Insight

From geotechnical to structural engineering, the scope of a Civil Engineers’ work can vary widely depending their area of specialisation. What Civil Engineers do have in common however, is that their work involves the design and construction of structures typically used by the general public. While incredibly valuable to society, the nature of this design…

You’ve purchased Professional Indemnity insurance as part of your business risk management strategy. You’re secure with the limit of cover you have chosen. But are you aware of these five common rules that often throw Professional Indemnity claims off course? Professional Indemnity Insurance is essential in today’s business environment and forms an important part of…

With the Strata construction industry constantly evolving, and the introduction of new and complex legislation, the role of an insurance broker is more important than ever. In order to accurately underwrite a Strata Insurance policy, insurers are requiring a lot more information when placing new business or renewing Strata Insurance policies. Whitbread are Strata Insurance…

To ensure your strata building has adequate insurance protection, your Strata Manager engages a specialist insurance broker to obtain the most suitable Strata Insurance policy. When it comes to protecting the interior of a unit however, the onus falls on both unit owners and tenants. As an owner-occupier, landlord or tenant, are you aware of…

Worldwide, the use of combustible cladding has resulted in several highly publicised building fires, most notably the Grenfell Tower in London which resulted in 71 fatalities. In addition to this, non-fatal incidents in both Melbourne and Dubai also gained much notoriety in the media. After an Australian Federal Senate Inquiry and multiple investigations, we have…

When it comes to payment, business insurance premiums can be an inconveniently large lump sum investment. Find out how premium funding can evenly distribute this expense to free up your company finances, enabling you to put them to more immediate expenses that directly impact the growth of your business.   This article is not intended…

22 February, 2018 saw the Australian Government enact the Notifiable Data Breaches (NDB) scheme, requiring any organisation affected by a serious data breach to notify all individuals whose information may have been compromised. Non-compliance may result in heavy fines and penalties being imposed on both businesses and individual directors. This article covers the full impact…

As the principal of a Strata Management business, you likely spend most days ensuring the needs of your strata clients are met. But when was the last time you stopped for a second to reconsider the needs of your own business, and any emerging risk exposures that could pose a serious threat to your operations?…

Product recalls are often in the news with cases of Hepatitis A allegedly linked to the consumption of frozen berries, and blackmailers threatening to poison NZ milk. The milk poisoning threat saw the NZ dollar fall by more than 1 percent, forcing the NZ stock exchange to suspend all trading on dairy options and companies….

Many strata rental property owners have expectations that Strata Insurance will insure them for events occurring inside their apartment – this is not the case! If you own and lease a property, it is essential to take out Landlord Insurance to cover your fixtures and fittings, rent default and public liability for inside your apartment….