event insurance

Contingency Insurance: Why it should be on your radar

By Nick Jefferson | September 4, 2019 | 0 Comments

There are several types of Contingency Insurance available to cover a range of unpredictable circumstances that may affect your planned business activities.  These are: Cancellation & AbandonmentPluviusPrize Indemnity The following describes a bit more about the types of Contingency Insurance that may be necessary for your business. Cancellation and Abandonment Event organisers, promoters and sponsors […]

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Trade Credit

Fast Facts: Trade Credit Explained

By Nick Jefferson | August 20, 2019 | 0 Comments

Trade credit insurance is an important tool in a small business’ arsenal to protect against the risk of debts not being paid. Australian businesses owe around $950 billion to other businesses. Which means it’s essential to have protections in place so that in the event a creditor does not meet its obligations, the business can still recoup […]

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Trade Credit

Avoiding Debt: How To Plan For A Prosperous Future

By Nick Jefferson | June 3, 2019 | Comments Off on Avoiding Debt: How To Plan For A Prosperous Future

More than 60% of small businesses in Australia close within their first three years. This is unsurprising as small business owners face a number of challenges and threats every day. One of the most common struggles businesses face is cash flow. If you don’t have enough money available to pay your staff and suppliers or purchase […]

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Underinsurance

Is Your Business Underinsured?

By Nick Jefferson | May 29, 2019 | 0 Comments

1 in 10 Australian small businesses with insurance don’t have enough cover to protect themselves. Many Australian businesses are underinsured, which gives them a false sense of security and leaves them exposed to potential risks in case of an incident. Business owners and companies who become complacent with their insurance often don’t seek professional advice. […]

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Travel Insurance

The Big Problem With Your Travel Insurance

By Nick Jefferson | April 1, 2019 | 0 Comments

Most people think buying travel insurance is a bit of a last minute, no-brainer that can be purchased via the first option that pops up on Google. Unfortunately, when claim time comes around things can start to unravel dramatically. Travel insurance is one of those products that most people think they can take a DIY […]

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Insurance costs

Ways to reduce your business insurance costs in 2019

By Nick Jefferson | March 20, 2019 | 0 Comments

The Australian insurance market is starting to enter the ‘hardening’ phase.  This means many business owners can expect more expensive premiums, higher excesses and more narrow coverage. While there’s not much you can do to stop the hardening market, there are certain steps you can take to ensure the market hardening has less of an […]

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Cyber Insurance

The Evolving Threat of Cyber Crime: Is Your Business Next?

By Nick Jefferson | February 12, 2019 | 0 Comments

In the past year, the number of reported Cyber attacks have damaged more networks and exposed more consumer data than ever before. While there are certainly more attacks occurring year on year, more stringent laws have been put in to place that mean greater transparency is necessary when a breach does occur. This has meant […]

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Are Your Social Media Channels a Professional Indemnity Risk?

By Nick Jefferson | January 29, 2019 | Comments Off on Are Your Social Media Channels a Professional Indemnity Risk?

According to the Sensis Social Media Marketing Report (2018), 79% of Australians are on social media, with 47% of small businesses, 49% of medium businesses, and 60% of large businesses having a social media presence. Social media is becoming an increasingly common way for businesses to promote their products and services to clients and potential […]

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Product Recall Insurance

By Nick Jefferson | February 8, 2016 | 0 Comments

Lettuce talk about product recall insurance! Not many people expect to fall ill from eating lettuce but this goes to show that no product is immune to potential harm. Take a second to peruse the Woolworths website to see just how many products have been recalled in the last year, some may surprise you. While […]

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Credit Insurance – now more important than ever

By Nick Jefferson | January 12, 2016 | 0 Comments

Happy New Year everyone! 2016 has started off with a bang. It’s only the second week of January and we have already seen two administrations, first Dick Smith, then Laura Ashley. Combined with a faltering stock market and questions over the Chinese economy, are your receivables secure? If you would like to discuss credit insurance, […]

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