In the fast-paced world of commercial transportation, ensuring that your insurance premium and policy are as hardworking as your road operations is crucial. Check out these tips to help get the most value, while still transporting goods safely. Factors impacting commercial truck insurance First, let’s understand what drives the premium. Insurers consider: Add to those […]
What safety measures should Australian women take when trave...
A newly released survey by Opinium, commissioned by World Travel Protection, has delved into the safety practices adopted by Australian women when travelling for business purposes. The research, focusing on 500 Australian business travellers, indicates that a significant 88% of female travellers proactively adopt measures to ensure their security during solo travel. Safety measures women […]
EV charging stations – what are the risks and insurance impl
Tips offered to property owners and landlords Gallagher has delved into the emergent risks associated with the deployment of electric vehicle (EV) charging stations across Australia. In its latest blog, Gallagher highlighted the potential hazards linked to lithium-ion battery fires, known for their intensity and prolonged duration, which can lead to considerable property damage. This […]
Revealed – travel insurance costs surging in Australia (Fina
Financial comparison site Mozo’s latest Travel Insurance Report for 2024 has brought attention to a significant surge in travel insurance costs for Australians. The financial comparison site revealed a noteworthy 24% average increase in travel insurance expenses across essential, comprehensive, cruise, and ski policies over the past 12 months. The research outlined specific areas where […]
Spotlight on Work-Vehicle Bingles & Managing Your Risks
As a business owner, you know how important it is to maintain the safety of your work fleet and have clear policies for staff using them. The cost of fleet accidents The social and economic costs of all road crashes in Australia are more than $30 billion each year, according to the Bureau of Infrastructure and […]
Builders’ Insurance: What Your Business Needs To Know
Australian builders are experiencing slim margins, but to help with costs, it pays to have a tight rein on your risk management. We’re not quite seeing what’s happening in the UK, where builders are pulling in the profits, charging about a 10% premium over the price of an existing home. Back in Australia, you do have […]
Your Guide to Benefits & Risks of Becoming a Franchisee
Franchising can be a great way to start a business with a ready-made model and resources for a fee. Research shows that four out of 10 franchisees used to work for the franchisor, making it a natural transition. Franchising is a mature sector in Australia, so franchisors are becoming creative in finding ways to expand. Even part-time […]
Happy New Year
Wishing you and your families a happy, safe and prosperous New Year. The team at Austbrokers Terrace look forward to welcoming you again in 2024.
Season’s Greetings
Very best wishes from the team at Austbrokers Terrace to you and your families for the festive season.
Selling Yourself Short? Why You Should Avoid Underinsurance
Is your small business among the one in four that say they’ll go under if faced with a liability claim? That’s the alarming statistic from one insurer’s survey. More respondents said they would: At the crux is understanding the cost of and whether you would be able to fund the costs of legal action due to […]
Latest Articles
Bots, Breaches and Business: Cyber Risks for SMEs Evolve
Cyber threats are evolving faster than most businesses can keep up, and Australian SMEs are ...
“Large Company” breach sparks AI scam alert for Australians
The recent Qantas data breach has brought renewed attention to the changing nature of cyber ...
Is Your Roof Maintenance Up to Scratch? How to Go About It
In Australia, it’s not simply the age of your roof that determines whether your insurance ...
Covering Your Bases When Hiring from Overseas
If you’re running a farm in Australia, you understand the reality of the seasonal labour ...
Is Your Micro-SME Protected Against Financial Shocks?
Micro and small-to-medium enterprises (SMEs) drive the Australian economy, comprising over 98% of all businesses ...
Today, we look to the future …..
But remember the past. We remember and honour the brave men and women who have ...
Chronic Disease and How It Can Impact Your Business
About half of Australians have one or more chronic diseases or conditions, says the Australian ...
2025 Focus: Protecting Your SME From Climate-Driven Threats
Australia’s climate is changing rapidly, and businesses can no longer overlook the impacts. From harsher ...
Wellbeing Wins: What Worked for Australian SMEs in 2024
Fewer than half of Australian workers said their employers would put worker wellbeing above short-term ...
Cyber Safety, Simplified: The Essential Eight Principles
Cyber threats pose a constant and increasing concern for businesses of all sizes, including SMEs. ...
DISCLAIMER
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.