Management Liability Pillars For any one wondering about the key components of management liability, we provide a simple synopsis. We hope this is of value to our existing and potential clients as well. Insured persons liability Covers loss arising from claims brought against the directors, officers or employees acting in a managerial or supervisory capacity […]

Another Cyber Crime Incident ! The following article is indicative of the inability for Business to combat the ever increasing Cyber Crime epidemic. This class of insurance will become the money cover of a decade ago and it is vital that the public at large recognise this growing exposure before it is too late.  Speak […]

READY FOR THE WORST Business Interruption is probably the insurance product that is less understood by both the public and insurance industry alike. Our team have has much experience and understanding as any of our peers and are enthused to assist our existing or potential clients on getting this right, as to not do so […]

SMALL BUSINESS SCAM WARNING Small businesses have been warned about a rise in ransomware cyber scams, estimated to cause losses of up to $1 million a year. ACCC Deputy Chair Dr Michael Schaper says that the ACCC received more than 2500 ransomware complaints last year. “Several people reported losing over $10,000 to these scams, which […]

Are you a small business director?  Small business owners are offered a helping hand with a new online resource explaining roles and responsibilities of company directors. Released by ASIC, the resource may be useful to brokers when initiating discussion with their small business clients about directors and officers insurance. Furthermore, the guide offers a reminder […]

CORPORATE TRAVEL CLAIMS SCENARIO AND SOLUTION. At Austbrokers Terrace, we focus on the needs of our commercial clients. Travel, whether for holiday or business, has become a regular part of our busy lives. The following article and attachments are just one example of the functions we can perform as your broker. We trust you find […]