It can take just moments for fire, flood or thieves to wipe out years of hard work, asset accumulation and stock. But it can be months before you realise the full extent of the damage – and even longer to recover - if you don't have a detailed and up-to-date inventory list encompassing business … [Read more...] about How to create and maintain an SMB inventory list
The UK's Grenfell Tower disaster has had widespread implications for professionals in Australia's construction industry. Here's how to help protect yourself if you're a contractor who's worked on any Australian building project. The UK Grenfell Tower disaster claimed the lives of 72 people on 14 … [Read more...] about How to protect your business against non-compliant cladding
Sydney's violent hailstorm, which has left millions of dollars of damage in its wake, is a crucial reminder of how important it is to protect yourself against potentially crippling damage to your business. The incident, declared a 'catastrophe’ by the Insurance Council of Australia, led to more … [Read more...] about Lessons learned from Sydney’s ‘catastrophic’ storm
Extreme weather conditions are increasing around the world, and Australia is no exception. Experts predict this summer will, again, be one of the hottest on record, with severe bushfires, storms and floods all set to increase. In the absence of the vast resources of larger organisations, there is … [Read more...] about Why your business needs an extreme weather action plan
More expensive premiums, higher excesses and narrower coverage are set to become an insurance reality for many Australian businesses. Here’s how SMB's can prepare for a hardening market. Australian businesses have benefited from a soft insurance market for some years now, but it's time to prepare … [Read more...] about How to reduce your business insurance costs
Few things are more devastating in business than thinking you're covered for a loss only to find out your insurer has rejected your claim. Here’s how to appeal that decision. Just because you've received bad news, doesn't mean you should give up. There are a number of avenues for appealing … [Read more...] about Four steps to appeal a rejected insurance claim
Cybercrime and its potential impact on business operations is well understood today with reports about data breaches, malware attacks and email scams of all kinds making the the news almost daily. Businesses with websites, and that’s just about every business, hold data and information about … [Read more...] about Mandatory data breach notification scheme
Hiring a contractor or sub-contractor is often appealing to time-poor, cash-strapped small business owners. One big reason is that they take care of their own insurance (as opposed to the business owner having to provide coverage for them, as is the case with employees). But what if things aren’t … [Read more...] about Insurance and Contractors: Have you got it covered?