YOUR INSURANCE, YOUR WAY

Mistakes can happen. If your business is found liable for negligence, the costs can be financially devastating. Not only could you be subject to an expensive lawsuit, but your business’s hard-earned reputation may be damaged as a result. Professional Indemnity insurance is mandatory in some industries such as medicine, accounting, law, and financial advisers. However, […]

Changes have been made to the Fair Work Act 2009 which may impact how you employ and manage casual Employees and you have until 27 September 2021 to put new processes in place. The key changes have been summarised into the following areas: Changes to the definition of ‘Casual Employee’ What do I need to […]

Given the steep rise in Employee fraud and embezzlement, the importance of Internal Business Auditing has never been more vital. Whilst there are Insurance Policies, such as Management Liability and Crime that provide Indemnity for some of the exposures the reputational damage, together with the disruption to business’ makes this continued process an important part […]

Conflicts arising from the workplace have become increasingly common, in particular with current market conditions affected by the global pandemic. SMEs are subject to legal action which can be financially devastating for both the business and its executives. The need for Management Liability insurance has grown in importance. Management liability insurance covers the costs of […]

You lodge a claim with your Insurer, you receive your payment, that is the end of it right? Sometimes yes. However occasionally, that is just the beginning. That is because your policy of insurance most likely gives your Insurer a right of Subrogation. So, what exactly is Subrogation and what does it mean for you? […]

In September 2020, Deloitte Access Economics released a report outlining the value provided by insurance Brokers. The report highlighted that those Brokers supporting Clients throughout the claims process can lead to better outcomes for Clients. This conclusion was expected for insurance practitioners who understand the role of a Broker in the claim process, which includes: […]

Social media is everywhere. It’s unavoidable, it’s powerful, and it’s here to stay. That being said, social media does come with a set of risks. According to the latest EY Global Information Security Survey, 59% of organisations had a “material or significant incident” in the past 12 months. In fact, social media risk management is […]

As our reliance on technology, the internet, and all things digital continues to grow, so does cyber risk. For businesses of all sizes and even government bodies, falling prey to cyber attacks is one of the key areas of concern every day. Evidently, every business with an online presence or electronic data records is potentially […]

The unprecedented COVID times have seen a dramatic increase in the number of staff for many businesses who work from home. Whether such a shift has been voluntary or forced by reason of COVID-19, restrictions and lockdowns, it is understandable that keeping staff productive when they are not in the office has become a major […]

COVID-19 has thrown many travel plans into disarray in 2020 & beyond. If you were one of the many Australians with a trip booked, hopefully you had travel insurance, and you are able to claim on some or all of your losses. However, that will depend not only on what your policy covers, but also […]