A police officer in the UK has been given close to $20,000 (£12,000) in compensation after being bitten by a flea at work. The monster claim for the mini bite saw the detective sue West Midlands Police, which also had to pay over $6,800 (£4,185) in legal fees. A West Midlands Police spokesperson told The Daily […]
CYBER INSURANCE GETS A ROCKET
Mandatory data breach legislation comes into effect February and has already put a rocket under the local market in cyber security insurance as well as supporting legal services. Earlier this year, the Insurance Council of Australia said the local cyber insurance market had been growing more quickly than any other commercial risk market. “Cyber-insurance is recognised […]
INTRODUCING CORAL REEF INSURANCE
Insuring a coral reef may be a fairly unusual situation. But if you have any insurance related enquiries, no matter how challenging, please get in touch with us today. Leading Global Reinsurer has introduced insurance for coral reefs. Close to 60kms of coral reef off the coast of Mexico is the latest ‘asset’ to enjoy […]
BALI VOLCANO ERUPTION 2017 – FLIGHTS, TRAVEL INSURANCE & ASH
If an area presents a high risk, insurers may enact an “embargo”. This means htat unless you arrange insurance well in advance of your trip, you may not be able to get cover at all. Austbrokers Terrace has a tool for arranging simple travel insurance – click here to try it now. Should you still […]
A BIG WEEK AT THE FOOTY
The team at Austbrokers Terrace extend their congratulations, best wishes and support to the Crows tonight and the Power on Sunday, as they begin their finals campaign in the hope of lifting the Premiership Cup aloft in early October. For any parochial South Australian football follower you would quickly recognise the first paragraph as pure […]
TRAVEL INSURANCE: WHAT HAPPENS IF YOU CAN’T PAY YOUR MEDICAL
Austbrokers Terrace are proud to offer an extremely competitive Travel Insurance online purchase system. As always, please feel free to contact us if we can be of any assistance. Travel Insurance is very affordable, but the consequences of being caught without are not! RANI Vincent was young, fit and looking forward to the snowboarding adventure […]
AUSTRALIA’S WORST DRIVERS REVEALED
A survey from fleet management firm TomTom Telematics has found that sports car and SUV drivers are considered the worst on Australian roads. The survey questioned 1,000 Australians with a valid driving license to identify the worst drivers across the country. Thirty-two per cent of those surveyed identified sports car and SUV drivers. Truck drivers […]
BROKER OR DIRECT: A SIMPLE CHOICE… OR IS IT?
The “Broker or Direct Insurer” argument may not be as simple as it seems… Whether one refers to it as Retail insurance, Domestic insurance or simply Home & Motor, there have existed two paths a customer can go down to arrange cover. Namely the broker (intermediary market) or the direct market (all those companies that […]
CYBER INSURANCE – A DIFFERENT PERSPECTIVE
Cyber Liability & Cyber Crime – more valuable than we realise? For any insurance customer, particularly business owners, there is a proliferation of articles to consume about the urgent necessity to protect your business against the growing criminal epidemic that is cyber-crime. For any individual, it is difficult to know where to start. Questions one […]
BUSINESS INSURERS TOO SLOW TO REACT TO CLAIMS?
Following a loss, it is vital that your insurance returns you to your pre-loss situation. Are slow claims turnarounds a concern for your business? Our dedicated claims team ensure that your claim is turned around in a timely fashion. Contact us today to find out how we can help your business. SME’s left short funded following losses Insurers […]
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