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 […]
Five ways your customers can help you get ahead
There are infinite factors that contribute to the inevitable success or failure of a business, but the secret to success may be right in front of you – and that’s your customers. My customer experience secret is a concept I call “customer advocacy.” This is when “customers go beyond brand loyalty, they go out of […]
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. […]
Five tips for business growth in spite of the Federal Electi...
It’s been a good year for small business. Over the past 12 months, most have increased their revenue and customer base. At any other time, this would mean small businesses have a very positive outlook, yet many small-business owners say they’re delaying critical business decisions due to uncertainty ahead of the Federal Election. Given the […]
Is credential stuffing the next big cyber threat?
Brokers and businessowners are being warned about the rise of credential stuffing – an illicit online activity which could be the next big cyber threat to hit Australia. First coined in 2011, credential stuffing is the term used when hackers take a username and password, then run it through different sites to see if they […]
Allianz reveals “eye-watering cost” of cyberattacks
With cyberattacks getting increasingly sophisticated, it has become one of the most significant risks for businesses, resulting in “eye-watering losses” of as much as US$600 billion ($840 billion) a year worldwide, according to global insurer Allianz. Sinead Browne, chief regions and markets officer at Allianz Global corporate and specialty, said much of this loss was […]
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. […]
Chubb issues warning on potential cyberattacks against SMEs
Chubb has published an advisory which outlines that while cyberattacks on major companies often make the headlines, SMEs continue to be much more common targets. Entitled “Cyber Attack Inevitability: The Threat Small & Midsize Businesses Cannot Ignore,” the advisory noted that – according to Chubb’s claims data – 60% of all cyber events experienced by […]
Businesses in Australia remain unprotected by terror insuran...
As the Christchurch shootings unfolded on 15 March, the city went on lockdown and businesses had to close their doors. As the lone-wolf style terror attacks become more common, cities respond with closing off entire streets and business districts. Stella Pruscino, Account Director at Edgewise Insurance Brokers has expressed concerns regarding the current exposure for […]
What Is An Underwriting Agency?
An underwriting agency is a specialised type of insurance agent or broker that has been granted underwriting authority by an insurer, according to the International Risk Management Institute (IRMA), and can administer programs and negotiate contracts for an insurer. An underwriting agency’s functions can include binding coverage, underwriting and pricing, settling claims, and appointing retail […]
Latest Articles
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. ...
Balancing Maintenance and Innovation: A Must for SMEs
According to the Reserve Bank of Australia, SMEs spend 25% more on research and development ...
Flood Risks are Rising. Is Your Home Insured Against Damage?
Flooding is a major and worsening risk for many Australian property owners. Recent findings from ...
Fire risk alert: Why you need to dispose of batteries the right way
A huge rise in battery fires is putting local garbos and the environment at risk ...
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.