Steel Pacific Insurance Brokers
The Steel family established Pacific Insurance Brokers in 1982, opening offices in both the Solomon Islands and Vanuatu.
A small but increasing number of Australian farmers are insuring their crops against drought, and with concern growing about a predicted El Nino and the uncertainties of climate change, many believe this could be the way of the future. When the winter rains failed to come last year, Victorian farmer … [Read more...] about Multi-peril crop insurance: Can insurance against drought help farmers prepare for climate change?
A leading US data protection lawyer has warned Australian businesses that they need to have clear action plans in place to avoid expensive embarrassment, following the introduction of mandatory data breach notification laws in Australia by the end of the year.David Navetta, the US co-chair of … [Read more...] about Litigation, PR disasters and higher insurance costs expected from new data breach laws
Australians are leading the global crusade against bad driving with the help of Roadshamer.com, a website that allows users to upload video and photos of illegal and bad road behaviour.Over 80 uploads from Australia have been received by Roadshamer over the past week- more than any other country, … [Read more...] about Driverless technology set to reduce bad driving and high car insurance premiums
Drones have changed the way we see the world. And with their increased accessibility and affordability, they are capable of changing the way in which insurance assesses risk, processes claims, optimises manpower and reduces fraud.Although drones, or unmanned aircraft, have been used for military … [Read more...] about Drones: four ways insurance might benefit
Those heading overseas during the upcoming school holidays could be buying travel insurance they do not need.Many credit cards come with travel insurance, often not just covering the card-holder but also the spouse and up to two children, provided they are still students.Online comparator Mozo … [Read more...] about Credit card travel insurance under the spotlight
The Federal Government has quietly deferred a controversial plan to encourage greater use of unauthorised foreign insurers. Brokers had raised serious concerns about an Abbott Government initiative to attempt to lower insurance premiums in disaster-prone North Queensland by fostering greater UFI … [Read more...] about UFI changes postponed
As a result of the Lindt café hostage siege in Sydney that ended in tragic circumstances, the Federal Government has now determined the actions of the gunman was a terrorist act.This declaration was a key point for the insurance industry as the Terrorism Insurance Scheme that was created following … [Read more...] about The cost of Terrorism
The Brisbane hailstorm event of late November 2014 led to more than 102,300 claims worth $1.08billion. The storm caused extensive damage to homes, businesses and vehicles as it ripped through the city at rush hour.The event may have slipped from front-of-mind position for many of us but there is a … [Read more...] about Disaster recovery. There’s no quick fix