Business Insurance

From the team at FB Insurance Brokers You’re good at what you do. A customer enquires, you send a quote, and then you hear nothing. Meanwhile, another business that replied faster and showed its finished work gets the call. And the choice keeps growing. As of 30 June 2026, there were 2,814,778 actively trading businesses in Australia, and 460,461 of them entered the market in 2025-26 alone. (Source: ABS, Counts of Australian Businesses, including Entries and Exits, released 1

Your First 100 Days as New CEO or CFO

Insurance is designed to protect businesses and property owners from financial loss. However, many insurance issues arise not because a policy is missing, but because important details have been overlooked. Understanding common mistakes can help businesses and property owners make more informed decisions about their coverage.

You've just landed a new contract, and the client wants a certificate of currency before you can start. Or you're setting up a new Sydney business and trying to figure out whether you're actually covered if something goes wrong. For most business owners, insurance only gets real attention when it becomes urgent, a compliance requirement, a close call, or a conversation with someone who learned the hard way. Business insurance in Sydney is not a single product. What a sole tra

Ripple Effects: The Insurance Implications of China’s Sulphuric Acid Export Ban ================================================================================= China’s decision to halt exports of sulphuric acid, the world’s most widely used industrial chemical, is sending shockwaves through global supply chains. Driven by Middle Eastern shipping disruptions that choked the supply of raw sulphur, this structural pivot toward domestic resource hoarding leaves international bu

How much is public liability insurance in NSW? For most small to medium NSW businesses, public liability insurance costs roughly $400 to $1,500 a year. Higher-risk industries like construction often pay several thousand dollars. Your premium depends on your industry, turnover, cover limit, claims history and excess. When running a business in New South Wales, especially in sectors like construction, property, and development, protecting yourself from unexpected claims is cruc

If you’re a small business owner, you’ve likely asked yourself: “Do I really need cyber insurance?” With cyberattacks rising every year and small businesses becoming prime targets, this question is more relevant than ever. The short answer? Yes, most small businesses benefit from cyber insurance. However, the long answer is more nuanced. Let’s break it down clearly. Why Small Businesses Think They Don’t Need Cyber Insurance Many business owners hold misconceptions about cyber

The landscape of business insurance is evolving. Liability, Directors & Officers, and Professional Indemnity (LDI) standards are no exception. For businesses of all sizes, these updates are more than just regulatory changes. They can affect coverage, risk management, and even strategic decision-making. Understanding these changes now is key. Waiting until standards are officially in place could leave your business underinsured or exposed to unforeseen liabilities. In this blo

Do I Need Public Liability Insurance? Public liability insurance is an essential consideration for many businesses and professionals. Here are some key points to help you determine if you need this type of insurance. What is Public Liability Insurance? Public liability insurance covers legal costs and compensation claims made by third parties for injury or damage to their property as a result of your business activities. Who Should Consider Public Liability Insurance? - **

Introduction If you’re a business owner in New South Wales, one of the first questions you’ll likely ask is: How much does business insurance actually cost? The challenge is that there isn’t a simple answer. Costs can vary significantly depending on how your policy is structured, what risks are covered, and the nature of your business itself. Why Business Insurance Costs Vary Many business owners expect a standard price range. In reality, insurance premiums are influenced by

In recent years, more people are working from home or running side businesses from their living space. Whether you’re freelancing, selling goods, consulting, or just taking a few orders, you might wonder: does my home insurance still cover me? Running a business from home can create risks and responsibilities that are very different from what standard home or contents insurance usually covers. In this blog, we’ll go through what you need to know and how to make sure you’re pr

Starting a business in Australia is a major milestone, but too often, founders overlook one crucial step: insurance. The right policy can protect your income, reputation, and assets when things don’t go to plan. Whether you're a sole trader, a consultant, or running a small team, understanding your risks early can save you from major headaches later on. In this post, we’ll unpack the essential types of business insurance for Australian startups and how to decide what fits you

Construction is one of Australia’s highest-risk industries and without the right insurance, even a minor accident can lead to major financial setbacks. Whether you’re a builder, developer, or subcontractor, understanding which covers are essential is key to protecting your business, team, and reputation. In this guide, we’ll walk you through the must-have policies, common gaps, and how FergusonBrown helps construction businesses stay compliant and confident on every project.

What insurance does a startup need in Australia? Most Australian startups begin with public liability insurance, then add professional indemnity if they give advice or provide a professional service, a business pack to protect equipment and stock, and cyber cover if they hold customer data. Workers compensation is generally compulsory once you employ staff. Starting a business in Australia is a major milestone. However, many founders overlook one crucial step: insurance. Havi