... 't become a statistic. Stay cyber savvy by understanding the impact ... ... in Australia:
Believe it or not but cyber-crime costs Australian businesses $4.5 billion annually ... how easily a breach can happen.
Cyber Liability insurance can provide financial protection by covering: ...
read more
... . Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime , cyber extortion/ransomware and business interruption due to ...
read more
... is too small to attract cyber criminals. Yet, when it comes ... to cyber theft, size doesn't matter ... . Businesses are increasingly vulnerable ... just as vulnerable to cyber crime, with almost 30% of Australian businesses experiencing a cyber attack of some form ... for the breach of privacy.
This is why cyber insurance should be an important part of your risk ...
read more
It may have taken some time for the reality to hit, but the wider public is now starting to realise that hackers aren't just fictional brooding movie villains - they ... AS A FIREWALL
While prevention is the simplest way to minimise the chance of a cyber-attack occurring, Cyber Liability insurance will help to reduce subsequent damage to your business by covering the expenses and ...
read more
... is the Notifiable Data Breaches Scheme?
What to do in the event of a cyber attack or data breach
What is Cyber Liability Insurance and why do small businesses need it?
Download the White Paper Now
Did ...
read more
... have become a target for cyber criminals, but there are simple ... managing director Michael Gottlieb explains. Cyber crime is one of the fastest ... against fire, flood and theft.
The poor take up of cyber insurance in Australia is startling, especially when you consider the fact globally the cost of cyber-crime is estimated to be $388 billion annually, and the ...
read more
In Part 2 of our cyber risk series, we take a ... from a cyberattack. We also explain what Cyber Liability insurance is and ... security ...
Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber – crime, cyber extortion/ransomware and business interruption due ...
read more
... piece of our Business Insurance for the self-employed ... Accident and Illness insurance and Cyber Liability insurance. We share the ... .
Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to ...
read more
... , and that's where business insurance can help save the day ... ... can provide valuable protection for your retail business from cyber crime attacks.
Cyber liability insurance is a type of business insurance product, which protects your business against both the legal ...
read more
... yourself and your company with insurance is a smart investment. Land ... ... covered. Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to ...
read more
... about what kinds of business insurance coverage you may need to ... ... covered. Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to ...
read more
... the appropriate types of business insurance. [] ... . Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber – crime, cyber extortion/ransomware and business interruption due to ...
read more
... covered. Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to ...
read more
... covered. Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to ...
read more
... . Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime , cyber extortion/ransomware and business interruption due to ...
read more
... loss or release of customer personal information, cyber crime , cyber extortion/ransomware and business interruption due to a cyber event.
* As with any insurance, cover will be subject to the terms ...
read more
... covered. Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to ...
read more
Running a business can be rewarding, challenging but also stressful. While you will are taking control of your earning potential and the upside can be great, there are ... all resulted in a significant impact in cost, time and disrupted focus occurred.
The cyber crime is on the rise, cyber insurance may be required
Many small businesses think their business is too small to attract ...
read more
This week is Stay Smart Online Week; a government initiative that aims to reverse the threat of cybercrime. Small businesses are some of the biggest growing targets ... cyber insurance ... cyber-security/new-data-breach-trends-small-business-identity-records-now-target-1-for-hackers/
[4] Ibid.
[5] Ibid.
[6] https://www.smartcompany.com.au/finance/fraud/cyber-crime-stay-ahead ...
read more
... at the common types of cyber risks that SMEs face and ... with potential scams. Types of cyber risks Cybercrime Spotting [] ... through BizCover. We offer a range of business insurance options to suit your business needs, including Cyber Liability insurance * .
Cyber Liability insurance * is designed to help protect you from ...
read more
... small business owners working remotely cyber-crime. Small business owners and staff ... becoming a victim and how Cyber Liability insurance< ... with defending a cyber claim are also covered.
Cyber Liability insurance can assist with inadvertent loss or release of a customer 's personal information, cyber-crime, cyber extortion/ransomware and ...
read more
... the prime time for prowling cyber criminals to attack. This is ... ... Cyber Liability insurance can be a valuable tool in protecting your business.
What is Cyber Liability insurance cover?
Cyber ... an online form to report the crime through https://www.scamwatch.gov.au/report ...
read more
After months of being in COVID-19 lockdown, restrictions are beginning to ease and businesses are slowly starting to head back to normality. It will take time and patience ... , 000 in losses since the outbreak of the virus.
Small businesses are not immune from cyber-crime and Cyber Liability insurance ca n be a wise choice when it comes to protecting your business online ...
read more
... for a data breach, something your business can do without. This is where Cyber Liability insurance* can help.
