August 1, 2023

FY23 Q4 Market Update: Strata

August 1, 2023

Strata News

Corporate Risk

FY23 Q4 Market Update: Real Estate

July 31, 2023

Corporate Risk

Start-Ups

Allegations of Negligence: A Guide for Business Owners

While robust control and ongoing training are the first lines of defence for any business, some mistakes are unavoidable and business owners can find themselves in disputes with either customers or suppliers, after receiving allegations of negligence. This is often followed by uncertainty around whether they had a duty of care and if it was breached, which is where the law of Torts comes into play. Nathan Mauriello outlines the process insurers work through when a claim is made against a business owner to determine whether the plaintiff has a valid case.

July 26, 2023

Pharmacy

Double the trouble? Navigating professional indemnity risks & 60-day dispensing

The recent publication of the Double Dispensing Guide by the Federal Government brings us closer to the introduction of 60-day dispensing. While we acknowledge the potential financial impact, our focus is to help minimise the Professional Indemnity risks for our clients due to this regulatory change. Nick Squillari unpacks a double dispensing scenario that could leave pharmacists exposed to risks if it is not managed.

July 17, 2023

Professional Services

Employee Benefits

Corporate Risk

Workplace Risk

Gen Z Talent: Engaging the Workforce of Tomorrow

At Honan, we have learned what it takes to achieve growth and stability and we believe it starts with our people and supporting their potential. However, over the last 12 months finding the right people has become increasingly difficult and companies are set to face a major challenge again this year. As the largest generation, they represent a pool of well-educated, skilled, and resilient talent whose potential is only starting to be realised. As more of this group enter the workforce, many are weighing up the value of traditional higher education and seeking diverse career opportunities. Stephanie Tennant, our in-house Senior Talent Adviser, explores what Gen Zs look for in a workplace and provides insights on attracting and nurturing the potential within this emerging cohort.

July 17, 2023

Corporate Risk

What the PwC saga can teach Professional Services about Professional Indemnity

In the realm of professional services, tax consultants play a vital role in providing advice on a wide range of matters, including potential tax liabilities and strategies for minimising tax. As trusted advisors, they are entrusted with highly sensitive client information sourced from various channels. Safeguarding confidentiality is of utmost importance, as any breach of this trust can lead to severe damage to reputation, legal liabilities, and significant Professional Indemnity (PI) challenges. This precise scenario unfolded recently in the case involving PwC, one of the world's largest professional services firms, underscoring the intricacies involved in managing PI risks within the tax and broader consultancy sector.

July 11, 2023

Strata News

Office Bearers’ Liability Insurance 101

Office Bearers’ Liability coverage is a component of strata insurance policies designed to protect individuals who hold positions of responsibility within a strata corporation. It provides coverage for legal costs and potential damages if an office bearer is held personally liable for a wrongful act or omission in their role.

July 10, 2023

Corporate Risk

Construction

Professional Indemnity: Why Early Notification About Potential Claims Matters

Professional Indemnity (PI) insurance is designed to shield you from potential claims that may arise from actual or alleged errors, omissions, or negligence in the services you provide. PI policies typically require policyholders to notify insurers of any potential claim circumstances as soon as they become aware of them. However, we often find clients are hesitant about notifying their broker about potential claims. James Machray article outlines why early notification is actually beneficial.

June 26, 2023

Corporate Risk

Waivers: How much protection do they give business operators?

The search for the Titan submersible expedition came to a tragic and shocking end last week. As investigations into the incident unfold, it brings forth a range of confronting questions about risk and safety, including the inherent limitations of waivers.

June 23, 2023

Corporate Risk

Update: Cladding Coverage | Navigating Insurance Challenges for Building Surveyors

The cladding crisis has had a significant impact on the insurance landscape for building surveyors in recent years. While many businesses sent out notifications of circumstance in 2019 seeking coverage for potential claims, insurers have not consistently provided broad cladding coverage, leaving building surveyor businesses uninsured for new issues that may emerge. Travis Gauci shares the latest update on cladding coverage and explains how we can assist with comprehensive insurance solutions for building surveyors.

June 13, 2023

Workplace Risk

Market Update: Workers' Compensation Premium Increases in NSW, QLD, and SA

Workers' Compensation premiums are one of the largest contributors to a business’ insurance expenses in Australia, and unfortunately premiums for State-run Government schemes are set to rise. Following on from our Victorian Workers’ Compensation update last month, Sharon Rutherford outlines the rates and key updates for Government Workers' Compensation schemes in New South Wales, South Australia, and Queensland.

June 12, 2023

Strata News

Why strata owners should consider cover for Machinery Breakdown

Strata complexes often have equipment that can be critical in the day-to-day operations of the property, like air-conditioning systems and lifts. If these systems break down, they can cause major disruptions and discomfort for residents. Anthony Chitty shares more about the optional cover within many strata insurance policies that can help minimise financial losses in the event of equipment and machinery breakdown.

June 8, 2023

Employee Benefits

Australian Businesses To Pay Super Every Payday By 2026

June 7, 2023

Employee Benefits

Flexible and generous changes to paid parental leave in Australia: Coming in July 2023

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.

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.

No items found.

latest news

Industry

HONEIN Quarterly Market Update

FY23 Q4 Market Update: Strata

FY23 Q4 Market Update: Real Estate

Allegations of Negligence: A Guide for Business Owners

Double the trouble? Navigating professional indemnity risks & 60-day dispensing

Gen Z Talent: Engaging the Workforce of Tomorrow

What the PwC saga can teach Professional Services about Professional Indemnity

Office Bearers’ Liability Insurance 101

Professional Indemnity: Why Early Notification About Potential Claims Matters

Waivers: How much protection do they give business operators?

Update: Cladding Coverage | Navigating Insurance Challenges for Building Surveyors

Market Update: Workers' Compensation Premium Increases in NSW, QLD, and SA

Why strata owners should consider cover for Machinery Breakdown

Australian Businesses To Pay Super Every Payday By 2026

Flexible and generous changes to paid parental leave in Australia: Coming in July 2023

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

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

Category Title

Featured Article

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

Market Updates

Covid-19

Previous Articles

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

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

Market Updates

Covid-19

With You All The Way.

Helping you to realise your growth strategies and limitless potential is the reason we exist.

Contact Us Today.

LATEST NEWS