Swiss Re announce their withdrawal from the Australian aviation market Last month Swiss Re (second largest capacity provider in Australia) abruptly announced it is withdrawing from the aviation market here in Australia. This follows the recent exit of Allianz Aviation and AIG Aviation, leaving “a huge...

NSW Fair Trading Advice on how to avoid Cybercrime NSW Fair Trading is warning people about the recent increase in cybercrime and offering advice on how to avoid becoming a victim. Social engineering offences have been on the rise. This is where someone impersonates one of your...

Plant, Equipment and Contents: The forgotten assets when it comes to Insurance Say your property has a fire and suffers a significant loss. You know the building is adequately insured for $15,000,000, but what about the estimated $10,000,000 of plant, equipment, and contents within the building? ...

Construction Law Review - July

Please refer below to our Construction Law Review, selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government.

CRM Brokers announce the 2019 Strata Services Business Award On Friday 26th of July, the strata industry gathered together at The Star for the annual SCA (NSW) CHU Strata Community Awards. The independent judging panel of academics and industry stakeholders were thoroughly impressed with the number of entries...

CRM Brokers Client Services Manager of the Year Award As a specialist insurance broker for the building services industry, CRM Brokers has been working with members of the BSCAA, and previous industry associations, since 1998. We are once again proud to sponsor the Client Services Manager of...

NSW Fair Trading has issued important information about safety in the home The advice from NSW Fair Trading reminds occupants or lot owners to report any "tingle" or "shock" when touching anything electrical, to a strata manager, strata committee or landlord immediately. They then shift the...

End of Financial Year insurance checkup for your business The end of the financial year is more than just a time for stocktake sales, it's the perfect opportunity to take stock of your insurance and risk-management program. The Australian Government's Business.gov.au website highlights reviewing your insurance as...

The National Insurance Brokers Association (NIBA) has revealed Damien Coorey as the NSW/ACT Broker of the Year, which recognises excellence in the insurance broking profession. The Broker of the Year Award, sponsored by QBE, goes to an inspiring role model who has demonstrated excellence in broking...

What is efficacy all about? Here Glenn Eason - National Liability Manager at Solution Underwriting discusses product efficacy in relation to general liability. What is efficacy all about? I’m regularly asked about product efficacy…. What is it? Why is it being excluded? Efficacy or inefficacy are not commonly used...

Construction Law Review - June

Please refer below to our Construction Law Review, selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government.

Finalists Announced for the Strata Services Business Award This year the SCA (NSW) received a record number of entries for the CHU Strata Community Awards. The Strata Services Business Award is designed to recognise excellence in performance of Strata Services. It specifically recognises a business that has...

Certifiers temporarily permitted to have cladding exclusion on insurance The NSW Government has amended the Building Professionals Regulation to ensure that building certifiers can continue to operate. Certifiers are required by NSW law to hold professional indemnity insurance, without exclusions or conditions, as a pre-requisite for accreditation,...

Finity Market Report [vc_row][vc_column width='2/3']Approaching the halfway point of the year, we are seeing the insurance market shift from a ‘soft’ to a ‘hard’ market. Factors like significant losses, particularly due to a due to a string of natural disasters, and economic conditions can lead the market...

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...

Construction Law Review - May

Please refer below to our Construction Law Review, selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government.

Do you know your responsibilities as an online business? Online businesses are charged with responsibilities above and beyond those of a traditional bricks and mortar store. Starting an online business is, in many ways, easier today than it’s ever been. It’s perfectly possible, and indeed common, to...

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...