When it comes to preserving your career and maintaining peace of mind as a building designer, there's no room for compromise.
That's why selecting the right Limit of Indemnity Sum Insured on your Professional Insurance Policy is paramount.... read more
There are many useful and official resources to help businesses prepare for summer bushfire season and other risks.
Let's look at some of the resources you can access to help manage your natural disaster risks and why you might need them.... read more
In the world of insurance, 'run-off coverage' is a vital but often overlooked term for businesses. This post delves into its importance, especially in products and public liability insurance.... read more
Landlord insurance isn’t set and forget. Many landlords assume their policy covers them if the property is untenanted, for pet damage, short-term rentals, and that it matches the tenancy period.... read more
The Australian Cyber Security Strategy 2023-30 will be a whole-of-nation approach to cyber resilience. Learn what it could mean for your business and how to boost your cyber risk management.... read more
SMBs offering services or advice can benefit from professional indemnity insurance to boost their risk management.
Having the right policy helps protect against a possible suite of claims.... read more
When hiring out plant and machinery, it is important to have adequate insurance coverage in place to protect both the owner of the equipment and the person or company hiring it. If you are hiring out equipment without an operator (dry hire) there are several options to consider.... read more
Only a quarter of Australian businesses have cyber insurance, despite the rise of cyber attacks. Learn how to boost your risk management to protect your business from cyber threats.
Boost your Cyber Safety... read more
It’s a challenging environment for Australian builders, but you can help protect your business by bolstering your risk management. We explain the key insurance policies to consider.... read more
Small businesses can avoid costly mistakes in underinsuring their properties and assets. These tips will help in estimating, assessing risks & understanding policy limits to get the right coverage.... read more
Construction businesses need public liability insurance for protection against claims from third parties for injuries or property damage. Learn why builders and sub-contractors need separate policies.... read more
Principal supplied items, also known as owner-furnished materials, are a type of coverage that can be included in an annual construction insurance policy.... read more
Contract works insurance can be a good fit for Aussie builders keen to manage the risks on their building projects. But policy coverage varies, with options including per project or annually.... read more
A management liability policy protects your company and its directors, managers, and officers against claims and costs resulting from mistakes management makes. Find out why your business is stronger when your managers’ risks are covered.... read more
Construction risks are increasing, so it’s worth checking that your insurance covers your business needs in the current environment. We also explain how to minimise these risks.... read more
Eight in 10 Australians underinsure their homes, according to ASIC. These are the risks of underinsurance and what you can do to ensure your home is properly protected.... read more
Business owners, directors, officers, and managers are all exposed to management liability, no matter the size of their business. Manage these risks with insurance tailored to your unique needs.... read more
The Privacy Act is being reviewed with a broadened definition of personal information expected. Find out if and how your business needs to protect your customers’ data now and in the future.... read more
Having landlord insurance isn’t a set-and-forget policy for property investors to protect their investment. Here are five tips to overcome common misconceptions about what landlord insurance actually covers.... read more
There's much more to professional indemnity insurance (PI) than meets the eye.
The article unpacks five common misconceptions about the protection PI offers (or not, as is often the case).
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Your business can avoid extra risks, liabilities and penalties by understanding and abiding by the legal differences between an employee and an independent contractor. This article offers you a guide.... read more
Leasing your commercial property can deliver higher yields, but comes with a range of responsibilities, including regulatory and legal ones. Here are the top four responsibilities explained.... read more
As a tradie, you know trying to operate without the tools of your trade is impossible.
While you may already have an excellent security system in place, it's easy to let things slip and not implement the latest technology and updates in theft prevention.... read more
When a flood hits, staying safe and finding headspace to claim on your insurance for damage can be stressful. Improve your chances of a quick and fair resolution by following these tips.... read more
Business interruption policies have been under the spotlight, with insurance claims hitting the courts. This article updates you on what’s covered and what’s not so you can better manage your business risks.... read more
Considering the recent rough couple of years for the construction market, how can your business prepare for what 2022 might hold?
While uncertainty will still be the theme, there are some things we can count on happening.... read more
This handy checklist will take the stress out of preparing your business for the upcoming Christmas closure, so you can return refreshed and ready for a more successful year.... read more
While commercial landlords enjoy a return of up to 12% on their investment, the risks are higher than for residential property. Find out how to manage the biggest risks of owning a commercial property.... read more
Tighter regulations and increasing risks mean there are several must-have insurance policies for the construction industry. Find out more about each and why they’re essential for your business.... read more
You may know it as commercial building or business property insurance. Common among those titles is that it’s for non-residential properties – factories, warehouses, shopping centres, and whole unit and apartment blocks.... read more
The average person might be surprised by how many risks confront construction businesses. But we’re here to help you identify and manage them.... read more
About one in ten of us are landlords, compared with one in 15 about two decades ago. And, the latest Census shows about a third of Australian households (2.6 million, to be specific) rent.... read more
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. As a result, the gap between what most people are insuring their properties for and the true cost of rebuilding is currently unusually large. Read on to learn more.... read more
No business wants nasty surprises. So, when an adverse incident means you need to claim on your insurance policy, we will manage the process on your behalf.
