Daniel Gialanze explains how $1 million game show prizes are given away, when you don’t have $1 million!

23 May 2018
post featured image

  Can insurance help boost my startup’s market profile?   Yes it can.   We’ve all seen people win big on TV shows like Who Wants to Be a Millionaire or radio programs giving away high value prizes or cash.  But did you know these campaigns are backed by insurance?   It’s called Prize Indemnity…

Read More

Management Liability Insurance – Why your startup needs it

17 May 2018
post featured image

  When you’re running a startup, you probably don’t want to think about what might go wrong but, you have to be aware that even small to medium-sized enterprises need Management Liability insurance. This protects you and your startup against the risks and exposures of running the business – basically your liability for mismanagement. It…

Read More

Does Public Liability Insurance cover my employees?

3 May 2018
post featured image

A common question for startup founders as they are building their evergrowing team is, “Does Public Liability Insurance cover my employees?” The answer is… yes it does, up to a point! Let’s say your startup opts for a standard public liability policy; this will cover you and your workers, but if you are looking to…

Read More

How can I save some money on insurance?

20 April 2018
post featured image

When an insurer calculates a premium, they look at a range of factors and these, in turn, vary depending on the type of insurance your startup needs. Let’s take Public Liability insurance as an example; a quote will consider things like turnover, the likelihood of your products causing injury or damage to others, the number…

Read More

Insurance for startups on the move or changing locations

15 November 2017
post featured image

    If your startup is moving ahead in business – or just moving locations, Single Transit Cover might be a good option. It’s particularly important if you’re changing office locations – you’re covered from the time when the first box or laptop/computer screen is moved from your building, through all the stages, to being…

Read More

6 typical protections that a cyber insurance policy covers

19 October 2017
post featured image

  According to research by the Australian Institute of Criminology, around 14% of Australian businesses experience computer security incidents each year – and this figure is expected to increase. The institute has estimated that losses from cybercrime each year are upwards of $595 million. You’re making a significant investment in your startup. You need to…

Read More

Insurance made more convenient: StartUpCover launches chatbot

15 September 2017
post featured image

    MELBOURNE, September 15: StartUpCover, a joint venture between Willis Towers Watson and CGU, is proud to announce the Australian insurance industry’s first Facebook Messenger chatbot specifically designed for startups. “Jamie” the chatbot goes live today from the StartUpCover Facebook page. It is designed to give startup businesses access to insurance information and an…

Read More

The age breakdown of Australian Facebook users in September 2017 [Infographic]

14 September 2017
post featured image

  The product or service that your startup is offering will have its own unique target market.   A startup which offers relaxing holiday deals for example may intentionally try to target the older demographic of retired people who might be more willing to take holidays than a 30 year old who has just had their…

Read More

Professional Indemnity Insurance explained: Why do I need it?

9 August 2017
post featured image

    If your startup involves giving professional advice or consulting services to clients, you need to look at Professional Indemnity Insurance. You should protect your startup and the people working within it against claims that may arise; this could involve alleged negligence or breach of duty that might arise from an act, error or…

Read More

Managing your risks

27 July 2017
post featured image

  What is a risk? In the context of startups, a risk is an event that has the chance of causing damage, injury, liability, loss, or any other negative occurrence to your startup. Identifying the unique risks of your startup and ensuring they are covered adequately with a thorough risk management model is paramount to…

Read More