You are here
Cybercrime – In the top 5 risks faced by Australian Business in 2015
Cybercrime costs the Australian economy over $1 billion annually. Cybercrime risk moved into the top 5 risks faced by Australian business in 2014 according to Allianz research; it wasn’t in the top ten in 2013.
Paris hears IAG's call for united front on disaster management
Greater collaboration among governments, insurers and other stakeholders is the key to building disaster-resilient communities, according to the IAG-led PSI Global Resilience Project.
CGU Steps in to save Tropfest
Famous short film Tropfest has been saved by eleventh-hour sponsor CGU Insurance.
The 22 year old event was cancelled last month due to what founder John Polson called a "terrible and irresponsible mismanagement of funds".
How would you like to pay for that? Cash, credit or bitcoins?
While the use of Bitcoin may not presently be widely accepted like cash or electronic funds transfers, it is undeniable that the interest and market opportunities for bitcoin are rapidly increasing.
How Private is that connected car?
Among the fastest growing sectors in the industry of smart things is the connected car. No longer a simple way from point A to point B, cars now comprise a computer, cell phone and camera all rolled into one motorized package.
Cyber Liability Claims Example
A Brisbane based business was recently the subject of a cyber attack where the hackers made numerous extortion threats and stole sensitive data from them. The business was completely unprepared for the attack, Acting Assistant Brian Hay from the State Crime Command said “We are strongly urging business to ensure their computer systems are secure and protected from hackers.”
High court restricts proportionate liability for statutory contraventions
On 13 May 2015, the High Court of Australia handed down its decision in the appeal in Wealthsure Pty Ltd v Selig .
The decision considered the application of proportionate liability in the context of proved contraventions of various Commonwealth statutory provisions by a financial planner.
Entering the Battlefield
Robust management liability coverage will enable you to sleep soundly at night. But how many of you are still operating with directors and officers coverage without realising they are wide open to claims? Or worse still, how many hof you aven’t considered the importance of such a policy?
Cyclone Marcia claims sky rocket
Claims made following Cyclone Marcia, which devastated parts of Central Queensland three weeks ago, have sky-rocketed according to the latest figures released by the Insurance Council of Australia.
$1 billion attack heralds new era of cyber risk
In what is being called the Ocean’s Eleven of cyber crime, a syndicate of international hackers have stolen over an estimated US$1 billion from more than 100 banks across the world.
Pages
McLardy McShane PI Pty Ltd T/A Just PI Insurance is Corporate Authorised Representative (No. 001289330) of McLardy McShane Partners Pty Ltd, Australian Financial Services Licence No. 232987 ABN 14 064 465 309.
McLardy McShane Partners is a member of The Steadfast Group
Level 45, 680 George Street, Sydney NSW 2000. Phone: 1300 099 050 Fax: (03) 9818 2099
Copyright © 2015. All Rights Reserved. Disclaimer | Privacy Policy | Financial Services Guide | Complaints information | NIBA Code of Conduct