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Does your business have sufficient cover for flood?

When La Nina hit in March, thousands of New South Wales and southeast Queensland residents were forced to evacuate their homes and businesses. While heavy rain was anticipated, the true impact of the flooding that followed had an all too real impact on local communities in Eastern Australia.  Recovery efforts are underway, but for many […]

Keep your business’ income protected as government support ends

While things are looking up, the fall-out from the COVID-19 pandemic is still being felt by businesses across Australia. For many, the lockdowns and restrictions have had a lasting effect, even months down the line. The good news is that economic recovery has been better than first thought, according to the Reserve Bank of Australia. […]

More businesses turning to brokers in troubling times

An unsettling year has left many businesses concerned about what the future holds. After seeing firsthand how difficult economic conditions can leave a lasting impact on firms, an increasing number of SME owners are looking to insurance brokers. This year, Vero’s SME Insurance Index marked its 10th anniversary. The new report revealed that 40% of […]

Insurance broker or go it alone, what’s best for your SME?

As a small to medium-sized business, you may be tossing up whether you need an insurance broker to help keep your company protected. Large companies are often expected to be more inclined to seek out assistance from an insurance broker, while SMEs take care of their cover needs themselves. Recently though, Deloitte Access Economics prepared […]

Does your business need interruption insurance post-pandemic?

Shutting down indefinitely is a financial nightmare for business owners. Last year, in a bid to control the spread of coronavirus, governments introduced trading restrictions. This severely impacted many business owners, which in turn ignited a lengthy legal battle over business interruption insurance. This court battle is ongoing and is expected to remain unsettled for […]

Virus challenges carry into the New Year

During the recent summer holidays, many people across Australia enjoyed living under lightened restrictions after a tumultuous year. That said, this time brought more than just good news – the challenges of COVID-19 are not over just yet. At a time when much of the country have travel plans, the New Year proved to be […]

How To Target New Markets In A Recession As A Small Business

For many small businesses, it has undeniably been a testing year. With the coronavirus pandemic sweeping across the globe and disrupting typical operations, SMEs have had to overcome a plethora of new challenges. This considered, there are still opportunities for businesses to maintain their viability and plan for future success. By developing an enhanced understanding […]

How Increased Natural Hazard Risk Is Impacting Insurance

Across Australia, the frequency and severity of natural hazards has continued to escalate in recent times. As this risk escalates, much of the nation is beginning to question how prepared we are to effectively manage the fallout of such disasters. A Royal Commission hearing in September brought about suggestions that, when it comes to making […]

Insurance Cover & Working from Home

In the midst of these uncertain times, flexibility in business has become all the more important, with many employees now working remotely. Even before COVID-19, many individuals were seeking more flexible working options, given technological advances and a desire for a greater work-life balance.  As a business owner, you’ve likely noticed this progression and; thus, […]