Given the steep rise in employee fraud and embezzlement, the importance of Internal Business Auditing has never been more vital. Whilst there are insurance policies, such as Management Liability & Crime, that provide Indemnity for some of the exposures; the reputational damage, together with the … [Read more...] about The importance of Internal Auditing
A Centuries Old Crime, Digitally Enhanced
Scams aimed at manipulating individuals for fraudulent purposes have been occurring for centuries, but this deception has now well and truly moved into the digital world. Social engineering, in the context of information security, refers to psychological manipulation of people into performing … [Read more...] about A Centuries Old Crime, Digitally Enhanced
The insurance implications of working from home
Australians are increasingly working from home, with the most recent data from the Australian Bureau of Statistics indicating at least a third of us choose to work from home at least part of the time.A study by future trends research house McCrindle shows there are lots of different reasons why … [Read more...] about The insurance implications of working from home
Underpaying employees… what’s going wrong?
We’ve all heard of the $7.8M underpayment scandal which recently engulfed celebrity chef George Colombaris, but is this just a symptom of the sheer complexity of workplace laws in Australia? After all, big organisations with dedicated HR departments are getting it wrong, so what chance does SMEs … [Read more...] about Underpaying employees… what’s going wrong?
Telematics continues to evolve in insurance
Telematics technology has proven benefits when it comes to encouraging more responsible driving, with research indicating better driver behaviour is one of the main advantages in using this innovation.Black box or telematics technology is a way for businesses to collect data on how their … [Read more...] about Telematics continues to evolve in insurance
Queensland Smoke Alarm Laws and you
Whether you are a home owner, a renter, a landlord or a renovator/builder, the smoke alarm legislation introduced by Queensland Fire and Emergency Services from 1 January 2017 will affect you!As a landlord….Existing smoke alarms manufactured more than 10 years ago must be replaced with … [Read more...] about Queensland Smoke Alarm Laws and you
All you need to know about Premium Funding
What is Premium Funding Almost all of the major insurance companies offer their retail clients monthly payment options. Whether it’s your car or your home, or even your life insurance, paying by the month is easy. But when it comes to business and commercial insurance, you will find that most … [Read more...] about All you need to know about Premium Funding
Insurance issues arising in the gig economy
What is the gig economy? ‘Gig’ is a slang term referring to a ‘job for a specified period of time’ and harks back to when musicians were engaged for a performance or a ‘gig’. The gig economy refers to the growing trend towards freelance or contract workers, as well as the share economy of resources … [Read more...] about Insurance issues arising in the gig economy