News and Current Issues
28 May 2013
How to Manage Transportation Insurance Costs
8 Ways to Manage Transportation Insurance Costs
There are various ways to increase or reduce the costs associated with transporting goods and products. Reducing costs can often influence the quality of transportation, and increasing costs can often influence any premiums you may pay in case of problems. Read More
21 May 2013
Protect Your Property Investment
Insurance for Commercial Property Investors.
Whether you're investing in a new property to build wealth, use for your business or buying a property to live in or as a way of generating a rental income or other return, it is important to insure your new property investment. Read More
7 April 2013
State Government Needs to Provide Data
Queensland prompted to provide it’s flood studies to insurers.
The Queensland state Government has been advised to provide insurance companies access to recent flood studies to determine any changes in premiums. Read More
7 April 2013
Insurance Renewal Tips
Tips for Renewing Business Insurance
You should always look at current market conditions before renewing your business insurance. Using a brokers is the best way to go as they have easy access to a range of insurers. Read More
26 March 2013
Insurance for contractors
Insurance guide for self-employed contractors
Whether you are a tradesman or software consultant, one should have the appropriate and affordable insurance cover as a contractor. Read More
14 March 2013
Home Business Insurance
Insurance options for home-based businesses
If you work from home on a part-time or full-time basis for your business, It’s important to ensure that you are adequately covered by an insurance policy that is tailored to your business. Read More
19 February 2013
Chartis rebrands to AIG
AIG announces re-branding of Chartis Australia
Today, American International Group (AIG) announced the rebranding of Chartis Australia to AIG Australia limited. Read More
11 February 2013
Saving Money on Business Insurance
Money Saving Insurance Tips
Here’s a selection of tips on how to make finding a business insurance policy that little bit easier. Read More
24 January 2013
Victorian Emergency Management Authority
New Commissioner and streamlined emergency management agencies.
For self-employed business owners, liability insurance can be a nightmare. At Melbourne Insurance Brokers, we make it easy. Read More
3 January 2013
Get the right liability Insurance for your self-employed business
Liability Insurance for Self-employed Businesses
For self-employed business owners, liability insurance can be a nightmare. At Melbourne Insurance Brokers, we make it easy. Read More
18 December 2012
Insurance Can Help Business Owners Sleep at Night
Essential Insurance Protection for All Business Owners
Being a business owner, there are many things that can keep you awake at night. Well worry no more. Read More
17 December 2012
Tailored Insurance
A significant number of businesses are under-insured & exposed.
Businesses are overwhelmingly satisfied with services provided by insurance brokers, reports Insurance Business Online. There are however, a significant number of businesses who are under-insured and left exposed. Read More
3 December 2012
Insurance for Plumbers
What type of business insurance do plumbers need?
Whether they are self-employed or running a business, specialist insurance protection is a must-have for plumbers.....
Read More
9 November 2012
Business insurance for builders
What kind of insurance do builders need?
Insurance is an essential requirement to small businesses – and builders are no exception. In fact, given the hazardous nature of the work, it is important that builders have the right insurance policy for their business.....
Read More
5 November 2012
Tradesman Insurance
Insurance Options For Tradesmen
Any type of Tradesman should have Insurance. It is important for both sole traders and businesses with employees. Public liability insurance is the backbone of the policy, and can be complemented by a range of other covers which can provide protection for other aspects of your trade.Cover tools, equipment, machinery, buildings and more....
Read More
22 October 2012
Business Insurance for Retailers
RETAIL BUSINESS INSURANCE OPTIONS
There are various types of insurance packages for retailer businesses. In the end, it's important that a retail business insurance package covers a broad range of retail aspects. So remember, when choosing a business insurance package for your retail business. Pick a comprehensive package that covers multiple aspects of your retail operation.....
Read More
11 October 2012
Small Business Insurance
What Insurance Is Right For My Business
Most new small business owners don't understand their insurance obligations and don't do enough preparation when assessing insurance providers.Victorian law states that businesses must have some sort of business insurance, this should at least make business owners realise what kind of insurance they require at a minimum.....
Read More
11 May 2012
CGU INSURANCE
Businesses better off with a broker
CGU Insurance have found that a significant number of small business owners that didn't use an
insurance broker in regional and rural NSW,Vic & Qld are under insured. One of the most concerning statistics is that regional businesses were half as likely to have
Business Interruption Insurance if they didn't use an insurance adviser. This statistic is made worse by the fact that 57% of small businesses reported loss in their business in the previous 12 months with equipment breakdown the most common reason for a loss....
