Recently I was at a conference and at the final dinner was sitting next to a young lady who relayed an event in her life where she paid a huge price for thinking she could save some money by not insuring her car while she was enjoying a overseas holiday. Her logic was the car would be parked off the street in her family’s driveway […]
Does a Strata Policy provide coverage following a terrorism event?
In my most recent post, I explained that commercial strata follows the same rules as commercial property and business interruption as it is regarded as ‘”‘eligible property’. In summary, if the Minister for Finance declared an event a Terrorism Event, then any terrorism exclusion that appears in the policy of insurance of an eligible property is void. Claims will be met in accordance with the […]
Question on Terrorism Exclusion
A concerned Insured wrote to their broker with the following question and the broker in turn asked me to assist to ensure they provided the correct response. Question I have previously spoken to you about the following; however, I would like to have this tabled in writing. Given the current domestic acts of violence, we are witnessing towards [some] organisations and houses of worship, please […]
LMI appointed to assist following the arson attack on the Adass Synagogue in Melbourne.
In the early hours of 6th December, 2024, the Adass Isreal Shul (Synagogue) was set on fire by at least 2 arsonists in what appears to have been a brazen anti-sematic attack. It was fortunate that their were members of the community inside the building in prayer at the time, despite it being very early in the morning and they disturbed the perpetrators. Nonetheless the […]
The seed on an idea – but the devil is in the detail
Once COVID-19 became an issue, LMI did two things. We activated our Business Continuity Management Plan and had our crisis management team immediately start to implement how we would protect our team from a health and safety issue. As well as how to maintain all our services when we knew they would be in high demand and still protect the business’s ongoing success. The second […]
SCAM ALERT – WESTPAC CHRISTCHURCH APPEAL
A post from ABC Perth has identified “Westpac says its had several reports of people receiving emails with the bank’s branding requesting donations for the victims of the Christchurch terror attacks. The email link goes to a scam site called mothersawakening and the account they supply is NOT the correct account for donations to Westpac’s Our City, Our People Fund.” Please be aware of this […]
New Zealand customs can now demand you unlock your digital devices
In a new law passed in New Zealand, customs officers have now been given the power to demand that travelers unlock their digital devices if suspected of criminal activity, or risk a NZ$5000 (AU$4580) fine. Previously, while they could confiscate the items they could not force the individual to unlock it. New Zealand Customs Minister, Kris Faafoi has been quoted as saying “Organised criminal activity is […]
Increased security when travelling follow up
Following my article yesterday about the increase in security at the airport due to terrorism, I can see that others are thinking the same way as per the article shared with me here.
Should Australia follow the US with Travel Pre-Approval
I caught my first flight following the upgrade of security after the latest terrorism arrests that took place last week. I was concerned, as when I was called over for explosive testing the official tested two other people I did not know at the same time. Even though I was the first called, he wiped the swab over me last and tested us all with the […]
Risk management advice my parents gave me to stay safe while walking still holds me in good stead
While cities around the world are no doubt looking at installing a great many more substantial bollards to protect their citizens and tourists from the type of attacks we have seen in Berlin, Nice and most recently London, I recall the risk management advice that was ingrained into me as a child by my parents. That was, where ever possible, to walk on the side […]