What’s the difference in the way insurers treat storms and flood? There’s a difference in the way insurers treat claims related to storm water and floodwater. As such, it’s important property and business owners understand this difference, should they experience either of these events. This differential...
Taking the plunge on legislative intent of the Design & Building Practitioners Act NSW (2020) The following case study provided by Brooklyn Underwriting, and republished with their permission, highlights a claim where the intention of the Design & Building Practitioners Act NSW (2020) was put under...
Construction Law Review Please refer below to our Construction Law Review, selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government. V601 v Probuild [2021] VSC 849 Supreme Court of Victoria Digby J Application for order - applicant commenced proceedings seeking recovery of liquidated damages entitlements under contract, relying on certificates issued...
What is professional indemnity insurance? Anyone can make a mistake – but if your business is found liable for negligence, the costs can be financially devastating. Not only can it lead to an expensive lawsuit, but your business’ hard-earned reputation may be damaged as a result. That’s...
How to protect domestic property against La Niña risks The Bureau of Meteorology has predicted the chance of a La Niña climate system developing at 70% - or three times the usual likelihood. As a result the northern and eastern parts of Australia are likely to...
Five basic security steps to mitigate against cyber attacks Basic security precautions can help you and your business prepare for and mitigate against the vast majority of modern cyber threats. Microsoft’s latest Digital Defence Report has identified five cyber hygiene practices that can have a major impact...
COVID and the risk of unoccupied dwellings on farms The COVID pandemic continues to create complications for people from all walks of life, and farmers are no exception. The inability to employ seasonal workers, relied upon by farmers, has been well documented in the media. This not...
The following article provided by QBE Insurance focuses on the once popular building material, you should know about Asbestos in commercial buildings and has been republished with their permission. Asbestos in commercial buildings: a hidden threat Until the late 1980s, asbestos was a popular building material and commonly...
What a La Niña event means for property and business insurance The Bureau of Meteorology (BOM) recently declared Australia is on La Niña watch, which means we may be in for another extremely wet summer. Australia is well known for its extreme weather conditions. Bushfires. Floods. Cyclones....
The following article provided by Insurance Australia Limited (IAL), provides insight into risk mitigation through an Emergency Response Plan and has been republished with their permission. Prepare your site for flood with an Emergency Response Plan Over the years Australia has experienced many extreme weather events, from...
CRM Brokers announce the Strata Services Business Award 2021 On Thursday, 25 November, the strata industry checked in to the Hyatt Regency for the annual SCA (NSW) CHU Strata Community Awards. Presenting the CRM Brokers’ Strata Services Business Award, Gordon Bell, Chief Operating Officer, commented on the...
CRM Brokers appoints Head of Claims CRM Brokers has named Ken Masina to take on the role of Head of Claims. Working alongside our dedicated in-house claims team, Ken's leadership skills and extensive industry knowledge will aim to scale even greater heights of client satisfaction during...
CRM Brokers wishes you and your family a very Merry Christmas and we look forward to seeing you in the New Year After another eventful year, CRM Brokers offices will close for Christmas and New Year on Tuesday 21st of December 2021 at 5pm. Our offices...
ACSC Annual Cyber Threat Report 2020-21 On the 15th of September, the Australian Cyber Security Centre (ACSC) released its Annual Cyber Threat Report. The Report provides an overview of the key cyber security threats affecting Australian networks that the ACSC observed during the 2020-21 financial year. We...
CRM Brokers among the IBA 2021 Excellence Awardees We’re excited to announce that CRM Brokers is the recipient of two Excellence Awards, for the Insurance Business Awards 2021, in the following categories; QBE Insurance Brokerage of the Year (20+ staff) CHU Underwriting Specialist Brokerage of the Year This continues the...
Finalists Announced for the Strata Services Business Award The independent judging process has been finalised and the results are in! Congratulations to the following finalists for CRM Brokers sponsored Strata Services Business Award. Bannermans Lawyers Brushwood Fencing Australia Lannock Strata Finance Havencab Property Group While the SCA...
Should your business consider cyber insurance? Cyber insurance has recently become a highly discussed topic. Cybercrime is on the rise, with criminals becoming increasingly audacious in their attacks. For instance, the world recently watched on in horror as a large part of the US population was unable to...
Nominations are now open for the Strata Services Business Award After a year like no other, it's time to celebrate the achievements of the businesses and individuals in the strata industry. CRM Brokers is pleased to continue our sponsorship of the Strata Services Business Award at this...
In their most recent cyber security campaign, the Australian Cyber Security Centre (ACSC) focused on one of the most effective solutions to protect against cybercrime. Criminals only need one attempt to succeed in accessing your most important accounts. Protect your valuable information by enabling multi-factor...
Supporting Strata Managers as Insurers’ Risk Appetites Tighten Over the past twelve months, the Australian strata insurance market has experienced several significant catastrophes, including a global pandemic. This, coupled with the continuing risk of non-conforming cladding and a widespread concern around defects and a lack of...