Being able to protect your business against all eventualities is crucial for success. One threat that is more likely than others is storm season. Last year alone, storm damage and natural disasters cost Australian businesses more than $18.7 billion - a figure that is set to double over the next … [Read more...] about Getting Your Business Ready for La Nina
Due to the Coronavirus restrictions, many businesses are having to temporarily close to limit the physical exposure to the virus. This is changing the way businesses are able to operate or normally function. Some businesses have been instructed to close their doors, some have been directly or … [Read more...] about Why are Unoccupied Risk so unattractive to Insurers?
In today’s current Economic Climate many businesses 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 … [Read more...] about Growth by Acquisition
What role do Australia’s Supercomputers have during a bushfire or a pandemic? At the beginning of 2020, Australia was stunned by the worst bushfires on record, but barely a few months later we’re struggling with COVID-19, which is ravaging the world. When events like this occur, the decision … [Read more...] about What role do Australia’s Supercomputers have?
Insurers need to plan beyond immediate needs. In China, demand for term life and health insurance showed a significant increase after the SARS outbreak in 2002. COVID-19 will likely create a similar uptake from consumers across the globe. Of course, the world now is much more digitized and … [Read more...] about Capture the Spiking Insurance Demand – After COVID-19
It’s a fast moving world, especially at the moment. Even though there’s so much going on, it’s essential to update your insurance broker any time your circumstances change to help ensure the cover you have in place is still appropriate for your enterprise. A popular business pivot many beer and … [Read more...] about The importance of keeping your details up-to-date
A hardening market can mean higher premiums and tougher underwriting decisions - so it pays to get an expert on your team. Like any market, the business insurance market experiences different cycles that can affect pricing and how easy it is to get cover. Depending on the stage of the cycle we're … [Read more...] about Make sense of the insurance market
Heightened cyber risks have emerged as a serious issue, given most businesses now have many staff working from home. So it’s important to put in place policies and procedures to ensure data is secure no matter where staff are located. Helping staff to recognise and avoid risky behaviours is also … [Read more...] about Managing cyber risks while staff work from home