Bushfire Series Part 1: Business Interruption Insurance can protect your business this bushfire season
by Ashlee SnyderWith summer hot on our heels, now is the time to start preparing for the risks that come with bushfire season. Our 3-part Bushfire Series uncovers tips and strategies for preparing your business during this unpredictable season. In the first part of our series, we explore the benefits of Business Interruption Insurance, and how it […]
How to protect your business from bad debts in 2023
by Ashlee SnyderIn recent months, some trade credit insurers are recording an increase in the number of claims received as a result of bad customers debts. According to Trade Credit Insurance Broker NCI, the current economic slowdown brought about largely from persistent interest rate hikes and the surge in inflation is having a major effect on business […]
Six steps to respond to a cyber attack
by Ashlee SnyderWith cybercrime on the rise globally, most businesses have recognised that it is simply becoming a matter of when, not if, they will fall victim to an attack. Therefore, it is so important to have a clear response plan in place so you know exactly what to do if there is an attack or a […]
Tips for a successful insurance claim
by Ashlee SnyderWhen the inevitable time comes that you need to make a claim against your insurance, it can feel a little stressful and daunting to know what you need to provide in order for your claim to be processed successfully. If you have purchased insurance directly from an insurance provider you will need to manage this […]
How to prevent a cyber attack
by Ashlee SnyderIn recent years we have seen an increase in the number and sophistication of cyber threats and attacks in Australia. Over the 2021-22 financial year the Australian Cyber Security Centre (ACSC) received over 76,000 cybercrime reports, a 13% increase from the previous financial year. The ACSC also reported that medium-sized businesses with between 20 and […]
Top 10 areas of risk for businesses in 2023
by Ashlee SnyderBusiness risks come in all shapes and sizes. Some can be internal risks such as employee performance, procedural failure or faulty equipment. Others can be external risks such as economic factors, cyber-attacks, natural disasters or bad debts. Knowing how to identify and manage risks can help reduce the impact of any unexpected events that your […]
What does business insurance actually cover?
by Ashlee SnyderA business can takes years or even decades to grow, but a major disaster or accident could severely damage or destroy it. Therefore, it’s important for businesses to protect themselves with a quality business insurance pack. With the right insurance cover in place, owners can run their business with confidence, knowing that their premises, products […]
What to expect from your insurance broker
by Ashlee SnyderFinding the right insurance for yourself or your business can be overwhelming. With so many different insurers and products to choose from, it can be difficult to know if you are getting the best policy and advice at a competitive price. That’s why it pays to have an insurance broker in your corner who can […]
Could silicosis be the new asbestos?
by Ashlee SnyderThe recent rise in silicosis cases in Australia has been receiving considerable media coverage. Silicosis is a long-term lung disease caused by inhaling silica dust, usually over many years of exposure. The main symptoms include shortness of breath, a persistent cough and difficulty breathing. In the early stages there may be no symptoms, but as the […]
What is professional indemnity Insurance?
by Ashlee SnyderAnyone can make a mistake – but if your business is found liable for negligence, the costs can be financially devastating. Not only can it lead to an expensive lawsuit, but your business’ hard-earned reputation may be damaged as a result. That’s why professional indemnity insurance matters. It helps protect your assets and brand if […]