Gallagher News and Insights

5 workplace mental health resolutions for 2021

21 January 2021

Self-care is key to returning to work after the holiday break, whether that’s from home or back in the office. Having control over your mind and the way you think helps you process the world and achieve wholeness in your life. Here we share 5 resolutions worth keeping, from Gallagher Bassett.

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New risks and heightened concerns for businesses seeking financial lines insurance

20 January 2021

Employment practices and growing concern around potential issues of staff working from home, along with factors surrounding employment disputes such as religious beliefs are new factors for consideration against a background of caution in relation to directors and officer’s liability insurance cover.

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Mergers and acquisitions outlook 2021: global trends report

18 January 2021

After a year of extraordinary conditions Gallagher has released its Global Mergers & Acquisitions Outlook Report, January 2021. Following 2019 when M&A insurance capacity expanded significantly to meet increased competition, providers were forced to reassess their positions and adapt rapidly by innovating their offerings to a reduced market. The report covers the key developments likely to...

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Work Safe judgement highlights dangers of DIY truck fleet maintenance

16 December 2020

A business owner’s attempt to contain costs by performing maintenance on his fleet of trucks sadly proved fatal for one of his drivers, earning him and another employee who assisted with the repairs the maximum penalties under Work Safe laws. The case is a cautionary lesson on the importance of following legal requirements in relation to critical work being performed by properly qualified...

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What your organisation can take away from key WHS statistics Australia 2019

11 December 2020

After a long downward trend in workplace fatalities Safe Work Australia’s Key Work Health and Safety Statistics, Australia 2020 has recorded an uptick for 2019 across all states, signalling the need for greater controls and caution. Here is a summary of some of the key findings, along with how our Gallagher Workplace Risk practice can help your business with safety management.

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Business Insurance & Risk Market update: insights for 2021

08 December 2020

After a year of challenges for the world when businesses have been forced to respond to the impact of COVID-19, we are now confronting a host of new considerations in what was already a cautious insurance market. In this edition of our bi-annual Business Insurance & Risk Market Update we look at the risks and opportunities that are emerging for 2021.

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Australia is under attack – are you ready?

03 December 2020

Australia is one of the world’s richest targets for cyber criminals, according to data cited by Serge Maillet, Head of Cyber Security for Siemens Digital Industries, when presenting at the recent Australian Cyber Security Week 2020. Gallagher’s own Head of Cyber/Technology Practice Leader Robyn Adcock attended to find out how businesses can protect themselves. Here are her key takeaways.

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Severe weather preparedness checklists for business: cyclones, floods, storms, bushfires

24 November 2020

Protect your business from severe weather events including fires with these precaution checklists to action ahead of a threat and guides for how to be prepared for emergency conditions.

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Prepare and protect your business against extreme weather and natural disasters

24 November 2020

Extreme weather events or natural disasters are a fact of life for Australian businesses all over the country. Either bushfires, cyclones, storms or heavy hail can affect many areas, causing threats to safety, damage to property and interruptions to transport, communications and business activities. It only makes sense to be prepared. Here’s our guidelines to some of the key essentials.

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Specialist jewellery insurance: do you need it?

20 November 2020

One size doesn’t fit all: signs you need specialist jewellery insurance

Specialist jewellers, like pearlers or artisan jewellers, regularly handle unique items and rare or valuable materials. This raises the amount of risk they’re exposed to as a business. Why? Because:

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Special Olympics and Gallagher partnership expands to regional markets

19 November 2020

Special Olympics, the global inclusion movement dedicated to empowering people with intellectual disabilities through sport, and Gallagher, a global insurance brokerage, risk management and consulting services firm, are expanding their partnership to include five regional markets across the globe to help scale Special Olympics sport and coach development programming at the community level. The...

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7 steps to securing optimal SME business insurance cover

12 November 2020

Obtaining the insurance cover your small to medium (SME) sized business needs on terms that you can meet can be challenging, especially when the insurance market is in a ‘hard’ cycle, driving higher premiums and reducing availability of cover. Tackling these challenges with a business insurance broker to work through these conditions will help you achieve the best possible outcome.

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Insurance for new class of small business insolvency practitioners

12 November 2020

Proposed legislation reforms to the Australian insolvency regime include the creation of a new class of practitioner: the Small Business Restructuring Practitioner (SBRP). The Gallagher Insolvency & Turnaround (Gallagher I&T) team has reviewed and updated our relevant bespoke insolvency insurance policies to take in to account the risks of this new professional model. Here’s a summary of the...

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Industrial special risks insurance plugs potential gaps in commercial property cover

10 November 2020

When disaster strikes isn’t the time to discover limitations in your commercial property insurance, especially if one event has triggered a cascade of further issues. But there is property insurance available to larger business operations that extends to consequential losses without the need to specify what they are: industrial special risks insurance. Here’s how it can plug gaps you might not...

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Industry report: 5 food production risks to address for business resilience

05 November 2020

Obtaining critical insurance protection has become increasingly challenging for food producers, who must manage multiple areas of risk in their operations and are facing stringent risk management expectations from insurers. Our industry insight addresses the key areas of risk management, detailed in this comprehensive report produced with the Gallagher Food Production practice.

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5 cases where management liability provided critical insurance for businesses

05 November 2020

Business owners and managers can be held responsible if an issue concerning the company becomes the subject of a legal action. This can involve costs in defending a case, and more if they are found liable, which is why management liability insurance offers critical risk support. Here we profile 5 cases where management liability insurance provided essential protection in a number of different...

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Commercial property risks: 4 fundamental areas that impact your risk profile

30 October 2020

In the current challenging market for obtaining insurance cover it’s an advantage to know how your commercial property risks might be viewed. This has direct bearing on how your risk profile is assessed so it’s worth getting ahead of the game by looking at your property through an insurer’s eyes. Here’s a quick guide to making a start.

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The local business insurance approach to meeting regional business needs

28 October 2020

Gallagher Branch Manager for Wagga Wagga Caleb Richards wants to help build up the perception of insurance brokers to being comparable to lawyers or accountants, and he’s putting in the yards to do it. Here’s how he approaches providing value to his regional community.

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Buyer and seller insurance for mitigating risks in mergers and acquisitions

27 October 2020

The impact of COVID-19 on global economies and Australia has brought a marked reduction in business mergers and acquisitions (M&A), but that isn’t universal, according to a recent study by Deloitte. A survey of leading local dealmakers and 60 corporate heads of M&A identified a number of businesses are poised to take advantage of opportunities for sales, but the need for caution is paramount.

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What 2020-21 Budget provisions mean for your business

22 October 2020

The 2020-21 Federal Budget focuses on supporting Australia’s recovery from our biggest economic reverse since 1959. In addition to providing tax relief for individuals the Federal Government has announced a number of proposed measures to provide incentives for employers to hire and invest. Here we review the implications for Australian businesses.

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