If you have a bad debt of $120,000 and work on a margin of 5%, then you need to generate $2,400,000 of sales to make up the lost profit.
Increasing claims and more aggressive laws covering directors are making management liability insurance a must-have policy.
Business income (BI) insurance looks at the level your business was trading at before an event that forces closure (such as a flood or bush fire) and can cover the resultant financial gap.
Before you can build a business continuity plan, you need to have a good understanding about the risks facing your business. Many of your stakeholders may already assume that your business has a complex risk management process already in place, and they expect leaders to actively identify, assess, monitor and manage risks.
No one knows more than you how much time you have devoted to building your business - but what happens if you, or a partner, are not around to run it? Illness and accidental injuries are unpredictable events, and no matter what careful steps you take to minimise the chance of them occurring – you cannot eliminate them. When the business owner or manager is suddenly unable to either earn an...
From time to time, the media bursts with the latest infectious disease outbreak, from food poisoning to ebola.
ITASCA, Ill., March 9, 2015: Arthur J. Gallagher & Co. (NYSE: AJG) announces that it has once again been recognized as a World's Most Ethical Company® by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices.
Brisbane, 4 March 2015 - A key partnership has been announced between the Queensland Tourism Industry Council (QTIC), the state’s peak industry body for tourism, and Gallagher, one of the world’s largest risk management and insurance broking firms.
From time to time, the media bursts with the latest infectious disease outbreak, from food poisoning to ebola. It’s a timely reminder that in these situations, you should review your insurance cover as it affects your directors and management team’s responsibilities to your employees.
Court rulings on cases in relation to 'hold harmless' clauses seem to be plaguing recruiter contracts, sparking much discussion in the recruitment, on-hire and contracting sector.
5 December 2014, Sydney – Gallagher has today announced the acquisition of Blue Holdings Group (Blue) incorporating the Blue Broking and Blue insolvency businesses.
2 December 2014, Sydney – Following yesterday’s announcement of the expansion of the Gallagher brand across Australia, the organisation has today announced the acquisition of Instrat Insurance Brokers Pty Ltd (Instrat), located in Clayton, Victoria.
In the event of a catastrophe, insurers may be inundated and response times may be slower than usual. It is important to lodge the claim as soon as possible.
WorkCover NSW has recently announced changes to their licenced scheme agents list. If you have even one employee in New South Wales, these changes could affect your organisation.