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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 […]

THE MOST DANGEROUS OCCUPATIONS IN AUSTRALIA

How dangerous do you think your job is? Maybe you work in construction, or maybe your office building has a less-than-stellar maintenance record. No matter where you spend your nine to five, or even five to nine, every occupation comes with inherent risks, and it’s important to safeguard yourself against them. Still, not all jobs […]

CYBER INSURANCE GETS A ROCKET

Mandatory data breach legislation comes into effect February and has already put a rocket under the local market in cyber security insurance as well as supporting legal services. Earlier this year, the Insurance Council of Australia said the local cyber insurance market had been growing more quickly than any other commercial risk market. “Cyber-insurance is recognised […]

BUSINESS INSURERS TOO SLOW TO REACT TO CLAIMS?

Following a loss, it is vital that your insurance returns you to your pre-loss situation. Are slow claims turnarounds a concern for your business? Our dedicated claims team ensure that your claim is turned around in a timely fashion. Contact us today to find out how we can help your business. SME’s left short funded following losses Insurers […]

Hacking Can Affect Anyone!

SMEs thinking that hacking isn’t a relevant issue to them are being urged to think again, as a hack on a Perth business results in a flood of fake online ads. A Perth-based real estate agency had its computer systems hacked, resulting in scammers publishing fake rental ads. Read more here. Source: My Business

The Risk Of Shadow IT

By 2020, one in three successful cyber-attacks on organisations will be via shadow IT (Gartner) – in other words, the apps and software employees use without their employer’s approval or authorisation. According to Vaughan Klein, Regional Manager of Collaboration at Cisco Australia and New Zealand, the billions of dollars Australian businesses invest in security annually […]

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