Do you have enough insurance for your small business?

Underinsurance remains a serious issue for small businesses, with the Insurance Council of Australia’s (ICA) statistics showing 12.8  per cent of small businesses and 24 per cent of sole traders have no insurance. Organisations operating in the education sector have the highest rate of non-insurance at 25 per cent of entities in this industry with no insurance. ARMA Insurance Brokers …

Tammy Sabariz: The Rayment Excavations story

Originally established by Ian and Marilyn Rayment, for more than 40 years Rayment Excavations have been providing earthmoving and excavation services for civil, residential, and commercial construction and have built a solid reputation in the industry for delivering on time and on budget. “Ian and Marilyn started Rayment Excavations in 1981 with a single backhoe to now having a fleet …

Insurance premiums tripling in the METS sector

A growing number of small to medium-sized businesses that service the resources sector are having significant problems securing insurance because of recent climate change-related policy changes by insurers, ARMA Insurance Brokers CQ managing director Tony Noyes said. “Central Queensland businesses support the state’s $82.6 billion resources sector, particularly our local Mining, Engineering and Technology Services (METS) sector, with many now …