Australia’s spring and summer seasons are expected to be challenging, with the Bureau of Meteorology forecasting an increase in extreme weather events. The forecast is for heatwaves, bushfires, and storms, with particular concern for floods in Tasmania and bushfires in Victoria and South Australia. The National Emergency Management Agency has been refining its program in the light of the […]
When it comes to protecting commercial property, terrorism insurance might not be the first thing on your mind, but it’s an important aspect to consider. The Australian Terrorism Insurance Act of 2003 mandates coverage for “declared terrorist incidents”, ensuring businesses are protected from financial losses following an attack. This law addresses global terrorism risks, offering another layer […]
Flexi-hoses in homes or commercial properties built in the past 30 years could be a ticking time bomb.How can you know if your property is at risk? This article explains what they are, the damage they can cause and preventative measures. What are flexi-hoses? Affordable and easy to install, flexible plumbing hoses, also known as […]
Truck drivers are the backbone of Australia’s economy, ensuring that goods are transported efficiently across the country. From construction materials to groceries, the work of our 200,000 truckies keeps everything moving. However, they face significant risks. Fatalities in crashes involving heavy trucks, for example, increased more than 5% in the year to April-June; it was 12% up for deaths […]
Impact on Your Business Strategy These shifts can throw a spanner to the works in markets, supply chains, and even customer demand. This article will help you, as a business owner, get a bigger picture and understand the impacts of geopolitical risk. Much is out of your control, so we’ll focus on what you can […]
Independent contractors play a crucial role in various industries, offering specialised skills and services that are vital to the economy.
How can you be better prepared for natural disasters, including bushfires, floods, cyclones and storms?
An insurance underwriter plays a key role in the insurance world, especially for businesses. So, what do they do? The Role of an Insurance Underwriter The key difference between an insurance broker or adviser and an insurance underwriter is that brokers or advisers principally act on behalf of the insured, while an underwriter acts for […]
The hospitality sector is regaining lost ground after the pandemic, with businesses having re-opened, some pivoting and travellers eager to explore. However, despite the resurgence, that’s not uniform and there are bumps in the road. And, it’s yet to return to pre-pandemic levels for all metrics. That’s because the sector faces ongoing challenges that could impact your […]
Home builders are doing it tough. According to Master Builders Australia, they’ve borne the biggest risk of the recent economic downturn and construction costs ballooning 40%. If your SME has managed all that, you’re one of the lucky ones, with insolvency figures on the rise. And there’s another spanner in the works – increased insurance premiums. […]
