Professional liability insurance – also known as professional indemnity cover – may not be compulsory for your sector. But it could be an investment in risk management worth considering. This cover offers protection against legal costs for businesses that give advice or services for a fee. Typically, accountants, architects, IT specialists, marketing consultants, lawyers, bankers, [...]

Your home might be your castle, but the boundary fence is your front line. What does it mean for your insurance if your fence is damaged or destroyed? This article prepares you mentally for the process should you need to claim. Are fences covered by home insurance? Typically, home insurance covers fence damage or destruction [...]

Cybercrime shows no signs of slowing down in Australia. ReportCyber, the Federal Government’s online cybercrime reporting service, received close to 94,000 reports in FY2023, according to the Australian Signals Directorate (ASD) Cyber Threat Report 2022-2023. While attacks on big business may hog the headlines, small enterprises are squarely in the sights of hackers and cyber criminals [...]

If you own a business, chances are you'll need a range of different insurance policies to help protect your operations, assets and employees.  However, determining the type and level of cover appropriate for your needs isn't always a straightforward process – and getting it wrong could cost a lot. That's why it pays to work [...]

Emails, SMS, and instant messaging systems enable businesses to interact with customers, suppliers and partners quickly and easily. As a result, business communication has become much more informal than it was in the pre-digital era. It’s not uncommon for emojis, such as a thumbs-up or smiley face, to find their way into business related messages. [...]

When you’re in business, you’re likely to experience your fair share of accidents, issues and upsets. The challenge is, they won’t always be the ones you’ve anticipated and planned for.   Advancing technology and a changing economic climate means understanding and managing risks has never been more important. Last year’s Optus service day-long outage was a brutal reminder [...]

How do insurance claims work for business owners? Insurance is an investment most business owners hope they’ll never need to use. If you lodge a claim on one of your policies, understanding how the system works can make the process smoother and less stressful. These are some of the important actions you’ll need to take. [...]

Management Liability for Not-for-Profit Organisations Australia has about 60,000 registered not-for-profit organisations, according to the Australian Charities and Not-for-Profits Commission (ACNC). There’s a huge diversity of types and areas covered including education, social welfare, health, religion, culture, human rights, animal welfare, and the environment. Not-for-profits (NFPs) range in size from volunteer-run groups with no revenue [...]

How will AI impact small business insurance? Artificial intelligence (AI) is one of the business world’s hottest trends  right now. Since the launch of OpenAI’s Chat Generative Pre-trained Transformer better known as ChatGPT in late 2022, leaders and decision makers across all industries have been pre-occupied with two questions. How will AI affect their business [...]

Factoring Mother Nature Into Your SME’s Risk Strategy For business owners, Mother Nature’s risks can feel like a looming threat always on your horizon. Natural events are a matter of ‘when’, not ‘if’. Most can be expected and planned for. That’s why we’re encouraging you to consider nature as part of your risk framework. This [...]