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Business Insurance Articles

Navigating Cyber Threats: Essential Cyber Insurance for Your Start-up
Navigating Cyber Threats: Essential Cyber Insurance for Your Start-up
Starting a new business venture is an exciting endeavor, but amid the myriad decisions start-up founders face, one must not overlook the importance of insurance. In today's digital-first world, the potential for cyber threats is a reality that can no longer be ignored by businesses of any size or sector, especially start-ups aiming to secure their future. - read more
The Importance of Cyber Security: Protecting Your Small Business
The Importance of Cyber Security: Protecting Your Small Business
Cyber security refers to the practices and technologies designed to protect computers, networks, programs, and data from unauthorized access, attacks, or damage. It's a crucial aspect of modern business operations, and understanding its importance is vital for all businesses, especially small ones. - read more
Common Insurance Mistakes Small Business Owners Should Avoid
Common Insurance Mistakes Small Business Owners Should Avoid
Running a small business in Australia comes with its unique set of challenges and risks. One crucial aspect that every small business owner must consider is liability insurance. Liability insurance is designed to protect businesses from various claims and lawsuits that can arise in the course of their operations. Whether it's a customer slipping and falling in a store or a disgruntled employee filing a lawsuit, having the right insurance can provide a financial safety net. - read more
How to Customize Your Business Insurance to Fit Your Company’s Needs
How to Customize Your Business Insurance to Fit Your Company’s Needs
Business insurance is a type of coverage that protects your company from financial losses that may occur during regular operations. These losses could be due to a variety of risks like property damage, legal liability, or employee-related incidents. - read more
How to Choose the Right Insurance for Your Australian Retail Business
How to Choose the Right Insurance for Your Australian Retail Business
Running a retail business can be a risky endeavor. While you can minimize some of those risks with careful planning and management, you cannot eliminate them entirely. This is where insurance comes in. Having the right kind and amount of insurance coverage can make all the difference in protecting your business from financial loss, should the unthinkable happen. - read more

Insurance News

Javln Strengthens Australian Market Position with Organiseit Acquisition
Javln Strengthens Australian Market Position with Organiseit Acquisition
01 Apr 2026: Paige Estritori
In a strategic move to bolster its presence in the Australian insurance sector, New Zealand-based insurtech company Javln has acquired Organiseit, a prominent Australian document management system provider. This acquisition follows Javln's successful $6 million capital raise in October, earmarked for accelerating its growth strategy and expanding its footprint in Australia. - read more
Insurance Council Declares Catastrophe as Victoria Bushfires Intensify
Insurance Council Declares Catastrophe as Victoria Bushfires Intensify
01 Apr 2026: Paige Estritori
The Insurance Council of Australia (ICA) has declared an insurance catastrophe in response to the escalating bushfires across Victoria, underscoring the profound impact of climate change on the nation's insurance landscape. Since January 7, bushfires have ravaged over 400,000 hectares of land, leading to a surge in insurance claims and raising alarms about the increasing frequency and severity of such events. - read more
ASIC Takes Legal Action Against Budget Direct for Alleged Misleading Discounts
ASIC Takes Legal Action Against Budget Direct for Alleged Misleading Discounts
01 Apr 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings against Auto & General, the parent company of Budget Direct, alleging that the insurer engaged in misleading conduct regarding promised discounts to customers. The case centers on claims that tens of thousands of Budget Direct policyholders were overcharged premiums over several years due to the withdrawal of discounts that had been previously offered. - read more
IAG's Strategic Expansion: 90% Acquisition of RACQ Insurance
IAG's Strategic Expansion: 90% Acquisition of RACQ Insurance
24 Mar 2026: Paige Estritori
Insurance Australia Group (IAG) has announced the acquisition of a 90% stake in RACQ Insurance for $855 million. This strategic move is expected to bolster IAG's gross written premiums by approximately $1.3 billion, reinforcing its position in the Australian insurance market. - read more
Suncorp's Impressive 89% Profit Increase in H1 2025
Suncorp's Impressive 89% Profit Increase in H1 2025
24 Mar 2026: Paige Estritori
Suncorp Group has reported a remarkable 89% increase in net profit for the first half of 2025, with earnings per share reaching A$86.56. This substantial growth reflects the company's strong performance in the Australian insurance sector. - read more

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Coinsurance:
A percentage of the cost of a covered healthcare service that you pay after you have paid your deductible.