The PwC scandal offers valuable lessons for SMEs regarding contract breaches, conflicts of interest, and professional indemnity issues. This incident highlights crucial aspects of business conduct and ethics applicable to businesses of all sizes...
Read more
Each year, almost 800 Australians die due to using items that were unsafe due to their production or the way they were sold. The ACCC’s analysis shows fatalities due to faulty products were predominantly a result of: Fire, flames, or heat (burns)...
Read more
Supply chains, traditionally susceptible to disruption, have become more unpredictable post-pandemic, as highlighted in a global Shopify report. Ongoing challenges include sanctions, aftershocks, political instability and persistent shortages...
Read more
Australia’s skills shortage and high manufacturing costs mean importing products and parts from overseas can make good business sense. This article is your risk management update on sourcing from foreign manufacturers. Risks of imported...
Read more
Bush fire risks persist year-round. Variables like vegetation, humidity, wind, rain, lightning, and temperature inversions influence hotspots. According to the Bureau of Meteorology (BoM), Australia has five fire danger seasons: Winter and...
Read more
Australian SMEs must adopt Ai for competitive advantage, especially in cybersecurity. Workday’s Global Study of AI in business, study shows 90% of surveyed businesses use AI for operations, though its rapid evolution poses uncertainties and...
Read more
Generative AI, like OpenAI’s ChatGPT, revolutionised business in under a year. This machine learning tech creates diverse content from text to image. Examples include Google Bard, Snapchat’s my AI, DALL-E2, Midjourney, and Microsoft’s VALL-E...
Read more
The cost of living has been a struggle for Australian businesses and households. Adding to this is the expected rise in home insurance, typically by about 10%. We’ll share our tips on reducing the hit to your hip pocket, while still ensuring...
Read more
Resilience skills help businesses in crises, such as during the pandemic, but also outside of those times. Resilience is being able to evaluate, identify, and address challenges as swiftly as possible to achieve a good outcome. It’s good to know...
Read more
The Domestic Insurance (Home, Car and Landlord) market in Australia has been faced with numerous natural disasters over the last few years which has significantly impacted its profitability. This has had a ‘knock on effect’, with...
Read more
With spring around the corner, it’s a great opportunity to start spring cleaning for your business. Evaluating your operations at the start of the second quarter allows you to tweak and transform in ways that may pay off for the rest of the...
Read more
It’s important to keep the environmental risks of your building projects to a minimum. Here’s a checklist to help you manage these factors. Risk #1: Flooding Understand historical flood patterns and future flood maps. Keep an eye on expanding...
Read moreAcuity Risk Solutions © 2020 All Rights Reserved. Acuity Risk Solutions Pty Ltd ABN 31 605 374 918 AR Number 1252338
Acuity Risk Solutions Pty Ltd trading as Acuity Risk Solutions is a Corporate Authorised Representative (No: 001252338) of McLardy McShane Partners Pty Ltd AFSL No: 232987 ABN: 14 064 465 309
Privacy Link | Complaints Link | Financial Services Guide
Acuity Risk Solutions endorses the Insurance Brokers Code of Practice. To obtain a copy of the code click here.