Cyber insurance and your business It might be easy to dismiss cyber crime as completely irrelevant to your business on account of its unfamiliar nature — who would actually take the time to exact a cyber crime against your business when they could be hitting the big...
The Importance of Professional Indemnity Construction industry professionals such as Contractors and Builders who provide design or other professional services in addition to or as part of their construction activities for clients, assume the additional responsibilities and liabilities of a design professional. Claims against Design &...
Australia's leading industry event for Architecture, Building, Construction & Design For over three decades, DesignBUILD has supported leaders in the world of architecture, building, construction and design. The event provides attendees with the opportunity to explore cutting-edge ideas, make new industry connections and start their own creative collaborations...
3 key questions to help safeguard your business Running a small business is challenging in the best of times, so it’s not surprising that many small business owners put risk protection in the “too hard and too expensive” basket. But they do so at their peril. A survey...
ARE YOU PUZZLED BY YOUR CLEANERS INSURANCE? CRM Brokers is a leading Australian insurance broker specialising in the building services industry since 1999. Since that time, the industry has evolved and so too has our insurance solutions. CRM Brokers' Cleaners' Bucket insurance program mixes Public, Product and...
Workers’ compensation is everyone’s business Injury in the workplace Illness or injury in the workplace is more common than you might think. No matter what industry you’re in, it’s an area of running a business that can’t be ignored. The statistics speak for themselves. There were 106,565 serious...
Insurance broker vs online insurance… Which one is right for your business? New players in the insurance space may appear to give business owners more choice, but how can you be sure that your business is adequately protected? The insurance industry has evolved significantly over the last decade....
Asbestos Register: Important requirements for Strata Managers Not all Strata Managers or Owners Corporations may be aware of the requirements under the Work Health and Safety Act 2011 where there is Asbestos presence at the premises they manage. An integral part of CRM Brokers' role is to...
Mandatory Data Breach Notifications and Your Business The Federal Government has recently passed the Bill which will make mandatory data breach notifications a legal obligation for organisations with responsibilities under the Privacy Act. Organisations that may comply with the legislation included businesses with over $3 million in turnover and...
AND…WE’RE OFF! DATA BREACH NOTIFICATION BECOMES AUSTRALIAN LAW The Federal Government has recently passed the Bill which will make mandatory data breach notifications a legal obligation for organisations with responsibilities under the Privacy Act. Organisations that may comply with the legislation included businesses with over $3 million in turnover...
Strata Managers can now add Public Liability & Management Liability to their Professional Indemnity insurance program [vc_separator type="normal" thickness="3"] Strata Managers often focus on the tangible exposures that they deal with on a day to day basis, however, managing all business risks is critical and often liability exposures are left...
Home Building Compensation Fund (HBCF) Reform The NSW Government is reforming the Home Building Compensation Fund (HBCF), commonly known as Home Warranty or Builders Warranty, to improve customer protection, improve competition in the market and make the scheme sustainable for the NSW home building sector. The premium...
CRM Brokers wishes you and your family a safe and wonderful holiday season CRM Brokers offices are business as usual until Friday 23rd of December 2016, when we will close for Christmas and New Year's Eve. Our offices will reopen on Tuesday 3rd of January, 2017. If you...
An Overview of Management Liability Did you know that New South Wales is the third most litigious state in the world behind California and Texas? In this increasingly litigious environment, businesses have a higher exposure to legal, statutory and employee claims which can have an immense financial...
Strata Reforms: Considering Reinstatement Costs Strata reforms have a significant impact on the value a building is insured. As of 30 November 2016, Strata Managers will need to consider replacement and reinstatement costs, not just replacement costs as per the previous Act. What are reinstatement costs? Reinstatement costs...
Developers will have to lodge a building defect bond from 1st July 2017 The new building defect bond scheme will apply to contracts for the construction of strata buildings over three storeys high, entered into after 1st of July, 2017. Changes coming into effect include: mandatory defect...