Professional Indemnity Insurance explained: Why do I need it?
9 August 2017
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 […]
Managing your risks
27 July 2017
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 […]
Key cyber insurance considerations for startups
11 July 2017
What’s my cyber risk? Startups tend to be less concerned about their technology/cyber risks than their publicly traded counterparts. How is this possible? It may be due primarily to a limited understanding of the scope of risks that they face. According to the Verizon Data Breach Report, approximately 61% of data breach victims […]
5 reasons your startup needs an insurance broker
3 July 2017
Startups continue to come to the fore this year, bringing revolutionary ideas and solutions that have never been tried or seen before. It’s an exciting time, especially for those people founding and managing startups, as the possibilities seem endless! But the unique nature of startups offers some challenges – and one of those […]
Five key financial considerations for your startup
14 June 2017
When you are beginning your startup venture, knowing where and when to start with your finances can daunting in itself. Where will I get funding? How will I control my finances effectively? What should or shouldn’t I be spending money on? Below are five of the most important considerations you should have front of mind […]
What is Public Liability Insurance and why do I need it?
31 May 2017
Anyone seeking to operate a business of any kind, including a startup, should have the right level of Public Liability Insurance in place before opening their doors. Public Liability Insurance is an essential business cover; it was developed to protect business owners and operators from the financial consequences of certain events that can […]
I’m establishing a startup. What insurance do I need?
11 May 2017
The type of insurance you require will depend on what your startup is trying to achieve, as well as a range of other considerations. A key question you need to ask yourself is the value you place on transferring some risk to an insurer. Let’s give an example. Say you’re a financial consultant; you […]
Why you will love your broker
29 March 2017
Startups need great advice to help realise their potential. Here are three reasons why you will love your insurance broker: 1) It’s all about you A good broker knows how to “get personal”. Don’t worry, it’s all in the quest to get the best professional outcome. It’s about knowing the right questions to ask […]
Why insurance is important for Gen Y entrepreneurs who are reshaping Australian business through revolutionary startups
7 March 2017
Gen Y entrepreneurs are reshaping Australian business through revolutionary startups Entrepreneurs aged 25 to 34 have been leading the way in establishing revolutionary startups in Australia. Australian Bureau of Statistics figures amplify Gen Y’s eagerness to reshape business, showing that new company registrations from this age group have been booming since 2014. […]
Why do I need an insurance broker?
23 February 2017
An insurance broker can save you time, money and worry. Just like an accountant or lawyer who provides you with professional advice, a qualified broker can do the same with your insurance needs. We’ve all heard of the ‘fine print’, right? Insurance can sometimes be difficult to understand, and an insurance broker can help you […]