Business Insurance

Business Package Insurance

A business package can combine a number of important covers into one insurance program for eligible small and medium-sized businesses.

Depending on the insurer and policy, this may include protection for property, contents, stock, theft, glass, money, liability and business interruption.

A business package is not automatically appropriate for every business. We will help you understand what your business actually requires rather than simply applying a standard package.

Business Interruption

A major property loss can affect more than your physical assets.

A fire, storm or other insured event could prevent you from trading normally and create significant ongoing expenses while your business recovers.

Business interruption insurance can be designed to help address certain losses of income, continuing expenses and additional costs following an insured interruption.

The correct sum insured and indemnity period are important considerations.

Public & Products Liability

Public liability can protect your business against certain claims arising from third-party injury or property damage connected with your business activities.

Products liability can address certain claims arising from products you manufacture, distribute, supply or sell.

The risks vary considerably between industries, which is why understanding exactly what your business does is important when arranging liability insurance.

Professional Indemnity

Professional Indemnity insurance can help protect businesses that provide professional advice, design, consultancy or services against certain claims alleging professional negligence, errors, omissions or other covered circumstances.

It can be particularly important for consultants, engineers, accountants, architects, IT professionals, property professionals and other service-based businesses.

Management Liability

Directors, officers and business managers can face a range of claims and investigations arising from the way a business is managed.

Management liability can provide protection for certain management-related exposures, including specified employment practices, regulatory matters, investigations, claims and other risks depending on the policy.

Cyber Insurance

Businesses increasingly depend on technology, data and digital systems.

Cyber insurance can provide cover for certain financial losses and liabilities arising from cyber incidents such as hacking, ransomware, data breaches and other covered events.

Depending on the policy, cover may also include incident response, forensic investigation, notification costs, business interruption and liability exposures.

Commercial Motor & Fleet

If vehicles are essential to your business, an accident or loss can have consequences beyond the vehicle itself.

We can assist with commercial motor and fleet insurance for businesses operating cars, utes, vans, trucks and other commercial vehicles, subject to insurer appetite and policy terms.

Property & ISR

Businesses with substantial property, plant, machinery, stock or multiple locations may require a broader commercial property or Industrial Special Risks approach.

ISR policies can combine a number of property and consequential-loss covers and may be appropriate for businesses with more complex or higher-value exposures.

Specialist Insurance

Some risks do not fit neatly into a standard business package.

Where appropriate, we can investigate specialist insurance solutions for unusual, complex or difficult-to-place risks.

Talk to Risk Assist Australia about your business and we can help identify the insurance solutions that may be appropriate for you.