Help us help you. What information does an insurance broker need?
2 March 2021
Insurance brokers know your industry and can benchmark your business against its peers, as well as help you with risk mitigation and management advice – all designed to ensure your insurance premium is the most competitive it can possibly be. But if you’re looking to work with a broker, they need the right information from…
Buying insurance directly online vs using a broker – do you get what you pay for?
25 February 2021
When you are looking to choose insurance, it can be very confusing. What type of product you should get? Who is the best insurer that will protect your needs? How can you compare policies? Here are the three main things you should look at, between purchasing insurance online yourself or going through a broker. 1….
IT Liability, what is it and what does it cover?
17 February 2021
IT accounts for a significant number of startup businesses – everything from hardware maintenance and installation services, to consulting, software and website design and development. What they all have in common is the need for Professional Indemnity (PI) insurance with an optional Public Liability extension. Professional Indemnity cover is essential as it protects both individuals…
Even non-traditional startup businesses need insurance
15 February 2021
Although you may not have a traditional ‘bricks and mortar’ retail store, there are many issues that can affect the viability of your business if you don’t have insurance cover. Do you manufacture your own products or are they imported directly by you from an overseas supplier? In both scenarios, you are considered the manufacturer…
How is an insurance premium calculated?
8 February 2021
Having figured out the insurance cover you need for your startup business, you are now eager to find out how much your premium will cost. But insurance premiums can be hard to predict as they are based on a range of factors. Some key factors which can influence your premium are your occupation, turnover, employee…
How do I know what insurance my startup needs?
4 February 2021
Insurance needs to be an item on your ‘to do list’ for any new startup. We hope it’s high on that list, but when it comes to your priorities, we know all the compliance matters, logistics, IT requirements or staff issues you’re dealing with means insurance might be pushed down. A way of ticking insurance…
Do I need public liability insurance if my startup is all online?
29 January 2021
You have an idea for your startup, bounced it around a little, then a little more. Friends and family think you are onto a winner and you are looking to share it with the world. We bet that insurance has not been high on your priority list, but there are good reasons you need to…
Is insurance worth it straight away when my startup isn’t making any sales?
27 January 2021
Creating a startup can be fun and exciting, and in the rush to get the business up and running we can overlook the formalities and legal requirements. Australian Bureau of Statistics figures show more than 60% of startups cease operation within the first three years of their journey. The estimated time frame for a business…
Daniel Gialanze explains how $1 million game show prizes are given away, when you don’t have $1 million!
23 May 2018
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…
Management Liability Insurance – Why your startup needs it
17 May 2018
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 is…