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November 2016 - Austbrokers Terrace Insurance | Adelaide | Melbourne

Hacked by Your Fridge

The use of the “Internet of Things” to execute a recent cyber attack has raised fears billions of digital devices could be compromised unless security measures are significantly improved in the next few years. Could your internet fridge be hacked? Reaf full article here. Source: Indaily Image: Shutterstock

1 in 5 Businesses Considering Cyber Insurance

1 in 5 Businesses Considering Cyber Insurance

One in five small businesses are looking to purchase cyber cover, presenting brokers with an opportunity to help their clients and boost their businesses, a new report has found. Cyber security firm Norton by Symantec released a new report today which revealed that 19% of small businesses in Australia are looking to purchase cyber cover in […]

Entering the Battle Field

Entering the Battle Field

                             It’s not just big businesses that face the prospect of long, drawn-out court battles over everything from unfair dismissal and regulatory discrepancies to occupational health and safety concerns. Small-to-medium enterprises are being drawn increasingly into the quagmire of litigation and business […]

Cyber Insurance Set to Rise in Australia

Cyber Insurance Set to Rise in Australia

The number of Australian small businesses with cyber insurance is set to increase, with new research showing one in five Australian SMBs experiencing a cyberattack. New figures from Norton by Symantec revealed 19% of Australian small businesses are looking to purchase cyber insurance in 2017. Currently, only 14% hold a cyber insurance policy. Read full article […]

Cutting It as a Hairdresser

Cutting It as a Hairdresser

Hairdressers are often working with chemicals, scissors and razors in their clients’ homes and therefore should ensure they have adequate insurance cover, including public liability insurance and cover for their equipment, some of which can be expensive to replace. For personalised assistance with your beauty or hairdressing insurance needs, click here. Read full article here. […]

The Dangers of Travelling without Insurance

Eight per cent of Australian adults travelled without travel insurance on their last overseas trip according to a survey commissioned by the Australian Government and the Insurance Council of Australia – that is 850,000 visits by Australians overseas without insurance- pretty scary numbers. The Australian government are urging people to make sure they have adequate […]

Four Expert Tips to Protect Your Business Online

Four Expert Tips to Protect Your Business Online

                   World-renowned hacker turned cyber security consultant Kevin Mitnick provides his top tips on protecting your business from cyber attacks. These include using a VPN; password manager; opening attachments using google docs and two-step authentication. Click here to read about how we can assist you with cyber […]

Emergency Management Planning in Wake of Natural Disasters

In Australia, the reality of natural disasters such as flood, fire and even earthquakes can strike without warning. Your business is critical to your financial wellbeing and could also be a necessary service to your community, so naturally you want to protect what you can. Emergency management planning can help you identify risks to your business, […]

Discover of TNT on Plane Complicates Insurance

Common exclusions in aviation insurance policies may stymie coverage for families of the victims of EgyptAir Flight MS804, as new evidence seems to point to deliberate sabotage of the aircraft, which plunged into the sea while flying from Paris to Cairo in May. Trace levels of the explosive material TNT were found on debris from the […]

Drones to Drive Disaster Response

It may seem like a high-flying idea but drones are set to have a major impact on the insurance industry through business practices and new coverage. Mark Mitchell, CEO Asia of Allianz Global Corporate & Specialty, told Insurance Business that drones will be key to the industry over the coming years. “Drone data could drive the future of […]

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