Author: Whitbread Insurance Brokers

It is a simple fact that most homeowners may not have enough savings to rebuild a badly damaged or destroyed home, or, to pay off the mortgage still owing even though the home may no longer exist.  Even though most homeowners do have Home Insurance, a worrying proportion of people do not insure for the…

All the data points to a hotter than-average summer, which means Aussie businesses should prepare for extreme weather during the warmer months. Here are some steps you can take to help prepare your small business, in case droughts and floods affect your area. The Australian Actuaries Climate Index (AACI) indicate conditions are ripe for a…

Business insurance can look complicated but once you understand the basics, you’ll find it much easier to talk to your broker about your needs. Here are five things it can help for you to know. Your cover should be tailored for you Business insurance can help protect a number of things including your company assets,…

The sale of Electric Vehicle (EV) models in Australia is growing to meet the changing demands of buyers. The year-on-year growth of EVs and Australia’s transition to sustainable energy is spurred on by rising petrol costs, the phasing out of traditional combustion engines by manufacturers, government rebates/incentives, emission targets and increased focus on EV infrastructure….

Australia is home to more than 30,000 restaurants, 28,000 cafes and coffee shops and 9,000 pubs, bars and nightclubs. If yours is one of them, you’re likely to be already familiar with some of the challenges that are part and parcel of running a hospitality business. It also pays to be prepared if you plan…

If you’re a small business owner, a good team is possibly your biggest asset, but it can be tricky to stay abreast of the rules around employing staff. These rules changed again recently, following the passing of the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022. So, what’s new, and how could it…

The 2023/2024 Australian federal budget is a reflection of a number of risks in the economicclimate. These include persistently high inflation, the continuation of higher interest rates and stress in the global financial sector. The good news is unemployment is expected to remain low at 4.25% in the coming financial year. Additionally, a small surplus…

Across Australia, businesses of all shapes and sizes are turning to information communicationtechnology to automate repetitive tasks, reduce overheads and increase sales and profits. So is the insurance sector. Eighty percent of local insurers are using Insurtech – tools and technologies designed to make the insurance industry more efficient – according to the results of…

The rising inflation we’re experiencing now is affecting insurance in a number of ways. Materials commonly used to replace damaged properties, such as building items and even labour, are in short supply, driving up replacement costs. In these times, it’s important for small businesses to make sure the sum insured for their assets reflects their…