AIB Insurance Brokers

13/10/2026

🔥 Bushfires can cause untold damage to businesses and their supply chains as well as to properties and vehicles.

While you can't control the weather, adequate insurance can help to protect businesses across Australia from the risks bushfires pose to both their premises and trading.

Here's a quick explainer video highlighting how business insurance can help protect your business from the impacts of bushfires. Give the team a call on 07 5409 4600 to get a quote today.

06/10/2026

Australia is facing the prospect of a record breaking El Niño this year. El Niño is typically characterised by lower than average rainfall, higher and more extreme temperatures and higher fire danger.

It's a timely reminder to review your business insurance now. It’s important for businesses to understand how their insurance cover could respond in the event of weather events caused by El Niño such as bushfires.

Here's a quick explainer video highlighting how our tailored insurance packages can help protect your business.

30/09/2026

Did you know...?
❗ The 2019-20 Black Summer bushfires across Victoria, NSW, Queensland and SA resulted in $5.47 billion in insurance claims.
❗ Two-thirds of Australia’s small and medium sized businesses said they were directly or indirectly impacted by the Black Summer bushfires.
❗ Around 17% of firms impacted by the Black Summer bushfires closed their business.

While you can’t control the weather, insurance can help to protect small businesses across Australia from the risks bushfires pose to both their premises and trading. Contrary to popular belief, bushfires are not just a threat facing rural businesses. Thanks to the urban sprawl of our cities, outer metropolitan suburbs are meeting the bush and increasing the risk to more businesses Australia-wide.

Give us a call on 07 5409 4600 to review your cover.

Source:
¹ Insurance Catastrophe Resilience Report: 2020-21, Insurance Council of Australia.
² NAB SME bushfire impact survey: part 1, 2nd March, 2020.
³ NAB SME bushfire impact survey: part 1, 2nd March, 2020.

23/09/2026

El Niño can contribute to hotter, drier conditions across parts of Australia, increasing the risk of bushfires, extreme heat and operational disruption. For businesses, these conditions can affect much more than physical property. Road closures, power outages, supply chain delays and reduced customer access can all interrupt normal trading.

At the time of writing in August 2026, the Bureau of Meteorology reports that a strong El Niño is firmly established and likely to intensify during spring. The Bureau expects the event to persist into autumn 2027, although it cautions that a strong El Niño does not necessarily produce equally severe effects across every part of Australia.

Recent analysis from ABC News indicates that the 2026 El Niño has developed particularly quickly and could become one of the strongest on record. Below-average rainfall and unusually high temperatures are forecast across many areas, raising concerns about drought and fire danger.

While weather conditions cannot be controlled, businesses can take practical steps to prepare. This should include reviewing your risk management procedures and understanding how your business insurance may respond if your property or operations are affected.

Learn what El Niño means for Australian businesses and what to consider when reviewing property, vehicle and business interruption insurance.

16/09/2026

Australia is facing the prospect of a record breaking El Niño this year. El Niño is typically characterised by lower than average rainfall, higher and more extreme temperatures and higher fire danger.

It's a timely reminder to review your business insurance now. It’s important for businesses to understand how their insurance cover could respond in the event of weather events caused by El Niño such as bushfires.

Did you know...?

🔥 Claims arising from the 1983 Ash Wednesday bushfires had a normalised cost of $2.46 billion.

🔥 The 2019–20 bushfires across New South Wales, Queensland, Victoria and South Australia resulted in $2.32 billion in claims.

🔥 Claims related to the 2003 Canberra bushfires had a normalised cost of $839 million.

While you can’t control the weather, insurance can help to protect small businesses across Australia from the risks changing weather patterns pose to both their premises and trading. Contrary to popular belief, bushfires are not just a threat facing rural businesses. Thanks to the urban sprawl of our cities, outer metropolitan suburbs are meeting the bush and increasing the risk to more businesses Australia-wide.

Give us a call on 07 5409 4600 to review your cover.

Source:

¹ Insurance Council of Australia, Historical Catastrophe List, 2022
² Insurance Council of Australia, Historical Catastrophe List, 2022
³ Insurance Council of Australia, Historical Catastrophe List, 2022

09/09/2026

How do you know if you are underinsured? You are at risk of being underinsured if:

❗ You haven’t updated your insurance cover to reflect the growth of your business.
❗ Your insurance is based on an outdated replacement cost of your business assets.
❗ You are covered for damage to your business premises but have not considered other forms of financial loss such as business interruption and management liability.

Sorting out your insurance cover often drops to the bottom of your never ending to-do list. That’s where we can help. We do the hard work of reviewing your insurance strategy, adapting your cover and giving you peace of mind that your business is properly insured.

Contact the AIB team today on 07 5409 4600 and let us help you review your policies:

1 in 10 Australian small businesses with insurance don’t have enough cover to protect themselves against business disruption, legal liabilities or loss or damage to their assets. This is referred to as ‘underinsurance’ and it can greatly increase the risk of a business having to close down if ...

01/09/2026

Unfortunately, 1 in 10 Australian businesses with insurance don’t have enough cover to protect themselves against business disruption, legal liabilities or loss or damage to their assets. This is referred to as ‘underinsurance’ and it can greatly increase the risk of a business having to close down if something goes wrong.

It’s common for business owners to underestimate either the reinstatement or replacement costs of their business assets after a damaging event such as a fire or storm. It's worth having your AIB broker review your current policies to ensure your insurance isn't based on outdated costs of replacing buildings, contents and stock.

Give the team a call on 07 5409 4600 to get a quote today.

25/08/2026

🔍 When was the last time you had your business insurance cover reviewed? Has you business grown or acquired more assets since you took out your insurance cover?

Underinsurance is when insurance is based on outdated costs of replacing buildings, contents and stock. And 1 in 10 Australian businesses don't have enough cover to protect themselves from business interruption, management liability, professional indemnity and loss or damage to property and assets.

Give us a call on 07 5409 4600 to review your cover today or contact us for a policy review here: https://www.aibinsurance.com.au/review-my-policy/

24/08/2026

Underinsurance can be a serious problem in Australia, especially when people don’t regularly review the sum insured.

“Small businesses should aim to review the value of their assets at least once a year,” says Michael White, Steadfast Broker Technical Manager.

Rising inflation means materials commonly used to replace damaged properties, are in short supply so it's important for small businesses adjust their insurance.

11/08/2026

Transport and logistics businesses face a broad range of risks depending on the area of operations they specialise in, but a shortage of skilled workers and work health and safety concerns are among the long-standing risks facing all operators.

At AIB we understand the complexity and risks that transport and logistics companies face.

Here's a quick explainer video highlighting how our tailored insurance packages can help protect your business.

Find out more: https://www.aibinsurance.com.au/sectors/transport-insurance/
Give us a call on 07 5409 4600 to get a quote today!