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 […]
Is That Email Really From Your Boss?
The business email compromise scam happens when a fraudster impersonates a senior member of staff to trick someone at the company to transfer funds to the fraudster’s account. While that may sound simple enough, the scam can be quite sophisticated in the way it’s put together – with many months of detailed planning going into the […]
SME’s Urged To Take On Cyber Cover
“For SMEs, the time for thinking about cyber insurance protection is over, and it’s now time for action to be taken,” McMillan told Insurance Business.“No longer can cyber risk be a business issue considered to be the responsibility of IT managers alone. The damage to […]
Preparing for Bushfires
Large areas of Australia suffer from the threat of bushfires. Unfortunately for us all, Australia is predicted to experience an increasing number of fire events over the coming years, with fire seasons starting earlier and earlier and running longer than in previous years. If you live or work in a high risk bushfire area, planning and […]
Giving Someone a Drone for Christmas?
Drones are all fun and games until you find out insurance doesn’t cover the damages. If a drone is on your holiday shopping list, be sure to check your insurance coverage before you crack open that instruction manual and take flight. Read more here. Source: Time Image: Shuttertstock
Christmas Gifts You Should Insure
Don’t risk losing your brand new Fitbit, drone, or Nutribullet. Insure it under your contents policy! Now that we’re well into 2016, it’s time to think about adding some of your haul to your contents insurance. While you won’t need to include your $20 adult mindfulness colouring-in book, you should definitely think about adding your […]
18 International Travel Tips
Travelling internationally can sometimes be nerve-racking and overwhelming. However, with some smart tips from well-experienced travellers from around the world, you’ll be a pro-traveller in no time. Click here for a free travel insurance quote. Read more here. Source: CGU. Image: Shutterstock
Bushfire Risk – Are you protected?
How do you know if your assets are covered for bushfire damage? Most household insurance policies cover you for bushfires Make sure you understand what coverage you have, as well as any exclusions or limits that may be a part of your insurance policy. It is important to be aware of these exclusions and to query […]
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