Crucial Insurance

If a fire forced your main site to close, how long would it take your business to recover?

For businesses with valuable machinery, significant stock or multiple locations, replacing damaged property is only part of the challenge. An interruption to trading can continue long after repairs begin.

Industrial Special Risks (ISR) Insurance may help address both property damage and business interruption, depending on the policy.

Our latest guide explains when ISR may be worth considering and what to review before renewal, including property values, recovery periods, limits and exclusions.

🚨A cheaper workers’ compensation premium can sometimes hide a much bigger liability problem 🚨

Some businesses are advised to separate parts of their operations into different entities to manage risk, protect assets or make payroll classifications cleaner.

But if one entity employs the workers while another controls the worksite, directs the work or manages safety, an injury claim may not stay neatly inside workers’ compensation.

The risk can shift into public liability, creating a much larger issue than expected.

In our latest article, we explain the hidden insurance risk of internal labour hire entities, and what businesses should review before making structural changes.

Read the full article in the comments.

We’re proud to announce that Crucial Insurance and Risk Advisors has been named the preferred insurance and risk partner for MYMAX

MYMAX supports private business owners and leadership teams as they navigate growth, change and transition, helping them make better decisions and build stronger businesses.

This partnership is especially meaningful to us because our own Managing Director, Tony Venning, has experienced the MYMAX Owner Manager Program firsthand.

Last week, Tony returned to the program as a speaker.

The session focused on practical, real-world ways business owners can identify risk, make more confident decisions and build greater resilience as they grow.

We’re privileged to join MYMAX as an Industry Partner and look forward to supporting more private business owners as they lead, grow and prepare for the future.

Thank you to the MYMAX team for the warm welcome.