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 […]
This author has yet to write their bio.Meanwhile lets just say that we are proud admin contributed a whooping 44 entries.
Entries by admin
Peter Peirano was part a four-man panel presentation at Charter Hall, Allenstown Square in Yeppoon last month, following the impact of Cyclone Marcia. The Australian Institute of Company Directors panel included the Mayor of Yeppoon, Bill Ludwig, Mercy Health, Ian Mill and Blake Repine.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
PITFALLS FOR AUSTRALIAN SUPPLIERS Australian Consumer Law (ACL) provides a national framework for consumer protection in the supply of goods and services. Under the ACL, the definition of a “manufacturer” of goods is broader than just the enterprise that makes the goods – it is defined as including a person (includes a company or partnership) who: […]