Mandatory Data Breach Notifications The Government has released draft legislation that will introduce mandatory data breach notifications in 2016. The legislation aims to make it compulsory for organisations regulated by the Privacy Act, to notify regulators and affected individuals, if there are reasonable grounds to believe...
Primary Sources of Data Breaches Ponemon Institute conducts independent research on privacy, data protection and information security policy. Results from Ponemon’s “2015 Cost of Data Breach Study: Australia” classified data breaches into three primary sources… Malicious or criminal cyber attacks Not only are malicious attacks the most widespread...
Not all claims conveniently occur during business hours...
Congratulations to Steve Gorgievski of Ezko Property Services [vc_row][vc_column width='3/4']The CRM Brokers Client Services Manager of the Year Award was announced yesterday in front of the building services industry community at the BSCAA (NSW) AustralianSuper Excellence Awards at Doltone House. The winner, Steve Gorgievski demonstrated excellent work ethic/client liaison and outstanding commitment to...
CRM Brokers is proud to announce their sponsorship of the Client Services Manager Award. Nominations are now open to all NSW contractors in the cleaning and security industries for the CRM Brokers Client Services Manager of the Year Award. This award is designed to recognise excellence in performance...
Catastrophic power surge to office block Case studies highlight the need for specific types of insurance policies. Together with Vero Insurance, we have highlighted one such claim related to a power surge. An electrical arc developed in the vertical busbar which traveled 8 floors of a 30...
Major changes to strata laws With the first major reforms to strata laws in over 40 years, you can be certain that CRM Brokers is here to help you understand the proposed changes and how they affect you and your business. The proposed changes include: Modern forms of...
Companies warned of internal cyber risk A global leader in risk consultancy has warned companies of the dangers of internal cyber risk. While many assume that cyber risk falls under an external threat from outside hackers, Control Risks have warned that danger can lurk within any organisation. Jason...
Construction Law Review - July See below our Construction Law Review selected from AR Conolly’s Daily Bulletins covering Insurance, Banking, Construction & Government.[vc_row][vc_column width='1/2']Illawarra Retirement Trust v Denham Constructions Pty Ltd [2015] NSWSC 823 Supreme Court of New South Wales Darke J Security of payments - plaintiff sought injunctive relief restraining defendant from...
Short term letting, long term headache The issue about short term letting has been an ongoing problem for owners corporations and body corporates for many year. Common causes of conflict are: Lots being use as backpacker accommodation Lots being used for short term holiday accommodation Lots being...
CRM Brokers is now certified a 'Strata Services Company Specialist' by the Strata Community Association (SCA). Click here to see our Certificate. CRM Brokers' Strata Division engages specialist strata brokers whose main function is to deal solely with all things strata. Our in-house Claims team ensures we...
Floating Floors In a strata scheme, the building in question may accommodate a wide variety of people who give their unit those individual touches. Curtains get hung, plants are arranged, rugs are unrolled and favourite appliances get plugged in. A little renovating may also come into...
Legal Concerns Over Proposed Strata Office Bearers Liability Exclusion Among the various proposed changes to strata laws currently being mooted in NSW, the recommendation to add an exclusion of personal liability clause has the potential to cause considerable confusion and ongoing difficulties for both office bearers...
Understanding Earthworks Advantage Insurance With standard Construction Insurance, there are certain events related to earthworks that would be excluded under your policy. For example, because rain may be considered an ‘expected’ event (if normal for the area and time of year) you may not be covered...
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...
CHU Underwriting Agencies, one of Australia's leading strata insurance specialists, has launched the first specifically tailored insurance product designed for build to rent residential properties. A build to rent property is one where the owner, developer, managed investment trust, or another entity owns 100% of the...