Organise a CPR Presentation

CPR Insurance Services are able to provide a range of presentations on a number of important topics for business. We come to your office or your preferred location to present. We do this usually for no charge and for the contribution of education and knowledge to assist any group or business.

The subjects include:

  • Under-insurance – Whats the point?
  • Basic Risk Management – Thinking for your business.
  • Management Liability – risks to small to medium business
  • Association Liability – not for profit organisations are exposed
  • Directors & Officers Liability – Why do you need it
  • Professional Indemnity Insurance – number one protection
  • Liability Insurance – because it could be your fault

However, if there is a specific subject you would like presented to you, we are able to provide if it falls within our current expertise which is most areas of General Insurance.

Our core presentations are summarised as follows:

Underinsurance – What’s the point?

Under insurance of property or risk may be accidental or may be used to save money, but is it worth it?  What actually is it? Why do people under-insure? Why does it matter? The fact is, not insuring for the full indemnity or replacement value can be extremely costly, perhaps even wiping out a business. We go through different examples of areas of under-insurance, its impact and why Under Insurance should be avoided for any business.

Basic Risk Management – Thinking for your business

Managing Risks is an essential part of any modern business. Insurance is only one aspect of this (called Risk Transfer), but there are many other ways including:

  • Loss Control - minimising the risk as much as reasonably and financially possible
  • Risk Avoidance - not becoming involved with such risks at all.
  • Risk Financing - provisioning funds to manage potential risks
  • Risk Transfer - transferring the risk away contractually such as using risk carriers such as insurers,  or contractual conditions

We discuss the basics behind managing risk in a small business with some practical examples using these basic principals.

Management Liability – risks to small to medium businesses

If you run a small business, there are many exposures with simply managing it that you should be aware of and it is possible to have insurance protection for. Simply you have a duty of care owed to your employees, creditors, government agencies, competitors and shareholders. We discuss what these risks are and how you as a Director or Officer can be personally liable for various types of “wrongful acts” in simply trying to run a business.

Association Liability Insurance – not for profit organisations are exposed

Not for profit organisations have very similar exposures to Management Liability but instead there is no profit making incentive in the decisions Boards or Committees of Associations make. However they also owe a duty of care to many stakeholders. They are usually volunteers with their primary motivation to follow the vision of their Organisation but at the same time could risk losing their own home for making decisions on their behalf. They deserve protection for volunteering their time and yet risk being sued by a disgruntled member, or any other stakeholder.

We discuss why office bearers have this exposure and how there is a solution available with Insurance cover.

Directors & Officers Liability Insurance – Why do you need it?

Directors' and Officers' insurance compensates directors and officers for loss, including legal costs, where they have committed a 'wrongful act' while carrying out their role as managers of the corporate entity. Mainly taken by Public Corporations where their Directors understand the risks and insist upon the protection before accepting a Board position, it is still a subject of interest that can reviewed and discussed once again with this presentation.

 

Professional Indemnity Insurance – Number One Protection

The most important cover for a professional person is discussed here with a presentation from one of the most knowledgeable Insurance Brokers on the subject. Robert Cooper has long been regarded as an expert in Professional Indemnity Insurance and this presentation makes it simple to understand what can be a very confusing and complex cover. Understand why as a Professional you have a duty of care, traps and tips for policy holders, and why it is quite likely you do not have enough cover.

Liability Insurance – because it could be your fault

Liability cover encompasses a wide area. We mainly know about Public Liability and Products Liability, but don’t forget other liability covers such as Employment Practices Liability, Cyber Risk Liability, Management Liability, Professional Indemnity and Directors & Officers Liability. What is claims made insurance and why are some policies “loss occurring” policies? Why is a failure to take this cover a risk of bankruptcy to your business. What is vicarious liability?  Why are certain matters not covered? How much do I need to cover my business for?

We discuss all these issues in a simple and easy to understand format in a presentation catering for interactive discussion so that all your questions are answered.

 

So if you are looking for a presentation for your business or organisation, for 20 minutes, 30 minutes or up to 60 minutes, so that you can increase the knowledge of yourself or your colleagues, give us a call on 07 31231137 or 0439 530 910.

CPR Insurance – Experts who will save you!

  

Latest News

Summer catastrophe bill over $500 million

Insured losses for the four catastrophes declared over summer have gone above $550 million, according to the Insurance Council of Australia. 

There was a bit of a “sharp rise in value” of losses with the Great Ocean road bushfires that hit Victoria over Christmas. Insured losses from the Victorian bushfires now stand at $110 million from 527 claims, compared with $88 million one month ago. Rob Whelan, CEO of the ICA, said that the clean-up operation in the state is well underway with at least 15 sites cleaned up so far by contractors. Insurers can only commence rebuilding once each site has been cleared of debris, including asbestos.  Also the extremely steep terrain is presenting significant challenges, but insurers are determined to rebuild homes in the shortest time possible once the design and planning approval process is completed.  

read more

Hot summer leads to more claims

Insurance claims have so far exceeded $515 million this summer. Unfortunately they are likely to increase further as the country continues to deal with bushfires and severe storms. The Insurance Council of Australia (ICA) said the figure is made up from four catastrophes. These include three major bushfires in Pinery in South Australia, Victoria's Great Ocean Road and in Yarloop in Western Australia. Then there was also the Sydney storms and tornado in December.  Insurers were expecting this to be a highly dangerous summer. The predictions were for a heightened bushfire risk in exactly the areas that have suffered bushfires. It is still only the middle of  summer. The world has also experienced the hottest year on record since 1880. With more evaporation of land and oceans, combined with more mositure in the atmosphere creating more storm activity and then a greater volume being dumped somewhere else on the planet, it is unlikely these events will reduce into the future.

read more