blog

Essential Business Insurance Considerations for Small Businesses

Starting a small business can be an exciting venture, but it also comes with its own set of risks. One of the most important ways to protect your business is by having the right insurance coverage. From general liability to workers' compensation, there are several types of insurance policies that small business owners need to consider.  General Liability Insurance General liability insurance is one of the most common types of insurance that businesses should have.

Does Your Business Need Professional Indemnity Insurance?

Whether you're a freelancer, a consultant or run a small business, you may well need to consider professional indemnity insurance. However, many professionals don't know what this type of insurance is or why it's necessary. So, what do you need to know about this type of insurance and why it may be so important for your operation? What Is Professional Indemnity Insurance? Professional indemnity insurance (PII) protects you financially if something goes wrong in your work or the advice you give.

Three Ways Commercial Property Insurance Keeps Your Business Covered In Australia

Commercial property insurance is a specific type of business insurance that provides coverage for all your company's physical assets, including your office building, equipment, inventory, and furniture. This coverage protects you from damages to or loss of your property from events like fire, theft, and vandalism. There are many different types of business insurance policies to choose from. One type of policy that is especially important for many businesses is commercial property insurance.

Essential Tips for Hiring the Right Insurance Broker

The future of insurance brokerage will only reward brokers that adapt to and embrace current trends, such as digital transformation. The highly fragmented insurance landscape does not make matters any easier for businesses looking for brokers. The dynamics in customer demographics, technology and economics require customised actuarial models. Since an insurance broker represents a customer and not an insurer, you must exercise due diligence when looking for a service provider. This article highlights essential tips for choosing the right insurance broker.

Types of business insurance every company should have

Business insurance is an essential aspect due to the financial risk business is exposed to in the event of an accident. You should take a few minutes to understand the types of insurance policies available and the ones you need, which could save you money. Some examples of business insurance you should have include: Liability insurance Liability insurance is a policy that protects a business against negligence based on mistakes or the failure to perform.