The Importance of Product Liability Insurance Here we take a look at the importance of product liability insurance, and how to make sure you've got appropriate cover.  What is product liability insurance Product liability insurance is designed to protect your business if you’re sued depending how a product...

Notifiable Data Breaches Scheme 12‑month Insights Report The Office of the Australian Information Commissioner (OAIC) released their Notifiable Data Breaches (NDB) Scheme 12‑month Insights Report. For a little over a year, it has been a legal requirement for entities to carry out an assessment whenever they suspect...

Common Challenges In Landlord Insurance Claims A common challenge that is faced in claims under a landlord insurance policy arises from the failure of the insured to maintain proper records. Common situations we see are: The insured does not use a property manager. A landlord does not have to use...

Don’t be in the Dark on Privacy Privacy Awareness Week (PAW) is an annual initiative run by the Office of the Australian Information Commissioner (OAIC). The annual event highlights the importance of protecting personal information, and helps organisations, agencies and the public navigate the privacy landscape. For organisations...

Another day, another data breach Over a year on from its introduction the Notifiable Data Breaches (NDB) Scheme has resulted in increased awareness and action on personal information security. The obligation to notify individuals whose personal information is involved in a data breach that is likely to...

What you need to know about landlord insurance If you’ve scrimped and saved in the hopes of achieving financial security through an investment property it makes sense to insure such a valuable asset. It’s no secret that Australians are among the most real-estate obsessed people in the...

Two are better than WON! What a way to celebrate 20 years of CRM Brokers! We are thrilled to have been selected in not just one, but two finalist categories for the Insurance Business Australia Awards 2019. The first of those is as Finalist for Brokerage of the...

Combustible cladding in the headlines again As the new year kicks into gear, combustible cladding remains firmly in the headlines after a fire at a Spencer Street residential tower on Monday 4th of February. Melbourne's Metropolitan Fire Brigade reported that combustible cladding was the "main contributor" to...

The most common and costly landlord insurance claims QBE Insurance has revealed that severe weather and leaky pipes are the biggest headaches for Australian landlords and are the cause of far more insurance claims than tenants failing to pay the rent. Storm and flood claims account for 34...

Fallout from the NSW Hailstorms The Insurance Council of Australia declared the December 20 storms a catastrophe, with over 25,000 claims totaling $125 million, received in the first 48 hours after the event. This was the fifth catastrophe declared in 2018 by the Insurance Council. In March,...

What is combustible cladding? Certain types of cladding can burn rapidly if it catches alight. Problems with metal composite panels and insulated cladding systems relate mainly to multi-storey buildings because of the potential for rapid fire spread via the external areas of the building. These products...