Underinsurance has always been a persistent threat to small and medium enterprises (SMEs), but the rising cost of living and a string of “insurance catastrophes” has exacerbated the issue.
Increased Christmas and summer trading could leave both online and brick-and-mortar retailers at risk for a cyberattack. 89% of Australian shoppers plan to shop both online and in-store, with.
As cyber threats continue to rise globally, SM E insurance brokers have an opportunity to help their real estate clients manage the cost of cyber incidents with robust Cyber.
The healthcare sector is a prime target for cybercriminals. With sensitive information and critical systems at stake, healthcare institutions need to prioritise cybersecurity for the sake of their patients and.
Cyberattacks are rising worldwide, and the real estate industry is in the crosshairs. One example: an attack on a UK service provider in late 2023 left hundreds of agents unable.
For many small businesses, the ‘silly season’ is the busiest time of year. However, increased summer trading may, in turn, increase key exposures, leaving many potentially underinsured. “Underinsurance is a.
Shaneika Sutherland, Broker Operations and Distribution Manager at BizCover for Brokers (B4B), has been named a winner of the 2023 Insurance Business Rising Star Award. Sutherland was selected by a.
As a small business owner, you know that protecting your company’s sensitive data and technology assets is paramount. With cyber threats becoming increasingly sophisticated, relying solely on passwords to safeguard.
You’ve probably heard your fair share of objections from SME clients. While overcoming them is part of the broking game, Cyber Liability can still be a tough product to sell..
Overcoming objections is part and parcel for brokers, but selling SMEs on Cyber Liability can be especially challenging. That’s why we’ve broken down three common objections and provided talking points.
Viktor Vukovic from Queensland-based brokerage Sirius Insurance talks cyber insurance, technology, and predicts what the future holds for broking in BizCover for Brokers’ Future of Broking series. From working with.
The future of broking is more automated, with manual admin tasks becoming obsolete. Hair and Beauty insurance specialist Bronwyn Martin shares how she streamlines her brokerage by using the latest.
Insurance brokers provide a valuable service to their clients, recommending them the right coverage and acting as an adviser on insurance matters. Clients are most likely aware that operating a.
“It’s heartbreaking and devastating. All these businesses damaged. All their stuff floating in flood soup. And the worst part? The smell. You never forget the smell.” This is how Mandy.
The Australian insurance market is complex and challenging to navigate for the average SME client. This is where insurance brokers add value, providing that essential link between insurers and the.
The Australian SME intermediary market is within a period of transition. The traditionally manual processes that once dominated the space has given way to digitalisation that strives toward innovation. From.
BizCover for Brokers (B4B) has bolstered its cyber offering by bringing on its new Cyber Liability partner Chubb and updating its existing AIG and Dual cyber insurance products. The move.
Losing the ability to work, even temporarily, could jeopardise your SME clients’ livelihood. Your clients may be considering ways to protect their income should an injury, permanent disability, or serious.
Brokers starting in the industry may ask an important question: should I accept every client that comes through my doors? Some say no, you shouldn’t, while others say any business.
In August, BizCover for Brokers hosted a webinar that featured four thought leaders in the broking industry. The panellists – PNO’s Peter Conquest, Austbrokers’ (ABS) Rebecca Wilson, McLardy McShane’s.
Dean Bowen on the role of brokers, reaching into your network, and being crowned NIBA’s NSW/ACT Young Broker of the Year In late 2016, Dean Bowen was at a crossroads. .
Being an insurance broker can be a tough profession. Not only do they have to negotiate with insurers and contend with external market forces, but they must facilitate their client’s.
Many Australian businesses are seeking advice as they continue to adapt to a post-COVID world. The consultants on your books may find their services in high demand across multiple industries..
There are a lot of business insurance myths out there. This is understandable. Insurance products are complex, and they’re probably the last thing your client wants to think about. Clearing.
Healthcare, fitness and wellness are billion-dollar industries in Australia. As these sectors continue to adapt to and bounce back from COVID-19 lockdowns, they may need insurance protection to shield their.
From empowering women in India to helping Aussie small businesses with their insurance, Jane Mason, BizCover for Brokers (B4B) Head of Product, Channels and Risk, has been named one of.
As many brokers can attest, the Professional Indemnity (PI) market has endured challenging conditions in recent months. While the hardening market and changes to the risk appetite of some insurers.