NSW & QLD Flood Catastrophe – Insurance & Claims Information for Strata Properties

NSW & QLD Flood Catastrophe – Insurance & Claims Information for Strata Properties

With the recent heavy rainfall and terrible weather conditions across NSW and QLD, we have received a significant number of new claims for water damage, with lodgements expected to increase further. Our thoughts are with those whose homes and valued possessions have been affected. To guide you in navigating this situation and the insurance claims…

Insurance Claims: What steps should you take in a property emergency?

Insurance Claims: What steps should you take in a property emergency?

The recent flooding in NSW and QLD, plus a late season cyclone in WA, are stark reminders that wild weather events are occurring with greater frequency and increasing severity. In light of this, it is important to know what to do in a property claims emergency for both your business and your home. Having a…

Potential Public Liability Claim? 4 Steps to follow if your business receives a Letter of Demand.

Potential Public Liability Claim? 4 Steps to follow if your business receives a Letter of Demand.

If a third party believes you or your business is responsible for personal injury or damage, and they decide to seek compensation, your company will likely receive a Letter of Demand (LOD). No matter how far-fetched a claim may appear, whether you believe it happened or not, it is not something to ignore. Renee Cassidy…

Insurance Claims Update: The impact of stage 4 Coronavirus restrictions on property claims

Insurance Claims Update: The impact of stage 4 Coronavirus restrictions on property claims

With Stage 4 Coronavirus restrictions having been imposed in the Melbourne metropolitan area for several weeks, there has been an impact to the way businesses are legally allowed to operate for the duration of this period. Unfortunately these restrictions have had an unprecedented impact on the progression of insurance claims, whereby builders and other repair…

Catastrophes, Coronavirus, and its’ effect on Insurance Claims… “It’s not business as usual”

Catastrophes, Coronavirus, and its’ effect on Insurance Claims… “It’s not business as usual”

Australia has experienced a challenging and turbulent start to 2020, with various natural disaster ‘catastrophes’ and the COVID-19 pandemic threatening the health, safety and livelihoods of our people. From bushfires to storm damage, many homes, cars and businesses have experienced serious damage as a result of recent events. In turn, this has seen a major…

COVID-19: Sanitising property following exposure

COVID-19: Sanitising property following exposure

The fast pace at which COVID-19 is spreading has been alarming to say the least. Unfortunately there is a likelihood at some point, that your business premises or strata property may be affected with a positive Coronavirus diagnosis. In these circumstances a thorough deep clean and sanitisation of the property will be essential. To aid…

Claims Insurance Market Update

Claims Insurance Market Update

The last six months have seen an unprecedented number of insurance ‘catastrophes’ declared in Australia. Many homes, cars and businesses experienced serious damage, resulting in a major spike in insurance claims across the nation. Unprecedented catastrophes in Australia Insurance events declared catastrophes over the last 6 months are as follows: East Coast Storms & flooding…