Australia takes a tumble Australia has taken a ten spot tumble down an FM Global ranking of businesses resilience to supply chain risk, falling from 4th to 14th. The Resilience Index is compiled annually using three core factors of business resilience to supply chain disruption: economics, risk quality and qualities of the supply chain itself. […]
A benefit for all professionals We at Austbrokers Terrace take great pride in the pricing and policy conditions we are able to offer those professionals that operate within the Dental Industry. What is even more pleasing is the fact we have the ability to provide this policy to any professionals reconsidering their current insurance program. […]
Management Liability Pillars For any one wondering about the key components of management liability, we provide a simple synopsis. We hope this is of value to our existing and potential clients as well. Insured persons liability Covers loss arising from claims brought against the directors, officers or employees acting in a managerial or supervisory capacity […]
Another Cyber Crime Incident ! The following article is indicative of the inability for Business to combat the ever increasing Cyber Crime epidemic. This class of insurance will become the money cover of a decade ago and it is vital that the public at large recognise this growing exposure before it is too late. Speak […]
“It won’t happen to me” The above title could also be ‘famous last words’ The point is , we do ‘get it’. We all make judgements based on knowledge and history, and make snap decisions daily based on weighing up the risk. We ‘risk’ swimming with 5,000 fellow beachgoers on a hot day knowing that […]
READY FOR THE WORST Business Interruption is probably the insurance product that is less understood by both the public and insurance industry alike. Our team have has much experience and understanding as any of our peers and are enthused to assist our existing or potential clients on getting this right, as to not do so […]
SMALL BUSINESS SCAM WARNING Small businesses have been warned about a rise in ransomware cyber scams, estimated to cause losses of up to $1 million a year. ACCC Deputy Chair Dr Michael Schaper says that the ACCC received more than 2500 ransomware complaints last year. “Several people reported losing over $10,000 to these scams, which […]
Are you a small business director? Small business owners are offered a helping hand with a new online resource explaining roles and responsibilities of company directors. Released by ASIC, the resource may be useful to brokers when initiating discussion with their small business clients about directors and officers insurance. Furthermore, the guide offers a reminder […]
CORPORATE TRAVEL CLAIMS SCENARIO AND SOLUTION. At Austbrokers Terrace, we focus on the needs of our commercial clients. Travel, whether for holiday or business, has become a regular part of our busy lives. The following article and attachments are just one example of the functions we can perform as your broker. We trust you find […]
Industry cautions holidaymakers over online rental During peak holiday periods, householders are being urged to contact their insurer before renting out their properties to holidaymakers. The popularity of online services such as Airbnb and Stayz that offer peer-to-peer booking services has the appeal of meeting new people and earning extra revenue. However, it leaves homeowners […]
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.