Explainer: How Cyber Insurance Helps Your Business
Every 10 minutes on average, another Australian small business reports a cyber crime, according to the Australian Cyber Security Centre.
Even insurance experts aren’t immune to the damage that a property fire can create. Managing Director at LMI Group and leading risk and loan assessor, Dr Allan Manning, narrowly avoided disaster after his home caught on fire in 2018.
Thankfully, Dr Manning had heeded his own risk mitigation advice and had a fire extinguisher handy, keeping the flames under control until firefighters arrived.
Dr Manning talks through the lessons he learnt, sharing key tips to help you prevent a house fire from becoming a tragedy.
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Photo by Jen Theodore on Unsplash
Every 10 minutes on average, another Australian small business reports a cyber crime, according to the Australian Cyber Security Centre.
While the promise of warmer weather spells days at the beach and backyard BBQs, spring and summer can sadly also bring bushfires.
Unreliable equipment can be the death knell for a business, with the costs of equipment failure and downtime tricky to accurately predict and calculate.
It can be confusing to work out the differences between commercial and personal vehicle insurance, but there’s plenty to distinguish them.
As technology advances, the landscape of business risk is changing. Companies are more exposed to crime than ever, which can lead to serious financial and social repercussions. Here’s how you can mitigate your risks with an effective crime insurance policy.
Australia has about 60,000 registered not-for-profit organisations, according to the Australian Charities and Not-for-Profits Commission (ACNC).
Australians think of medical providers as their front-line defence for health issues, but who’s helping those healthcare practices to stay ‘healthy’?
No matter how much experience or how stellar the reputation of your professional services firm, you may still face an insurance claim.
An estimated eight in 10 Australian homeowners are underinsured, according to insurance websites that cite the Insurance Council of Australia (ICA) or the Australian Securities and Investments Commission (ASIC).
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.