The franchise segment is a thriving component of the Australian small business sector, employing well over 700,000 people, and contributing $128 billion to our economy.
While franchise business models are highly successful and innovative, each one is unique in its own right, and requires a specialised approach when it comes to an insurance solution.
There are numerous benefits related to being part of a franchise system for both franchisees and the franchisor, however there are still risks associated with owning and operating a franchise.
We have over 35 years’ experience managing the insurance and risk programs on behalf of many prominent Australian franchises. Whitbread strive to protect your assets, liabilities and your key people.
Our specialist insights and expertise in this space will ensure that you are best equipped to handle any unexpected events which may affect the continued success of your franchise business.
We develop insurance solutions for both the franchisee and the franchisor.
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 process, we have provided some important information below.
With the online insurance market a popular way of obtaining cover, the role of an Insurance Broker may appear less relevant than in previous years. However when it comes to Strata Insurance, it is quite the opposite.
Complex legislation and the intricate, highly involved nature of managing Strata Insurance and strata claims, has meant the role of an insurance broker is more valuable than ever for strata managers.