Protect Your SME: Flood Preparedness Tips

Flood damage insurance claims can be contentious. Here’s why: Riverine, flash, and coastal floods are the most common types we experience in Australia. This article will guide you on flood damage coverage: what it is, how to manage your risks of claiming, but, importantly, what happens if you need to claim. We’re here to help you navigate […]

Proactive Measures: Latent Defects Insurance Insights

NSW is looking to make latent defects insurance (LDI) compulsory for high-rise residential buildings by 2028. This transformative move has been described as a “game changer” by insurance law firm Wotton + Kearney. Read on to find out more about latent defects insurance and the mooted changes in NSW. The Building Compliance Crisis Industry commentators argue […]

Stop Your Tools & Equipment Going Walkies: Here’s How

Tradies usually don’t have the time or inclination to report the theft of their tools to the police. This can prove costly but, as this article explains, you can minimise your risks and invest in protection for peace of mind. The Rising Issue of Tool Theft in the Construction Industry More than 29,000 tools were reported stolen […]

Yes, You Can Insure Second-Hand Gear for Your Business

The options for buying pre-loved equipment for your business can be plentiful. They could include online marketplaces, retail, direct from an owner, via auctions or brokers. Maybe the gear is still within warranty or has been reconditioned, rebuilt, or is sold as is. The Ritchie Bros Annual Market Trends Report shows Australian figures for 2022 increased from […]

Risk Management Tips for Australian Service-Based Businesses

As a service-based business operator, you typically enjoy lower running costs than those selling products. Instead, you offer intangibles, such as skills, expertise and time. However, you’ll still need to manage your risk profile. Here’s how professional indemnity cover helps shield your business from potential risks and exposures. Service-Based Businesses’ Risks and Exposures Consider how […]

Insider Tips on Managing Your Commercial Property Risks

As a commercial property owner, it is important to understand your responsibilities and ensure that you have the right insurance coverage to protect your property against potential damages. Unoccupied buildings During the pandemic, commercial buildings were often unoccupied temporarily or indefinitely. That can still happen today with the soft tenancy market in some parts of […]