Cyber Liability insurance is designed to help protect your gift shop business from claims and support your ...
read more
When it comes to running a small business, your brand and its reputation are priceless. No doubt you've spent countless hours establishing your name by building strong ... are aimed at SME's (Dual Australia, 2018). If your business were to be the victim of a cyber attack, Cyber Liability insurance is there to help by providing coverage for expenses and legal costs (which can add up very ...
read more
The career of an architect is an exciting one, yet it's not one without risk. From the ground up, your responsibilities are skyscraper high. Beginning with the first ... SME's., yet is one of the least insured policy areas – don't become a statistic. [i]
Cyber Liability insurance provides essential financial protection if your system is hacked or you suffer a data breach by covering ...
read more
... consider the appropriate kinds of insurance you may require to keep ... ... or it was s tolen or hacked could be devastating. Get peace of mind with Cyber Liability insurance .
Cyber Liability insurance is designed to help protect you from claims and support your profitability in the ...
read more
When looking for Business Insurance, most small business owners typically ... ... if you store sensitive information about your employees or clients you're an exceptionally prime target.
Cyber Liability insurance is a 'must have' policy for all kinds of businesses that have an online presence. And ...
read more
... is Small Business Insurance. But what kind of insurance do you actually ... ... business, not to mention the damage it can cause to your reputation.
Cyber Liability Insurance explained.
Tax Audit Insurance
With an increase in the number of small businesses being subjected to random ...
read more
... are the victims of a cyber [] ... In this case, the restaurant was covered and the crime section of their policy covered them.
Business Insurance cover options such as Management Liability and Cyber Liability are little known but have the potential to ...
read more
...
Take the time to consider the client data you are storing and the potential consequences if it were compromised. Cyber Liability insurance could help protect you from claims and support your finances in the event of a ...
read more
... business caused by an insured event (such as fire).
Cyber Liability*
Small retail businesses are an easy target for cyber criminals. Cyber Liability insurance helps to protect you from claims and supports your ...
read more
... information about your clients, whether its details about their personal health or billing information. Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a ...
read more
... the client data you are storing and if there was a breach of confidentiality by your system being hacked. Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a ...
read more
... client data or personal information you may be storing and the consequences if it were to be compromised. Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a ...
read more
... which can result in personal liability for alleged or actual wrongdoing.
Cyber Liability Insurance *
Cyber Liability insurance helps to protect you from claims and supports your profitability in the ...
read more
... for the costs of accountants and other nominated professional fees incurred in the course of an audit.
Cyber Insurance*
As a restaurant owner your exposure could be at the payment desk - with your EFTPOS machine ...
read more
... Consider the client and candidate data you are storing and the consequences if it were to be compromised. Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a ...
read more
Sometimes it takes extraordinary circumstances to take the leap of faith to start your own home-based business. The COVID-19 pandemic has made this an option for many ... due to malicious damage or some other defined event listed in the policy.
Cyber Liability * : Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of ...
read more
The holiday season is upon us, which is an important time for retail businesses. It can provide a much needed boost in sales, but on the flip side it can also mean an ... criminals however, are always finding new sophisticated ways to access systems and data. Therefore, a Cyber Liability insurance policy can act as your safety net against data breaches after being hacked or having your ...
read more
Your business might pride itself on great service or friendly staff, but your success is really built on the trust your customers have in you. After all, when they hand ... team members know how to handle a security breach, the crime will be easier to pin down. It's all ... for any potential costs.
For example, Cyber Liability Insurance covers your business against the expenses associated ...
read more
... most common issues with Business Insurance is that policy owners often ... ... % of your income (up to $3,000 per week) until you can work again.
Cyber Liability Insurance – Cyber Liability Insurance protects against the expenses and legal costs of data breaches or hacking, including the loss ...
read more
The only strategy that is guaranteed to fail is not taking risks. Mark Zuckerberg There comes a time when every successful enterprise needs to ditch the baby steps ... operate your business at full capacity for a few days, a month or even a year.
Consider Cyber Liability insurance, especially if your business relies on a website or online activity. Malware is becoming more prevalent ...
read more
... had stored was compromised. The impact could be devastating to your business.
Cyber liability insurance is a type of business insurance product, which protects your business against both the legal costs and expenses ...
read more
... you may be storing and the severe consequences if it were compromised.
Cyber liability insurance is a type of business insurance product which protects your business against both the legal costs and expenses ...
read more
... , tax audit, employment practices and statutory liability risks.
