Extreme weather conditions are increasing around the world, and Australia is no exception. Experts predict this summer will, again, be one of the hottest on record, with severe bushfires, storms and floods all set to increase.In the absence of the vast resources of larger organisations, there is … [Read more...] about Why your business needs an extreme weather action plan
Royal Commission wraps up
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has now concluded its public hearings. The final round of hearings featured the leaders of our major banks and the AMP. The focus of the hearings was not “what happened”, but “why was it allowed to … [Read more...] about Royal Commission wraps up
Countering cyber threats with insurance
Cybercrime is an increasingly worldwide phenomenon, and Australia is far from immune. With large-scale events such as the 2017 WannaCry attacks, it’s become evident just how ill-prepared many businesses are for cyberattacks.Philippa Davis, international cyber underwriter at CFC Underwriting, … [Read more...] about Countering cyber threats with insurance
How to reduce your business insurance costs
More expensive premiums, higher excesses and narrower coverage are set to become an insurance reality for many Australian businesses. Here’s how SMB's can prepare for a hardening market.Australian businesses have benefited from a soft insurance market for some years now, but it's time to prepare … [Read more...] about How to reduce your business insurance costs
Growth by Acquisition
In today's current Economic Climate many businesses are electing to increase their growth by way of acquisition.Whilst this strategy remains sound there are many considerations that need to be undertaken prior to purchasing an existing business, particularly if that business is in the same … [Read more...] about Growth by Acquisition
Social Media Scams
Social media – there is no escaping it. Over time, it has become a way of life, from humble beginnings as a platform for friends and family to keep in touch, social media is now a complex system that allows all to interact on a personal level from consumers and companies to groups and … [Read more...] about Social Media Scams
Reputations in the Financial Services Industry have been savaged!
The royal commission into Australia’s financial services sector continues to reveal how customers’ lives have been ruined by financial advice at the big banks, but those in the finance space are predicting the investigation will also change the game for smaller operators and independent financial … [Read more...] about Reputations in the Financial Services Industry have been savaged!
Unfair contract laws to be extended to insurance
Many of you would be unaware that existing legislation dealing with unfair contracts, does not apply to insurance.Given the generally held distrust of insurers who “use the small print” to escape from paying genuine claims, some people would say that is a position which shouldn’t continue...and … [Read more...] about Unfair contract laws to be extended to insurance