With Autumn now upon us, it is an important time to check and clean out your gutters and downpipes to avoid the chance of water entering your home or business. In a recent check I was staggered to find a plant had been growing in the rain head in one of our downpipes. I also found that leaf guards that we had fitted to keep […]
Journal Article Examines Impact of Residential Fire Sprinklers on E-Scooter Fires Caused by Thermal Runaway of Lithium-Ion Batteries
Due to the number of fatal and or serious fires involving e-scooters, we at LMI have been doing a lot of research around the risk posed by lithium batteries with the aim of producing a comprehensive course to help the industry and the public understand this risk. On a personal note, other than phones and tablets, I do not allow any charging of lithium batteries […]
Burst flexi hoses are a major cause of losses in homes and residential strata.
Yesterday, I posted an article on lithium batteries in e-scooters which is an area of interest in our risk management division. Today I turn my attention to losses resulting from burst flexi pipes. The reason for this is that the frequency and severity of the losses from burst flexi pipes is increasing, particularly in residential strata but also in free standing homes. Steve Manning prepared […]
Question on Notice of Cancellation – War and Strikes Risks (only).
With the outbreak of hostilities in and around the Middle East many insurers have exercised the War Cancellation Clause in their hull or cargo policies. This has prompted a number of questions being put to me as Insured’s and Brokers were naturally disappointed. First up, I would explain that this is not a new development. While the exclusion of war risks (“Free of Capture and […]
Question on Co-Insurance after a total loss
I received the following question from a broker earlier this week. It is a question that I am asked from time to time so I thought I would share my answer with you. Hello Allan, Hope this message finds you well. A quick question if you don’t mind, please. Under an industry ISR Mark IV wording, would the co-insurance/average clause apply in the event of […]
Live safely in public places, do not be a follower take the lead – lessons from the Switzerland fire.
The underlying message of this important post is to never assume you are safe in crowded places, Always, know, in advance, at least one alternative emergency exit door and / or pathway to safety and take/lead others. The horrific fire in Switzerland at the “Le Constellation” nightclub where 41 young people lost their lives, some while filming the fire and the equally tragic shootings in […]
LMI turns 27 today
In a fast-paced world, it’s vital to pause and celebrate the milestones that define us. Today, LMI Group marks its 27th anniversary, tracing our journey back to February 25, 1999. My deepest thanks go to the entire LMI team. Your dedication to supporting our clients and your tireless work in building the trusted brand we are today have made this achievement possible. I also thank […]
Councils mapping flood and Erosion
In Victoria and perhaps elsewhere councils are working on updating their maps in respect of flood and in some cases erosion. This I feel is a good thing as it allows home and business owners, property developers, tenants and other stakeholders including insurers to check the risk from these perils before they commit to purchase or lease. In the case of the Yarra Ranges Council, […]
ISR Master Class
I am hosting a 4 part training session on the ISR Policy starting on 27th August 2025. Each session will run on line for approximately 1.5 hours over 4 weeks. The course is suitable for those new to the ISR policy right through to experienced hands and covers all sections of the policy starting with the all important policy schedule in week 1. Places are […]
LMI PolicyComparison.com just got smarter
Before I explain the exciting new feature soon to be available on PolicyComparison.com, I thought I would remind readers of the level of change in general insurance policies in any given month. The following is an update from the team of the updates in the past month alone. PolicyComparison.com August 2025 Update We are excited to bring you the latest updates fromthe PolicyComparison team, highlighting their continued commitment to […]