By Simon Keir, Westlawn Senior Insurance Specialist 22 February 2017 What would happen to your business if you got sick and couldn’t make it into work for a week? What if you were injured and out of action for a month? Or, worse still, 6 months? How long would your business survive?
By Chris Dougherty, General Manager, Westlawn Insurance 23 January 2017 What are the biggest risks facing Australian businesses in 2017? Global insurance company, Allianz, has just released its annual Allianz Risk Barometer for 2017.
The bungled 60 Minutes child abduction attempt on a suburban Beirut street last month illustrates just how easily things can suddenly and unexpectedly go wrong for a company and how senior management can suddenly find themselves in hot water. On 30 April, The Australian newspaper reported on the legal problems facing the Nine Network and its senior management in […]
The results of a recent survey of over 1,500 business owners is cause for some concern. The Vero SME Insurance Index 2016 has found that many businesses are not necessarily covered for the risks that keep their owners awake at night. There also appears to be some common misconceptions about exactly what coverage businesses do have. What […]
Australian businesses have almost $125 billion tied up in the ownership of assets. And this is having a negative impact on the majority of small and medium sized businesses. That’s according to Alleasing’s latest Equipment Demand Index. In a media release on 27 January 2016, Alleasing reported that this latest research has found that the average percentage […]
By Chris Dougherty, General Manager, Westlawn Insurance Managing risk is a key component to the ongoing survival and success of any businessl. To manage risks effectively, your business needs to develop and implement a comprehensive risk management plan.
Many of Australia’s small and medium enterprises (SMEs) are at risk of missing out on the vital funding necessary to grow their business because they’re not properly prepared when approaching a lender, new research finds. Here, we share some important tips to help you avoid the common mistakes many businesses make when seeking finance. State […]
With Australia’s 2 million small and medium-sized businesses making up more than 95% of all businesses in Australia (employing around 70% of the country’s workforce) the importance of SMEs to the Australian economy is clear. With the important role SMEs collectively play in the Australian economy, it’s vital therefore that individually, small and medium-sized businesses […]
Today, many self-employed operators, small businesses and organisations require specialist equipment and the latest technology to operate efficiently and to effectively compete in the marketplace. While this equipment can be expensive to purchase upfront, it often depreciates in value quickly and becomes obsolete in just a few years. Therefore, using your own capital or borrowed […]
