The French Government will be footing the bill for rebuilding Notre-Dame de Paris as the cathedral is state-owned and has no private insurance cover against fire and other catastrophes. But Axa, the country’s biggest insurer, is possibly facing huge claims as it provided insurance for some historical items that were housed in the Paris cathedral. […]
Small business owners tend to be born optimists with little inclination to think about what could go wrong. That’s why it pays to have an insurance broker in your corner to safeguard what you’ve worked for. Paul Harrison’s family-owned shoe shop in Sydney’s Neutral Bay has operated out of various locations for more than half a […]
It can take just moments for fire, flood or thieves to wipe out years of hard work, asset accumulation and stock. But it can be months before you realise the full extent of the damage – and even longer to recover – if you don’t have a detailed and up-to-date inventory list encompassing business asset […]
IAL covers the majority of our client’s homes, and recently, their head of claims, Stuart took a trip up to Townsville. To visit some of the flood victims, and to see the damage first hand. This is what he had to say: There really aren’t words to describe what it is like to see streets […]
The Insurance Council of Australia (ICA) has declared a Catastrophe for Townsville insurance policyholders affected by torrential rain and inundation. ICA CEO Rob Whelan said, “The Queensland Government and emergency services have informed the Insurance Council that dozens of homes and businesses may have been affected by the downpour and resulting inundation of the past […]
Happy New Year! We hope everyone had a safe and happy holiday break. Hopefully, no one experienced events like those in these short clips.
Sydney’s violent hailstorm, which has left millions of dollars of damage in its wake, is a crucial reminder of how important it is to protect yourself against potentially crippling damage to your business. The incident, declared a ‘catastrophe’ by the Insurance Council of Australia, led to more than 15,000 claims in the 18 hours after […]
Our trainee broker Mikaylah turned 19 today, the cake was her favourite, choc mint. Being taken out tonight by the family for a big dinner.
Extreme weather conditions are increasing around the world, and Australia is no exception. Experts predict this summer will, again, be one of the hottest on record, with severe bushfires, storms and floods all set to increase. In the absence of the vast resources of larger organisations, there is an urgent need for small businesses to […]
More expensive premiums, higher excesses and narrower coverage are set to become an insurance reality for many Australian businesses. Here’s how SMB’s can prepare for a hardening market. Australian businesses have benefited from a soft insurance market for some years now, but it’s time to prepare for a change. We spoke with Steadfast Broker Technical […]
