There are lots of resources provided by government bodies and insurers to help businesses prepare for summer bushfire and flood season, and other risks too.  It’s also essential to have the right insurance cover in place so that in the event your business does experience a natural disaster, it can get back on its [...]

Even now, there’s still a healthy line-up of auctions around the country each Saturday. And while mistakes at auction are rare, they do happen and it’s a good idea to have insurance in place for these circumstances. For instance, last year there was an incident related to a property sale considered to be under [...]

There are special considerations when it comes to insuring electric and autonomous vehicles. Autonomous and electric vehicles are still in their infancy in Australia, but it won’t be long before they are a common feature of our roads. The number of electric vehicles (EVs) sold in Australia doubled in early 2021 versus 2020. In the UK, there [...]

Premium funding is a great way to smooth out your business insurance costs over the course of the year. It means rather than having to pay the total amount of the premium upfront, the business can pay it off in instalments, plus interest. The cost of the interest will usually be a tax deduction [...]

Many businesses have experienced frustrating delays in having their goods delivered to customers during the pandemic due to planes being grounded and lockdowns. If your business has been affected by pandemic-induced delivery disruptions, there are steps you can take to help manage supply chain risks and insurance can play a role. Kiri Yanchenko, founder [...]

Australian gross domestic product (GDP) dropped by 0.3 per cent in the March quarter, the first time the nation has experienced an economic contraction in 29 years. It’s likely the economy will also shrink during the June quarter. Although the business environment is difficult, there is plenty of opportunity for individual businesses to take the [...]

Business are ready to drive sales, particularly after a period in where cashflow was slow.  A way to ensure your business goals are met is to document your priorities, objectives and initiatives in a marketing plan. A great way to start your marketing plan is by mapping your customer journey. This is a visual [...]

Research shows businesses that are committed to supporting their staff’s health and wellbeing enjoy many advantages. While providing benefits such as income protection insurance is one aspect of this, firms that take a holistic view of employee wellness give themselves a long-term competitive advantage. This is the first story in a two-part series designed [...]

Safe Work Australia has just released new guidelines on silica dust exposure, with limits cut to 0.05 milligrams per cubic metre within three years. It also has insurance implications, says Michael White, Steadfast’s broker technical manager. Any industries that involve working with stone, cement and other similar materials potentially expose workers to the risk of silicosis. As [...]

Professional indemnity and public liability insurance is a must for medical professionals such as doctors, who are typically covered by specialist group schemes.  But no matter which policies you are covered by, it’s important to understand how your insurance works if you are vaccinating patients against COVID-19. Doctors will typically be covered for administering the COVID-19 [...]