Our Services
Some of our Insurance products to help you achieve your goals
1. SME Business Package Insurance
Having adequate insurance cover is one of the most fundamental parts of being in business. It provides invaluable protection against a range of risk events, reducing financial uncertainty and protecting both your own livelihood and that of your workforce. You have a lot to protect, from assets such as your buildings, plant & machinery, contents, stock and customer goods, to your business income and legal liabilities.
2. Motor Insurance
One of the more common types of business cover, motor/vehicle insurance protects your business fleet against costs arising from theft and accidents. Your policy can be tailored to include a range of commercial vehicles from cars and motorbikes to vans, trucks and even buses and heavy motor vehicles.
3. Cyber Insurance
In the past two decades, the rise of digital technologies has lead to cyber risk become one of the leading risk factors for businesses in Australia. The Australian Government estimates almost 700,000 businesses have already fallen victim to cyber crime, with many not even realising. More than half of these attacks were targeted at small to medium size businesses with the average cost of a cyber crime attack being more than $275,000. Despite the potential risks and costs, most businesses in Australia remain largely unaware of their cyber exposures.
4. Property Insurance
Property Insurance has several different names in the insurance industry. Depending on your insurer it can also be known as Fire and Perils cover or Material Damage cover. But regardless of the name, it covers the material items of your business such as buildings, contents, stock, plant and machinery, customers’ goods and goods in your care, custody and control. The policy normally covers perils such as fire, lightening, explosion/implosion, destruction or damage caused by aerial devices, natural events like earthquakes, storms, cyclones, floods, storms, rainwater, wind, hail, snow and bushfires.
5. Liability Insurance
Despite your best intentions sometimes accidents still happen. Today’s businesses are exposed to an ever growing list of legal liabilities. As increasing globalisation makes the world and legal systems more complex, so does the process of ensuring your liability policy is broad enough to pick up all of the legal liabilities you are potentially exposed to in the operation of your business.
6. Contract Works Insurance
You need contract works insurance in place before a peg is put into the ground. Many things can go wrong where building works are involved, whether that be at excavation or even completion stage of any project. This insurance is designed specially to provide any physical and related party liability damage as well as loss of building materials, fire and malicious damage.
7. Plant & Equipment Insurance
If you have mobile plant and equipment, we can arrange to ensure this plant and equipment is properly insured to protect both the equipment but importantly also the liabilities associated with its use. This product is designed to cover everything from the smallest of earthmoving machines through to the largest fixed or mobile cranes – and everything in between.
8. Directors & Officers Management Liability Insurance
If you have a small to medium sized private company, you could be protected by a policy that covers claims from a wide range of management liabilities, such as; directors and officers liability, company reimbursement, liability and employment practice liability. We as an advisers, are ideally placed to discuss your specific business situations.
9. Workers’ Compensation Insurance
Workers’ Compensation is compulsory for all Australian employers. It provides protection to workers if they suffer a work-related injury or illness. Any business that employs or hires workers on a full-time, part-time or casual basis, under an oral or written contract of service or apprenticeship, must have workers compensation insurance that covers their workforce. State and Territory governments regulate the workers’ compensation scheme in their state and, as such, the schemes are often administered in different ways.
10. Home & Contents Insurance
For most Australians the family home is the largest asset they will ever own. This highlights the importance of being adequately insured. Home insurance covers material damage to your house from events such as fire, lightning, explosion/implosion, destruction or damage caused by aerial devices, as well natural events like earthquakes, storms, cyclones, etc.
We live in an unpredictable world these days. Thus, there are many legitimate reasons to prepare yourself for those unannounced curveballs.
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Get answers to your questions here
What does NSB Risk Advisory do?
We create value for our customers ensuring the risk mitigation strategies and insurance programmes are tailored to suit needs of NSB
customers and achieve their business objectives.
Is NSB Risk Advisory Insurance Broker?
Yes. NSB Risk Advisory is an insurance risk advisory firm who is part of the Community Broker Network.
What makes NSB Risk Advisory so different?
Strong relationships, quality advice and tailored coverage is the cornerstone of our
foundation and we will continue to strive to create, capture and sustain value for our customers
How can NSB Risk Advisory help you in claims?
NSB will act on your behalf, including attending meetings with you where appropriate to ensure your claim is processed and finalised swiftly and efficiently.