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Mildura hail losses climb past $100 million
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.
Study reveals scale of SME underinsurance
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.
Mitigation: new sums produce a familiar answer
Insurers have for years been pleading with governments to protect the nation before a natural catastrophe event by mitigating the risks.
Heat extremes ‘to become normal’
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.
Insurance benefits lost on many young travellers
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.
Bank commission reforms hit stumbling block
The Australian Bankers Association’s (ABA) bid to reform staff sales commissions may miss next year’s implementation date.
ACSC calls on businesses to report cyber threats
The Australian Cyber Security Centre (ACSC) has urged private businesses to report threats, despite reluctance among some companies to involve the Government.
Ocean trends suggest wet weather to continue
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.
Why you should use an Insurance Broker
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.
Small Business Structures
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).
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Good Flow Insurance Services Pty Ltd T/A Just PI ABN 88 164 018 286 is a Corporate Authorised Representative of Empire Insurance Services Pty Ltd
Australian Financial Services Licence No. 232987 ABN 14 064 465 309
Empire Insurance Services is a member of The Steadfast Group
PO Box 899, Leichhardt NSW 2040. Phone: (02) 8585 3888 Fax: (02) 9560 0038
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