Underinsurance is when you don’t have enough insurance to cover all the costs of rebuilding your home. You are considered to be underinsured if your insurance covers less than 90% of the rebuilding costs. Increasing your insurance cover may not cost very much, and you may even be able to get more cover for the […]
Phone, Tablet & Laptop Insurance
Portable electronic devices are highly valuable but also easy to damage, misplace or steal. Insurance can be a good way to offset the cost of repair or replacement. Before you take out insurance read the fine print, as some providers do not cover accidental loss or mechanical damage. It pays to shop around as insurance […]
2016 Marred by Extreme Weather Events
Australia suffered through a year of extreme weather events, according to the latest research from the Bureau of Meteorology.In its Annual Climate Statement 2016, the BoM noted that 2016 continued a streak of record-setting years when it comes to serious weather events. 2016 was the fourth warmest year on record in Australia… Continue reading here. Source: […]
5 Data Breach Predictions for 2017
In 2017, most companies have data breach preparedness on their radar. But the threat landscape is ever-evolving. Staying ahead of emerging threats and the increasing sophistication of cybercriminals requires “constant vigilance,” as Mad-Eye Moody from J.K. Rowling’s Harry Potter series was fond of saying. To help you stay ahead of emerging threats, CIO have provided […]
Law Firms and Cyber Attacks
Cyber attacks not only cost law firms time and money – they could also have professional conduct implications, writes legal affairs commentator Morry Bailes. Apple, Sony, eBay, Dropbox: all influence how we live, shop, communicate and do business – all have been the targets of cyber attacks. And it’s our data they are holding. In […]
Proposal to Transfer CGU Insurance Licence
CGU Insurance will apply to the Federal Court of Australia for confirmation of a scheme to transfer all of its insurance business into a related company called Insurance Australia Limited (IAL) effective on or about 1 August 2017. What does this mean for CGU clients? The proposed transfer will have no impact on CGU clients. […]
Top 10 Healthiest New Year’s Resolutions
Each January, roughly one in three Americans resolve to better themselves in some way. A much smaller percentage of people actually make good on those resolutions. While about 75% of people stick to their goals for at least a week, less than half (46%) are still on target six months later, a 2002 study found. […]
November Hailstorm Tally Released
Insured losses from the November hailstorm that struck parts of northwest Victoria, northeast South Australia and southern New South Wales have now risen to $192.6 million, the Insurance Council of Australia (ICA) has revealed. South Australia was the most severely affected with insured losses of $130 million from 20,080 claims. Read more here. Source: Insurance […]
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Ways to Stop Workplace Fraud
Workplace fraud is probably more common than you think. No less than 57% of Australian businesses reported suffering some form of economic crime between 2012 and 2014. And scammers alone took almost $85 million from unsuspecting Australians in 2015. As a business owner or manager, you should be empowering every employee to take responsibility for preventing fraud in your […]
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