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.
That why Public and Products Liability Insurance should be considered as part of your risk-management strategy. Public and Products Liability Insurance can cover all the legal costs involved with defending yourself in court – including any compensation you are ordered to pay.
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Most people are aware inflation has been on the rise in recent months due to COVID-19 impacts. However, many are not aware of how significant the impact has been on the construction sector and what that means for their property insurance.
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With about 60% of targeted attacks on small-to-medium businesses, cyber security should be a top priority. This year, we expect to see many Australian businesses tackle the following top four cyber threats, as part of best practice data protection.
Logistics has become a hot term given the protracted supply chain chaos and recent shortage of the crucial diesel engine additive AdBlue.
Every 10 minutes on average, another Australian small business reports a cyber crime, according to the Australian Cyber Security Centre.
With such a hardening market for premiums, how can you minimise the anticipated premium rise this financial year?
Businesses that don’t review their insurance cover annually when they make internal changes risk being underinsured and out of pocket when it comes time to claim.
It’s now two years since the COVID-19 virus appeared and we’ve now got some solid trend data about its impact on accidents and insurance claims.
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