INSURANCE NEWS

COVID-19’s implications for your management liability

Your business is undoubtedly familiar with the nuts and bolts of your disaster recovery plan due to the current pandemic. It’s a much-changed landscape for risk. So how can you use your insights to better plan for the implications of possible management liabilities in the current climate? Management liability exposures include, but are not limited […]

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Are you aware of the biggest commercial landlord risks?

With commercial property landlords enjoying returns of up to 12%, it makes sense there would be more risks and work involved. We’re talking about commercial properties such as office suites, shops, factories, warehouses, restaurants or hospitality venues, even car parks, etc. Exposed to economic changes The landscape for commercial leasing is changing due to the […]

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Why you should tap into the expertise of an insurance adviser

Comparison insurance websites are useful. But how satisfied are you with their advice and service? Luckily, there’s an alternative. Professionally qualified insurance advisers live and breathe policies, understand insurance-speak, advise on risk management, and love helping their clients fast-track their claims. They’re trained in insurance practices and management. Advisers qualify with a Certificate III Diploma in Insurance […]

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Increasing cyber threats to digital businesses

Australian businesses have embraced digital transformation (DT) with gusto. About two-thirds of businesses surveyed by professional services consultancy KPMG said they’d accelerated their DT strategy and boosted their budgets accordingly, thanks to the pandemic. As a result, KPMG points out five key challenges now facing online businesses that you should consider: Ramp up technology to link front, […]

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Overcoming This Year’s Construction Market Challenges

Considering the recent rough couple of years for the construction market, how can your business prepare for what 2022 might hold? While uncertainty will still be the theme, there are some things we can count on happening. Hardening insurance market Overall commercial insurance premiums increased 8.7% in 2020-21, and they’re expected to rise this year, too. Insurers’ […]

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