Why businesses should consider cyber risk insurance
The reliance that businesses have on technology is growing, and with it has the prominent field of cyber risk insurance. As the specialist business insurance broker of many New Zealand enterprises, Bonded Insurance has established relations with providers of cyber risk coverage.As our digital footprint grows, the risk of a commercial cyber-attack has gone from a question of if, to when. New Zealand businesses must continue to evolve with the global digital world, developing cybersecurity measure...
September 9, 2018Are you on top of managing the risks facing your business?
What would happen in or to your business if a key member of staff should suddenly no longer be around? Would your business be able to carry on as normal or would you suddenly have a crisis on your hands?Small to medium-size enterprises in particular can be especially vulnerable to the loss of a key member of staff, and some may even be forced to shut down as a result. However, even large organisations can be left vulnerable if they should suddenly experience the loss of an employee who plays a v...
July 15, 2018Bond Broker Eases Surety Burden
Auckland surety broker Bonded NZ has placed or is negotiating around $200 million in performance bonds since the company began business less than two years ago.Founder-director John Earwaker said major Australian contractors were among his biggest clients, seeking bonds for large infrastructure projects throughout Asia, the Middle East and within Australia.“We haven’t scratched the surface yet and we are now convincing New Zealand contractors that they don’t have to go to a bank and provid...
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