As the coronavirus forced people into self-isolation and businesses into shutdown, Australians have had to adjust to a new normal. So too have entrepreneurs, which no matter their sector have been forced to look for new opportunities as their old businesses either took a hit or dried up altogether. Here’s how four different companies did […]
Managing your business in times of uncertainty
The global outbreak of COVID-19 has created uncertainty for business owners. While you can’t control what happens over the next few weeks or months, you can control how well you prepare for the unexpected. Here are six ways to effectively manage your business through challenging times. Challenge #1: Sales start to dipLook at ways to […]
Be on alert!
CFC Underwriting puts forward COVID-19 cyber scam warning Specialist insurance provider CFC has warned that its in-house cyber claims team is seeing new COVID-19 cyber scams targeting businesses. “Since countries around the world went into lockdown, the types of incidents that our cyber claims team are dealing with shows that while there hasn’t yet been […]
Prepare before opening
With the Government’s announcement regarding the easing of restrictions during the Covid-19 pandemic, businesses are preparing to open and operate in a “COVID safe” manner. Safework Australia has provided information to assist businesses – refer to their website. The team at Austbrokers Terrace will be able to assist you in reviewing your current policies.
Working from home? Need some focus?
How to know what to prioritize at work If I could boil down everything I have learned about productivity into one simple message, it would be this one: Do What Matters Most. Start your day with your most important task. Focus on your ONE thing. It’s easy to know why: If you get your highest […]
We remember – the past, today and the future
Ransomware setting sights on C-suite executives
C-suite executives will increasingly be targeted as cyber criminals look for ways to extort money from large corporations, according to a new report from cyber analytics provider CyberCube. Organised criminals and hackers are moving away from “high-volume, low-value” attacks, according to CyberCube. Instead, hackers are carefully selecting senior managers who have access to their companies’ […]
Coronavirus checklist: 10 steps to safeguard your business
With many office-based companies required to work from home, it can be stressful trying to manage the business and at the same time protect their employees, customers, and interests. David Luck (pictured), CEO of Capital on Tap, shared with Corporate Risk and Insurance a business health checklist, that aims to help leaders and risk managers […]
Maintaining building fire safety checks still essential
The Insurance Council of Australia (ICA) has urged building owners and managers to continue fire protection safety checks and maintenance for commercial, industrial and residential buildings during COVID-19. ICA Head of Risk Karl Sullivan said the COVID-19 shutdowns did not remove the regulatory and insurance requirements for buildings to undergo fire protection inspections. Fire protection […]
How small business can weather the COVID-19 storm
The global COVID-19 pandemic has far-reaching repercussions for society, the health care system and the economy. Small- and medium-sized enterprises are going to be placed under tremendous pressure as people practice social distancing. Supply chains will be challenged, too. With the knock-on effects of COVID-19 impacting consumer behaviour, small businesses must be innovative and find […]
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