4 Steps to a Great Risk Management Plan

A ‘risk’ is defined as anything that could negatively impact on your business. It’s impossible to eliminate all risks in a business, so you need to decide what level of risk you are willing to tolerate.

Business risks tend to fall into several categories. These include strategic, operational, compliance, financial, environmental and reputational. Creating […]

Are You Properly Prepared for Fire Season?

Fire season is back, and with many parts of Australia facing below average rainfall and drier conditions, it’s important for businesses and homeowners to be prepared.

This includes:

Mowing your lawns to keep the grass below 10cm.
Pruning trees and shrubs to reduce the risk of embers.
Getting your gutters cleared of debris.
Removing […]

Association Liability Insurance Explained

In the same way that a business might require insurance cover for key workers against legal liability that may arise in their work activities, so too might a not-for-profit organisation. This where Association Liability insurance comes in.

Association Liability provides financial protection for key personnel in not-for-profits, sporting and industry associations, and other similar […]

Top Tips for Motivating and Inspiring Employees

Anyone who has been a boss will probably know that even strong motivation can falter over time given the right (or wrong) circumstances.

So, how do you keep your employees inspired and motivated?

Here are five ideas to consider.

Nurture a positive workplace culture and environment. This includes creating a workplace focused on trust, […]

What Insurance Do Professional Service Businesses Need?

Professionals such as accountants, doctors, consultants, financial advisers, brokers and IT developers need many of the same types of insurance policies as other businesses.

This includes cover for property, public liability, motor vehicles, business interruption, burglary, equipment and workers compensation. However, more specific cover may also be required, depending on the service provided.

Professional Indemnity (PI) […]

Tips for Preventing Slips, Trips and Falls at Work

Every year, slips trips and falls lead to thousands of workplace injuries, such as fractures, bruises, sprains, strains, and dislocations.

Slips happen when a person loses traction between their foot and the ground. Trips tend to occur when a person catches their foot on an obstacle. Both slips and trips can lead to falls. Falls […]

Business Fleeced $76,000 in Cyber Crime Hack

Have you thought about what could happen if someone was able to change the banking details of suppliers on your accounting system?

This is exactly what happened in a Queensland franchise late last year. Cyber crooks were able to infiltrate the accounting program of a branch of Totally Workwear, and change the BSB and account […]

Importance of Workers Compensation Insurance in Your Business

Once you start employing people in your business, you are obligated to take out workers compensation insurance to cover potential work-related injuries or accidents.

It’s worthwhile for both employers and workers. Workers comp is ‘no-fault’ – meaning injured workers do not need to prove their employer was negligent to claim compensation. This type of set-up […]

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 […]

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 […]