Product liability cover can vary, with claims depending on the individual business and the product it sells. Regardless, Product liability will ensure you are protected from the inevitable mishap.Product liability can provide protection for property damage or personal injury claims arising out … [Read more...] about Why small businesses need product liability insurance
The outlook for the insurance market in 2020 and beyond will see insurers continue to closely scrutinise their underwriting results across all classes of commercial and domestic insurance.Put simply, insurers have their sights firmly set on underwriting profitability not written premium volume … [Read more...] about The Insurance Market 2020
Climate change and increasing weather volatility has surged into third place in an annual Allianz Global Corporate and Specialty (AGCS) survey of business risks facing the Australian insurance industry.This article first appeared in Insurance News Magazine. The climate concerns in the 2020 … [Read more...] about Climate concern jumps up worry list
Bushfire insurance claims for property losses could breach $600 million, with about 1,300 homes razed so far across NSW, Victoria, South Australia, and Queensland since late August, as firefighters continue to battle the fires raging across the states.More than 4,200 claims worth $297 million … [Read more...] about Australia fires damage bill could top $600 million
Australia is in the grip of deadly wildfires burning across the country, triggering an emotive debate about the impact of climate change in the world’s driest-inhabited continent. The unprecedented scale of the crisis, and images of terrified tourists sheltering on beaches from the infernos, has … [Read more...] about Australia’s wildfire crisis: the key numbers
For a small business, even the smallest cyber security incident can have devastating impacts.This guide has been developed by at the Australian Cyber Security Centre (ACSC) to help small businesses protect themselves from the most common cyber security incidents.Download the PDF … [Read more...] about Small Business Cyber Security Guide
Make sure you have the level of protection you need Your business is one of the most valuable assets you have - so it makes sense to protect it in good times and bad. A major reason why businesses in Australia fail is inadequate cash flow, that’s where having the right level of … [Read more...] about Are you underinsured?
There are countless circumstances that may have a negative effect on your business, many of which are impossible to predict. The good news is that it is possible to prepare for any eventuality, thereby safeguarding your business from potential financial ruin. The best way to do this is with the … [Read more...] about What am I responsible for as a business owner?