Kangaroo collisions are costing Australian drivers more than $6 million in excess on insurance claims a year, according to research from Huddle Insurance’s ‘Roo Report’. The average vehicle damage costs after a kangaroo crash are estimated to be around $4,000. More than 7,000 drivers are involved in, and claim for, kangaroo collisions in Australia every […]
New app to assist Australians understand severe weather risk...
The Insurance Council of Australia (ICA) has developed a mobile phone and tablet app called MyHazards, that summarises the severe weather-related and natural disaster risks that could potentially affect homes and businesses. ICA CEO Rob Whelan said: “The MyHazards app has been designed to help householders and businesses across Australia, by simply putting in the […]
The tax time scams targeting your business and how to avoid ...
Accountants and bookkeepers are making hay while the sun shines in the lead up to tax time — but they aren’t the only ones. Cyber security experts are predicting an increase in scam activity targeting small-to-medium businesses over the next month as fraudsters ramp up their tax time scams. Large-scale data breaches have put downward […]
The future of business
How emerging technologies are changing work processes Emerging technology is already changing how people work and the next five years is likely to see even more seismic changes in work processes. Organisations already exploring and implementing automation are one step closer to a seamless transition to the future of work and negating comparative inefficiencies and […]
How to keep your data secure while travelling
When you start to plan your travel contact the Austbrokers Terrace team. We are able to provide extremely competive and affordable travel insurance to make your journey a little less stressful! However, many of you are also thinking about how to keep your data secure whilst you are away. You may find this information useful. […]
Notre-Dame: iconic cathedral had no insurance
The French Government will be footing the bill for rebuilding Notre-Dame de Paris as the cathedral is state-owned and has no private insurance cover against fire and other catastrophes. But Axa, the country’s biggest insurer, is possibly facing huge claims as it provided insurance for some historical items that were housed in the Paris cathedral. […]
Something different…….
The Case for Finally Cleaning Your Desk – at work or at home The physical environment of the workplace has a significant effect on the way that we work. When our space is a mess, so are we. That is certainly true from a simple logistical perspective: we lose precious work minutes every time we […]
PERILS reveals initial property market loss for Queensland f...
An independent Zurich-based organisation has revealed its initial estimate of the insured property market loss for the catastrophic floods that inundated northern Queensland, and in particular the city of Townsville, between January 26 and February 10. PERILS estimated the initial property loss for the Townsville flood event to be at $957 million. The figure, which is […]
Could Your Airbag Take a Life? It Only Takes a Minute to Che...
If you haven’t already heard, vehicles with Takata airbags across the world have been recalled. When a faulty airbag deploys, there’s a risk the inflator could rupture, firing shards of metal into the vehicle. As many as 2 in 7 cars on Australian roads have been affected by this recall, so there’s a chance that […]
More Australians Don’t Think Private Health Insurance Is Ess
New research has revealed an adverse trend in the attitudes of Australian fund members towards private health insurance over the last four years, with the biggest change being how they feel about the importance of life cover. Roy Morgan’s Single Source Survey (Australia) showed that the majority of fund members still agree that “above all else, private […]
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