Cyber Liability*
Cyber liability insurance is a type of business insurance product which protects your business against both the legal ...
read more
... agent was unable to run the business for 7 days whilst their data was being restored. Fortunately, they had Cyber insurance and were able to claim $7,440 to cover the cost of restoring the information and payment of the ...
read more
Its Privacy Awareness Week, and in recognition of our support weve outline a few ways that individuals and their businesses can keep their important information safe ... overwhelming it's worth considering cyber insurance for your business . Most cyber insurance policies will not only cover ... negotiations for information.
PWC Global Economic Crime Survey 2014; ABS - Count of ...
read more
What are the Real Costs to Australian Small Business? Small business owners tend to be juggling many balls - managing clients, cash flow, staff, stock and future planning ... from unexpected events or damage. If you have valuable or substantial assets you should insure them
Cyber Insurance - Protects your business against the expenses and legal costs associated with data breaches, being ...
read more
... and professionals and that's why our comprehensive insurance offerings include: Professional Indemnity, Public Liability, Business Insurance , Management Liability, Cyber Insurance and Tax Audit.
At BizCover, we are ...
read more
... event.
BizCover is proud to be the official insurance partner of the National Retail Association. Our product ... with cover for Personal Accident and Illness , Cyber Liability and Tax Audit .
Your Exclusive Discount ...
read more
... or possibly drain your assets.
Thankfully, Professional Indemnity insurance is there to give you peace of mind if ... be created in the course of your work.
Cyber Liability*
If you collect and store information about ...
read more
... to keep you busy day and night. Take the stress out of an ATO investigation with this insurance.
Cyber Insurance
As a restaurant owner your exposure could be at the payment desk - with your eftpos machine hacked ...
read more
... , or you damage your client's property.
Business Insurance*
Your clients are important, but so are your ... it is of action due to an insurable event.
Cyber Liability*
Consider the client data you are storing and ...
read more
... and your assets with business insurance. However, figuring out exactly what ... 's why a group of insurance industry [] ... of the more common types of cover include public liability, professional indemnity , cyber liability, business interruption and tax audit insurance . In many cases, businesses will need to mix and match ...
read more
Know you need business insurance but aren't sure how ... while and looking to buy insurance for the first time; there ... ... accidental damage, as well as financial loss for business interruption due to an insured event
Cyber Liability insurance protects businesses against the costs associated with data breaches, being hacked or the theft ...
read more
If your insurance is due for renewal or ... a health check of your insurance to ensure that if the ... ... personal assets against legal costs for allegations of mismanagement, misconduct or legislative breaches.
Cyber Insurance
Protection against the expenses and legal costs associated with data breaches, which may ...
read more
Buying any insurance, can be a confusing and ... to getting your Professional Indemnity Insurance, it can be even more ... ... 't understand the technical terms, speak to an insurance professional who can help you understand the meaning. ... risk to your business and may need to consider a cyber liability policy. It's important to look at the whole ...
read more
Latest Winner of Bizcover.com.au $60,000 'Small Business Buddy Program' Michelton resident Charlotte Hansen last week marked a major milestone when she went from cancer ... sized businesses buy Professional Indemnity, Public Liability, Business Insurance, Management Liability and now Cyber Insurance. BizCover provides multiple insurance quotes instantly online and the ability to select and ...
read more
Small Business Buddy Winner! Local QLD Business Selected in the $60,000 'Small Business Buddy Program' Woofwatchers, a local dog grooming and pet caring business is ... businesses buy Professional Indemnity , Public Liability , Business Insurance, Management Liability and now Cyber Insurance. BizCover provides multiple insurance quotes instantly online and the ability to select and ...
read more
... . BizCover remains the only commercial insurance business in the list of ... ... sized businesses buy Professional Indemnity, Public Liability, Business Insurance, Management Liability and now Cyber Insurance. BizCover provides multiple insurance quotes instantly online and the ability to select and ...
read more
... cover Could this happen to you?
What is Management Liability Insurance?*
Everyone loves a surprise, except when you are a ... alleging unfair dismissal or discrimination.
Crime – covers you against direct financial ...
read more
... . Whilst you've got the insurance to help you out, you ... ... your business and your bottom line. Whilst you've got the insurance to help you out, you'd ultimately rather avoid the ... valuables.
Lastly, if you are in a high crime area, consider using a private security service.
...
read more
... .com), a leading-edge online insurance model that connects independent professionals ... critical Professional Liability (E&O) insurance solutions ... revenues under 2.5 million dollars) have not had many alternatives when it came to buying business insurance. BizInsure has entered this space to satisfy the needs of this important and growing market; small business ...
read more
... of arranging your yoga teacher insurance go. As a yogi or ... business. Let us centre your insurance chakra by exploring some of ...
