The Ferrari and the rich kid Despite having 15 luxury cars already in his possession, the son of a Swiss multi-millionaire was so intent on upgrading his collection he devised a scam to claim another model on his insurance. The unnamed 20-year-old, who was said to have become bored with his Ferrari 458 Italia, (similar […]
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 […]
Arthur Diamond
The Heavy Haulage Industry has gone through many ‘ups and downs’ over the last few years and our business has had to adapt accordingly. Austbrokers Terrace has worked alongside us during this period, keeping us informed at all times of how our insurances are impacted and making certain we have the right cover in place […]
Stan Quin
I have always believed in the importance of insurance and by that I mean the best cover I can realistically afford. On the rare occasions I have needed to claim, the advice I have received from Austbrokers Terrace has meant the outcome was always excellent. Recently, I required emergency medical assistance whilst travelling overseas and, […]
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 […]
Remote control car – Cyber style!
Another unbelievable cyber tale A cyber breach that allows hackers to take control of a moving vehicle has been demonstrated in an alarming new investigation. Conducted by tech magazine Wired.com, the shocking footage shows the moment a car travelling on a busy freeway is high-jacked by hackers who remotely access the vehicle via its on-board […]
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