New South Wales Storms and Floods: Insurance Coverage

Residence in NSW have been effected by record rainfall in late March 2021. This has subsequently led to waterways rising causing inundation, prevention of access and damage to assets. Insurers have classified the weekend’s rain event as a Catastrophe which will...

Drones And Insurance Within Australian Industries

There’s no doubt we’ve entered a critical period in the development of drone use in Australia. As commercial drone usage is forecast to double, it’s important that risk mitigation efforts keep pace. Drone or commonly refer to other terms such as ‘Remotely Piloted...

NSW Stamp Duty Small Business Insurance Exemption

In the 2017/18 NSW State Budget, the NSW Government announced that from 1 January 2018 there would be an exemption of Stamp Duty to certain insurance products for Small Business. A small business is an entity which is an individual, partnership, company or trust (as...

Why you should consider Business Interruption Insurance

It's a sad fact that many small businesses fail after an unexpected event because of inadequate insurance. Research has shown that 70% (Insurance Council of Australia) of uninsured or under-insured businesses that incur a major insurable loss fail within the...

 

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