News

Despite the quickly evolving situation with COVID-19 Coronavirus, we wish to reassure you Steel Pacific Insurance Brokers remains fully resourced to service yours needs as we enact seamless changes to our operational approach to ensure the safety and well-being of our Team and our clients. Our … [Read more...] about Coronavirus Update

Insurance is a form of risk management, delivered in the form of an insurance contract.The purpose of that contract is to hedge against the risk of uncertain future events, such as catastrophic weather or accidents. Underinsurance is when you do not have insurance that covers all of your risks, … [Read more...] about What is Underinsurance?

While Australia has been relatively protected from the spread of Coronavirus (COVID 2019) many businesses have been disrupted due to travel, import and or export restrictions. The purpose of this article is to explain and warn that general insurance is unlikely to provide the protection that it … [Read more...] about Coronavirus & Business Interruption Insurance

While Australia has been relatively protected from the spread of Coronavirus (COVID-19) many travellers have been disrupted due to travel restrictions, while others are reluctant to travel due to the increase risk that the disease poses. The purpose of this article is to look at the cover available … [Read more...] about Coronavirus & Travel Insurance

If you have adopted annualised salaries in your business…watch out. There have been numerous high profile wage underpayment scandals reported in the media recently…so you need to make sure you don’t make the 6 o’clock news too. New obligations will take effect from March 1, 2020 and are likely to … [Read more...] about Annualised Salaries – pros and cons

Some insurers have already started to pay claims to bushfire-affected businesses on the NSW South Coast, as their business interruption insurance policy provides for weekly payments.Having this support has been important for affected firms to stay in business. It allows them to maintain their … [Read more...] about Bushfires and business interruption

*** UPDATE*** 18th March 2020.Unfortunately, due to the Covid-19 pandemic, the trek organisers Wesley Mission Queensland, have postponed the event to May 22 next year. Like all businesses and events around the world at the moment, we are committed to protecting the health and wellbeing of our … [Read more...] about Steel Pacific is participating in ‘Do a Trek to Connect’ to support suicide prevention

Product liability cover can vary, with claims depending on the individual business and the product it sells. Regardless, Product liability will ensure you are protected from the inevitable mishap.Product liability can provide protection for property damage or personal injury claims arising out … [Read more...] about Why small businesses need product liability insurance