Important update for Management Liability policy holders in VIC
In late September, the Victorian Government passed legislation that prohibits contracts which insure or indemnify a person against paying fines under workplace safety laws. Basically, before this new legislation, if you were fined as an employer due to a breach in workplace health & safety laws, your Management Liability insurance policy would have covered you. […]
Secure Your Tools - a few tips to keep the thieves at bay.
SECURE YOUR TOOLS - tips to keep prying eyes and thieving hands at bay. Key takeaways: Get to know the neighbours ID your tools – beautify them; uglify them; make them uniquely identifiable Secure your vehicle with additional/solid locks Keep your tools locked up and out of sight Invest in GPS trackers, and/or place motion […]
State of the Market 2021 - A Hardening Insurance Market
STATE OF THE MARKET UPDATE - A Hardening Insurance Market & Rising Premiums - June 2021 All industries experience cycles of expansion and contraction, and this is particularly true of the insurance industry. Although no two cycles are exactly the same, insurance industry cycles typically last between three to ten years and incorporate phases […]
State of the Market Update - Highlights of 2020.
Highlights for the year ending 31 December 2020. The start of 2020 for Australia was shaken by bushfires, floods and hailstorms, causing widespread property damage and business interruption losses. The impacts on the insurance market were further compounded shortly thereafter by the COVID-19 pandemic. Insurance profitability took a significant hit in 2020, reporting $35m for […]
How thermal imaging can protect your business
Key Points: Thermal imaging can detect any problems areas in the workplace that are susceptible to temperature fluctuations – helping to prevent and manage things like electrical failure or electrical “hot spots”, excessive friction with machinery, moisture penetration or air leaks. A thermal scan can reduce the likelihood of problems long before they arise, saving […]
Film & TV subcontractors - do you have public liability insurance?
We get that insurance might not get your heart pumping as it does ours. So we'll be quick. Sub-contractors and freelancers in the film and TV industry face a myriad of risks every day, consisting of early starts and late finishes, juggling countless demands, rushing around on set, and handling expensive equipment. It's risks like […]
Busting the top 5 cyber-security myths in Australia.
With many of us splitting our working week between the home and the office these days, ensuring a cyber-secure workplace has become more important than ever before. There are still too many people and businesses nowadays with a “she’ll-be-right” attitude when it comes to implementing effective cyber security measures. There are new data breaches and […]
Key Insurance Covers For The Shop & Office Fitter Industry.
Midland's relationship with the Interior Fitout Association (IFA) started in 1980 when we were appointed as the principal insurance broker to the group. To this day, we continue to be proud sponsors and supporters of the association. Working in partnership with the IFA, we have been able to develop a range of policies that cater […]
Insurance priorities for the landscaping industry - key questions asked and answered.
WHAT INSURANCE DO I NEED FOR MY LANDSCAPING BUSINESS? All landscapers should carry public liability insurance. Similarly, landscape designers should carry professional indemnity insurance. Public Liability - Protects you and your business in the event a customer, supplier or member of the public is injured or sustains property damage as a result of your negligent activities. […]