Insights

Tim Larkin

Recent Posts

High-risk clients – bring them on

By Tim Larkin on Mar 15, 2019 12:10:00 PM


Why the untouchables could be the next big thing for your business

As an insurance adviser you strive to represent your clients best interests and provide them with the best-value insurance in the market. However, what happens when your client has a poor claims history and many of the underwriting options are simply unavailable to you? 

Read More

Risk management - It's about being proactive

By Tim Larkin on Feb 28, 2019 11:51:00 AM


If you talk to any big business owner, or their management team, they’ll tell you that managing mitigating and reducing risk is one of their top priorities. What they understand is that any investment they make to help reduce risk in their business is well worth it. They’ve assessed and calculated the risks and challenges their business faces, and have taken steps to eliminate them – or reduce them as much as possible.

Read More

How to truly become a trusted financial advisor

By Tim Larkin on Feb 14, 2019 11:50:00 AM


When you think of professionals who business owners consider a trusted financial advisor, accountants would be among the first to spring to mind. And yet, in a 2018 survey of MYOB clients, only 6% thought of their accountant as a trusted financial advisor. That’s in stark contrast to the 72% of accountants who viewed themselves as trusted financial advisors.

Read More

Revealed: how innovative insurance brokerage firms are using Dacreed’s platform to boost market share

By Tim Larkin on Jan 31, 2019 12:05:58 PM


Technology is changing the face of most industries around the world, and the insurance sector is certainly no exception. Software generally is making it easier than ever before for clients to get advice, purchase insurance, and process claims.

Dacreed is a risk management platform designed to help clients reduce and manage their actual business risk. It’s an add-on risk management solution used by clients to supplement their insurance policies.  Already, leading brokers are providing the platform to add value for their clients.

Read More

Protect your business from personal grievance claims

By Tim Larkin on Oct 9, 2018 2:05:36 PM

 
If a personal grievance action is brought against your business the costs can be high. Employers and Manufacturers Association data for 2017 shows the average costs incurred by employers unsuccessfully defending themselves against personal grievances was $60,665; the employee success rate was 70% nationally. However, even with a ‘win’ the cost to the employer is significant. Add to that the loss of productivity and the negative impact of taking the focus off day-to-day operations. Not ideal if you’re a business owner.
Read More

How to reduce your insurance premiums

By Tim Larkin on Oct 2, 2018 3:54:09 PM

It’s easy to take out an insurance policy to cover business risks. But is it easy to reduce your premiums? Surprisingly, the answer is yes. Taking the simple step of online compliance training for staff can reduce your premiums and lower your business risk.

Read More