austbrokers Terrace, we focus on the needs of our commercial clients. Travel, whether for holiday or business, has become a regular part of our busy lives. The following article and attachments are just one example of the functions we can perform as your broker. We trust you find […]
Industry cautions holidaymakers over online rental During peak holiday periods, householders are being urged to contact their insurer before renting out their properties to holidaymakers. The popularity of online services such as Airbnb and Stayz that offer peer-to-peer booking services has the appeal of meeting new people and earning extra revenue. However, it leaves homeowners […]
ML and D&O: what’s the difference? Our team at Austbrokers Terrace boast experts in this intricate area of insurance and are available to provide their expertise to both new and existing clients. Management liability and directors and officers insurance (D&O) are often seen as similar products. However, D&O is a product designed […]
What is cyber crime? Cyber crime encompasses almost any criminal activity that can be perpetrated via the internet and computers Cyber crimes include cyber-stalking, industrial espionage and information theft, fraud, extortion, identity theft, phishing scams and cyber terrorism. Cyber criminals use malware and viruses, computer and network hacking, denial of service attacks and fraudulent online scams […]
A leading insurance broking, underwriting agency and risk services group. A diversified and integrated company spanning the full spectrum of insurance and risk management. Our 70+ businesses comprise an extensive insurance broking network, specialist underwriting and a variety of risk management services. The driving philosophy behind our success is an equity-based business model, where the […]
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.
