The impact of cyber crime can spread far and wide Yes, we realise that our blog articles are often involving events related to cyber crime and similar activities. We try to provide an insight into what is topical within our industry and, unfortunately, the cyber crime issue is taking the prime time slot. We wish […]
El Niño – this could be as big as it gets
Whether the weather will affect us The El Niño weather event currently in place across the Pacific, including Australia, has the potential to be one of the worst ever, according to experts. The Bureau of Meteorology has consistently warned of a rising El Nino threat over the past months and now global experts have stated […]
Insurers biggest risks
What risks our industry fear Insurers have named cyber risk as the biggest risk they face in Australia, according to the latest research conducted by PricewaterhouseCoopers. The 2015 Insurance Banana Skins Survey asked 806 insurers from more than fifty countries what they saw as the biggest risks to the insurance industry and the 28 Australian […]
Ooooops!
Bad balance! A 12-year-old Taiwanese boy who accidentally tripped and fell, punching his fist through an antique painting valued at $2.1 million, has joined a growing list of art fumblers keeping insurance companies busy. The trip, which looked like something out of a Charlie Chaplin movie, saw the boy stumble over the rope barrier intended […]
Drones – An interesting read
The rising risk of drones An ever-increasing range of applications have made drones the highest flying aviation sector in terms of growth but a leading insurance authority has warned of key risks that threaten to ground the industry. A new report from Lloyd’s predicts that expenditure on drone acquisition alone is expected to double to […]
Lost mobile phone tales from the public!
Too bizarre to be a lie! Here’s a moral dilemma for you. If you lost your mobile phone up a cow’s behind, would you come clean (as it were) to your insurance company? Or just pretend you’d left it on the bus? All things considered, we think we’d probably go for the latter option. However, […]
Are we prepared for flood?
Could we handle flood? A leading expert has criticised Australia’s readiness for flood following storms which hit Sydney and New South Wales this week. The weather, which saw hail the size of 20 cent coins and severe weather conditions hit Sydney and the New South Wales south coast, saw many areas affected by flash flooding. […]
Understanding Business Interruption
Some Guidance on Business Interruption This is an article written by Dr Allan Manning, probably the foremost expert in respect to Business Inrterruption in Australia, its implications and benefits.We trust the read will be worthwhile and if it provokes any queries please contact the Austbroker Terrace team immediately. As follows – The first two months […]
The Cloud – 10 Things You Need To Know
Is the cloud safe? 10 things you need to know If we’re talking about the cloud, we have to talk about security. It seems that every time the cloud is brought up in the enterprise, the conversation to follow is focused on how secure, or not secure, it really is. Some would have you believe […]
Construction and Credit Insurance
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 […]
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