You may have seen in the press recently the decision handed down in the NSW Court of Appeal in a test case run by the Insurance Council of Australia (ICA) and Australian Financial Complaints Authority (AFCA) test case, with the court ruling in favour of the insureds. It found that the quarantine … [Read more...] about COVID-19 and Business Interruption claims
For business owners in Australia, insurance needs to be a priority. With so many potential threats to a business, having the right insurance coverage can keep your business and your personal finances significantly safer. The challenge for Australian entrepreneurs is that there are so many different … [Read more...] about Protecting Your Commercial Assets In Business
Aviso Qsure director Melissa Ryan talks to Duncan Hughes from the Australian Financial Review. This article was published in the Australian Financial Review on 13th January 2020 (paywall). Building and contents insurance premiums in parts of the nation at the highest risk of natural disasters are … [Read more...] about Bushfire Crisis – Premiums in high risk areas tipped to soar.
As a consumer or business owner, it is vital to ensure that your interests are protected, when dealing with other businesses. There are a number of steps you can take to protect your interests. 1. Ask for information What is their ACN? Since 1991, every company in Australia has been issued … [Read more...] about Do you really know who you’re dealing with?
With effect from 17 December 2018 elements of the Building Industry Fairness (Security of Payment) Act 2017 (BIF Act) and amendments to the QBCC (Queensland Building and Construction Commission) Act commence. The purpose for these changes and amendments means that it should be easier for both the … [Read more...] about Changes to QBCC – New Security of Payment Laws
The Royal Commission into misconduct in the Financial Services Industry released its Final Report in February after 69 days of hearings with 76 recommendations made and 22 referrals to regulatory authorities for criminal investigation and potential prosecution. Of the issues that were raised … [Read more...] about What does the Royal Commission Report mean for insurance?
Sydney's violent hailstorm, which has left millions of dollars of damage in its wake, is a crucial reminder of how important it is to protect yourself against potentially crippling damage to your business. The incident, declared a 'catastrophe’ by the Insurance Council of Australia, led to more … [Read more...] about Lessons learned from Sydney’s ‘catastrophic’ storm
When was the last time you had your jewellery valued? And what about that fine art collection in your home or office boardroom? Whether you have the odd piece or a truckload, chances are your precious items are worth a lot more than you think. Fine art is not just limited to paintings and works on … [Read more...] about Valuables and Collectibles insurance. Valuation updates now due?