How many times has your broker recommended Cyber Insurance and you’ve declined? How much is your online data worth to you? Cyber Insurance is rapidly becoming an essential business cover. With most transactions, communications and accounting systems now managed via online channels, the impact of a cyber-attack on your business has moved from “low impact, […]
The Transport and Logistics sector in Australia has an estimated annual revenue of $102.87 billion, with an operating profit of $10.14 billion in 2018. The sector employs more than half a million people across its major sub-sectors: Road Transport, Logistics, Warehousing and Stevedoring. Road Freight Transport is already the largest employing sub-sector in the Transport […]
The integration of technology into the insurance sector has multiple benefits for the consumer including; • The rise of new product-specific policies with clear and easy wording • Reducing risk of underinsurance • Reducing the burden on customers to supply copious information about their insurable assets • Fast online quoting and transactions • Fast […]
What’s in a name? In the case of insurance, it could be the difference between nothing and everything! An insurance policy is a legal document and contract that means every word matters in a court of law, especially the insured’s name and details! According to Berkley Insurance Australia,”If the Insured name is incorrect or not […]
In any organization, conflict is inevitable and should never be ignored. However, before taking any steps to resolve it, it’s essential to know its causes and effects first. What are the major causes of workplace conflict? Here are the things that trigger conflict among employees: Poor communication Cultural and values conflict Generational differences An overly […]
Our business and insurance landscape has changed dramatically over the past 12 months, making way for some significant new trends and opportunities. Efforts to contain COVID-19 and minimise the death toll resulted in unprecedented restrictions on movement and trade throughout 2020 and forced many businesses to pivot. And while the roll-out of a vaccine is […]
Australian Financial Complaints Authority is a not-for-profit independent body working with consumers, small businesses and industry to resolve and reduce financial disputes. All Australian businesses with financial services licenses, including insurance brokers, are required to be a member of the Australian Financial Complaints Authority (AFCA) under their licence conditions. AFCA handles consumer complaints for; Banking […]
In 2020, there was a marked increase in cybercrime due to the increase in remote working, with a global estimate for cybercrime costs expected to exceed $1trillion this year*. Industry estimates suggest that cybersecurity incidents cost Australian businesses alone up to $29 billion each year* and businesses are facing increasingly sophisticated and capable cybercriminals who […]
The Allsafe Offices will be closed for a short holiday from Thursday 24th December at 1pm and will reopen on Monday 4th January. Our staff will be enjoying a well-earned break but we will still be on call for our clients. If you have an emergency insurance claim, please call 1300 908 404 or email info@allsafe.com.au. We […]
Celebrating the end of year and the Christmas holidays is an annual tradition for most businesses and a chance to reward employees for their hard work. But this year, most businesses are having to downsize their Christmas party or take it online. There is also an added stress of managing functions within COVID- safe guidelines. […]
