COMBINED BUSINESS INSURANCE
It often makes sense to combine and package your essential business insurances in one umbrella policy. This will simplify the management of your insurance while covering your key risks. Protecting physical assets such as buildings, contents and fit out, while covering Public & Products Liability, plant breakdown and also equipment used outside your premises.
Modern business continues to evolve in an increasingly litigious society. Many organisations that previously managed without PI insurance now need it. This specialised insurance is no longer only for engineers, accountants, doctors, lawyers, architects and brokers and can be arranged for those operating in technology, finance and many other sectors.
Different styles of organisations have very different property insurance needs. We help you find the right policies to suit either a single premise or multi premise set ups. Apart from protecting the actual building, they may also cover the business implications of damage to, or destruction of, a building you operate within. Providing the protection you need to stay up and running should the worst happen.
DIRECTORS & OFFICERS / MANAGEMENT LIABILITY INSURANCE
This packaged insurance focuses on the risks and exposures arising from the management of an organisation. Available covers include Directors and Officers Liability, Employment Practice Liability and Statutory Liability. By packaging these into one policy, your directors can protect themselves from issues that may not be covered by your general business and public liability insurance.
MOTOR INSURANCE / COMMERCIAL / HEAVY MOTOR INSURANCE
One of the more common types of business cover, motor/vehicle insurance protects your business fleet against costs arising from theft and accidents. Your policy can be tailored to include a range of commercial vehicles from cars and motorbikes to vans, trucks and even buses and heavy motor vehicles. Related cover can extend to include Downtime and Business Interruption, dry and wet hire as well as equipment you hire in.
MARINE & HULL INSURANCE / P&I (COMMERCIAL)
These insurances provide point-to-point coverage for goods and materials sent between your premises and those of your customers. It can include warehouse operators and freight forwarders as well as actual shipping companies. It may provide indemnity and liability cover when moving cargo shipped on water plus land or air transit to and from the port. It may also cover vessels you use in the conduct of your business and can extend into environmental risk, war risk and other hard to place risk.
WORKERS COMPENSATION INSURANCE
Managing workers compensation insurance is more than a matter of meeting statutory obligations to your work force. Claims are often a highly emotional event for employers as well as employees. So we assist in the management of claims as well as helping put the right insurance in place.
BUSINESS INTERRUPTION INSURANCE
An important and increasingly common business insurance, this offers financial protection when your company is unable to operate due to circumstances beyond your control. Such as if crucial assets are damaged or destroyed in a fire, flood, storm or earthquake.
INDUSTRIAL SPECIAL RISK INSURANCE
ISR typically insures your physical assets, including buildings, stock, plant and machinery under the one policy. It offers protection against property damage and ensuing business interruption (consequential loss) and suits medium and larger sized companies with a significant asset base operating over multiple locations with an insurable value of between $5million to $10million.
PLANT & EQUIPMENT INSURANCE
The risks associated with mobile plant and equipment are numerous. From small earthmoving machines and compressors to a fixed or mobile crane, this product mitigates them. It may insure both the liabilities associated with the use of plant and equipment you own or hire, as well as damage or theft.
Cyber incidents are now a big risk for many styles of businesses and organisations. This cover can provide some financial protection against their impact. It may cover the cost of restoring your own data or a third party’s – such as damage to data held for clients. Plus business interruption and privacy breach notification costs.
CONTRACT WORKS INSURANCE
From peg out to completion, Contract Works Insurance covers the special needs of contracted construction work. This insurance should be in place before works begin as issues often arise during excavation and preparation of the site. It provides cover for fire, malicious damage or loss of building materials. It may also cover delays and damage caused by the work itself.
PUBLIC & PRODUCTS LIABILITY INSURANCE
Public and Products Liability provides cover for third party property damage and bodily injury claims made against your organisation. It includes legal defence costs – even when you’re faced with a baseless claim. As liability litigation increase across Australia this is an essential insurance whatever sectors you operate in.
EMPLOYMENT PRACTICES LIABILITY INSURANCE
Employment law and obligations to your workforce and contractors have become increasingly complex. This insurance covers your business against the potential costs of failing to meet specified practices or issues arising from your HR management. This may include some of the legal costs of defending unfair dismissal cases or workplace harassment suits.
PERSONAL & GROUP PERSONAL ACCIDENT INSURANCE
This can be arranged for all your employees, specific groups of employees or key personnel senior individual. It mitigates your liabilities to your staff in the case of a work-related accident. It may also be packaged as part of their employment incentives as it is a valuable benefit, often providing payments to individuals facing long term disability or lengthy spells off work recuperating.
LEGAL EXPENSE INSURANCE
Supplementary to you core risk and liability insurances, this will boost your ability to pursue or defend your company’s legal rights. Protecting you from heightened compliance and regulatory risk in a world where consumers and statutory bodies litigate more often. Legal Expense Insurance may also cover unexpected costs relating to contractual or license obligations.
CORPORATE TRAVEL INSURANCE
Arranging travel insurance cover for individuals or individual trips is both time consuming and expensive. It may also leave your business exposed to unexpected risk and cost. That’s why we suggest our clients arrange a tailored corporate travel insurance policy to cover all its employee’s business travel.
VOLUNTARY WORKERS INSURANCE
This covers volunteers who are performing unpaid work on behalf of your business or its related activities. It’s important as they may not be covered by insurances that apply only to paid employees. Essential for charities, associations, clubs, community centres and churches who want to protect both the people who volunteer and cover their own liabilities and obligations.
If your business owns or runs strata property, Strata Insurance is both essential and possibly compulsory. We can advise on the appropriate level of Strata Insurance so you have liability cover for customers, employees or visitors injured on common property. It typically covers lifts, pools, car parks, stairwells, gardens, wiring, balconies, walls, windows, ceilings and floors.
HARD TO PLACE RISKS
As the name suggests some businesses operate in ways that can be hard to insure. We specialise in finding a way to place your risk whatever it may be. From Crop Insurance for an agricultural business to covering a specialised industrial processes, we make hard to place risks easier to manage.