CGU Insurance has launched a new cyber defence product aimed at mitigating the rising tide of cyber-attacks. The company believes its new offering CGU Cyber Defence, developed with SMEcustomers in mind, will protect businesses from cybercrimessuch as privacy breaches, system damage, extortion, computer viruses, crime and hacking. Cyber security is one of the biggest issues facing […]
I’ll Take Cyber Insurance with That (Please)
You have either been hacked or are being attacked as we speak, or you will be in the future. It’s clear that Cyber insurance is a subject that is not often discussed openly and this is an area we are all learning about. Cyber-insurance is an insurance product used to protect businesses and individual users from Internet-based risks, […]
When employees strike back – Cyber style!
The impact of cyber crime can spread far and wide Yes, we realise that our blog articles are often involving events related to cyber crime and similar activities. We try to provide an insight into what is topical within our industry and, unfortunately, the cyber crime issue is taking the prime time slot. We wish […]
Understanding Business Interruption
Some Guidance on Business Interruption This is an article written by Dr Allan Manning, probably the foremost expert in respect to Business Inrterruption in Australia, its implications and benefits.We trust the read will be worthwhile and if it provokes any queries please contact the Austbroker Terrace team immediately. As follows – The first two months […]
The Cloud – 10 Things You Need To Know
Is the cloud safe? 10 things you need to know If we’re talking about the cloud, we have to talk about security. It seems that every time the cloud is brought up in the enterprise, the conversation to follow is focused on how secure, or not secure, it really is. Some would have you believe […]
A UK Perspective on Cyber Crime
Murphy’s Law may not be enough Everyone agrees data breaches and cyber attacks are on the increase, and that the size of potential losses is vast. Why then is take-up of cyber insurance still so low?The Association of British Insurers says despite 90% of large UK businesses suffering a breach in the past year, only […]
Hird sues but will he strike out yet again?
A lack of sound advice or naivety? The following article is an excellent example of how what is covered under an insurance contract can be easily misinterpreted or misunderstood. We at Austbrokers Terrace are not arrogant enough to suggest we would have provided a more informed process in this instance, but this should at least […]
Horse SA and ABT
Forging partnerships Austbrokers Terrace pride themselves on forging relationships with organisations that could have a financial benefit for both parties. Horse SA is another of our clients that we have entered into such an agreement. How does this work? Simply, if you are a member of Horse SA and our company are successful in securing […]
A potential belly ache
Food for thought In NSW, restaurant kitchen indiscretions are plastered on a public website for all to see. In Victoria, council officers have the power to shut down hygienic premises. In Queensland, food suppliers that fall afoul of regulations can be fined more than $75,000.These are just some of the risks faced by any business […]
Stranded In Bali without the correct Travel Insurance
Having the right Travel Policy The current news cycle has been dominated by the news that many Australians are either stranded in Bali, or unable to begin their long awaited holiday due to volcanic activity causing a hazard on the regular flight paths. It won’t be long before the more sensationalist media avenues will be […]
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