A question that is regularly raised by clients is: How do I decide what on limit of Professional Indemnity cover I need? This can be a pretty tricky question to answer as there is no real set answer. Every business is different and is governed by different industries, associations and... read more →

Whether you’ve got a keen eye for building design and are researching how to become a Building Designer or have decades of experience making plans for buildings, transport devices or machinery, you need to remember the importance of always being fully insured - this is why you may require Building... read more →

Whether you work in the commercial or residential property markets, in a large company or as a stand alone agent, if you’re a Real Estate Agent you need to have the right insurance. Many of your clients will have chosen to work with a Real Estate Agent to help them... read more →

Asbestos is a bit of a sleeping dragon.  It lies in wait and when disturbed, becomes dangerous. Each week 13 Australians die of asbestos related diseases, 12 from malignant mesothelioma.  Another 13 are diagnosed with this hideous disease, according to asbestosawareness.com.au, a campaign to educate the community on the continuing... read more →

Congratulations to our director Daniel Webber on being named an Elite Broker for the fourth consecutive year, placing in the Top 20 throughout Australia. When asked how he has remained  an Elite Broker for four years running, Daniel was quick to praise his clients, insurer partners and colleagues: I am... read more →

Australia's Data Breach Notification laws come into effect on 22 February 2018. This new law will require businesses to report all instances of personal data breaches. The changes of legislation will affect businesses with a turnover of more than $3,000,000, as well as other businesses that operate by holding personal... read more →

What are the NSW Insurance Stamp Duty Changes Announced in 2017 and implemented 1 January 2018, the NSW Government has removed stamp duty on the following insurance policies for small businesses: Commercial Motor Vehicle Insurance - A motor vehicle used primarily for business purposes Commercial Aviation Insurance - Aircraft, including... read more →

What Is Trade Credit Insurance? Many businesses operate by offering their goods and services on credit terms. This can result in a significant portion of their working capital being held as accounts receivable, therefore potentially jeopardising the cash flow and profits of the business. Trade credit insurance protects your business against losses due... read more →

In the past month, it has been widely publicised the damage that the ransom-ware WannaCry has caused to businesses both large and small throughout the world. Australia was lucky with the timing of this ransomware – it was released on a Friday night Australian time, meaning that by the time... read more →

In February 2017, a Data Breach Notification law passed in the Australian Senate. This law will require businesses and government agencies to notify to the Privacy Commissioner and their Customers when they suffer a data breach.  This means that Australian organisations can no longer keep quiet about Cyber Security breaches. With... read more →

If you are a building practitioner, you will need to know about the changes that could affect your insurance due to the abolition of the Building Practitioners Board. On 1st September 2016, the Building Practitioners Board was abolished. All of its functions and powers have now been transferred to the... read more →

It’s official! He’s done it again! The Insurance Business 2016 Elite Broker rankings have been announced, with our very own Daniel Webber named among the top 30 brokers in Australia once more. Placing at number 29 in the 2015 rankings, Daniel has moved up the list placing number 22 for 2016. This... read more →

Small business in Australia make up most of the business economy and the internet provides many opportunities for such businesses. It however also presents many threats. Most small businesses are already connected to the internet in some form whether it be through their website, taking payments, receiving orders or through... read more →

Trusting your instincts sounds simple enough. As a business owner, you are faced with a multitude of decisions on a daily basis. Some of those are relatively simple and require little thought while others are much more complex – especially when the stakes are higher. As is the case with... read more →

When we take a broad look at insurance, there are numerous types of policies and coverages available but generally we can categorise them into one of two forms – first party and third party insurance. As is commonly the case with insurance, knowing exactly what the difference is between the... read more →

For many business owners, receiving notification that a claim is being made against you or your business is completely unchartered territory. The first question that will most likely come to mind is ‘what do I do now?’ The good news is that as unsettling as receiving that nasty letter is,... read more →

Within Australia, being a subcontractor or a ‘subbie’ is quite common, especially within the building, construction and trades industries. In our earlier blog post Engaging Subcontractors and Vicarious Liability, we discussed the ways in which contractors can protect themselves against any potential vicarious liability claims. As a subcontractor, you should also be... read more →