Breathe in, breathe out, and let a wave of calm wash over, letting the stress of arranging your yoga teacher insurance go. As a yogi or yogini, you don't have time to be worrying about having the right cover in ...
read more
... help your clients. Whether you a sole trader, contractor or carer possibly as part of the National Disability Insurance Scheme (NDIS), you could be exposed to risks which may result in a Professional Indemnity or Public ...
read more
... where having the right business insurance in place is vital. Let ... and outs of how business insurance can protect your interior design ... ... saves the day, by providing financial protection when you need it the most.
Personal Accident and Illness (PA) insurance covers you for loss of income if you were unable to work as a result of an injury or ...
read more
... wrong. This is where business insurance comes into play and should ... . The process of arranging your insurance can feel overwhelming at times . ... running , so without your business assets, how are you going to earn an income?
Having suitable business insurance in place can help safeguard your business for when things don't go to plan and for when ...
read more
Public liability insurance covers your business for losses ... . Failure in obtaining public liability insurance policy can expose a business ... ... damage to a third party as a result of your business' activities. Failure in obtaining public liability insurance policy can expose a business to a range of risks.
As a business, you will inevitably have interactions ...
read more
... advisable that you have professional insurance, which can also be referred ... to as professional indemnity insurance. Professionals are expected ... , which can be filed against them by their clients. It is advisable that you have general business insurance in order to protect you from financial losses caused by property damage or bodily injury. In addition to ...
read more
... to make Professional Indemnity Insurance simple (also known as ... errors and omissions insurance, PI or Professional Indemnity ... is Professional ... know if they are getting the best deal.
This is where BizCover steps in to satisfy your Professional Indemnity Insurance needs. BizCover allows you to get live online quotes in under 2 minutes , and purchase in only ...
read more
... price increases in the business insurance market, SMEs are continuing to ... the cost of business insurance, the BizCover SME Insurance Price ... and Retail & Hospitality. Whilst all three groups saw have seen no increases in the overall prices for their insurance, there have been changes within product groups and industries. The Full Report can be viewed here . ...
read more
... expanded their general insurance offering to include business insurance, through a partnership ... , Australia's leading small business insurance ... with one of BizCover's trained consultants.
Mark Pangrazio, iSelect's Head of Commercial for Health & General Insurance, said the company was thrilled to be partnering with BizCover to assist it in focusing on the SME ...
read more
... you have the right business insurance. When it comes to insuring ... ... can do to help prevent your business from crumbling if a disaster was to strike?
Fortunately, there's an insurance policy for that!
With a whole menu full of cover for your business, you can find protection for your ...
read more
... , that's when your business insurance comes into play. We've ... ... you delivering on projects . W hen things don't go to plan, that's when your business insurance comes into play.
We've put this simple guide together to help graphic designers get a better understanding ...
read more
... clients buck the trend of insurance price hikes. Whilst the Australian ... the availability and pricing of insurance for SMEs, BizCover can report ... there were some clear winners and some losers. The Full Report can be viewed here: SME Insurance Price Index
Public Liability insurance is an essential cover for SME's and one that most can't afford to operate without ...
read more
... the most common types of insurances for tradies, but do you ... and outs of Public Liability insurance and what you need to ... . So what is Public ... go plan.
As a tradie, it can even be a contractual requirement that you have Public Liability insurance in place well before picking up the tools and putting boots on site. Always check the level of ...
read more
... in the world of business insurance, it can feel like you ... guide on all things Business Insurance for the self-employed. In ... back to basics ... to suit your business and protect it from potential risks . A way to look at what business insurance options your business may need is by gauging what you couldn't afford to be without.
These are ...
read more
Navigating the world of business insurance can be confusing which is ... created a guide to business insurance for the self-employed that ... and outs ... we've made it our mission to make it a bit easier . We've created a guide to business insurance for the self-employed that profil es the main types of cover to consider and how it can protect ...
read more
... are a variety of business insurance [] ... s, even if it is a home-based operation.
Market stall-holders – A minimum level of Public Liability insurance is often required when having a stall at a market. I f you are selling products you have ...
read more
More larger businesses with simple insurance needs are using BizCover for ... their insurance, while smaller businesses benefit from ... this quarter ... Retail & Hospitality. Whilst all three groups have experienced no increases in the overall price of their insurance, there have been changes within product groups and industries. The Full Report can be viewed here: SME ...
read more
... reductions on their Public Liability insurance, while prices have remained steady ... ... its highest in five years and transport costs increasing steadily. The increase did not affect the cost of insurance for small businesses on the BizCover platform as prices dropped to the lowest point in 24 months.
