News

Welcome to Austral Risk Services news, views and useful information.

16 September 2020
SME Business Insurance
Making sure you have the right business insurance
Over 98% of all Australian businesses would be classified as small business. They really are the backbone of Australia.

In our experience, we find that many small businesses do not have the right insurance cover in place to protect their business.

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Recent natural disasters and the unprecedented pressures resulting from COVID-19 have resulted in the global insurance market currently experiencing a Hard Market.

What does this mean for your business.

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12 August 2020
A Global Insurance Hard Market
How this impacts your business insurance
26 July 2020
Ted Hicks appointed Chairman for Austral Risk Services
A business update from Austral
Austral Risk Services, is very pleased to announce the appointment of Ted Hicks as our new Chairman.

Ted brings over 60 years’ experience in insurance broking and underwriting to our risk management and insurance broking team.

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Cyber attacks are a real threat to businesses and organisations of all sizes and can cost you millions.

We urge you to take the time to understand the risk to your business and how you can be proactive in managing cyber risk.In this article, we discuss the threat and provide some useful links to resources and information to help you manage cyber risk.

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01 July 2020
Cyber Risk - A serious threat to your business
Here are some actions you can take now
30 June 2020
Workers Compensation - How to Make a Claim
What we need to expedite your claim
Insurers place estimates on Workers Compensation claims based on the information made available to them. In this article, Austral explains what information is needed to make and expedite a claim.

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The National Insurance Brokers of Australia have compiled an excellent resource page of all the benefits businesses are entitled to as a result of COVID-19.

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22 June 2020
COVID 19 - The help your business is entitled to
Find out about the help you can receive today
08 June 2020
Workers Compensation - Understanding State of Connection
What you need to know
The 'state of connection' legislation can be confusing to interpret, and applies to each worker individually, not to the company as a whole. This is important to know as different workers' compensation legislation applies in different states.

In this articles we explain what 'state of connection' means for your business.

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Some insurance types are a requirement by law. Others just make good business sense. Here is the list of business insurance that most businesses need in place.

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05 February 2019
Business Insurance: Which Insurances Must You Have?
Our business is protecting yours
05 November 2018
How To Get The Best Advice From Your Business Insurance Broker
Business Insurance
We asked our insurance broking team, from a client's perspective, how you get the best business insurance advice? This is what they had to say.

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What's the most important risk to business? Ask the senior management of any business, large or small, and we've found that more often than not, their major concern is reputation risk. Find out why this risk matters so much and what your business can do about it.

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02 April 2018
Business Risk: Managing Your Reputation Risk
Here's what you need to know.
05 February 2018
Workers Compensation: The Cost of Non Compliance
Your responsibility as a business owner
We all know Workers Compensation is a must in business. Here we spell out the risks of non compliance.

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Whether you’re running a multi-national company, a large national freight business or a small retail shop, you need to have your house in order with your business insurance otherwise all your hard work is at risk.

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08 January 2018
Business Insurance: What Are Your Risks?
Understand your business risks
07 November 2016
Business Insurance: Business Interruption Insurance Explained
An explanation by NIBA
NIBA, the National Insurance Brokers Association, explains what business interruption insurance is and how it differs from the other insurances you may have in place for your business. This is a great little overview and worth a watch.

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What does Brexit mean for your business insurance? Here are some insight from Eddy Brett.

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01 August 2016
Brexit and Insurance
How will Brexit affect Australian policyholders?
29 July 2016
The Rio Olympics and Risk
Risk management is critical for the olympics
The Olympics are just days away and we're all excited. Eddy discusses the risks faced by the IOC and everyone travelling to Rio.

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