Business Insurance News

What insurance do you need for a business?

March 1st, 2019

What insurance do you need for a business and common mistakes businesses make?   “A necessary evil” and “a grudge purchase” are phrases I sometimes hear from business owners when describing their view on business insurance. I usually find that those who form this opinion have opted to ignore the possibility that their business could […]

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Management Liability

June 22nd, 2018

If you have a small to medium sized private company, you could be protected by a policy that covers claims from a wide range of management liabilities, such as; directors and officers liability, company reimbursement, company liability and employment practice liability. Directors of Australian companies are liable for compensation, fines and costs of claims filed […]

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Do you sign business contracts?

July 22nd, 2014

Many small and medium business owners and managers can expose themselves to potential financial difficulty by entering into contracts.  The business owner is typically focusing solely on the perceived benefit and not necessarily appreciating the liability and other consequences of what is being signed. At Insurance Advisernet we understand the risks associated with signing contracts […]

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Undervalued: why less is risking more

July 22nd, 2014

The increased cost of construction brought on by the carbon tax and the soft economic conditions mean many more small businesses are taking the risk of being underinsured, an insurance consultant warns. The managing director of loss adjuster LMI Group, Allan Manning, says many businesses are already underinsured and few realise they will be forced […]

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Cyber is the New Black

July 22nd, 2014

In December 2013, a well-known IT security blogger, Brian Krebs, was trawling some internet forums when he saw cyber criminals boasting about their latest ‘acquisition’ of credit card details. Two independent sources later, Krebs had confirmed that Target had been hacked and stolen customer cards were being traded on the cyber black market. Fast forward […]

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