Understanding the Impact of Data Breach Lawsuits on Businesses

Understanding the Impact of Data Breach Lawsuits on Businesses Thumbnail Image

Ever heard the phrase, “you can’t put a price on security”? Well, it turns out you actually can. In today’s world, data breaches are becoming increasingly common and the cost of these security lapses is often quite high. Not only do security lapses cost companies money, but they can also have a negative impact on … Continued

Why Every Small Business Needs Cyber Insurance

Why Every Small Business Needs Cyber Insurance Thumbnail Image

In today’s digital world, cyber security is a top priority for businesses of all sizes. If you’re a small business owner, you know how important it is to protect your data. Many small businesses mistakenly believe that they don’t need to buy cyber insurance because their data is already secure.Unfortunately, hackers and other cyber criminals … Continued

Management Liability Insurance – What you should know ?

Management Liability Insurance – What you should know ? Thumbnail Image

Operating a business assumes a variety of liabilities and risks. While you may personally comply with all the laws relevant in running the business, it is impossible to control the actions of others representing the company. Yet, the actions of employees, directors and managers and the financial consequences of these actions will often be a … Continued

A Guide to Cyber Insurance. Do you Need it for Your Business?

A Guide to Cyber Insurance. Do you Need it for Your Business? Thumbnail Image

What is Cyber Protection Insurance?   As technology advances, so too do the potential risks to your business’s cyber security. Facebook’s launch of Messenger in 2011 invited the global issue of Facebook lottery scams. The introduction of alpha tags in Australia resulted in a fake SMS phishing scam to collect personal data by using the … Continued

Corporate Travel Insurance: Why is it necessary?

Corporate Travel Insurance: Why is it necessary? Thumbnail Image

International and domestic travel is both exciting and essential to the operation of many businesses. However, there is no shortage of risks involved in travel, and much like personal travel, it is important to ensure your business is adequately covered for any unanticipated travel costs. Whether it is yourself or one of the business’s employees, … Continued

Why to use an Insurance Broker

Why to use an Insurance Broker Thumbnail Image

Having the right insurance for your business is essential to continue its day-to-day operation and protect your workforce. You can do everything to maintain the proper function of the company, but some things will be beyond your control. In these moments, it is important to have the right cover that satisfies the specific needs of … Continued

A look at Professional Indemnity Insurance

A look at Professional Indemnity Insurance Thumbnail Image

While you may be doing everything to ensure your business is carrying out its day-to-day operations in a flawless and exemplary manner, no one is perfect. Mistakes will be made, and when they are, it is important to make sure your business is protected. Taking proactive steps such as buying a suitable insurance policy will … Continued

The Difference Between Public and Product Liability and Professional Indemnity?

The Difference Between Public and Product Liability and Professional Indemnity? Thumbnail Image

It is a common misconception that Public and Products Liability insurance (also known as General Liability insurance) can cover all liability exposures. However, the reality is that there are distinct differences between Public and Products Liability insurance policies and Professional Indemnity cover. Below is a brief breakdown of what each product insures your business against … Continued

What is Group Insurance and how does it work?

What is Group Insurance and how does it work? Thumbnail Image

Group insurance is a great way to provide cover for a group of people, where a single contract can provide cover to all members. How does group insurance work? Usually, the policy owner is an employer or an entity such as a professional body, union, association, or affinity group. Because a single policy will be … Continued

Why do you need personal accident and sickness insurance?

Why do you need personal accident and sickness insurance? Thumbnail Image

Life doesn’t always go according to plan. Suffering from a sickness or injury can be an unpredictable event that halts the usual course of everyday life. This could result in you having to take time off work in order to recover. If this is the case, a loss of income could be critical to your … Continued