Insurance Adviser takes a look at the sharing economy and the opportunities, and challenges, it offers brokers in the public liability space.Current estimates value Australia’s sharing economy – which includes peer-to-peer (P2P) platforms such as Uber, Airbnb, Gumtree and eBay – at $15.1 billion, … [Read more...] about Protecting What Is Shared
Workers in the home – are you covered?
Injuries to household and domestic workers: Are you covered?Queensland Home and Contents insurance policies exclude injuries to Domestic Workers such as domestic cleaners, babysitters, nannies, gardeners and in-home carers, or in situations where a WorkCover Policy of insurance might respond. By … [Read more...] about Workers in the home – are you covered?
NBN…Cause for Alarm?
The rollout of the NBN network involves new technologies and some of your existing devices are unlikely to be compatible with the new system.Transitioning to the NBN can cause your alarm monitoring to stop working and consequently it is vital that you contact your alarm company to consider your … [Read more...] about NBN…Cause for Alarm?
Pool Safety in Queensland
Of Australia’s 280 drowning deaths in the year to June 2016, 45 occurred in backyard swimming pools according to The Royal Life Saving’s National Drowning Report 2016.In the Summer of 2016-2017, news headlines around the country have been dominated by a swag of reports of toddler drownings in … [Read more...] about Pool Safety in Queensland
Cyclone Debbie does more damage – this time to insurance company profits
As residents and businesses clean up from the ravages of Cyclone Debbie, a second round of damage is hitting. Now insurance company shareholders are feeling Debbie's blast.Speaking out as the first of the big insurers covering Queensland and NSW, IAG says it will sustain a $170 million hit to … [Read more...] about Cyclone Debbie does more damage – this time to insurance company profits
Insurance claims climb as Queensland gets drenched in wake of Cyclone Debbie
BUSINESSES are starting to make insurance claims for being knocked out of operation by Cyclone Debbie while homeowners are slowly recording damage.About 3500 claims had rolled in after Cyclone Debbie battered North Queensland, the Insurance Council of Australia said on Thursday afternoon. Flooding … [Read more...] about Insurance claims climb as Queensland gets drenched in wake of Cyclone Debbie
New domestic smoke alarm laws
From January 2017, new fire smoke alarm laws apply to domestic building owners.As of January 2017, any new dwelling or dwellings that are being substantially renovated must comply with the new regulations. This includes:Only photoelectric smoke alarms are to be installed Any … [Read more...] about New domestic smoke alarm laws
Insurance health check
Forget New Year’s Resolutions, at the beginning of 2017, it’s time to have a health check of your business and have a look at five mistakes you might be making with regards to your insurance.1. Not regularly reviewing your insurance policies Don’t leave it to once a year (usually at renewal time) … [Read more...] about Insurance health check