Australia’s electricity power supply (or rather, frequent power failures) is an issue that can have significant negative impacts on businesses small and large. Shield Insurance Brokers recommend its clients take out the most appropriate risk cover for their circumstances, however insurance protection for material and financial losses related to power failures is somewhat limited. We […]

“Breakdown of machinery” is one of the most frequent insurance claims we see from business owners and hence it is important to get good advice! The insurer definition of “breakdown” is generally along the lines of “sudden and unforeseen failure of mechanical, electrical or electronic componentry”. That means much more than just the motor in […]

When it comes to insuring yourself & your business for the accounting costs of ATO or statutory audits, there is a common belief that Audit insurance policies are fairly generic. Well, they are similar … in the same way a Corolla and a Ferrari are similar. Sure, both have four wheels and an engine, but that’s […]

Around ten years ago the Shield team implemented its first Management Liability Insurance Policy.  Back then, it was a cutting-edge product designed to give SMEs the kind of protection previously enjoyed only by large organisations. At the time, it was challenging to get SME clients to understand the value of this coverage.  The risks associated […]

You might have seen recent news pieces about “Ransomware” – a type of cybercrime where criminals lock you out of your own computer and demand a ransom to let you back in (anywhere from a few hundred to thousands of dollars). Think it can’t happen to you? Recently, a small business client in Adelaide wrote […]

There are many great benefits to being a residential investment property owner, and there are also a great many risks. Economic and market conditions, legislative and tax law compliance, natural perils and the quality of your tenant (will they service their rental obligations and look after the property in a reasonable way?) A lot can […]