Short of inventing a time machine, it's hard to reverse a bad history of insurance claims. Fortunately, there are steps you can take to improve your risk profile and avoid being slugged with expensive premiums or higher excesses and onerous policy conditions. Identify the problem Not … [Read more...] about How to fix your risk profile
You’d expect your insurance premiums would stay the same, if not decrease if you’ve continually improved your risk management over a long period in business and made no claims. Despite that apparent logic, insurance premiums across the board keep rising. This article explains how insurers work out … [Read more...] about Why do my insurance premiums keep rising?
You've got your business strategy sorted, plenty of marketing ideas and your revenue prediction for the next year looks promising. Running a business is exciting - so exciting that it's easy to forget some of the more mundane but critical aspects like regulatory and legal obligations. Here, … [Read more...] about Do you know your key legal and regulatory obligations?
Purchasing insurance directly or through a broker/advisor? Here are the differences you need to know
Half of the $19 billion Australians spend on general insurance each year is purchased through insurance brokers/advisors - the rest is bought directly from insurance companies. Curious about that even split? This article explains the differences between buying your policies through a … [Read more...] about Purchasing insurance directly or through a broker/advisor? Here are the differences you need to know