Steel Pacific Insurance Brokers
The Steel family established Pacific Insurance Brokers in 1982, opening offices in both the Solomon Islands and Vanuatu.
Mistakes can happen. If your business is found liable for negligence, the costs can be financially devastating. Not only could you be subject to an expensive lawsuit, but your business’s hard-earned reputation may be damaged as a result.Professional Indemnity insurance is mandatory in some … [Read more...] about Why do I need Professional Indemnity insurance?
Changes have been made to the Fair Work Act 2009 which may impact how you employ and manage casual Employees and you have until 27 September 2021 to put new processes in place.The key changes have been summarised into the following areas: Changes to the definition of ‘Casual Employee’ … [Read more...] about The Future of Casual Employment
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 and Crime that provide Indemnity for some of the exposures the reputational damage, together with the … [Read more...] about Internal Auditing
Conflicts arising from the workplace have become increasingly common, in particular with current market conditions affected by the global pandemic. SMEs are subject to legal action which can be financially devastating for both the business and its executives. The need for Management Liability … [Read more...] about Why is Management Liability insurance important for your business?
You lodge a claim with your Insurer, you receive your payment, that is the end of it right? Sometimes yes. However occasionally, that is just the beginning. That is because your policy of insurance most likely gives your Insurer a right of Subrogation.So, what exactly is Subrogation and what … [Read more...] about What Does Subrogation Mean for You?
In September 2020, Deloitte Access Economics released a report outlining the value provided by insurance Brokers. The report highlighted that those Brokers supporting Clients throughout the claims process can lead to better outcomes for Clients.This conclusion was expected for insurance … [Read more...] about The Role of Your Broker During the Claims Process
COVID-19 has brought us a whirlwind of emotions and numerous groundbreaking changes. While we now show an increased appreciation for our loved ones, we’ve also become particularly more vulnerable in multiple ways.As an Insurance Broker, my concerns during these trying times (besides my family’s … [Read more...] about Cyber attacks, another aftermath brought to us by COVID-19
Social media is everywhere. It’s unavoidable, it’s powerful, and it’s here to stay.That being said, social media does come with a set of risks. According to the latest EY Global Information Security Survey, 59% of organisations had a “material or significant incident” in the past 12 months. In … [Read more...] about Social media risks for your business