Risk Insure

Corporate Travel Insurance

If you have employees who are required to travel for work within Australia or abroad  you should ensure that you and they are not exposed to potentially large financial losses as a result of these travels.

Expenses for medical treatment, emergency medical evacuation, flight cancellations, hire car excesses or lost luggage are several common losses that companies can face when their employees are on business trips.

Most firms tend to forget about arranging travel insurance or alternatively arrange a series of single travel policies via their travel agent.

By far the best option to ensure a broader and generally more cost effective cover is an annual corporate travel insurance policy from your insurance broker.

Annual corporate travel insurance policies can be tailor-made to protect your business from all kinds of business travel expenses, including:

  • Personal Injury
  • Medical Expenses
  • Emergency Medical Evacuation
  • Repatriation of Remains
  • Cancellation/Curtailment/Additional Expenses
  • Personal Liability
  • Luggage, Money, Travel Documents
  • Alternative Employee and Additional Expenses
  • Hire Car Excesses
  • Missed Transport Connections
  • Extra Territorial Workers Compensation
  • Kidnap, Ransom & Extortion
  • Political and Natural Disaster Evacuation

If you or your staff travel more than a few times a year on company business then annual corporate travel insurance is for you. That’s because it gives you flexibility and you are covered for every trip without having to remember to apply for a single policy every time.

Please contact our office for more information about the benefits of an annual travel policy for your business.

Risk Insure

Pay your business insurances by the month

Cash flow is the key to survival of any business. Without sufficient cash flow it becomes very difficult for even the most profitable business to avoid financial disaster, or at the very least achieve its true potential.

When economic times are challenging, business leaders should be seeking ways to improve their cash flow and preserve their working capital at every opportunity. One of the easiest ways to do this is by paying your business insurance by the month through a premium funding facility arranged by your insurance broker.

Premium funding companies lend you the amount required to pay your insurance premium and pay it on your behalf. You then repay the premium funding company in monthly instalments over a period of typically 10 months.

The premium funding company charges a flat interest rate on the amount of the premium that is fixed for the term of the loan. And as the loan is secured by the insurance policy in most cases, no security is required. This ensures that applications are simple and processed quickly – usually within 24 hours.

The interest charge is usually tax deductible as a business expense.

Talk to us about preserving your business cash flow with premium funding.

Risk Insure

Cyber-crime: A growing menace

The reality is that all companies, large or small are targets for cyber criminals. Unfortunately many businesses operate under the belief that their existing insurance policies are enough to cover their data security and privacy exposures. This is not the case.

Australian insurance companies however are at the forefront in making good the damage of cyber attacks. Although stopping the hackers and other criminals in their tracks is not within their capability, they are able to provide the next best thing… picking up the financial pieces of damaged businesses following a cyber attack event.

Cyber attack insurance. What can be covered?

Cyber attack insurance can protect you from claims arising from your use of the Internet, email, intranet, extranet or your website. Cover can include but is not limited to:

  • Breach of privacy
  • Damage to your network or website
  • Transmission of a virus
  • Third Party Liability
  • Cyber Extortion

Please contact our office for more information and professional help to implement the right cyber risk protection strategy for your business.

Risk Insure

Why use an insurance broker?

Why use an insurance broker? For the peace-of-mind. That’s why.

There is nothing worse than paying a premium for insurance, then, when you lodge a claim following an insured event, find that you get the runaround from the insurance company and, eventually, a settlement that leaves you well out of pocket.

Buying your business and many personal insurances through a qualified insurance broker has many advantages:

A broker will act on your behalf and provide you with personal advice based on your particular circumstances.

A broker will offer guidance in the selection of your policies.

A broker offers a wider choice from multiple insurers, scheme benefits and discounts as well as expert advice on levels and types of cover that are required.

A broker will provide sum insured calculations, periods of indemnity recommendations and, depending on the size of your asset portfolio, refer you to other specialist services providers such as risk managers, valuers, contractual and legal advisers and even HR specialists.

A broker will stand by you and represent your interests when the time comes to make a claim.

This broker, whose website you are now reviewing, will do all this and more for you. Call us or send an online enquiry to arrange an obligation-free review well before your renewals are due.

You have nothing to lose but stress and sleepless nights.