A serious software weakness in Apache software is exposing billions of devices globally. Log4j is a software utility that has been integrated into countless apps and IT platforms.Recently discovered security flaws are being exploited by cyber criminals to attack IT systems in Australia and … [Read more...] about Cyber Insurance Alert regarding Apache Log4j Vulnerability
The lessons for us all from Perth’s recent bushfiresFebruary’s bushfires savaged Perth’s north-east with 86 properties destroyed over several days as it burnt through more than 11,000 hectares. By late February, more than 730 insurance claims were lodged totalling more than $60 million, … [Read more...] about The lessons for us all from Perth’s recent bushfires
Being able to protect your business against all eventualities is crucial for success. One threat that is more likely than others is storm season. Last year alone, storm damage and natural disasters cost Australian businesses more than $18.7 billion - a figure that is set to double over the next … [Read more...] about Getting Your Business Ready for La Nina
While damage to homes often receives media coverage in the event of a major flood, businesses are just as at risk when a weather event of this nature happens. So it pays to understand how insurance responds in the event of a flood or storm. Let’s look at flood first.After a number of … [Read more...] about What’s the difference in the way insurers treat storms and flood?
Social media risks for businesses have increased since recent court cases found some Facebook page administrators of public pages are considered to be primary publishers of third-party comments.The cases, heard in the NSW Supreme Court of New South Wales, involved an individual who sued a range … [Read more...] about Preparing for social media risks
Building defects are a common issue many investors and homeowners face. In fact, as many as 85 percent of new strata properties have defects.Some building flaws may seem trivial or superficial at first. But the reality is that if defects are not dealt with properly, a building can become … [Read more...] about Is your strata insurance really looking after you?
An individual’s claims won’t push up their premiums unless there are many people making similar claims as may be the case after a natural disaster or another calamity.Another factor driving premiums up is policy holders rinsing their add-ons and extras for all they’re worth. Take, for example, … [Read more...] about Factors influencing your insurance premiums