The hospitality sector is as diverse as the risks that beset it. The sector spans hotels, resorts, motels, eateries, theme parks, bars, pubs, taverns, clubs, event planning, travel and tourism. It’s any business that serves food and/or drinks, prioritises customer service and earns more revenue from services than goods. This article covers the most common […]
Managing the insurance needs of company vehicles can be time-consuming and confusing. Just keeping track of policy renewal dates, negotiating pricing and juggling excesses can be a drain on administrative resources. That is why businesses with three or more vehicles might consider fleet insurance as a catch-all to cover their vehicle insurance needs. Fleet insurance? […]
As we charge into 2022, it’s time to bust a few myths about insurance cover. Here are five common ones that hopefully won’t surprise you. Myth 1: Home insurance protects my home-based business Not necessarily. You should still check your policy for coverage even if clients and visitors don’t come to your home-based business premises. […]
The gross written premium for general insurance jumped 8.7% in the 2020-21 financial year. This includes commercial policies. With such a hardening market for premiums, how can you minimise the anticipated premium rise this financial year? Why your insurance premiums increase Insurers calculate premiums by reviewing the risk factors of your business as well as those […]
This statistic will make you stop in your tracks – almost two thirds of Australians aged 18 and above with a driver’s licence have had at least one car accident, according to an insurance industry survey. Time and time again, it’s due to speeding! There were 1,004 car crashes in Australia last year, says White Box […]