The ...
read more
... the right kind of business insurances in place. Regardless [] ... ... contract or as a condition of entry to a worksite. If so, make sure you have your Public Liability insurance policy sorted before you pick up the tools and that you have the right level of cover required.
What can ...
read more
... a professional, considering Professional Indemnity insurance to protect* you and your ... ... Policies for Civil Engineers
When it comes to insuring civil engineers, there's no one size fits all insurance solution because every business is different and no two businesses are the same. Each business has its own ...
read more
... Professional Indemnity and Public Liability insurance. #1 Protection against claims of ... ... modality/modalities, with a minimum of $2 million coverage (each claim). You must show proof of your insurance by providing a copy of your policy or certificate of currency, including the modalities covered and insured ...
read more
Getting the insurance sorted for your small business ... , compare quotes and buy the insurance that suits your business. But ... not know about small ... to review and update your coverage every year. No doubt your business is on the move and changing and so your insurance needs will also be changing and you'll want to make sure you have a policy that covers your business ...
read more
... 'What limit of Professional Indemnity insurance do I need?' While this ... ... a good idea to contact the association and check whether there is a minimum limit of Professional Indemnity Insurance you are required to maintain to comply with their compliance requirements.
They may also be able to ...
read more
... by not having the right insurance in place? Read on to ... ... victim and still be able to survive financially?
Many contracts will require you to have your own Public Liability insurance before you even step foot on site. Make you sure you arrange your cover with the right limits ...
read more
... of a Professional Indemnity (PI) insurance policy is calculated and why ... the cost of Professional Indemnity insurance. Insurance policy pricing ... excessive increase in the premium. For example, looking at the data of almost 5,000 BizCover customers with PI insurance during the 2016/17 financial year, the average monthly cost for a policy with $2 million of cover ...
read more
... a third-party 's property or if your baking tools were to be stolen.
This is where business insurance comes into play and provid es the peace of mind you need with cover that can protect ...
read more
... errors, breaches of privacy and investigations/actions brought by AHPRA and other regulatory bodies.
Public Liability insurance * is another type of cover likely to be relevant for pharmacy owners . It is ...
read more
Public Liability insurance. It's one of those ... ... .
Understanding the nitty-gritty can save you in the long run, so don't be afraid to ask your insurance agent what certain features and benefits are if you are unsure. At BizCover we want to make getting your ...
read more
BizCover's SME Insurance Price Index has unveiled a ... the COVID-19 pandemic with insurance rates remaining flat for a ... acquired from BizCover's ... year and fell a further seven per cent this quarter,” he said.
“Key sections of business pack insurance that are frequently used by retailers such Contents, Glass and Theft all showed noticeable price declines.
“The ...
read more
... your customers with Public Liability insurance. It offers protection should a ... ... and the policy features. There are many options for small business owners when it comes to shopping and choosing insurance policies. Gone are the days of having to ring around and wait for days for the brokers to get ...
read more
... The BizCover Small Business Insurance Price Index is indicating ... market for small business insurance continues to benefit from ... stability in ... driven by continued competition, as well as capacity in the market.
This has been the case across all insurance classes for small business, all of them seeing little change over the quarter, once again.
As forecast ...
read more
Insurers hold on to SME Insurance Premium Price Increases! Despite a ... BizCover Small Business Insurance Price Index has shown insurance rates ... Director of BizCover commented “While there is still an abundance of capacity and fierce competition in the insurance market, insurers have managed to hold onto their rate increases from last quarter. I suspect given the ...
read more
The Quarterly BizCover Small Business Insurance Index has shown that Australian ... enjoyed the end of declining insurance premiums with an increase ... of 5 points in the second quarter of FY2015/2016, the first increase seen in 10 quarters.
This brings the insurance rates back to the same level as Q4 2013/14 (6 quarters ago). It should be noted that rates are ...
read more
... Fernando for his certificates of insurance - it's just part ... ... cover option of public liability. Hish says his clients expect his business to be covered by professional indemnity insurance to ensure there is cover in place in the case of any potential legal action they may take ...
read more
... audited at the same time.
If you are running a business or filing tax returns you should consider Tax Audit insurance.
Could this happen to your business?
No-one ever knows when the ATO will conduct an audit of a ...
read more
... riskiest for you. Pick and choose the cover options that suit you best. And you can include Public Liability Insurance to ensure you are not financially responsible for the costs of a legal claim should a third party get ...
read more