Do you think it would be simple to walk into someone else’s office, warehouse or factory and make that business run smoothly? If you had to swap with the business next door, suddenly, without making any of your own adjustments to layout – how successful do you think that would be?
If you think that would be a total disaster, you’re probably right. Every business is unique – each one has its own story, its own way of doing things, its own unique group of customers.
No two businesses are alike, even within the same industry. Across multiple differing industries these differences become even more apparent – a large business in the construction industry, for example, faces very different risks to a small hairdressing business or pet parlor at a local shopping centre. So why should they all share the same level of insurance cover? Every business has its own unique set of risks as part of its corresponding industry and individual needs.
One of the main advantages of selecting an industry-specific insurance policy over a more generalised product is that your insurance broker will provide advice on the things you might never have even considered. This involves a comprehensive understanding of your industry, developing personal relationships and delving to discover exactly what risks your business is exposed to, then protecting you from those risks with a comprehensive, bespoke insurance solution at the best possible price. Insurance experts are adept at recognising risks, and they have the experience of working with all kinds of businesses and seeing where others have gotten into trouble – what is an unexpected event for you is something they have probably seen before – and already have a plan in place to address.
Tailored insurance policies for businesses are available to a number of different industries including:
– Agriculture and Viticulture
– Professional Services
Within your corresponding industry we will design an insurance solution that’s specifically tailored to you and your individual business needs, allowing you to rest easy knowing that your business is protected from any unexpected and unforeseen occurrences.
A friendly chat with one of our brokers is all it takes to get the ball rolling – make the call today and give yourself the gift of peace of mind with comprehensive cover specific to your needs.
Due to the nature of work many engineers carry out, they have a crucial duty of care to a wide network of people – including clients, contractors, additional consultants and members of the general public.
As well as covering the physical risks associated with projects involving construction or architectural work, a tailored insurance solution can protect engineers who are also required to offer advice and direction.
Without an adequate level of cover, an engineer can be susceptible to some very serious risks and liabilities, take Anthony for example;
Anthony, a structural building engineer was hired to conduct the final inspection of a building after the completion of a large renovation. Upon inspection, Anthony found several minor items to address which he included in his final report. He had also noticed that the floor beams of the structure were sagging slightly, however, given that this was an older building with wooden beams, Anthony didn’t feel that it compromised the structure and did not include this in his report. Two weeks after the inspection, the building collapsed inward due to a weakening of the interior floor beams. The damage caused to the structure was beyond repair and there was also some damage to the neighbouring building. Anthony was named in a lawsuit and accused of improper a negligent inspection, being held partly liable for the replacement cost of the structure, the damage to the neighbouring building and associated legal costs. All of which would be paid by the insurer (with the exception of the engineer’s deductible), had he been covered.
Don’t be caught in the trap of underinsurance. Professional indemnity insurance covers engineers for the advice and direction they are required to give, whilst public liability insurance covers engineers should they be liable for any third party injury or property damage while they are on-site.
In such a diverse profession including industries such as chemical, forensic, landscaping electrical and civil – it’s important to have a clear and thorough understanding of the specific type of insurance solution required.
Calculating the correct amount of cover for your engineering business can be a tedious and complex process, and trying to do it on your own can be a recipe for disaster. Talk to an Adroit Insurance broker about customising a peace of mind insurance policy to fit your exact needs today!
There a number of prevalent yet often overlooked hazards in the home that can have the potential to cause some serious safety issues for your family. It’s important to be aware of these hazards to prevent accidents or injuries from occurring.
Below are 5 hazards to be aware of around the home, along with some of the top ways you can minimise them.
- Ensure there are fire or smoke alarms installed in your home and check the batteries regularly.
- Never leave candles or oil burners unattended.
- Unplug appliances after use and ensure electronic charging devices are not left plugged in when no one is home.
- Keep all poisonous materials (like heavy cleaning products, insect killer, etc) in a safe place, preferably high up and out of reach of young children.
- Never empty poisonous materials into unlabelled containers as they can easily be mistaken for other things.
- Ensure all medication is secured and out of easy reach from children.
- If you have a pool, make sure you have a regulation fence which is kept closed at all times.
- Empty small leisure pools immediately after use and monitor young children in and around water, especially in the bath. Remember, children can drown in less than 6cm of water.
Slips & Falls
- Keep steps and pathways leading to the house and interior staircases clear from debris and clutter to avoid tripping and falling down the stairs.
- In wet areas such as the bathroom, ensure there are non-stick bathmats on the floor, and even on the bottom of the tub.
- Ensure wet areas, such as bathrooms, are properly ventilated, and regularly open the windows in bedrooms to encourage natural air circulation throughout your home.
- Immediately remove any mould you notice it around the house, calling a specialist where necessary.
With an increased awareness of potential household hazards like these, you may be able to prevent certain things from going wrong, however, it’s impossible to predict everything. Home and Contents insurance gives you financial protection for your home and possessions should an unexpected event occur.
Keep your home and contents safe!
Damon Edwards, manager of our Ballarat branch lends his thoughts to the Adroitness blog. Here, Damon talks of the devastating Victorian bushfires over the holiday period and how the insurance industry is helping families deal with such disasters.
As the holiday season approaches, we’re all a bit inclined to relax, zone out and enjoy ourselves in the glorious Aussie sun. But not so fast!
This time of year brings with it some risks that must be properly addressed if you are to start the New Year on a positive note. We’ll look at two main risks you must consider over the summer and what you can do about them.