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GET SMART ABOUT WATER LEAKS
By Chubb | 28-Aug-2019
A review of Chubb’s proprietary data for the past 10 years, reveals that the impact and cost of water damage losses in Australian homes is on the rise. Read More >

CYBER CRIMINALS ARE GETTING SMARTER AT USING SOCIAL ENGINEERING TO DEFRAUD BUSINESSES
By EMERGENCE INSURANCE | 15-Jul-2019
New research from US-based cyber security company FireEye, which analysed 1.3 billion phishing emails in Q1 2019, has found three big emerging trends. Read More >

INSURANCE PREMIUMS INCREASING SIGNIFICANTLY FOR THE CONSTRUCTION INDUSTRY
By Danielle Manton - Austbrokers SPT | 04-Jul-2019
The insurance market is currently in a hardening insurance cycle where insurers are increasing premiums, reducing their capacity and selectively choosing whether to insure risks or not. In addition to this cycle, in particular, the professional indemnity insurance for the construction industry has been unprofitable for insurers since 2011. In 2017 insurers paid $3.42 in claims for every $1 received in premiums according to PWC. Read More >

HAPPY NEW FINANCIAL YEAR - IT'S TIME TO REVIEW YOUR INSURANCES
By Roslyn James - Austbrokers SPT | 01-Jul-2019
The lead up to end of financial year can be over whelming and we are sure that reviewing your insurances was not high on the priority list. BUT now that the stress of June has settled and we have crossed over into the new financial year, now is the best time for business owners to review their insurances. Why? Many business owners simply renew existing policies without taking into account changes in their business that have occurred during the last year, or that are planned for the new year, which could mean that their coverage will not be up to date. Read More >

SUBSTANTIAL INCREASE FOR THE NSW EMERGENCY SERVICES LEVY
By Insurance and Risk | 19-Jun-2019
As previously speculated, the NSW Budget has announced a significant increase in the amounts to be collected by the Emergency Services Levy (ESL). Read More >
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