About Ali Okailey

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So far has created 40 blog entries.

What’s the Catch with Insurance for Tradies?

Businesses come in all shapes and sizes, and this means they don’t all face the same types or levels of risk. Trades businesses for instance carry specific risks that other types of businesses may not, or at least not to the same degree.

This means tradespeople need to secure insurance cover that accurately matches […]

Insurer Pays $164k for Poor Sales Practices

Youi Insurance has landed itself in hot water by putting sales figures ahead of customer interests.

According to ASIC, this occurred because the insurance company was offering incentives and bonuses to staff based on sales. This in turn resulted in many customers being signed up for insurance products without their knowledge or consent.

The […]

Why You Need to be Asbestos Aware Before Picking Up Tools?

Being a hardy, lightweight and relatively inexpensive material, asbestos was widely used in construction projects in Australia between the 1930s and the late 1980s. Asbestos can be found in roofing material, wall-cladding, insulation, sealants, pipes and even floor-coverings.

In its undisturbed and tightly-bonded state, asbestos doesn’t pose much risk, and it’s usually not necessary […]

Why Independent Businesses are not Immune to Cyber Crime?

Cyber crime costs the Australian economy $1 billion annually, and it’s not just big organisations that are affected. Statistics indicate that independent businesses are the target of 43% of all cyber crime in Australia.

Cyber attacks can be particularly devastating for an independent business. As much as 60% of independent businesses that suffer a […]

7 Tips for Improving Cyber Security

According to the Insurance Council of Australia (ICA) cybercrime is on the rise and is costing an estimated $1 billion each year. Reports by Symantec also state that Australians tend to be unaware of the risks, especially when using mobile devices.

Cyber-attacks include hacking, viruses, phishing, online fraud, identity theft, and theft of financial information and […]

Crime-Proofing Your Business Premises

The more layers of security you have around your premises, the less likely it is that burglars are going to target it. This is because burglars tend to look for places where they can get in and out quickly and easily. Anything that can slow them down can aid in preventing a burglary.

What you can […]

Why Choose a Broker Over a General Insurer?

When you’re running a business, you want to ensure all assets are protected regardless of future circumstances. It goes without saying, one of the most important things to get right to protect and help sustain your business is insurance.

Insurance brokers are professionals who specialise in providing expert advice in risk and insurance. An insurer is […]

6 of the Most Common Mistakes to Avoid When Buying Insurance

Insurance is regarded by many business owners as somewhat of a ‘grudge’ purchase – a cost that most find necessary but ultimately irritating and expensive. Often the most common misconceptions about insurance are avoidable and can be put down to a lack of information available to business owners. Here’s six mistakes people make when considering […]

How Insurance Fraud Affects All of Us

It might be thought of as a “victimless crime” where the only loser is a huge company, but insurance fraud has negative implications not just for those directly involved, but also for the wider community.
It can involve a range of activities.

Insurance fraud is estimated to cost billions every year and plays a part in driving […]

An Assortment of Ridiculous Insurance Claims

The insurance business is a funny one. Experiences for insurance professionals can range from the incredibly serious to the incredibly hilarious. The serious situations often stem from claims being made by people – in times when their business is on the line or their income threatened. Likewise, the hilarious experiences tend to come from the […]