The public liability court cases your business should know
While public liability insurance isn’t compulsory for some business types and sectors, these actual cases may prompt you to consider this cover.
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.
Click here to read the full article.
Photo by Jen Theodore on Unsplash
While public liability insurance isn’t compulsory for some business types and sectors, these actual cases may prompt you to consider this cover.
Who would have thought finding a decomposing snail in a ginger beer bottle would open up a new principle – duty of care – which is the basis for product liability?
There's much more to professional indemnity insurance (PI) than meets the eye. This type of insurance helps cover the cost of legal action for losses others experience resulting from your services including professional advice.
We live in a litigious age, with even the most careful business owners at risk. Even when you’re not at fault, you may still have to shoulder hefty legal costs.
Australia's real estate services industry is expected to turn over $33 billion this year, including a healthy 1.8% growth from 2021, according to IBIS World.
Whether you’re a property owner, tradie, or developer, serious construction defects aren’t just someone else’s problem. They’re becoming more common and more expensive.
In October 2022, Shepparton in Northern Victoria endured one of its worst floods in living memory. Homes, farms, and local businesses were hit hard. Even properties that had never seen floodwater before were suddenly underwater.
Cyber threats are evolving faster than most businesses can keep up, and Australian SMEs are now in the crosshairs.
Cybersecurity might seem like a concern only for large corporations, but recent events have shown that small businesses are equally vulnerable.
The Australian Taxation Office (ATO) small business benchmarks serve as more than just a compliance tool—they’re a way to measure your business performance against industry standards.