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 Understand Insurance the Insurance Council of Australia provides a guide about what insurance is about.

NAS Insurance Brokers - we are proud to be authorised representatives of National Advisory Systems Pty Ltd. Visit to here to learn all about them. 

Australian Prudential Regulation Authority supervises the financial solvency of all Australian licenced insurers. Visit here to check the security of your insurer.

The Australian Institute of Insurance and Finance The institute that is an Insurance Knowledge and Education Resource

The Insurance Council of Australia Valuable Information about Risks and Insurers in Australia

National Insurance Brokers Association The Industry Association for Insurance Brokers

Australian Insurance Law Association Where Insurance Law knowledge is share and discussed.

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Lloyds in Australia We use underwriting agencies that place their insurance with Lloyds. This is why they are approved.

Rostrum in Queensland The Public Speakers group providing valuable training and practices to all those wishing to develop public speaking skills. 

Rotary Club of Windsor Inc Robert Cooper is a proud member and President of this club which is part of Rotary District 9600

The General Insurance Company code of Practice See the voluntary code that Insurers have promised to abide by.

Latest News

Ransomware a threat

You sit down at your computer to check your email. It is Christmas time and you are getting notes from many different delivery companies saying that a package was unable to be delivered to your home. Please click on the reply button (link) to advise where or when the parcel can be redelivered.

It looks authentic, you have no reason to believe that it simply advice about collecting yet another parcel in time for Christmas. The company named is well known and reputable. Admittedly the email address looks a little strange. However, you also know there are many new domain names and extensions now, You click on the reply button…

Before you know it, your computer has downloaded a version of “Crypto-locker”. Your first thought is that expensive Anti-Virus software should have picked it up, but they can only pick up viruses they know about. This brand new release of “Crypto-locker has locked up your screen and is demanded $1,000 worth of “Bitcoin”. What the hell is Bitcoin?

The fact is Australian businesses are increasingly at risk of attack by malicious ransomware software. Hackers have moved on from targetting government and banks, and are now going after small targets on a wide scale.

They are setting small amounts because small business works out that it is cheaper to pay the Ransom than hire an IT expert to fix up the problem.

Ransomware is software that infects a user's computer or network, locking access to files until a sum of money is paid. Crypto-locker is an example.

For now, Cyber Risk Insurance is available and if your Insurance Broker or Adviser has not yet discussed this with you, then contact us.

This is a real threat to your business, can affect your income and Brand reputation. Just like other Liability policies, you should not take the risk un-insured because it can wreck a business.

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Above-average cyclone season looms

Insurers should brace for an above-average cyclone season due to weakening La Nina conditions in the Pacific Ocean and warmer than average sea temperatures to the north and east, according to the Bureau of Meteorology.

The cyclone season begins next month and ends in April.

The bureau says Australia has a 67% chance of an above-average season, while the west has a 59% chance, the northwest 63%, the north 56% and the east 58%.

In neutral years the first tropical cyclone to make landfall typically occurs in late December, while in La Nina years it usually hits in the first week of December, the bureau says.

Insurance Council of Australia spokesman Campbell Fuller says even an average cyclone season – consisting of 11 events, four of which make landfall – can be devastating.

“An above-average year could bring many more than that, and each one has the potential to cause catastrophic damage if it crosses the coast in a heavily populated area,” he said.

As reported by insurancenews.com.au

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