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    Business Insurance Articles

    Freelancer or Employee? Understanding the Difference and the Liability Implications
    Freelancer or Employee? Understanding the Difference and the Liability Implications
    The contemporary business landscape in Australia is witnessing a significant shift towards the gig economy, with a growing number of professionals opting for the flexibility and autonomy that freelancing offers. This trend has not only revolutionized the way work is performed but has also introduced new dynamics in the legal distinctions between freelancers and traditional employees. - read more
    How to Choose the Right Public Liability Insurance for Your Business
    How to Choose the Right Public Liability Insurance for Your Business
    Public liability insurance is a key consideration for business owners in Australia. This type of insurance helps protect businesses against claims made by third parties for injuries or property damage. But what exactly does it do? In simple terms, public liability insurance covers legal costs and expenses, as well as any damages awarded, if your business is found liable for an incident. - read more
    The Cost of Being Uninsured: Why Every Australian Small Business Needs Liability Coverage
    The Cost of Being Uninsured: Why Every Australian Small Business Needs Liability Coverage
    Welcome to the complex world of running a small business in Australia where navigating through liability risks is as crucial as managing daily operations. This article is crafted to illuminate why every Australian small business needs liability coverage — a shield to protect against potential financial catastrophes. - read more
    The Role of Insurance in Protecting Your Small Business Assets
    The Role of Insurance in Protecting Your Small Business Assets
    In the bustling world of small businesses, the phrase 'expect the unexpected' captures the essence of entrepreneurship. While you can plan for success, unforeseen risks are always lurking around the corner. That's where the importance of insurance comes into play. It acts as a safeguard, protecting the lifeblood of your business against potential perils. - read more

    Insurance News

    TelstraSuper Announces Decrease in Income Protection Insurance Premiums
    TelstraSuper Announces Decrease in Income Protection Insurance Premiums
    08 Nov 2025: Paige Estritori
    TelstraSuper, a profit-for-member superannuation fund, has announced a substantial decrease in income protection insurance premiums for its members. Effective from 1 July 2023, members can expect reductions ranging from 11.5% to 30%, following a comprehensive review of the fund's insurance pricing. - read more
    Australian Income Protection Insurance Sales Experience Downturn
    Australian Income Protection Insurance Sales Experience Downturn
    08 Nov 2025: Paige Estritori
    Recent data from Plan For Life indicates a sharp decline in individual income protection insurance sales in Australia, with new risk income sales experiencing an 8.3% downturn in the year ending September 2024. This contrasts with previous periods of growth, highlighting shifting dynamics within the insurance market. - read more
    New Port Disruption Insurance Addresses Rising Global Shipping Challenges
    New Port Disruption Insurance Addresses Rising Global Shipping Challenges
    08 Nov 2025: Paige Estritori
    In response to escalating global shipping challenges, leading broker Marsh and Lloyd's underwriter Tokio Marine Kiln have launched a pioneering business interruption insurance specifically designed for ports. This innovative product aims to mitigate the financial impact of trade disruptions caused by various factors, including geopolitical tensions and operational strikes. - read more
    Marine Insurers Encouraged to Adopt AI to Mitigate Rising Industry Risks
    Marine Insurers Encouraged to Adopt AI to Mitigate Rising Industry Risks
    08 Nov 2025: Paige Estritori
    The International Union of Marine Insurance (IUMI) annual conference in Singapore has brought to light the critical role of artificial intelligence (AI) in transforming the marine insurance sector. Industry leaders emphasized the necessity for insurers to adopt AI technologies to effectively manage escalating risks and maintain a competitive edge. - read more

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    Copayment:
    A fixed amount you pay for a covered healthcare service, usually when you receive the service.