Insurance News

Professional Indemnity and Public Liability – What is it and why does your business need it?

Wednesday, January 04, 2017

Professional Indemnity and Public Liability – What is it and why does your business need it?

Professional Indemnity and Public Liability insurance, commonly abbreviated to PI and PL, is a key insurance for many SME businesses, helping them transfer risk of a significant financial loss. The purpose of this brief article is to unravel it and explain the reasons why it is essential and valuable. Over 60% of small businesses close within three years. Having an uninsured PI or PL claim is likely to increase that number to closer to 100%. Sure, big firms need it but for smal .. Read More

Keeping Your Business Alive

Thursday, November 10, 2016

Keeping your Business Alive

It takes more than luck and good looks to keep your business alive and thriving these days. Todays’ business environment is ever changing with multiple new startups entering markets. There is constant technological improvements disrupting processes, efficiencies and costs. Try these simple tips to keep your business going and reignite your passion again. Know your message To be successful you need to communicate what is valuable to your consumer. Some businesses find it easier to commun .. Read More

5 apps to improve the efficiency of your business

Thursday, November 03, 2016

Apps that help improve the efficiency of your business

Can you remember when you were able to fit everything into your schedule without being pressed for time? For a lot of us, living without constant rush is a distant memory. There never seems to be enough time in the day to accomplish it all. Fortunately, there are ways to buy yourself a little more time with apps designed to improve the efficiency of your business. Saving 5 minutes every day will mean 25 minutes extra time a week, which results in over 100 hours saved per year. These little a .. Read More

Business Consultants Insight: What is all the hype about Design Thinking?

Thursday, October 13, 2016

The hype about design thinking

The methodology commonly referred to as Design Thinking is a common buzz term for Business Consultants today. The concept has proven itself as a successful and repeatable problem-solving method which Business Consultants (/consultants) and Professionals can use to achieve extraordinary results. Design Thinking is thought to be one of the important skills of a good consultant within any profession from law, medicine, insurance, sport to politics and beyond. These principles apply to anyon .. Read More

Resources to build your consulting business

Thursday, October 13, 2016

Start building your consulting business

Once upon a time, you could just opt for a career change, print a business card, hire an office and acquire some clients through word of mouth. Today, there is a lot more that you have to understand to be able to be a successful Business Consultant. To differentiate yourself as a good Consultant, try to answer the following things: How do I stay on top of trends in my industry? Begin by setting up Google Alerts which provides you with updates of online information which is c .. Read More

Think about your business differently

Thursday, August 25, 2016

How to think about your business differently

When you own your own business you have finite resources and need to employ creative thinking. There is a push from the current Turnbull Government to transform corporate Australian business towards new and innovative strategies. If you want to reignite new life into your own business you can try to think like an agile business owner instead. As a business consultant, how can you think differently by using a startup business mentality? 1. Base your business on finding solutions Startups  .. Read More

Don't make life tougher for yourself

Thursday, August 25, 2016

Help reduce stress

Business consultants face unique struggles and strains because of the heightened responsibility they hold for their own success. Owning a business consultancy means you usually operate in a fast paced and demanding environment. Consultants also have increased accountability due to being constantly connected by technology. Stress seems to be becoming more and more of an issue all the time. The Australian Stress and Wellbeing survey from 2013 found that Australians reported significantly h .. Read More

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Our unique insurance market has an unrivalled concentration of specialist underwriting expertise and every day, more than 50 leading insurance companies, over 200 registered Lloyd’s brokers and a global network of over 4,000 local coverholders operate in and bring business to the Lloyd’s market.

The business written at Lloyd’s is brought to specialist syndicates, who price and underwrite risk, via brokers and coverholders. Much of the capital available at Lloyd’s is provided on a subscription basis – where Lloyd's underwriters join together as syndicates and where syndicates join together to underwrite risks and programmes. This kind of collaboration, combined with the choice, flexibility and financial certainty of the market, makes Lloyd’s the world’s leading insurance platform.

But in an unpredictable global climate, Lloyd’s underwriters must also rely on their experience and industry knowledge to cast light into the darkness ahead. Behind the Lloyd’s market is the Lloyd’s Corporation, not itself an insurer but an independent organisation and regulator that acts to protect and maintain the market's reputation and provides services and original research, reports and analysis to the industry’s knowledge base.

Under one globally trusted name, the Lloyd’s market and Lloyd’s Corporation work together to protect your interests, promote economic growth and underwrite human progress.

To learn more about Lloyd's visit