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La Niña aftermath set to trigger major changes​​​​​​​ Due to the severity of the La Nina season and the impact it has had on both homeowners and business owners, the cost of insurance in Australia has risen at rates above CPI. While each sector is different, current market indicators suggest premiums are unlikely to stabilise

Following the recent Optus and Medibank hacks, cyber insurance has never been so important. Although Optus was hacked, they are diligent when it comes to best practice in cyber risk management. Optus was ahead of most Australian companies having had a cyber policy in place at the time of the hack to cover the cost

Amidst all the talk of the spring selling season, it’s important to not get held up in the overall look and feel of the new place but to take into account the factors that could bump up your premiums. Check out this quick guide to ensure you don’t miss any important details, particularly when it

With rising interest rates and inflation, cash flow management has never been more important. If your business is a body, cash is the oxygen: when cash moves in and out of your company at a healthy rate, your business is alive and kicking. The importance of cash flow Keeping up with debt Maximizing cash flow

For many local businesses, the start of the new financial year also marks the start of a new insurance cycle. If your policies are coming up for renewal, now’s the time to sit down and carefully review your arrangements. A challenging market. Reviewing your insurance each year is always a good idea. But it’s especially

There’s no shortage of things to monitor when you’re running a busy business. New customers. New products. New markets. New technologies. New equipment and processes. New rules and regulations. New competitors. New staff. With so many moving parts, the operating landscape is constantly changing – and, with it, so is your risk profile. That’s why

After many years of relatively low and stable inflation, the latest economic forecasts suggest the cost of living is on the rise once again in Australia. The annual CPI inflation rate rose to 5.1% (March quarter) and is projected to be between 6% – 9% over the coming year, placing pressure on people and businesses.

This past week, many individuals, businesses and homes have been severely impacted by the recent flash flooding events in parts of Queensland and New South Wales. Our thoughts are with all of our clients, friends and family during this difficult time. Please know that you are not alone and the team at LA Insurance are