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July 2018 - Austbrokers Terrace Insurance | Adelaide | Melbourne

KANGAROO COLLISIONS ON THE UP

They may be Australia’s national animal but it seems the much-loved kangaroo could be causing a headache for insurers after reports indicated a sharp increase in the number of ‘roo-related car crashes. Smash repairers in Australia’s south-east told ABC News that they’ve seen a dramatic jump in the number of cars colliding with kangaroos, with […]

PURCHASING BUSINESS INTERRUPTION INSURANCE

5 REASONS WHY PURCHASING BUSINESS INTERRUPTION INSURANCE HAS BECOME A TOP CONSIDERATION FOR CORPORATIONS IN ASIA-PACIFIC Risk barometers, risk reports and global risk management surveys all indicate Business Interruption as one of the main risks companies face today. During Swiss Re Corporate Solutions ‘award winning’ business interruption masterclass, we’ve had the opportunity to present to […]

INSURANCE AND THE DIGITAL HEALTH REVOLUTION

Healthcare is about to change beyond recognition. A host of technologies are uniting to transform the way we treat patients and develop cures – from artificial intelligence to remote patient monitoring and interactive telemedicine services. According to Rock Health, $1.6bn of funding flowed into the eHealth sector during the first quarter of 2018, exceeding comparable […]

OBSCURE ROAD RULES CATCHING OUT AUSTRALIAN DRIVERS

We’d all like to think road safety messages have started to sink in for Australian drivers. The majority follow the rules by sticking to the speed limit, obeying traffic signs and ignoring phones and other hand-held devices while behind the wheel. However, a shocking stat released by finder.com.au shows that 70% of Aussies have admitted […]

FAR OUT FRIDAY: FIVE-YEAR-OLD LANDS PARENTS WITH $177K BILL

The ‘you-break-it-you-buy-it’ rule may be every parent’s worst nightmare but it’s one that could be about to come true for a US mother after her son knocked over an incredibly expensive sculpture. Sarah Goodman was attending a wedding reception at a Kansas community centre when her five-year-old attempted to hug a mosaic bust but accidentally […]

THE TRUE MANAGEMENT LIABILITY SOLUTION FOR SOLE TRADERS

The W. R. Berkley product detailed below is just one example of a product which can cover Management Liability exposures for sole traders. If you are concerned about some of the below exposures, please contact us to discuss Management Liability further. Management Liability (ML) was developed after the realisation that Directors and Officers provided limited […]

CYBER WARNING: WEB-BASED CORPORATE EMAIL COMPROMISES RAPIDLY...

As the rate of corporate email compromise increases, ensuring that you are insured for Cyber Incident Response is a must-do. Contact us now to discuss options. CYBER ALERT – JULY 2 2018 Web-based Corporate Email Compromises Rapidly Increasing The CFC Incident Response team has seen a surge in cybercrime against corporate web-based email accounts, like […]

Dental Industry

Dental Professional Insurance

Our relationship with the Dental Industry has been a long and successful one and is the ‘jewel in our crown’. We are the Dental Industry Insurance professionals and have tailored products specifically for this industry. Our most recent tender process provided our best result yet, with the development of further improved and tailored products that […]

Engineering and Manufacturing

Many of our Senior Brokers cut their ‘broking teeth’ when the design and manufacturing of products within Australia was at its peak. While the landscape has changed somewhat over the years, there remains a large proportion of business still doing what they always did, if perhaps a little differently. Maybe your designing is done locally […]

Fleet and Heavy Motor

Heavy Motor Insurance, and to a lesser extent Fleet Insurance, is never easy for business owners to understand when arranging cover. The market is often quite limited, and there are various ways of insuring these assets, whether it be self-insuring a portion of the risk or taking higher excesses to reduce premiums. You can even […]

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