The Rising Challenges to Insure Tobacconists in Australia
The Rising Challenges of Insuring Tobacconists in Australia Tobacconists across Australia are facing hurdles when it comes to obtaining and maintaining insurance. Whether you are a standalone shop or part of a multi-site operation, the changing landscape of regulation, insurer appetite, and risk perception has made finding the right coverage harder than ever. At KO1 […]
Principal Contractors Duty of Care over Subcontractors
Principal Contractors Duty of Care You have seen it before, and you will likely see it again: principal contractors having to respond to liability claims regarding their alleged duty of care for a subcontractor’s system of work. The Queensland Court of Appeal (QCA) recently considered this issue in the matter of Sawyer v Steeplechase [2025] QCA 2. […]
Are you Insured against rising building costs?
If you’re building a home or renovating at the moment, you’re probably feeling the pinch financially. This is because the building and construction industries have been hit hard by the pandemic. Why are building costs rising in Australia? There are a few reasons why construction prices have jumped so dramatically. Firstly, the pandemic stripped Australia […]
What happens during a Professional Indemnity Claim?
It is always recommended that business owners add professional indemnity to their insurance policies so they can protect themselves in the event of a client deciding they have done the wrong thing in some way. Professional indemnity insurance is the best way to make sure a mistake made in your business does not have too […]
The risks of underinsuring your business
Underinsurance is more common than you think. Industry figures show up to 62% of small-to-medium-sized businesses don’t have correct-value insurance. So, whether you’ve self-assessed or secured professional valuations for your business plant, equipment, and property, you might still be at risk of underinsurance. Here’s why: Your self-assessment might be wrong You’re insuring for the price you paid […]