Read More
22 February 2012
SUNCORP CEO - HALF YEAR RESULTS
Suncorp CMCL sees harder market
INSURANCE INTERMEDIARIES can expect to see further hardening of premium rates as the major insurers – especially the ASX listed insurers – aim to lift their profits in the coming year.
This forecast follows comments by Anthony Day, CEO Suncorp Commercial insurance, on the on half year results to December 31 announced today. Suncorp's Commercial Insurance has led the market in pricing, rather than reducing prices to chase business, he said ... Read More
21 February 2012
AFMA - IAAA CONFERENCE FEB 2012
QBE's Standfield Says "Tell More People"
INSURANCE BROKERS AND AUTHORISED REPRESENTATIVES have been urged to tell their clients and the public how much the industry pays out in claims each day - $95 million.
Shaun Standfield general manager QBE Intermediaries has called for better advice to clients on the key statistics of the industry.
Addressing the 17th AFMA IAAA conference on the Gold Coast last weekend, he questioned whether the industry was telling the public enough about the insurance industry ... Read More
21 February 2012
AFMA - IAAA CONFERENCE FEB 2012
CGU IS pushing the value of business interruption to Australia's regional SME businesses following its latest research showing such cover is badly lacking beyond the metropolitan areas.
It has the potential network of 1000 insurance brokers and authorised representatives to enlist in its campaign.
"While we do not have a plan for a specific business interruption campaign through intermediaries, we continue to investigate ways to assist them provide their customers with informed views on the types of insurance they should have and why," a CGU spokesman told InsuranceNewsAustralia.com ... Read More
21 February 2012
AFMA - IAAA CONFERENCE FEB 2012
Governments "Don't Understand"
INSURANCE INTERMEDIARIES have been faced with a truth behind the massive amount of regulations that have been imposed on the general insurance industry because of government lack of understanding of the industry's place in society and the economy.
Andrew Beer, Director of Retail Distribution CGU, addressing delegates at the AFMA IAAA conference on the Gold Coast on the changing landscape of the insurance industry in 2012 said: "Governments don't really ... Read More
10 February 2012
ALLIANZ-NEWSPOLL FUTURE OPTIMISM INDEX
Little Optimism on Australian economy
AUSTRALIANS' OPINIONS varied considerably to some politicians' views on the economy according to one of the most thorough population measures undertaken.
This is the Allianz-Newspoll two-monthly Future Optimism Index.
In the latest survey report released this week, Allianz Australia managing director Terry Towell said: "For most Australians, regardless of gender, age, or state of residence, optimism about the future of the economy ... Read More
10 February 2012
ICA
Insurers Facing Their Own Water Hazards
THE GENERAL insurance sector operating in Queensland and northern NSW is also facing the water hazards of the flooded regions because loss assessors and other personnel have not been able to get in to accurately assess the losses in many places.
Insurance brokers are doing their best in the closed regions to attend to suffering clients ... Read More
3 February 2012
JP MORGAN & DELOITTE
Insurers Withdrawals worry brokers
INSURERS PULLING out of various markets is one of the top issues facing insurance brokers in Australia.
The insurers are leaving certain markets because of the increasing cost and exposures of natural perils and climate change.
The other big concern of brokers is in the distribution business where direct marketing and internet sales are increasing their share of insurance arrangements ... Read More
31 January 2011
SMALL BUSINESS NSW
SME's confounded by Compliance
REGULATION, ESPECIALLY compliance, are among the burdens affecting the progress of the small business market in NSW – and could be found in other states.
The "burdens" such as regulations on small businesses, work health and safety requirements and global economic pressure are some of the challenges facing small business operators in NSW, the state's first Small Business Commissioner Yasmin King announced yesterday ... Read More
20 September 2011
KPMG SURVEY
Brokers hold commercial key
INSURANCE BROKERS in Australia have remained the key distribution channel for commercial insurance over the past 25 years, KMPG reports in its latest General Insurance Survey for 2011.
During the past 5 years brokers have averaged more than 70% share of the commercial insurance market, said KPMG quoting official statistics ... Read More
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