It’s now two years since the COVID-19 virus appeared and we’ve now got some solid trend data about its impact on accidents and insurance claims. There’s been an increase in workers’ compensation and business interruption claims as well as catastrophe insurance, but a dip in general insurance claims. That’s partly due to government-imposed lockdowns, physical […]
State and national borders have progressively opened since 1 November. But it’s a new world order for corporate travel. That includes transient travel and trips for meetings, incentives, and conferences. These may be for events held for business development, client visits, industry expositions, or off-site team meetings. Impact of COVID on business travel According to […]
Planning for your business staff Christmas party may be well underway. However, one area of paramount importance, yet often overlooked, is managing the risks involved. Check out our tips to minimise and manage the risks involved in your work Christmas function. They’re your guide to a risk assessment. And they won’t turn you into the […]
It might not be until 2023 before the global microchip shortage is over, according to predictions reported recently by the technology website, ZDNet and Bloomberg. So, what are these chips, why do they matter, and how could they affect your business? Computer microchips are semiconductors that are essential for electronic devices to function. They include cars, smartphones, televisions, […]
With the uncertainty and disruptions of 2021 still upon us, you might be looking to Christmas as a time to put your feet up while your business keeps humming. Take some time now to sort things out so you can really relax. Almost six in 10 small business owners expect to be overworked and miss out on […]
Around the globe, people are using telehealth 38 times more than before the pandemic, and that’s happening for virtual evaluation, advice, diagnoses, and sometimes treatment, says professional services firm KPMG. We’ve also seen the advent of virtual rooming assistants who admit patients into digital exam rooms. They take notes about medical histories, saving health care providers time […]
Victoria’s recent magnitude 6 earthquake seemed like a rare event, but Australia experiences an earthquake daily, as Geoscience Australia shows. Luckily, we only get the magnitude five and above ones that do damage typically twice a year, but there will also be 80 magnitude 3 earthquakes, as well as larger ones annually. Expect magnitude 5.8 to 6 […]
The pandemic has impacted businesses globally and across all sectors. So, it pays to review your insurance policies to make sure you’re only paying for what you need right now. Could your business pay smaller premiums yet still be adequately covered? This article guides you on how to ensure your business insurance is on the […]
Every insurance policy has limits that state the maximum monetary figure that will be paid out in the event of a claim. Indeed, some policies will have multiple limits and sub-limits. This article will demystify the different types of limits you’re likely to encounter with your package of insurance coverage. You’ll find out about policy […]
The insurance market is a ‘hard’ or sellers’ market right now. So, what does that mean, and what’s the likely impact on your business? Think of the insurance cycle as a clock. At the top, the 12 mark, where we’re heading, is the hard market, when insurance premiums get pricey. At 3 o’clock, you’ll see […]