Our expertise will help save you time, money, and stress. In fact, a Deloitte report found brokers/advisers save their clients on average 11 hours a year, not just with faster claims receipts, but also with practical risk advice and customising insurance policies to business needs.
Here’s a six-step overview of what happens from go to whoa once we lodge a claim for you.... read more
Changes ahead: getting and maintaining registration for Design and Building Practitioners working on Class 2 buildings in NSW.
Changes are coming for the building and design sector as part of the NSW Government’s response to the Shergold Weir Building Confidence Report. Aimed at strengthening compliance in the building sector, the changes have come about following a string of construction disasters and failures in high-rise apartment buildings.... read more
Long awaited changes are coming to the residential building industry.
In the wake of construction disasters and significant failures in building standards in high-rise apartments in recent years, the initial changes focus on Class 2 buildings.... read more
Wouldn’t it be simpler and easier if you could insure your whole business with a single policy? Here's how.
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With builders’ risks escalating and an increasingly tougher regulatory environment across Australia, how can construction contractors protect against potential liabilities and losses?... read more
The NSW Government's draft Design and Building Practitioners Regulation 2020 outlines rigorous reforms that will affect design practitioners and builders who work on multi-storey residential building projects.
In order to provide you with up-to-date information to help you understand the upcoming changes in NSW we have sourced the following article from leading Australian law firm Clayton Utz.
There’s a lot at risk if you’re running a construction business in Australia.
Increasingly, professional indemnity (PI) insurance is a must-have for construction professionals. Should you already have this cover, have you checked if the policy adequately protects you now and into the future?... read more
Has COVID-19 made you unsure about managing the risks of owning an investment property? This article will update you on what landlord insurance will and won't cover in light of COVID-19. And, a forewarning, there are a lot of grey areas.
Landlord insurance is shorthand for building, contents or rental cover, or a mix of these for a property you rent out. The 'contents' in the property you rent out are the fixtures such as carpet and floor coverings, light fittings, appliances and window coverings. This doesn't cover your tenants' possessions.... read more
Heavy commercial transport helps keep our economy running smoothly, but there's a lot that can go wrong if you're running a transportation business.... read more
Commercial Legal Protection is designed to help SME businesses deal with unexpected legal issues not already covered by their other insurance policies. Intended to complement traditional SME policies, rather than substitute core insurance cover, the policy provides expert legal assistance when an insured really needs it and protects them from potentially crippling costs which will have to be incurred, regardless of any fault on the client’s part.... read more
Why your empty business or building could be a surprising insurance risk for you.... read more
In 2019, WorkSafe Victoria reported there were over 27000 claims for injured workers, and sadly 24 workplace fatalities occurred in the state. The tragedy of one person losing their life on the job has a longstanding effect on family, colleagues and friends, so even one workplace death is too much. As a result, new laws have been created to assist in preventing workplace death. Because everyone Australian worker has the right to go home safely to their loved ones at the end of a workday.... read more
Over the coming months, we will be producing a number of articles to fully brief you on the upcoming introduction of Registration of Building Designers (and other symbiotic Building Professionals) in New South Wales (NSW), and the national push for consistent Australia wide Registration of Building Professionals.... read more
Builders come in all shapes and sizes. And not just physically.
It doesn’t matter if you’re an owner/builder, builder, sub-contractor, employ two people or have 2000 employees relying on you, you need to have the correct insurance in place.
As builders and their projects are all different, so are the insurance packages on offer.
Not sure what to do? We’ve put on our safety hats and we’re here to help... read more
Does your business hire out equipment? You know that the potential loss or damage to your machinery and equipment will be costly, so making sure you have suitable insurance for your dry hire business is extremely important.... read more
Right now, working from home has become the new norm. We understand you’ve got a lot on your plate – you may suddenly be sharing a workspace with your partner. Have kids at home. Are having trouble getting basic items for your family. And you may even have unexpected money issues.
That’s why it’s more important than ever to ensure your home and contents insurance policy will cover your changed circumstances.... read more
Whether you’re an owner builder, a contractor or a large construction company, you’ll need a range of insurance covers to safeguard your workers, building and equipment.... read more