Loss of rent for a serviced office

Loss of rent for a serviced office

I have not been as active as in the past of late as I have simply been flooded with questions from brokers, insurers and adjusters on a draft on policy and policy interpretation issues. While I wish I had the time to post them all, the one below I thought was appropriate to share. This question today is regarding the way to insure the business […]

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As with bushfire management we need uniform rules on pool fencing

As with bushfire management we need uniform rules on pool fencing

Yesterday I posted an article on the fact that we have such different rules between states when it comes to bushfire management, yet we all face the same risk. During the same trip with the stupidity of such vastly different approaches to bushfire zoning still buzzing around in my head, I noticed the complete lack of fencing around the pool at the hotel. I checked […]

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Blog question on goods in physical and legal control

Blog question on goods in physical and legal control

I received this question this morning. Good morning Allan, I hope you can assist. Having trouble deciphering the Property in your Care custody and Control wording in the [insurer name withheld] Trade Wording I have attached the Liability section and the property in control wording. Our client are concreters and will be hiring some lighting equipment valued at $14,000 as they will be working at […]

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We need uniform laws around bushfire zoning

We need uniform laws around bushfire zoning

As my wife and I were to attend a recent insurance conference on the Gold Coast we flew up a day early so that we could catch up with some very long standing friends. They had moved from their beautiful ocean side apartment up to a 10 acre block in the Tallebudgera Valley. This is in the Gold Coast hinterland. They had only recently purchased […]

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It seems to be all about taxes in NSW.

It seems to be all about taxes in NSW.

I start with the good news. I applaud the NSW Government for removing the dumping fees on asbestos waste (of up to a quarter of a tonne) in an effort to reduce the level of illegal dumping. LMI have become involved in a number of claims where innocent people have been left with massive clean up costs when they have been the victim of fly […]

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Travel Insurance v Health Insurance

Travel Insurance v Health Insurance

There are a couple of areas that keep causing confusion in travel insurance. The first is the need to honestly disclose preexisting injuries and illnesses. A second is the need to report loss or theft to the police. I have written on each of these in the past. For example, here is a link to one on the need to report theft. The one I […]

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Nothing new about Phishing emails

Nothing new about Phishing emails

As a follow up to my post yesterday highlighting October as Cyber Security Month, I thought I would share a bit of history. While we may think that Phishing emails, that is sending an email purporting to be from a senior executive to the finance or accounts department in the hope they will be fooled into transferring money, is something new, this is in reality […]

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October is Cyber Security Awareness Month

October is Cyber Security Awareness Month

Cyber security is without doubt one of the biggest risks facing individuals and businesses large and small. There will be a lot written on this topic this month but I just want to suggest that if you are not already using a password management system that you consider it. This has been a godsend to me with so many passwords to manage. The last thing […]

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Introducing LMI RiskCoach 2.0

Introducing LMI RiskCoach 2.0

LMI are extremely pleased to be celebrating 10 years of RiskCoach, in this our 20th year of operation. It is interesting to reflect how this very popular service for brokers and underwriters came into existence. After taking a year to research and write the Understanding the ISR 3 volume book series I worked on developing a service, PolicyCoach, to allow brokers to build a quality […]

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One area we do not want to follow the United States

One area we do not want to follow the United States

With so much of what happens in the United States finding its way to Australia, one statistic worries me and should be of concern to government in that country. That is the life expectancy in the US has fallen every year for the last 3 years. Only Mexico has this decline with the rest of the world enjoying increasing life expectancy. I was not aware […]

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