King Insurance Services

🎤 ACCOUNTANTS, LAWYERS, CONSULTANTS: YOU'RE ONE MISTAKE AWAY 🎤

Your client follows your advice.
It goes wrong.
They lose $200,000.
They're suing YOU.

Professional Indemnity Insurance is literally the difference between:
- Insurance covering it
- OR paying for it yourself from your house

Real Brisbane example:
Accountant gave tax advice that turned out to be incorrect.
Client faced $45k ATO bill + penalties.
Client sued.

Without PI: Accountant personally liable
With PI: Insurance covered it

Cost? Accountants need minimum $2-$75 million cover depending on services and fees earned. Annual premium typically ranges from $1,500-$10,000+ depending on practice size and risk.

If you give professional advice (and you do), you MUST have PI.

Applies to:
- Accountants & tax agents (REQUIRED by CPA Australia/IPA)
- Lawyers (REQUIRED - minimum $2M for solicitors, $1.5M for barristers)
- Management consultants
- Engineers & architects
- Financial advisors
- Insurance brokers

What's your biggest liability? Let's talk PI cover.

King Insurance - protecting Brisbane professionals since day one.

📦 EXPORTING GOODS? YOUR STANDARD POLICY DOESN'T COVER THIS 📦

Shipping containers to Asia?
Sending samples to US clients?
Exporting locally manufactured goods?

Your standard Business Insurance probably:

❌ Doesn't cover goods in transit
❌ Doesn't cover goods at the port
❌ Doesn't cover goods in foreign warehouses
❌ Doesn't cover shipping delays
❌ Doesn't cover loss of cargo at sea

Marine & Cargo Insurance is specifically designed for this.

Covers:
✓ Goods while being transported
✓ Risk of damage/loss during shipping
✓ Liability to third parties
✓ Warehouse coverage
✓ Delay of goods

Real example: Brisbane exporter lost $180k worth of goods in transit. No Marine & Cargo cover. $180k came straight from the business bank account.

Growing your export business? Let's get you properly covered.

King Insurance - we understand Australian trade.

⛵ TAKING YOUR BOAT OUT THIS WEEKEND? ⛵

Before you launch that tinnie or jet ski, answer this:

Are you actually covered?

"But I've got boat insurance!"

Do you have:
✓ Third party liability (if you hit someone else's boat)?
✓ Damage to your vessel (if YOU crash)?
✓ Legal liability up to $20M (requirement on many policies)?
✓ Personal accident protection?
✓ Uninsured boater protection?

Most Brisbane boat owners have NO idea what they're covered for.

Until something goes wrong.

One collision on the Brisbane River? Could cost you $100k+.

Pleasurecraft Insurance is specifically designed for boats, jet skis, yachts and tinnies - not standard car/home policies.

King Insurance specialises in Marine & Pleasurecraft cover.

Let's make sure you're actually protected before you hit the water.

🏠 LANDLORDS: YOUR TENANT DATA IS YOUR LIABILITY 🏠

Own investment properties? You're holding:

- Tenant TFNs
- Bank statements
- ID documents
- Employment records
- References with personal details

One breach and YOU'RE liable under the Privacy Act for:
✓ Privacy Act penalties
✓ Tenant notification costs
✓ Credit monitoring services
✓ Statutory Tort claims (introduced June 2025)
✓ OAIC investigation costs

The Privacy Act applies to organisations with turnover over $3 million holding personal information.

If you're an investor landlord managing multiple properties, you likely fall under this.

Landlord Insurance with Cyber extension = essential, not optional.

Managing Brisbane properties? Let's review your coverage.

⚠️ NEW LAW ALERT: YOU MUST REPORT RANSOMWARE PAYMENTS ⚠️

As of May 2025, if your business:
- Has turnover over $3 million, OR
- Is critical infrastructure
..you MUST report any ransomware payment to the Australian Signals Directorate within 72 hours.

Penalty for not reporting? Nearly $20,000.

The grace period ended Jan 1st 2026. They're actively enforcing this now.

Most business owners have no idea this law exists. Now you do.

Questions about how Cyber Insurance helps with incident reporting? We've got answers.

🏥 EVEN YOUR IVF CLINIC ISN'T SAFE 🏥

February 2025: Genea (one of Australia's top 3 IVF providers) got hit with ransomware.

940GB of patient data stolen. Medicare numbers, fertility records, identity documents - all of it.

The hackers published everything on the dark web when Genea refused to pay.

Patients weren't notified until JULY. Five months later.

Here's the thing about ransomware: Backups protect against encryption. They don't protect against your data being published online.

Healthcare businesses need proper Cyber cover with privacy breach response. Full stop.

🎯 ONE EMPLOYEE. 280,000 CUSTOMERS EXPOSED. 🎯

iiNet breach - August 2025:

One employee's login credentials were stolen.
That's all it took.
280,000 customer email addresses exposed.
20,000 phone numbers leaked.
10,000 addresses compromised.

Think you're too small to be a target? Hackers don't care about size. They care about easy access.

Stolen credentials are now the #1 way Australian businesses get breached.

This is why Cyber Insurance includes incident response support - because when (not if) it happens, you need experts immediately.

King Insurance - protecting Brisbane businesses since day one.

📞 THE PHONE CALL THAT COST $500,000 📞

Four Australian retirees just lost their super savings.

How? Hackers used stolen passwords to access AustralianSuper accounts and transferred out $500,000.

This happened in April 2025. Not some distant news story.

The attack hit AustralianSuper, Rest, Hostplus and Australian Retirement Trust - all in one weekend.

Lesson: If your password has been in ANY previous data breach, criminals already have it. And they're trying it everywhere.

Protect your super. Protect your business. Use different passwords everywhere + turn on MFA.

Need help reviewing your Business Insurance cyber coverage? Give us a call.

💰 THE REAL COST OF A CYBER ATTACK 💰

Fresh data from the Australian Signals Directorate:

Small businesses: $56,600 average loss
Medium businesses: $97,000 average loss
Large businesses: $202,691 average loss

And here's the kicker: 60% of small businesses close within 6 months of a major cyber attack.

Your business might survive a bad month. Can it survive a $56,000 hit PLUS weeks of downtime?

Cyber Insurance isn't just for the big players anymore. It's essential cover for every Queensland business.

🔨 TRADIES: CAN'T GET ON SITE WITHOUT THIS 🔨

Turned up to a job site this week only to be turned away?

Let me guess - they asked for your Public Liability certificate and you don't have one.

Here's the reality in Queensland:
Most commercial sites, builders, and head contractors WON'T let you on site without Public Liability Insurance.

It's not optional. It's the cost of doing business.

What it covers:
✓ Client trips over your tools and breaks their arm
✓ You accidentally damage someone's property
✓ Your apprentice drops something that hits a car
✓ Water damage from a plumbing job gone wrong

One claim can cost you $50k+. Without insurance, that's coming straight from YOUR pocket.

Public Liability for Brisbane tradies starts around $600-800/year.

One lawsuit costs your house.

King Insurance - we specialise in getting tradies on site, legally covered.