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Brokers add real value at the time of a claim

The key roles of a broker are to help identify and manage risks on your behalf, and to arrange and place appropriate cover. However, the true value of a broker is never fully appreciated or understood until you have a claim. Many businesses fail following a significant loss usually due to two things – inadequate […]

CGU See it Through in Rockhampton

When extreme weather hits, CGU is there to see it through for our small business customers and their community. When Tropical Cyclone Marcia hit Rockhampton, Brendon Reck’s pharmacy was inundated with water along with the medical centre who shared his property. At a time when medical assistance was of the utmost importance to the local […]

Businesses counting cyclone costs

by Cecilia Harris | Broker Buzz 18 Mar 2015 Claims from Cyclone Marcia’s recent battering of Central Queensland have soared after business owners started counting the cost of the damage, with about 30,000 claims lodged so far. Insurance Council of Australia (ICA) CEO Rob Whelan says that the continuing rise in commercial claims over the […]

Queensland cyclone victims lodge more than 5000 claims

SOURCE: insuranceNEWS.com.au Cyclone Marcia in Queensland has so far prompted more than 5000 claims from car and property-owners, according to the Insurance Council of Australia (ICA) today. By 1pm, ICA had estimated reserved losses at $33 million. The Category 5 storm mainly hit the coastal towns of Yeppoon and Rockhampton on Friday, causing floods and cutting […]

Higher Excess can mean Lower Premiums. Not always a good move

Most insurers will allow you to increase your excess to reduce your premium. Why? Because when you increase your excess it shifts some risk from the insurer back to you. It represents a saving for insurers, as they no longer have to pay out numerous small claims. Often people see a higher excess as one […]

MP Michelle Landry’s Speech to Raise Awareness for Prostate Cancer

Ms LANDRY (Capricornia) (09:51):  Today I urge all men in Australia to give their walnut-sized prostate a name and take him to the doctor for a health check. This is a novel concept that I launched in my electorate of Capricornia. The aim is to raise the profile of prostate cancer, which kills more men […]

Corporate Travel Insurance

A BETTER WAY TO GO  Attention business owners! Did you know that as a director of a registered business entity, a corporate travel policy is valid for both your business and your leisure travel? The cover can also include additional business executives and other employees on the move. While many entry-level travel insurance policies contain various […]

Aliens, Meerkats or Brokers?

WHEN BUYING INSURANCE, WHICH WAY TO GO? Whilst it’s true to say that the TV ads of the Direct Insurance Marketers are very ‘catchy’ and ‘humorous’, prospective buyers of these classes of insurance from these vendors should be aware that the product being promoted is actually ‘protection’: protection of the livelihoods, incomes and assets of […]