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 […]
Small Business Directors Defined
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
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 […]
Online Rental Insurance Concerns
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 […]
The difference between Management Liability and Directors an...
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 […]
Insurance Products for Dental Professionals
GREAT INSURANCE OPPORTUNITIES FOR THOSE WITHIN THE DENTAL INDUSTRY By now, most of the Dental Professionals in South Australia would be familiar with our Company’s long association with your industry, as we have provided insurance products and expertise for over 25 years! We work hard to justify your Association’s endorsement of our services as it […]
Cyber Crime – What is it and how can it be prevented?
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 […]
Who are Austbrokers Holdings
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 […]
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