Broker Insurance Vs. Bank Insurance: What’s the difference?
If you are planning to buy an insurance product, do not blindly trust what the bank employees and their online website advise. They are not necessarily trained, qualified and have in-depth knowledge in relation to the insurance product offered.
BOM expects more cyclones than usual
Australia is at heightened risk of an above-average number of tropical cyclones until May, and also that they will develop earlier than usual.
What To Review In Your Business At The Start Of FY23
With the 2021/22 financial year done and dusted, now's the time to get shipshape for the next 12 months. As well as your finances, though, have you made time in your schedule to review your insurance cover?
Cyclone Reinsurance Pool - Frequently asked questions
The Australian Government is implementing a reinsurance pool for cyclones and related flood damage, which will be backed by a $10 billion Government guarantee and cover household, strata, and small business property insurance policies.
Cyclone Reinsurance Pool Won't Deliver Expected Savings
Not great news for potential savings on insurance premiums here in Broome based on the following article we received today.
What Can We Learn From Our 1-in-a-1000-Year Floods?
Australian businesses and homeowners can draw on insights from the recent 1-in-a-1000-year floods to better protect their assets with planning, retrofitting, and more risk minimisation.
What You Need to Know about Working with Contractors
Flexibility is the main reason businesses hire contractors. Think of it as your surge capacity to onboard swiftly, deal temporarily with skill shortages, try before you hire and protect your bottom line. But hiring and managing contractors opens up a new suite of risks for your business.
How Ukraine’s War Affects Your Insurance And More
Russia's invasion of Ukraine is set to have severe repercussions in Australia. Businesses are now at a higher risk of cyber attacks, increased commodity prices for imports and exports, inflation and pricier insurance premiums as a result of the attack.
Need To Claim Flood Damage for Your Business? Use These Tips
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, once you’re safe of course.
Insurance And Risk Implications When Returning To Face-To-Face Work
As COVID-19 vaccination rates rise across Australia, many staff with the option to work from home are returning to their workplaces part-time while logging the rest of their hours remotely.
Broker says WA must be part of affordability solutions
“Since moving over here I have been staggered at the cost of insurance, yet it hardly gets a mention,” Broome Insurance Brokers Director David Keys told insuranceNEWS.com.au. “I want to make sure we are not forgotten as part of this process.”