The increased risk of bushfire this year has certainly been hitting the headlines, but changing weather patterns can cause consequential issues on top of higher fire risk for farm clients. We spoke to Rural Affinity Managing Director James Hooper about factors that may impact farmers over the coming seasons.
In today's rapidly evolving digital landscape, cybersecurity takes a front seat in the minds of business owners. As cyber threats grow in sophistication and impact, the question isn't 'if' but 'when' your business will be a target. To help business owners gain a comprehensive understanding of this complex field, we've sought the expertise of Norman Dougherty, a seasoned cybersecurity specialist from Solis Security. Solis is known for delivering best-in-class managed cyber security services and incident response for businesses around the world.
Norman shares his experienced insights, technical advice, and strategies to assist businesses in comprehending cyber risks, keeping abreast of the latest trends, and deploying effective mitigation tactics.
Having appropriate sums insured for the current replacement value of your assets, stock, contents and machinery is crucial. The recent impacts of inflation, labour shortages, persistent lower AU$ at around 0.65 Cents (Sept 2023) and supply chain issues have caused a dramatic increase in the costs to rebuild/repair properties and replace items. It’s important that we work together to ensure you have the correct valuations and sums insured for your insurance policies.
Our not-for-profit industry is an important part of the Australian economy, employing 1.38m people (11% of jobs in Australia) and contributing an estimated $129b of the country’s gross value, added in direct and indirect contributions. Given this scale, diversity and complexity of services, there are a range of unique insurance risks and workers compensation considerations, specific to the not-for-profit industry.
Our congratulations to the KidsWish team for the opening of their new KidsWish House, which will be a hub for people with disability to access much needed services, participate in programs and events, make memories and most of all have some fun.
As your dedicated insurance representative, we’re constantly monitoring the insurance market to better understand and assess insurance trends and how they may affect your business. We've prepared a summary of the key factors that will impact insurance premiums over the next 12-18 months.
About 10 years ago, Mike and Suzanne Pawley set up the Happy Days Cambodian Village School Charity with a commitment to provide educational opportunities for children in a rural village area near Siem Reap, Cambodia. Earlier this year, Director Mark Williams was lucky enough to visit the Centre, get involved in some classes and meet up with some old friends.
2023 has brought an exciting opportunity for Acacia Insurance to expand its footprint through the purchase of the Active Community Insurance Farm portfolio – now known as Acacia Rural.
Acacia Rural will be a flagship division of Acacia Insurance & Risk Services Pty Ltd, part of the Insurance Advisernet group. This strategic move is designed to be a win-win for our farm, agriculture and regional clients, their local communities and the business as a whole.
Acacia Insurance was very pleased to again support the Annual Golf Day for the Happy Days Cambodian Village School Charity recently held at Long Reef. A great day was had by everyone and over $25,000 was raised for this fantastic charity that helps underprivileged children escape poverty in Cambodia through education.
Acacia Insurance continues to grow and build in both capacity and capability, and we're proud to strengthen our workers compensation practice to continue to provide advice and solutions of the highest quality and deliver better outcomes for our clients. There is no doubt that workers compensation is a specialist area, requiring dedicated skilled resources, and we're pleased to announce the appointment of leading expert Robert Wallace.
