Category Archives: Insurance Tips

Cyber crime is now a major risk

Recently a US man was sentenced to 21 months in prison for his role in a cybercrime scheme that hacked accounts at banks, brokerage firms and government agencies. According to prosecutors in the US he was a member of an … Continue reading

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High Court ruling makes it harder for insurers to say “no”.

Insurers can no longer rely on section 54 of the Insurance Contracts Act to reject a claim due to an insured’s act or omission if that act or omission did not cause the loss, thanks to a High Court ruling … Continue reading

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Guardian launches new claims video

Guardian has launched a new video to explain the claims process and the importance of using an expert. View the video below.  

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Product recall cover essential for business

Recently the Australian Competition and Consumer Commission encouraged customers to check whether electric blankets that have been stored away for summer have been subject to product recalls. Guardian’s managing director Evan Jackson said it is quite common to see a … Continue reading

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NFP’s & Associations need expertise

Guardian partners with and provides risk management solutions to many Not for Profit (NFP) organisations and industry associations. The benefit of using a specialist broker is that they understand the unique differences and idiosyncrasies of the industry. The role of … Continue reading

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Natural Disasters Costly

The Insurance Council of Australia advised that claims from the four natural disasters in Australia this year have reached $674 million. The Queensland floods and storms resulted in 53,711 claims worth $553 million, followed by the Tasmanian bushfires (1900 claims, $89 … Continue reading

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Risk Management and Recovery

‘After the event’ is the worst possible time for companies to try to understand the extent of insurance coverage  according to Guardian’s Managing Director, Evan Jackson. Jackson said that directors need to have risk management and recovery plans in place … Continue reading

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Executives slam red tape

  At a luncheon for 20 senior executives hosted by Guardian Insurance Brokers and Haines Norton Accountants the common theme expressed by attendees was the desire to spend more time working on the core mission of the business rather than … Continue reading

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IT Security – an important risk

Business owners are often reluctant to invest in IT security until they have experienced a serious security breach. The Internet was designed to be open and easy to access. Internet security is weak – and every systems engineer (not to … Continue reading

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The new risk frontier

Just recently one of the largest building companies in NSW declared bankruptcy to the tune of $1b but that is just what they owe creditors. The results of this catastrophe is that the financial viability of many companies suppling the … Continue reading

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