Explainer: How Cyber Insurance Helps Your Business
Every 10 minutes on average, another Australian small business reports a cyber crime, according to the Australian Cyber Security Centre.
Even insurance experts aren’t immune to the damage that a property fire can create. Managing Director at LMI Group and leading risk and loan assessor, Dr Allan Manning, narrowly avoided disaster after his home caught on fire in 2018.
Thankfully, Dr Manning had heeded his own risk mitigation advice and had a fire extinguisher handy, keeping the flames under control until firefighters arrived.
Dr Manning talks through the lessons he learnt, sharing key tips to help you prevent a house fire from becoming a tragedy.
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Photo by Jen Theodore on Unsplash
Every 10 minutes on average, another Australian small business reports a cyber crime, according to the Australian Cyber Security Centre.
Bushfires can wreak havoc and cause damage and devastation. Defend your business by getting prepared, having a plan and ensuring you have the right coverage to financially protect your assets.
One of the biggest banes of agriculture isn't unpredictable weather patterns of droughts and flooding rains. It's cyber threats.
Sole traders enjoy the "simplest and cheapest business structure", according to the Australian Government Business Register. You're in full control. You make the business decisions. But there are also a range of risks you need to be aware of.
Cash flow is the lifeblood of business. So if a disaster like a fire, burst waterpipe, or legal proceedings against you halts your operations, your business could fail.
Economic uncertainty may have prompted you to reduce, change or cancel your business interruption insurance. That’s a natural reaction in these uncertain times. However, it's important to know how that could impact your business and possibly come back to bite you.
Cybersecurity has become a necessity no matter your business size.
Money laundering is a growing concern in Australia, and professional services firms are often caught in the crossfire.
The White Island (Whakaari) volcano eruption across the Tasman Sea from Australia does still have fallout for Australian adventure tourism businesses.
As spring arrives, Australians are eager to embark on their travel adventures, both domestically and abroad; for business, leisure or both – often known as ‘bleisure’.
An insurance underwriter plays a key role in the insurance world, especially for businesses.