From industry giants to small local businesses, the Australian supermarket and grocery industry is highly competitive with a total market value of over $100 billion. There are a number of risks faced by supermarkets and, no matter how careful you are with your safety practices, something could go wrong saddling your business with a heavy financial burden. Supermarket insurance forms…
Even before there were business contracts as we know them now, the question of ‘who is responsible for the damage?’ regarding goods in transit was a well contested one. There are various factors that determine where liability falls in the event of damage or loss of goods in transit. Contractual obligations, determining when the goods officially change possession between buyer…
The prevalence of cyber attacks against businesses is only growing, and with it, the importance of cyber insurance is increasing. A cyber threat to a business can not only halt operations, lead to a loss of revenue and cost the company a large sum of money to get back up and running, but it can tarnish the reputation of the…
The year 2020 brought many changes to the way businesses operate, both in Australia and internationally. With lockdowns, border closures, shortages of goods, and supply chain issues, each industry has found ways to work under the ‘new normal’. Road and marine freight transport have evolved – and therefore so have the risks associated with these industries. Here at GSK Insurance…