INSURANCE NEWS

The Impact of the Supply Chain Crisis on Different Industries

While the pandemic has spotlighted supply chain disruption, other factors are coming into play. These include climate change, skills and labour shortages, Australia’s shrinking sovereign manufacturing capability and greater political uncertainty in the Indo-Pacific region. (The latter centres on dynamics around China). Industries such as automobile manufacturing, home building, as well as equipment repairs and others are […]

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Need To Claim Flood Damage for Your Business? Use These Tips

The recent NSW and Queensland floods have been extreme and will occur more frequently as our planet warms, according to experts writing for The Conversation. Overview: the far-reaching impacts of the floods But it’s not all about climate change. We’re also at the tail end of a La Nina weather pattern, and there was another influence, […]

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The Importance of Professional Indemnity Insurance

Along with being human comes human error; if you or your business provide professional advice or services, there is always a risk that your services could inadvertently detrimentally impact your customers. Professional Indemnity (PI) Insurance helps manage risk associated with claims against you for alleged errors or negligence committed under your capacity as a professional […]

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How your Workplace Health and Safety Practices could cost you a Fortune

While good practise and legislation have helped make workplaces immeasurably safer over the years, payouts are still commonplace and it’s important employees remain vigilant given new work health and safety (WHS) risks brought by COVID-19. Businesses must also consider the disruption that follows an injury or accident, including downtime and the impact on team morale. […]

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The Impact of Changing Weather on Agriculture

The volatility in commodity prices and a highly variable climate means risks abound for Australian farmers. According to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), these factors and others mean Australian farmers experience more variation in farm output than most other countries. This variation is also higher than business owners in other Australian […]

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