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    Business Insurance Articles

    Reducing Your Risks: Public Liability Coverage Tips for Trade Professionals
    Reducing Your Risks: Public Liability Coverage Tips for Trade Professionals
    For tradesmen and trade professionals, venturing into the world of business comes with its set of challenges and risks. Among the myriad of precautions to consider, one critical safeguard stands out for its ability to protect both the tradesperson and their clients: Public Liability Insurance. This form of coverage is not just a safety net; it is a cornerstone of a responsible business practice within the trade industry. - read more
    Common Myths About Public Liability Insurance Debunked
    Common Myths About Public Liability Insurance Debunked
    Today, we're diving into the world of public liability insurance, a crucial topic for anyone running a small business or working as a self-employed professional in Australia. - read more
    Q&A: Common Questions Australian Business Owners Have About Public Liability Insurance
    Q&A: Common Questions Australian Business Owners Have About Public Liability Insurance
    Public liability insurance is a crucial aspect of managing risk for businesses in Australia. This type of insurance covers costs associated with claims made against a business for property damage or personal injury caused during business operations. - read more
    Public Liability Insurance for Events: What Organizers Need to Consider
    Public Liability Insurance for Events: What Organizers Need to Consider
    Public liability insurance is a type of coverage designed to protect businesses and individuals from the financial fallout associated with claims for injury or damage caused to third parties. It is particularly crucial for event organizers, who are responsible for ensuring the safety and security of attendees, vendors, and participants. - read more
    How Public Liability Insurance Can Save Your Business During a Crisis
    How Public Liability Insurance Can Save Your Business During a Crisis
    Public liability insurance is designed to protect your business from financial loss if you are found liable for causing injury or property damage to a third party. This type of insurance covers legal costs and any compensation claims that might arise from accidents or incidents involving your business operations. - read more

    Insurance News

    Australian Insurers Tackle Premium Affordability Challenges in 2026
    Australian Insurers Tackle Premium Affordability Challenges in 2026
    31 Mar 2026: Paige Estritori
    In 2026, Australian insurers are prioritizing premium affordability and insurability as they confront escalating claims costs, climate-related losses, and technology-enabled fraud. According to Gallagher Bassett's 2026 global claims study, these factors are significantly influencing pricing, underwriting, and capital allocation decisions. - read more
    Medibank's Profit Surge Amidst Rising Health Insurance Premiums
    Medibank's Profit Surge Amidst Rising Health Insurance Premiums
    31 Mar 2026: Paige Estritori
    Medibank Private, one of Australia's leading health insurers, has reported a significant increase in its interim net profit, coinciding with a notable rise in health insurance premiums across the country. This development has sparked discussions about the affordability and value of private health insurance for Australian consumers. - read more
    TAL's 'Pathways': A New Digital Solution for Mental Health Claims
    TAL's 'Pathways': A New Digital Solution for Mental Health Claims
    31 Mar 2026: Paige Estritori
    In a significant move to improve the claims process for mental health-related income protection, Australian life insurer TAL has announced the development of a new digital platform named 'Pathways.' This initiative is a collaborative effort involving the Digital Health Cooperative Research Centre, the University of Sydney, and Workcom, aiming to streamline and enhance the experience for policyholders navigating mental health claims. - read more
    ASIC Takes Legal Action Against Budget Direct Over Discount Misrepresentation
    ASIC Takes Legal Action Against Budget Direct Over Discount Misrepresentation
    31 Mar 2026: Paige Estritori
    The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings against Auto & General, the parent company of Budget Direct, alleging that the insurer misled customers regarding promised discounts, resulting in overcharged premiums over several years. - read more
    Rising Claims and Premium Pressures Challenge Australian Insurers
    Rising Claims and Premium Pressures Challenge Australian Insurers
    31 Mar 2026: Paige Estritori
    The Australian insurance industry is currently navigating a complex landscape marked by escalating claims and mounting premium pressures. Recent data from the Australian Prudential Regulation Authority (APRA) reveals a significant downturn in the sector's profitability, primarily attributed to severe weather events and broader economic challenges. - read more

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    Knowledgebase
    Replacement Cost:
    The amount it would cost to replace or rebuild an insured asset with one of similar kind and quality, without depreciation.