The IA Risky Business

It's hard to think that only 20 years ago news breaking on the other side of the world took up to a day to reach our shores. Nowadays it can be instantly transmitted to your mobile device with graphic images and eye witness accounts. We are dipping into Twitter and find it fascinating that when you hash tag a word a whole new line of conversation opens up that may or may not be related. Friends are everywhere and available 24 / 7, when 20 years back the annual Christmas letter or twice a year letter to your 'Pen Pal' was about as close to Twitter as you could get. As our world becomes smaller in ways of transmitting data it has opened up new industry. The electronic data transfer industry is one of the faster growing on earth. Just look at how a young lad named Mark Zuckerberg went from a computer programmer to one of the richest men on earth after creating Facebook.  Insurance has always had to evolve to protect business from new risks. Starting in it's simple...

We're revisiting some of our earlier Blogs at the moment. Mainly because there are a number of new followers who haven't had the opportunity to read them. This blog on Business Interruption was first released on 12th November 2012 after a serious fire in QLD. The news remains relevant today and a timely reminder about getting your Business Interruption cover right. By way of update the building we discuss below was a tilt slab concrete build with tenants being Toy's R Us, Autobarn, Clark Rubber & Sam's Warehouse. The Fire Wall which separates Sam's Warehouse from the other 3 tenancies saved Sam's Warehouse from destruction and a plan was immediately implemented to fast track the relatively unaffected tenancy. Have a read below of a case which clearly shows why Business Interruption is a must for the protection of your business. Saturday we were faced with news of a fire ripping through a major shopping centre in Mackay QLD. The enormous fire,...

We welcomed a new family member on Friday. I made a promise during a weak moment late on New years eve last year that I would buy the girls a puppy this year. Figured 'this year' is long and maybe they'll cool on the idea as the months went on. No luck, I had to bow and keep the promise. Lily a cocker spaniel x poodle entered our lives and honestly it's like having a 3rd child. Sleep?? Whats that! Crying?? Too much of that!! Our pets are an important part of our family. It doesn't matter what age you are I'm sure you can remember your childhood pet. Lily will be the girls memory later in life. I remember when first starting in Insurance with GIO we 'upsold' a Pet cover extension. It basically covered an animal for accidental injury up to $500 and nothing more. This was a time when Pet Insurance was in it's infancy and the take up was minimal. Nowadays you can source pet insurance for just about any contingency, but be careful, like any Insura...