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Cyber security tips while working from home.
With many individuals having moved to remote working due to the coronavirus, it has unfortunately given opportunistic hackers and scammers greater opportunity to use the pandemic as a subject-matter for malware attacks.
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Parametric Insurance - what is it, how it works and when to use it
Wednesday, April 22nd, 2020
Parametric insurance is based on a ‘triggered’ event rather than a claim for actual harm or loss. It’s an insurance alternative that’s good for the customer and it looks like it’s here to stay. It basically covers the probability of a predefined event happening and pays out an agreed amount instead of compensating for the actual loss incurred. Claims are settled quickly, the payout is certain, and it allows the customer to plan ahead.
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Management Liability Insurance - protecting you & your business from any unwelcome surprises.
Saturday, April 11th, 2020
Management Liability (ML) Insurance covers directors and officers against the exposures & risks that come with managing a business.
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Coronavirus & Australian workplace laws
Saturday, April 4th, 2020
Continuity of business is a significant issue for employers and their employees during this unprecedented and difficult time. FairWork Australia have developed the below coronavirus information to help employees and employers understand how coronavirus impacts Australian workplace laws.
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Protecting Yourself Against Silica Dust
Wednesday, April 1st, 2020
KEY TAKEOUTS: 1. Silica dust is a natural mineral found in some stone, rock, sand, brick, tiles, concrete, gravel and clay. Exposure is caused by breaking, crushing or milling this type of material. 2. Silicosis occurs when crystalline silica dust scars the lungs. It's a serious and incurable disease, with symptoms including shortness of breath, […]
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Guidance on protecting your business during a temporary closure
Tuesday, March 31st, 2020
Temporary ClosureDue to the coronavirus restrictions, many businesses are having to temporarily close and allow staff to help sustain operations via home working. We wanted to give you some general advice about how to protect your premises during any temporary closures. This guidance is from a risk management perspective. Please give us a call should […]
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The benefits of using an insurance broker.
Wednesday, March 11th, 2020
KEY TAKEAWAYS: Brokers are separate of all insurance companies, who act in your best interest and offer honest and non-partisan advice. Use a broker for their industry/sector expertise, identifying day-to-day business risks, and for tailoring an insurance package that meets your needs. Opting for a cheaper 'off the shelf' insurance policy is often not the […]
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Coronavirus' impact on business & travel insurance
Saturday, March 7th, 2020
With the number of confirmed cases of those infected with the coronavirus (COVID-19) growing every day, it has become somewhat of a nightmare for many countries and their economies. The COVID-19 virus has already had a significant negative impact on the global economy, including the Australian economy. Recent import/export restrictions and sweeping travel bans have […]
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The Importance of a Tailored Product Recall Policy for the Food & Beverage Industry
Wednesday, January 22nd, 2020
A product recall as a result of contamination, design faults, mislabelling or malicious tampering is one of the most risk-laden situations a company can face, yet it seems many Australian businesses don’t fully understand the potential impact a recall could have on their balance sheet or their stakeholders. Contaminated food and beverage (F&B) products are […]
