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Insurance For Trades Articles

At Insurance For Trades, we curate insightful articles just for you. Dive into our selection and discover something new today!

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Trades Insurance Articles

Affordable Insurance Options for Small Trade Businesses in Australia
Affordable Insurance Options for Small Trade Businesses in Australia
Running a small trade business in Australia involves various risks, from accidental property damage to unexpected injuries on the job. These unforeseen events can lead to significant financial losses, which might be challenging for smaller enterprises to absorb. That's where comprehensive insurance comes into play. - read more
Why Tradies Need Tailored Insurance Coverage: A Comprehensive Guide
Why Tradies Need Tailored Insurance Coverage: A Comprehensive Guide
In Australia, a 'tradie' is a commonly used term for someone working in the trades, such as plumbers, electricians, builders, or carpenters. Tradies play a vital role in maintaining and improving our homes, businesses, and infrastructure. - read more
Top 5 Reasons Tradespeople Need Tools and Equipment Insurance
Top 5 Reasons Tradespeople Need Tools and Equipment Insurance
For tradespeople, tools and equipment are the backbone of their daily operations. From basic hand tools to advanced machinery, having the right gear is crucial for delivering quality work and maintaining efficiency. - read more
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Insurance News

IAG's Profits Surge by 91% as Premiums Continue to Rise
IAG's Profits Surge by 91% as Premiums Continue to Rise
04 Oct 2025: Paige Estritori
Insurance Australia Group (IAG) has reported a significant 91% increase in net profit for the first half of the fiscal year, reaching $778 million. This substantial growth is attributed to favourable weather conditions and strategic business operations. Despite a general easing of inflationary pressures, IAG's CEO, Nick Hawkins, has indicated that insurance premiums are expected to continue rising, albeit at a slower pace. - read more
ACCC Scrutinises IAG's Proposed Acquisition of RAC Insurance
ACCC Scrutinises IAG's Proposed Acquisition of RAC Insurance
04 Oct 2025: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has expressed concerns regarding Insurance Australia Group's (IAG) proposed acquisition of the Royal Automobile Club of Western Australia's (RAC) insurance business. The deal, valued at A$1.35 billion (approximately $877 million), aims to expand IAG's presence in Western Australia. However, the ACCC warns that this consolidation could diminish competition in the region's motor and home insurance sectors. - read more
Steadfast Group Acquires Majority Stake in Novum Underwriting Partners for Global Expansion
Steadfast Group Acquires Majority Stake in Novum Underwriting Partners for Global Expansion
25 Sep 2025: Paige Estritori
Steadfast Group, Australia's largest general insurance broker network, has announced the acquisition of a majority stake in Novum Underwriting Partners. This strategic move, revealed on September 1, 2025, is a pivotal step in Steadfast's ambition to expand its global operations. - read more
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Dictionary

Premium

noun

The amount paid for an insurance policy, usually on a regular basis, to maintain coverage.

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