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HONEIN Quarterly Market Update

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June 6, 2023
Employee Benefits

Update: Changes to Unpaid Parental Leave

In welcome news for families, important changes have come into force for unpaid parental leave arrangements, giving employees greater flexibility and freedom to extend unpaid parental leave. Shabab Maqsud outlines the changes that came into place on 6 June 2023 and what they mean for both employers and employees.
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June 6, 2023
Pharmacy

Insurance Solutions for Pharmacies Amid Evolving Healthcare Services: Insights from the Victorian Pharmacist Pilot

The Victorian Government has announced an investment of $19 million to further broaden the scope of community pharmacists' roles, expecting to yield cost and time savings for the Victorian health system and ease the load on both GPs and hospital emergency departments. As healthcare delivery continues to evolve, learn more about what this means for pharmacy insurance.
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June 5, 2023
Strata News

Managing Asbestos Risks in Strata Properties

Under new Work Health and Safety legislation in Western Australia, property owners now have an obligation to manage the risks associated with asbestos, including identifying any asbestos-containing materials present in the property, assessing the risk of exposure to these materials, and implementing appropriate control measures to prevent or minimise exposure. Anthony Chitty outlines what these changes mean for both strata managers and owners.
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June 1, 2023
Professional Services
Corporate Risk

Professional Indemnity in the Professional Services Sector: A PwC Case Study

As professional service providers, tax consultants hold a crucial role in advising clients on various matters, including potential tax liabilities and tax minimalisation. Recent events serve as a call to action for the sector to re-evaluate its approach to confidentiality, integrity, and overall risk management. This not only involves rethinking internal controls, data management policies, and professional practices but also reviewing the broader regulatory landscape and accountability mechanisms in place. Laurence Basell – Honan’s Chief Operating Officer shares key take aways for consulting firms when it comes to managing risks effectively.
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May 30, 2023
Life Insurance

Lessons in Succession: How you can approach your family's future with open eyes

The thrilling finale of HBO's acclaimed television series Succession not only marks the end of a remarkable narrative arc but also provides a compelling case study of the importance of succession planning - especially through the lens of life insurance. Peter Blassis, Senior Risk Advisor at Honan Life, shares key lessons from the Roy family's power struggles and outlines the value of life insurance as a tool to ensure a smoother, more secure transition for your loved ones.
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May 24, 2023
Workplace Risk

HoneIn Market Update FY23 Q3: Workers' Compensation

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May 23, 2023
Transport & Logistics

Road to Resilience: Navigating key challenges in the Australian Transport Industry

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May 22, 2023
Workplace Risk

Mental Health Injuries Impacting Workers’ Compensation Scheme: A Call to Action

Workers’ Compensation (WC) premiums are one of the most expensive insurance costs a business can have, so the 42% increase in levies to fund the state of Victoria's WorkCover scheme is hardly welcome news for the Victorian business community. The rise in costs is mainly due to a surge in mental health injuries, with long-term participation in the scheme and mental injury claims rising to represent 16% of new claims.
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May 19, 2023
Corporate Risk

Weighing up the benefits of Multinational vs Local policies

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May 19, 2023
Strata News

Preserving the Past, Insuring the Future

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May 17, 2023
Corporate Risk

5 Essential Insurance Policies for Recruiters

Whether you’re running a well-established recruitment agency or just starting out, running a business comes with a level of risk that can’t be ignored. As navigating the world of insurance can be overwhelming, Victoria J Watts outlines essential insurance types for recruiters to help you identify necessary coverage to protect your business, helping give you peace of mind to focus on what you do best – recruiting top talent for your clients.
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May 11, 2023
Medical & Health

Boosting Australia's Healthcare System

Focussed on enhancing access to medications, improving Medicare, and supporting vulnerable members of the community, the Federal Government’s 2023-2024 budget places Australia’s healthcare system front and centre. Learn more about the implications of these changes for both individuals and businesses and the role of insurance in a changing healthcare landscape.
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May 10, 2023
Corporate Risk

Federal Budget 2023-24: Prioritising Australia’s Cyber Security

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May 5, 2023
Corporate Risk

How using sub-contractors can impact your insurance premium

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May 1, 2023
Biotech & Life Science

From Lab to Launch: Risk Management and Insurance for Life Science and Biotech Innovators

From lab to launch, each Life Science and Biotech company is unique and a nimble start-up will have different needs, challenges and legal requirements to a listed company bringing in revenue from overseas. As risk exposures evolve along side a company's capabilities and technologies, Daniel Reid outlines key insurance considerations to help you limit your risk exposures at each phase, allowing you to focus on what you do best.
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Featured Article

Tue 25 Jan, 2022

3dd COVID Support Ends & Debt Collection Resumes: Is Your Business Sustainable?

Over the course of the Pandemic in Australia, the Government...

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Honan Insurance Group Pty Ltd (Australian Financial Services Licence no. 246749, ABN67 005 372 396) is an insurance broker acting as agent for insureds and intending insureds. Honan is not an insurer.  The information on this website has been prepared without taking into account your objectives, financial situation or needs.  Any advice provided on this website is general advice only.  Before making a decision to purchase an insurance policy, please read the relevant Product Disclosure Statement to make sure the policy is right for you.  Insurance cover is subject to policy terms and conditions including policy limits and exclusions. 

From time to time, Honan may act under a binder arrangement with an insurer.  When this happens, Honan is authorised by the insurer to issue certain insurance policies on the insurer’s behalf.  When Honan does this it acts as the agent for the insurer and not for any insured person.  We will let you know when we are acting under a binder.  You can view the Product Disclosure Statements for the insurance policies we issue under a binder arrangement here.  A copy of the Target Market Determination for each policy is also available on this website.

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