Bizcover

Bizcover Archives

extreme weather

Extreme weather poses increasing threat to SMEs, prompting insurance warning

Severe weather insurance claims for small businesses surged as storms, fires and power outages drove rising costs.
flood, disruptions

Jump in claims caused by severe weather reveals the threat it poses to small businesses

The research found that severe weather-related claims jumped from 9.5 per cent of all claims in FY2023 to 16.8 per cent ...
Business man is standing in the flooded office

Is your small business covered for floods?

With more rain in the forecast, small businesses may want to check if their policies cover flood damage.
insurance management, insurance companies

Small businesses warned over underinsurance ahead of summer

"For many small-business owners, underinsurance could mean the difference between staying in business or being forced to...
holiday

Small businesses urged to be aware of risks associated with holiday sales boost

Small businesses sending out a large number of orders during Christmas time should consider insurance for goods in trans...
data privacy, protect, procurement, digital defences

Launch of first small-business cyber safety certification welcomed

An initiative of COSBOA with the Commonwealth Bank and Telstra, the Cyber Wardens pilot program will help upskill small-...
business insurance, premiums

Small businesses warned over inadequate insurance coverage

With inflation and the cost of claims rising, insurers are pointing out that it's become even more crucial to regularly ...
2016 Budget tax breaks

Federal Budget tipped to bolster growth for small businesses

While business tax breaks cannot adequately address complex global challenges, they could potentially relieve some cashf...