Is Your Micro-SME Protected Against Financial Shocks?
With insolvencies up 57% and financial risks rising, micro-SMEs need solid protection. Discover key strategies to safeguard your business and why reviewing your insurance could be a game-changer.
Public Liability Insurance
Liability Risks Hidden in Your Christmas Party Plans
The festive season is upon us, and for many businesses, that means it’s time for the annual Christmas Party. According to EventBrite, more than a third of Australian employees attend a Christmas party. The most popular gathering is a lunch, next is a sit-down dinner, cocktail party or taking part in an activity or experiential […]
The Impact of Global Risk on Your Business Strategy
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 […]
What You Need to Know About Contractor Liability Insurance
In the dynamic landscape of Australian small businesses, ensuring your operations are protected from unforeseen risks is always on your radar. This is especially pertinent when dealing with contractors. Having the appropriate insurance can mean the difference between smooth, sustainable operations and financial catastrophe. Importance of Contractor LiabilityInsurance for Business Owners When your SME hires […]
SME Guide to Getting the Most Out of Your Insurance Broker
SMEs can optimise their risk management, earn discounts by policy packaging, save on claim time & more by using the expertise of a qualified insurance broker. Learn how your business could benefit.
Proactive Measures: Latent Defects Insurance Insights
NSW is looking to make latent defects insurance (LDI) compulsory for high-rise residential buildings by 2028. This transformative move has been described as a “game changer” by insurance law firm Wotton + Kearney. Read on to find out more about latent defects insurance and the mooted changes in NSW. The Building Compliance Crisis Industry commentators argue […]
How To Comply With the New Sexual Harassment Standards
Only one in five Australians who have experienced sexual harassment at work make an official complaint about the behaviour. But, thanks to Respect@Work laws, the onus on dealing with those and related issues has shifted more to employers. Prevention is key, but so is dealing with such claims appropriately. Those laws mean that since December, […]
Management Liability for Not-for-Profit Organisations
Australia has about 60,000 registered not-for-profit organisations, according to the Australian Charities and Not-for-Profits Commission (ACNC). There’s a huge diversity of types and areas covered including education, social welfare, health, religion, culture, human rights, animal welfare, and the environment. Not-for-profits (NFPs) range in size from volunteer-run groups with no revenue or funding to the Returned […]
The Role of Public Liability Insurance for Builders
Owning a construction business means you have your hands full. Whether you’re a builder or a sub-contractor there’s a lot to oversee, do and manage. And then there’s the risk of a third-party being injured or their property damaged due to your work. That’s where public liability insurance comes in to protect your business. It’s […]
What are the Most Common Injuries for Factory Workers?
According to Safe Work Australia, Australia’s manufacturing sector records 9.1 serious accident claims per million hours worked in 2019-20. That’s about 17 serious claims per thousand employees. In the year to 25 August, seven Australian manufacturing employees died in work accidents. This article includes an overview of the most common workplace accidents, how to minimise the human […]