Risk Strategies

Home/Risk Strategies

Get run-off cover before running off

Are you planning to sell your business or retire soon? As you prepare to walk away from your business and retreat to your new life of leisure, you’ll have lots of decisions to make. One of them will be whether to continue your business insurance. The good news is that you can dispense with most [...]

Avoiding the risk gap: Why the right insurance is essential

SMEs worry about risks, but don’t insure against them. That’s the headline finding of this year’s Vero SME Insurance Index. According to the Index, a major risk gap exists. While many business owners have major fears about the potential for their business to fail, they’re not sure if they have the right insurance cover in [...]

No one loves insurance… until they need it!

Insurers tell us that they’ve been doing it tough over recent years, with heated competition in their commercial businesses leading to low profit margins. While reinsurance prices have remained low, insurance companies have been jostling for customers’ business which has helped to drive premiums south. This may all be set to change, with news that [...]

The threat of terror – Developing a terrorism risk management plan

9/11. Bali. London. Madrid. Paris. Terror attacks are unfortunately all too frequent. And we now hear almost daily reports of young Australians being stopped at the border as they attempt to travel to the Middle East to join the fight with Islamic State jihadists. Terrorism is no longer a distant threat. The changing political landscape [...]

Farming goes high tech – Using data for farm risk management

It’s estimated that the world’s population will reach a staggering 9 billion people by 2050. And according to the United Nations’ Food and Agricultural Organisation, by 2050 we’ll need to produce 70 per cent more food to feed our increasingly crowded world. But how can we possibly meet this enormous additional demand? Productivity is the [...]

When disaster strikes – Manage your risk to reinforce your supply chain

Tianjin. It was a man-made catastrophe. The impact of the series of explosions in the Chinese port city on 13 August 2015 rocked the world. The force of just one of the blasts was estimated to be equivalent to 21 tonnes of TNT, shooting fireballs hundreds of metres into the sky. 173 people died and [...]

By | 2017-04-27T14:26:03+00:00 February 17th, 2016|Emjay Insurance, Risk Strategies|0 Comments

Personal Property Securities Register: Fail to register at your peril

Does your business buy or sell goods under retention of title or consignment arrangements? Hire, rent or lease valuable goods, machinery or equipment to others? Buy or sell valuable used goods? If you do, then you need to know about the Personal Property Securities Register (PPSR). The PPSR is an online register where the holder [...]

The world is changing… fast! Do you have a risk management plan in place?

Our world is changing faster than ever before. And these changes are across the board – new technologies, new business practices and new ways of thinking. SME business owners need to keep up or be faced with the prospect of having to catch up. As an SME business owner, you’re faced with the tough task [...]

Reputational risk – can it be insured?

The recent scandal over diesel emissions that has rocked Volkswagen – and wiped billions off its share price – is a prime example of how a company’s reputation can be left in tatters due to illicit dealings. The German car giant has conceded to installing a device into diesel-engine cars that hides true emission levels [...]

Attack of the drones?

Just a couple of years ago, if you heard the word ‘drone’ it was generally associated with military strikes in far-off battle zones. Now, drone use for commercial and personal reasons is rapidly on the rise. So how could drones benefit businesses in Australia in the future? Here are some possible drone applications that might [...]

Load More Posts