How to minimise being underinsured

Many Australians, especially those who own businesses, discover they don’t have the cover they need in the worst possible circumstances. Insurance is one of those subjects that many people glaze over. So, just to test how knowledgeable you are about this important but unsexy topic, see how many of the following you can answer. Questions What type of insurance can provide cover if a natural disaster results in my business having to shut down for a period of time? What type of insurance can

Company Insurance

Do I Insure My Company or Myself?

Do I Insure My Company or Myself? When you’re insuring your business, whether its public liability insurance, professional indemnity insurance or a business pack insurance policies, should you insure it in the business name or your own name? Especially when that business is the trustee for your family trust. According to Steve Sloan, a broker with Insure 247 “the general rule would be to insure the entity that invoices the client, in most cases the insurer will be more interested in

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Protecsure Equipment Insurance New Additional Benefits

Equipment insurer Protecsure has added new Additional Benefits for it Equipment Insurance. As technology continues enables businesses to become more mobile, they have recognised that it’s important to provide insurance solutions that are forward thinking and help keep business on the move. What is Equipment Insurance The equipment they cover under the policy includes: Tools of Trade Light Machinery Survey Equipment Mobile Electronic Mobile Medical Photographic Diagnostic and Measuring Musical Instruments Sports Equipment What are the New Additional Benefits   With effect from 5th February 2016, Protecsure will be enhancing their Equipment wording to automatically include the following additional

TAL Purchases National Financial Solutions Group

Insurance Comparison Site Sold Life insurer Dai-ichi Life Insurance Company has announced that TAL Group (TAL Dai-ichi Life Australia Pty Limited, directly owned by the Company, and its subsidiaries) has agreed to purchase NFS Group (National Financial Solutions Pty Ltd and its subsidiaries), an online life insurance comparison business. The purchase price was disclosed, TAL had a 10% share of NFS group, who’s sites include Melbourne based

Time to pepare for bushfire season

Today is the official start of the Australian bushfire season, insurers are urging you to prepare not just you personal plans but also you business plans. Know Risk has produced and article “what to do during and after a bushfire“, the article contains tips for when the fire is approaching, once it arrives and after it has passed. They also have tips in “Before

Zurich has been named as Australia’s top insurer

Zurich has been named as Australia’s top insurer in Insurance Business’s inaugural Brokers on Insurers survey. The Insurers was ranked first in 8 of 11 categories. CGU, Chubb, Allianz, Vero and QBE also featured in the top spots     Arrange an Insurance Quote Here Please note Quotesonline Insurance News is an information service provided by third parties Insure 247 Australia doesn’t warrants

Your Postcode Can Influence Your Business Insurance

When offering business insurance quotes Australian insurers will take into account a number of factors, turnover, staff and industry. But not many Australian business owners know that the postcode  is also considered, some postcodes are high theft areas, others are flood zones and even may just be high claim postcodes. Before choosing your next business location get a business insurance quote to see how the new postcode stacks up.  

Zurich Australia Name Daniel Fogarty as CEO General Insurance Business in Australia

Zurich Australia has appointed Daniel Fogarty as CEO General Insurance Business in Australia, he previously held the position of Executive General Manager for the Corporate business. Fogarty joined Zurich in 2009 to manage the SME & Packages business, and was promoted to Chief Operating Officer (COO) in April 2010. Prior to joining Zurich, he spent more than five years at Suncorp, where he held several Executive General Manager positions in general insurance. Before

New version of LMI RiskCoach released

LMI has announced that over 6000 users subscribe to LMI RiskCoach which was launched in 2009. While the site has had several small reviews with new industries being added daily, a new Version 2.0 has now been released. Some of the changes made in this version are: Complete user interface re-design – a fresh, crisper look. The markets page and data has been overhauled to provide easier to use information. New feature – the vault! Allows for your files to be linked to an

Ansvar’s CEO looks positively to the future

Ansvar Insurance’s CEO Andrew Moon marked his first anniversary with the company recently at the same time as the insurer celebrated its 50 years in the industry. An Ansvar spokesperson said, “Coming into a company which has had only three previous CEOs, all of whom have been appointed from within, means that Mr Moon is excited about the opportunity to revitalise Ansvar Insurance and prepare it for the next 50 years.” “The

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