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SCTP Platform (robotic arm touching a heart)

Steadfast SCTP is the leading platform for General Liability

Berkley Insurance Australia joined the Steadfast SCTP over 12 months ago now and the take-up from brokers has been better than expected. The SCTP is an online automated underwriting platform where brokers can obtain quotes from a range of Insurers for different product lines.  Kirsty Owens, BIA’s National Portfolio Manager...
Product Liability Exposures for Online Retailers (women checking the product she had brought online)

Product Liability Exposures for Online Retailers

With easy access for consumers via online marketplaces such as Amazon and eBay, reduced overheads, and a wider market and customer base, sellers are continuing to move to online sales of their products. There are however some disadvantages, these include aspects such as website costs, e-commerce laws, security and fraud,...
Employee Theft

Risk Management | Employee Theft and how to avoid it

Here’s some great risk management tips that all businesses need Surely the thought has flashed across the minds of most business owners at one time or another. What would I do if I discovered that one of my employees had been stealing from me? How would I confront them? What...
Insurance Legality Q&A

Insurance Legalities | Your questions answered

Q 1: In the case of a partnership entity named “Brian Johnson and John Johnson”, is it ok to express the partnership entity name as “Brian and John Johnson”? A: When naming a partnership, it is always best to show “Brian Johnson and John Johnson” as in the example provided...
AdobeStock_308386317_LR

Are all sub-contractors covered in a public liability policy?

A sub-contractor is an independent third party who provides a service on behalf of an Insured.  Sub-contractors generally specialise on one particular service, and an Insured may engage several different sub-contractors as part of their overall offering to their customers. An Insured may also engage independent third parties to provide...
two tradies in front of their SUV

Risk Management – What you need to know if you are hiring trades

Hiring a tradie at your place this summer? Don’t risk using unlicensed and uninsured contractors If you’re considering renovating your home, then you might be wondering which tradesperson to hire. With so many tradies to choose from, it’s perfectly understandable that you might be influenced by a friend or colleague’s...
Work Health and Safety(worker at a construction site)

Risk Management – Top 6 Work Health & Safety tips for your workplace

Have you ever stayed awake at night thinking about your business’s Work Health Safety standards? Workplace accidents are surely one of every business owner’s worst nightmares. Consider the long periods off work, increased workers compensation premiums and costly legal settlements. These are just some of the headache-inducing matters that employers...
factory manufacturing

Errors and Omissions and Product Recall Extensions – Do you know what’s covered in traditional Product Liability Insurance?

Errors and Omissions Manufacturers’ errors and omissions, along with product recall extensions, continue to gain traction within the commercial general liability insurance market segment. It is recognised that a variety of claims scenarios are not addressed by traditional Broadform or Public and Product insurance liability wordings in Australia. Whilst product...
selective focus of employee and recruiter shaking hands near green plant

Why do Recruitment Consultants need Professional Indemnity Insurance?

One of the key contributing factors for any successful business is the talent they employ, which is why so many businesses invest and seek the expertise of a recruitment consultant. Businesses put their trust into the recruiter’s hands to provide a candidate with not only the appropriate qualifications and experience...