Does your building have combustible cladding? New building laws transfers risk to landlords
A Safer Buildings program has been established to help identify buildings in Queensland that may have potentially combustible cladding. Owners of buildings in Queensland (including apartments, townhouses and commercial buildings) may be required to register their building and complete the combustible cladding checklist. Queensland’s Safer Buildings Program, administered by the Queensland Building Construction Commission (QBCC), […]
Business Package (BizPacks) insurance explained
Business pack insurance or BizPack is a policy that packages together all the basic insurance requirements for a business under one package price. Business Pack insurance can be sold as an “off the shelf” modular product (usually by direct to insurers like BizCover) or as a tailored package curated by your broker in consultation with […]
Flooding in NSW and QLD triggers insurance catastrophe response
The Insurance Council of Australia declared an insurance catastrophe across large parts NSW and South East Queensland earlier last week following the devastating storms and flooding over the weekend. News reports from around the country estimated that flooding from the recent weather events stretched 600 kilometres from Sydney to the Northern Rivers and inundated areas […]
Insuring the thriving cafe culture
The Australian coffee culture is alive and thriving, driving the reopening and creation of cafes across the city and into the suburbs. According to café industry news, the work from home directives that made life hard for city cafes has led to a booming suburban trade and takeaway culture, overall boosting sales and productivity in […]
The insurances Transport Operators should have
The Transport and Logistics sector in Australia has an estimated annual revenue of $102.87 billion, with an operating profit of $10.14 billion in 2018. The sector employs more than half a million people across its major sub-sectors: Road Transport, Logistics, Warehousing and Stevedoring. Road Freight Transport is already the largest employing sub-sector in the Transport […]
Management Liability: Common Claim Examples you need to know about
Private companies encounter unique risks, especially when it comes to those responsible to management. Not all coverage is the same, so it’s important to speak with an expert to discuss your particular needs. The common claims listed below have been included for your understanding of the risks, but there’s plenty more, so be sure to […]
What the insurance broker code of conduct means for customers
The insurance broker code of conduct is an agreement set out by the National Insurance Brokers Association which focuses on the service standards of brokers. It aims to provide a minimum level of practice for clients to expect, outlining how complaints and reviews can be addressed by clients and how the broker will resolve them. […]
Making a Claim on Your Insurance is Easier With a Broker
Insurance is incredibly useful to have in place as it protects your home or business from loss; whether it’s theft, natural disaster, a machinery breakdown or any other interruption to your life. However, when you do have to make a claim from an insurance company, it isn’t always straightforward. There’s paperwork to collect, forms to […]
Business Interruption Insurance test case
Business interruption cover is designed to protect a business for a financial loss incurred because it cannot trade for a period due to loss or damage to the business itself from an interruption covered by the policy. For some businesses, the COVID-19 pandemic interrupted trade and caused financial loss but since 2005-06, losses arising from […]
Business Storm Risk Mitigation: Prepare Now For Storm Season
The Bureau of Meteorology has released its Severe Weather Outlook for October to April, showing an increased risk of flooding for eastern Australia and tropical cyclones in the north, with roughly average potential for heatwaves and severe thunderstorms. The impact for businesses during storm season can be severe, but having the resources and information you need on […]
