Contractors can save you time and money by helping you to manage workload spikes, fill temporary resource gaps, perform specialist services and run defined projects. But they can also expose you to a range of legislative and commercial risks if you don’t handle them with care. A contractor is a … [Read more...] about Contractors and your business – minimising your exposures
What Businesses Should Know About Water Damage
Whether it’s from a leaky hot water system or a flood, did you know that, according to Chubb claims data, your office is more likely to have water damage than damage from a fire? If your business owns or leases property or office space, it’s best to have a plan and be prepared - these practical tips … [Read more...] about What Businesses Should Know About Water Damage
What insurance do I need for my business?
If you’re just starting out in business, insurance should be a top priority. This is because once you have opened a new business, insurance can be one of the most important factors in ensuring you stay open. Our Steadfast Well Covered article explains more here. If you would like to discuss the … [Read more...] about What insurance do I need for my business?
Is your business fire safe?
Although bushfire season is here, this risk is only one of a host of different sources of fire. Arson is often the cause of fire and poor maintenance standards are another serious fire risk for businesses. For instance, damaged or old electrical cabling is all too often the cause of a fire, … [Read more...] about Is your business fire safe?
Is insurance included in super for business owners?
Insurance can be complex, especially when it comes to the superannuation environment. Here we explore insurances that can be held inside and outside super and some considerations for small business owners when it comes to ensuring they have the appropriate cover in place. Insurance inside super: … [Read more...] about Is insurance included in super for business owners?
Do you have enough insurance for your small business?
Underinsurance remains a serious issue for small businesses, with the Insurance Council of Australia’s (ICA) statistics showing 12.8 per cent of small businesses and 24 per cent of sole traders have no insurance. Organisations operating in the education sector have the highest rate of non-insurance … [Read more...] about Do you have enough insurance for your small business?
Rising water damage claims: what’s the cause?
A new report shows there has been a substantial jump in insurance claims as a result of internal water damage since 2014. Insurer Chubb’s new report, Get Smart about Water Leaks, has found claims related to water damage have grown by 72% over this time. The average value of claims has also … [Read more...] about Rising water damage claims: what’s the cause?
Record keeping in managing slip and trip risk goes digital
Almost every business is exposed to potential slip and trip risks - no matter if you’re running a café, bookshop or a busy licensed establishment. With the pending lift of the controversial Sydney lockout laws, late night venues will need to be mindful of the risks attached to customers staying … [Read more...] about Record keeping in managing slip and trip risk goes digital