What is Premium Funding Almost all of the major insurance companies offer their retail clients monthly payment options. Whether it’s your car or your home, or even your life insurance, paying by the month is easy. But when it comes to business and commercial insurance, you will find that most … [Read more...] about All you need to know about Premium Funding
Insurance issues arising in the gig economy
What is the gig economy? ‘Gig’ is a slang term referring to a ‘job for a specified period of time’ and harks back to when musicians were engaged for a performance or a ‘gig’. The gig economy refers to the growing trend towards freelance or contract workers, as well as the share economy of resources … [Read more...] about Insurance issues arising in the gig economy
Report highlights cyber risks’ magnitude
Human error is a key reason why data breaches occur. The Office of the Australian Information Commissioner’s (OAIC) first annual report on the notifiable data breaches (NDB) scheme shows it received 964 notifications from 1 April 2018 to 31 March 2019, a 712% increase on the previous voluntary … [Read more...] about Report highlights cyber risks’ magnitude
Why your business needs an extreme weather action plan
Extreme weather conditions are increasing around the world, and Australia is no exception. Experts predict this summer will, again, be one of the hottest on record, with severe bushfires, storms and floods all set to increase. In the absence of the vast resources of larger organisations, there is … [Read more...] about Why your business needs an extreme weather action plan
How to reduce your business insurance costs
More expensive premiums, higher excesses and narrower coverage are set to become an insurance reality for many Australian businesses. Here’s how SMB's can prepare for a hardening market. Australian businesses have benefited from a soft insurance market for some years now, but it's time to prepare … [Read more...] about How to reduce your business insurance costs
Growth by Acquisition
In todays current Economic Climate many business’ are electing to increase their growth by way of acquisition. Whilst this strategy remains sound there are many considerations that need to be undertaken prior to purchasing an existing business, particularly if that business is in the same industry … [Read more...] about Growth by Acquisition
Social Media Scams
Social media – there is no escaping it. Over time, it has become a way of life, from humble beginnings as a platform for friends and family to keep in touch, social media is now a complex system that allows all to interact on a personal level from consumers and companies to groups and … [Read more...] about Social Media Scams
Reputations in the Financial Services Industry have been savaged!
The royal commission into Australia’s financial services sector continues to reveal how customers’ lives have been ruined by financial advice at the big banks, but those in the finance space are predicting the investigation will also change the game for smaller operators and independent financial … [Read more...] about Reputations in the Financial Services Industry have been savaged!