INSURANCE NEWS

The risks of unattended commercial property

Leaving your commercial property unattended poses many risks. But these can be managed with some forethought. The responsibilities are a group effort, though. They’re shared between owners, tenants and their representatives, those parties involved in managing and occupying such a property. Depending on your building’s type, layout, use, and whether you occupy or lease out […]

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Will You Benefit From the Global Demand for Coarse Grains?

Coarse grains are having their moment in the sun, with global demand lifting prices this financial year. These are cereal grains – other than wheat and rice – usually used for animal feed or brewing. According to the Organisation for Co-operation and Economic Development, each country has a different classification of coarse grains. They may include […]

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COVID’s effect on accidents and insurance claims

It’s now two years since the COVID-19 virus appeared and we’ve now got some solid trend data about its impact on accidents and insurance claims. There’s been an increase in workers’ compensation and business interruption claims as well as catastrophe insurance, but a dip in general insurance claims. That’s partly due to government-imposed lockdowns, physical […]

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Why freight costs more and what you can do about it

Ballooning shipping container costs, unpredictable arrival dates and the US Postal Service suspending most of its deliveries to Australia are among the freight headaches for businesses this year. The global maritime authority on container freight rates on major routes, Drewry, says every carrier they track had increased margins. Some by more than 50%. It forecasts freight costs won’t […]

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Out of stock: how chip shortages impact the manufacturing industry

It might not be until 2023 before the global microchip shortage is over, according to predictions reported recently by the technology website, ZDNet and Bloomberg. So, what are these chips, why do they matter, and how could they affect your business? Computer microchips are semiconductors that are essential for electronic devices to function. They include cars, smartphones, televisions, […]

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