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January 2022 - Austbrokers Terrace Insurance | Adelaide | Melbourne

What Australian homeowners need to know about underinsurance

The vast majority of Australian households carry some form of home insurance, according to the Insurance Council of Australia (ICA). But the big question is – are they getting enough coverage? In an interview with financial comparison website Canstar, Lisa Kable, spokesperson for ICA, said that between 90% and 95% of all owner-occupied homes in […]

What Australians should consider when buying travel insuranc...

At the start of the month, the Australian government began easing its border restrictions, allowing fully vaccinated citizens and permanent residents to travel abroad and return without limitations. However, the government also warned that the lifting of restrictions does not indicate that international travel has returned to pre-pandemic conditions as border settings and quarantine requirements […]

Business Australia warns businesses to prepare for a rise in...

Cyber experts expect a rise in cyberattacks in 2022 as many businesses and organisations remain digital due to the COVID-19 pandemic. Last week, member-owned organisation Business Australia warned that now is a prime time for ransomware attacks. Last month, Emergence Insurance head of underwriting and product development Jeff Gonlin stated in a webinar for brokers […]

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