News: Insurance
Standards Australia publishes terrorist risk management handbook
With Australia's current National Terrorism Threat Level labelled as “probable”*, meaning there are individuals or groups that may have the intent to cause harm in…
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New COVID outbreak sees cancellation of Newcastle’s Lunar Electric festival
New outbreaks of the Omicron variant of COVID-19 in the NSW Hunter Valley has seen the cancellation of Newcastle’s Lunar Electric music festival. Due to have been staged on…
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Insurer Sportscover surprised by Small Business Ombudsman’s support for attractions mutual fund
Leading industry insurer Sportscover has questioned the recommendation in the recent The Show Must Go On report from the Small Business and Family Enterprise Ombudsman that a Discretionary…
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Launch of COVID-19 insurance brings certainty to events
Aiming to help more performers and event industry professionals return to work, the Victorian Government has today launched Australia’s first COVID-19 event insurance. The 12-month…
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Wellington City Council pays $3.6 million to cover COVID-19 cancellation of art event
Wellington City Council has paid out $3.6 million to the World of WearableArt (WOW) event which was forced to cancel for a second successive year due to COVID-19 restrictions. With the…
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Small Business Ombudsman’s report calls for a Discretionary Mutual Fund as solution for amusement and attractions insurance challenges
The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, has today released the final report into the insurance crisis facing Australia’s amusement, attractions…
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Live music and entertainment industry urges Governments to deliver national insurance scheme as Omicron threatens recovery
A government-backed insurance scheme is being called for by the live music and entertainment industry as the emergence of the new Omicron COVID-19 variant has placed the industry on high…
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Federal Government rejects call for national event insurance scheme
The Federal Government has rejected recommendations from a Senate committee inquiry that called for a national insurance guarantee to protect events cancelled by COVID-19 restrictions.…
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