Live Insurance News

Is Refrigeration Equipment Covered by Business Insurance?

November 21, 2023 Guest Author

Business insurance is meant to protect you and your business from financial losses in case of an unexpected event. Covered events typically include anything from a customer falling while on your business premises to theft or damage of your business equipment. Business insurance also protects you against things like professional mistakes, legal fees, and when the business faces a compensation claim. As such, it’s important for all businesses, including sole traders, self-employed people, and limited liability companies. What does business insurance cover? Different forms of business insurance cover different kinds…

What Types of Insurance Do Storage Companies Need?

November 14, 2023 Guest Author

what insurance does storage companies want

Storage companies provide a valuable service to individuals and businesses alike, offering a safe and secure place to store belongings. However, like any business, storage companies are exposed to a variety of risks. From fires and floods to theft and vandalism, there are many things that can go wrong and damage the property stored in their facilities. That’s why it’s important for storage companies to have the right insurance in place. Insurance can help storage companies avoid losing money if something bad happens. By having the right insurance coverage, storage…

New active cyber insurance launched by Coalition in Australia

November 9, 2023November 8, 2023 Nordstrom

Allianz Australia is providing the capacity for this new business solution for digital protection. Coalition, a company that defines itself as the first provider of Active Insurance in the world, has announced the launch of its new cyber insurance solutions in Australia. The solutions are composed of a suite of digital risk products that complement its prevention services. The cyber insurance product is more than simply a transfer of risk. It is differentiating itself by working with organizations so that they will better understand their own risk profiles. This will…

7 Types Of Insurance Needed For Farming

August 16, 2023 Guest Author

Owning and running a farm comes with several different risks, from damage to machinery, buildings, or vehicles to public liability claims, to the loss of livestock, etc. Having a farm insurance policy in place can help protect you financially from most of these risks and ensure that your business keeps running smoothly. Here are the seven different types of insurance needed for farming Farm Liability Insurance Farm liability insurance is a type of general liability insurance that covers claims against your farm concerning property damage and bodily injury primarily. If…

Ukraine cargo insurance stopped as Russia abandons grain agreement

July 25, 2023July 24, 2023 H. Cutner

Coverage is no longer being offered for shipments from the country as Russia quit the UN-backed deal. A cargo insurance company providing Ukraine grain shipment coverage through a safe sea corridor has now been suspended following Russia’s exit from the agreement backed by the United Nations, according to broker Marsh. Moscow announced that it was stepping away from the grain deal that was established a year ago. The grain deal was made between Russia and the United Nations to help reduce the risk of creating hunger around the world by…