Category: News

omnisure

Important News: Acacia Insurance becomes part of Omnisure

From 1 October 2024, Acacia Insurance & Risk Services will merge with and become part of Omnisure. Omnisure, founded in 1982, is proudly family owned and operated, servicing customers across Australia and internationally. The Omnisure team is keenly customer focussed, having won multiple awards in recent years, including IBA Top brokers, Elite brokers and Fast brokers. Omnisure is also a member of one of Australia’s largest insurance broking networks. Acacia’s directors and other members of the team will be joining Omnisure and it will be business as usual for our clients. Our team (and new colleagues at Omnisure) will continue to provide clients with the high level of service to which they’ve become accustomed over the years and we’re excited about providing even better service as part of an expanded team.

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Not-for-profit risk

Not-for-profit risks with David Hubbard from CINCH Transform

Acacia Insurance & Risk Services recently spoke with David Hubbard from CINCH Transform about the unique risks facing not-for-profit and purpose-driven organisations. David, a seasoned chartered accountant, founded CINCH Transform. He’s also authored a book (The Key to a Thriving NDIS Organisation) to help NDIS organisations help more people.

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general insurance premium pricing outlook May 2024

General Insurance Premium Pricing May 2024 – Outlook for 2024/25

Having appropriate sums insured for the current replacement value of your assets, stock, contents and machinery is crucial. The continuing impacts of inflation, labour shortages, persistent lower AU$ at  around US$ 0.66 Cents (May 2024) and supply chain issues continue to cause 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.

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cyber security

Demystifying Cybersecurity: Expert Insights from Norman Dougherty at Solis Security

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.

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general insurance premium pricing outlook September 2023

General Insurance Premium Pricing September 2023 – Outlook for 2024/25

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.

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not for profit workers compensation

Unique insurance risks and workers compensation considerations within the not-for-profit industry

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.

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