Warren Buffett has said that he would never invest in cryptocurrencies such as Bitcoin despite their recent popularity. Bitcoin hit record prices last month of close to $25,000 but prices have since fallen by 25%, as cryptocurrencies continue on a roller-coaster ride. The Oracle of Omaha said, in a recent interview with CNBC, that he […]
$500K FRAUD FOILED BY PHONE FAIL
A Sydney man has been denied an insurance payout of more than $500,000 after it was found that his friend was responsible for the fire that destroyed his investment property. Sachin Sharma claimed $466,252 on his home policy and $60,637 for the contents at the property in Ingleburn in the city’s southwest which was destroyed […]
DO INSURANCE COMPANIES HAVE A ROLE TO PLAY IN EQUIPPING US F...
Lloyd’s of London will no longer allow their trading platform to be used for investing in coal, because this fuel is the main driver of climate change. Given the global insurance industry has been harking on for decades about the increasing risks of extreme weather to property, one would have thought they might have arrived […]
TAKING ON THE INSURANCE CONUNDRUM OF THE WINTER OLYMPICS
Before crowds could gather in PyeongChang for the opening ceremonies of the Winter Olympics, design professionals and contractors created the ice rinks, ski jumps, and bobsled tracks on which athletes compete. For an event as big as the Olympics, professional liability insurers also worked hard to help clients mitigate the risks that come with being […]
SANTA FORCED TO ABANDON SLEIGH DUE TO INSURANCE CONCERNS
Need a hand with your insurances, or have a burning question? Contact us now to discuss your insurance requirements. Santa has been forced to ditch his sleigh after insurers deemed it too risky. The Brighton Rotary Club normally visits children in the British seaside town via sleigh but insurers insisted that Santa had to install […]
HOW RIDE-SHARING SERVICES CAN TAKE YOUR PRIVACY FOR A RIDE
Even the largest companies in the world are not exempt from security breaches – and the scope of even a minor breach of your client’s confidential information can be devastating. Why take the risk? Contact us today to discuss Cyber Insurance. In cities around the globe, using ridesharing services has become a way of life. […]
SOCIAL MEDIA EVIDENCE REDUCES $20M DAMAGES CLAIM TO NOMINAL ...
SOCIAL MEDIA EVIDENCE REDUCES $20M DAMAGES CLAIM TO NOMINAL SUMSOCIAL MEDIA EVIDENCE REDUCES $20M DAMAGES CLAIM TO NOMINAL SUMSocial media evidence used by defendant to reduce claim for $20 million damages to nominal sum. In Issue Whether surveillance and social media records were admissible to contradict the plaintiff’s account of disabilities. The Background Yena Foong (the […]
EMPLOYMENT PRACTICES LIABILITY TIPS
As a business owner, Employment Practices are a topic which is always in the back of your mind. If you want to discuss these practices, or have any queries about insuring them, please contact us today. The media loves a scandal – and scandal it had in 2017 with a series of high-profile sexual […]
DATA RANSOM AND THE THREAT IT POSES TO YOUR SMALL BUSINESS
If you would like to discuss Cyber insurance, please contact us via our Cyber Insurance page. Advances in technology are great, but the downside is that when you use technology, you are leaving yourself open to all kinds of cyber crime and security threats. Among those threats is the risk of ransomware, which the ACCC has […]
NINE THINGS YOUR NEW CAR NEEDS TO BE SAFE
Though not the most exciting subject when buying a new car, vehicle safety has come in leaps and strides in the last few years. Buying a car is an exciting and often frustrating experience. Aside from the usual questions about fuel efficiency, blue tooth connectivity and whether red really does make it go is faster, […]
Latest Articles
Cybersecurity Rules Tighten: Is Your Board Prepared?
In an era where cyberattacks can bring even the biggest companies to their knees, the ...
Brian Cox, black holes and… insurance
From cyberattacks in outer space, to solving geopolitical risk, the presenter addressed it all. If ...
Happy New Year
The team at Austbrokers Terrace look forward to welcoming you again in 2025. Wishing you ...
Seasons Greeting to All
With best wishes to you and your families for the festive season from the team ...
Do You Know the 7 Key Risks of Owning an Electric Vehicle?
Sales of electric vehicles (EVs) in Australia have reached a milestone – for the first ...
What are the top cyber security threats for businesses?
This Cyber Security Awareness Month, BDO takes a look at the threats faced by businesses ...
Today, as we remember the past, we look to the future
Not just today, but every day, we honour the brave men and women who have ...
Insurance headaches: Eight tips to minimise the risk of a claim denial
It’s every business owner’s nightmare—an unforeseen incident occurs, stress is up, you file an insurance ...
Disaster Plans Every Australian SMB Should Have Ready Now
More than two thirds of Australians live in a local government area impacted by one ...
DISCLAIMER
This web site is designed primarily for use by Australian residents. Therefore, some products referred to in this site may be inappropriate for overseas residents. Please contact us via e-mail or phone to discuss your needs should you not be an Australian resident.
The information on this site is for general information purposes only and you should first seek advice from us to determine which products and services are most appropriate for your needs. We take our responsibilities to you seriously, and will work closely with you to customise your program to suit your needs.