Gallagher News and Insights

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.

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.

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...

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.

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...

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...

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.

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...

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.

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.

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.

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.

2020 has certainly been a challenging year in so many ways. The Gallagher Insolvency & Turnaround (Gallagher I&T) team understands the immediate impact to the insolvency profession from the Federal Government’s insolvent trading relief being extended to the end of 2020 along with the proposed legislation reforms to the insolvency regime. Here’s how we’re preparing to support and assist our...

Like many, the insurance industry is facing hard market conditions, which follow tightening over a number of years, with significant constraint in insurer capacity and increases in premium pricing across many insurance classes. Businesses seeking renewed or expanded insurance cover are experiencing the challenges of this demanding insurance climate. Our placement experts and insurance sector...

Delivery scooter to full fleet, van to ute with all the gear: the way that vehicles are used for business are as varied as the people who drive them. Whether you’re a tradie with a built-in tool chest or a business running a sales fleet of branded sedans, you need insurance for your business vehicles.

Employers are urged to protect employee wellbeing as Australia's economic crisis deepens. More than half of the country's 12 million workers received no support from their employer during the first wave of the coronavirus pandemic, despite having to adjust to major changes in their workplace, new research reveals.

At 27 the principal of a construction company he had built up since he graduated as an apprentice was a complete success. His business had grown from one employee to 26, his turnover from $250,000 a year to $10 million. Every year he simply renewed his online small business package – until his personal insurance broker offered a review of his business insurance cover.

Australian organisations have been put on notice that they are the target of sustained cyber attacks by hostile attackers. The Australian government is officially warning all businesses to increase their cyber security risk management. Having cyber insurance is part of this, but preventative measures are also critical. Through our partnerships Gallagher can help with cyber security services to...

In response to identified workplace issues and shortfalls in safety standards this busy product manufacturing business of household cleaning products more than halved the number of claims and days lost due to injury through adopting a preventative program and following the Gallagher Workplace Risk team’s advice.

For businesses reopening locations around COVID-19 changes in Australia, managers must first focus on the obvious priorities of health, safety and core day-to-day operations, and cybersecurity concerns may be among the next group of issues to be addressed. The usual dynamic balance between IT operational priorities and cyber security safeguards may be tested in an already challenging and...