About 19,200 claims totalling $108 million have been lodged with insurers since the severe hailstorm that struck northwest Victoria’s Mildura region more than a week ago.
Almost one in five SME owners believe their insurance would be unable to cover their income for a week after a catastrophic event, industry super fund REST says.
Insurers have for years been pleading with governments to protect the nation before a natural catastrophe event by mitigating the risks.
Extreme heatwaves such as those of 2013, when temperatures approached 50 degrees in some parts of Australia, could represent “just another average summer” by 2035.
A survey has revealed a major gap in the travel insurance market, showing 8% of Australian adult travellers – 850,000 people – took their last overseas trip without cover.
The Australian Bankers Association’s (ABA) bid to reform staff sales commissions may miss next year’s implementation date.
The Australian Cyber Security Centre (ACSC) has urged private businesses to report threats, despite reluctance among some companies to involve the Government.
Two climate drivers monitored by the Bureau of Meteorology suggest little change to the rainy weather pattern that delivered Australia’s wettest May-September on record.
We all know that we can buy insurance directly – so why use a broker to buy your business insurance?
The short answer is: expert advice that can help you make better insurance decisions for you and your business.
There are four main structures to choose from: sole trader status, a partnership, a proprietary limited company, and a proprietary limited company as trustee for a trust (whether a discretionary trust or a unit trust).