Business Interruption Insurance is generally taken as section 2 of a Business Pack policy, right beside the Property/Fire Section. It is a financial income coverage for your business, as important as the contents, stock and equipment that is always covered. The prime purpose of business interruption insurance is to make sure that the financial position of […]
Globe Insurance joins Statewide
Statewide is pleased to announce the recent arrival of Globe Insurance Services WA Pty Ltd to the company. Globe Insurance is a registered Authorised Representative of Statewide Insurance Brokers AFS 231 311. Joe Barbaro, founder of Centrewest Insurance Brokers is the principal of Globe Insurance, and Joe will be continuing our company mantra of reputation, […]
The ‘new’ Chubb Insurance
Insurance Business Online takes a look at the new Chubb Insurance It was 1 July 2015 when it was announced that ACE Ltd would acquire The Chubb Corporation. This year, on 14 January, the completion of the acquisition was announced. ACE had paid approximately US$29.5bn (A$38.55bn) in cash and stock for Chubb. That transaction – […]
Insurance Policy Comparisons
As General Insurance Brokers, we get to see a LOT of insurance policies. So many in fact, the only way to correctly analyse them is through the use of Insurance Policy Comparison software analysis – which offers a full policy comparison across all Insurers and all Products. We utilise the outstanding services of PolicyComparison.com – and […]
Statewide Cyber Insurance Report Q2 2016
The Cyber story continues…. SIC zeroes in on cyber crime 4 April 2016 The Australian Securities and Investments Commission (ASIC) has stepped up its surveillance of cyber crime this year in a bid to keep pace with the growing digitisation of the financial services industry. ASIC will invest more in digital forensics capabilities and training […]
Berkshire Hathaway Insurance – A Detailed Look
Berkshire Hathaway Insurance Australia: Cashed up and Confident Warren Buffett’s legendary company has entered the local insurance market,’ and its commercial insurance operation is aiming high. Very high… At a time when Insurers are bracing for one of the most difficult markets in decades, with investments at rock bottom and premium incomes falling, why would an operator […]