It is a simple fact that most homeowners will not have enough savings to rebuild a badly damaged or destroyed home, or to pay off the mortgage still owing even though the home no longer exists. That’s why we have insurance, right? Even though most homeowners do have Home Insurance, a worrying proportion of people do […]
Many SME owners believe that they don’t have to worry too much about cyber crime. After all, why would Internet villains bother with small fry when they could go after heavy hitters such as Yahoo, eBay or Uber? Unfortunately, cyber criminals take an equal-opportunity approach. While they can and do target large organisations, they […]
Small Business Insurance for small, SME, medium, large business…whatever your business type, the common components of Small Business Insurance generally remain the same. Lets run a quick guide on the basics of small business insurance. The Big 3 Property Insurance Public Liability Workers Compensation The Staples Business Interruption Burglary Glass The Extras Money Machinery Electronic […]
Broker network Steadfast has reported a 13.6% rise in statutory net profit to $75.9 million for the year to June 30, powered by organic growth and contributions from acquisitions. Underlying revenue surged 15.5% to $582.5 million and earnings before interest, tax and amortisation (EBITA) grew by the same margin to $165.6 million. Acquisition growth increased […]
One of the drawbacks to owning a growing business is having more at stake. An expanding business is likely to be having dealings with an ever-increasing number of individuals, getting involved in a wider range of commercial activities, even expanding into new locations. A growing business usually requires a growing workforce. With more equipment and […]
The insurance industry and technology are no strangers to each other. And yet the industry has not been considered a leader when it comes to the application of technology. That is until now. The emergence of InsurTech as an agent of change has reshaped the strategic agenda. The Digital Insurer takes a look at some […]
Statewide’s long-term banking partner Macquarie, takes a look at 5 areas to consider before you disrupt your industry Disrupting your industry means challenging the status quo while offering something much more than change. Disruption can come from anywhere and in this technology-filled world where everyone can access the latest information, the size of a business […]
Steadfast has announced a record first half in terms of gross written premium (GWP) placed by its network of brokers. The firm announced that its brokers had placed $2.6bn worth of GWP in the first half up 8 per cent as underlying net profit after tax also rose by 8.4 per cent to $32.4m. Robert […]
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