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 […]
Can You Claim on Your Home Insurance for Fence Damage?
Your home might be your castle, but the boundary fence is your front line. What does it mean for your insurance if your fence is damaged or destroyed? This article prepares you mentally for the process should you need to claim. Are fences covered by home insurance? Typically, home insurance covers fence damage or destruction […]
Latest Articles
Happy New Year
Wishing you and your families a happy, safe and prosperous New Year. The team at ...
Seasons greetings
With best wishes to you and your families at this festive time from the team ...
The Annual Risk Health Check: Why Every SME Needs It
Your business can change a lot in a year – expanding, shifting online, hiring staff, ...
No Office, No Servers—No Insurance? Think Again
Across Australia, more businesses are operating without offices or in-house servers, choosing cloud-based platforms instead ...
Underinsurance in Property: A Growing Concern
Australian businesses are feeling the squeeze of rising insurance premiums, building costs, and extreme weather—but ...
Protecting Your Business in the Digital Age
More than four in 10 Australian SMEs now rely on AI for daily operations, from ...
What’s Legal, What’s Risky, and What’s Insurable?
If your SME is using or planning to use electronic surveillance, this article outlines what ...
Protecting Your SME from Real-World Risk Events
Running a small or mid-sized business in Australia means juggling costs, staffing, and cash flow ...
Bots, Breaches and Business: Cyber Risks for SMEs Evolve
Cyber threats are evolving faster than most businesses can keep up, and Australian SMEs are ...
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