ICI Insurance Services / I Construct Insurance

15/12/2025

https://www.instagram.com/p/DSQeJWSFQK_/?igsh=ZnZ1eHVnamI2NWJ6

30/09/2025

Many small to medium size businesses think they are too small to be a target for cybercriminals, but statistics show otherwise. Although small businesses are at risk, many business owners don’t make Cybersecurity and Cyber insurance a priority.
Here are 5 reasons why small to medium size businesses are cybercrime targets:
1. You don’t consider yourself a target because you're a smaller business.
2. You're spread thin focusing on other parts of running your business.
3. You may work with many third-party partners, leaving you vulnerable to phishing, social engineering, and other attacks.
4. Usually fewer resources than large corporations to devote to cybersecurity.
5. Cyber Liability hasn’t even crossed your mind.

03/03/2025

Building 22 on Jacksons Hill has a deep history familiar to many Sunbury locals. Originally part of the Sunbury Lunatic Asylum, which opened in 1879, Building 22 served as the Female Refractory Ward. Constructed during the asylum's expansion between 1892 and 1912, it was specifically designed to house women transferred from the jail system. Despite this purpose, historical records reveal that many of its residents were not criminals.

The building itself is a striking rectangular structure with covered walkways and retains some unique features from its early days, including an original floor-to-ceiling padded cell. This cell is now preserved and offers a glimpse into the mental health practices of the time.

The asylum operated under various names until its closure in 1985. Following this, the site hosted Victoria University from 1994 to 2011, leaving the buildings mostly unused after their departure. In recent years, however, Hume City Council has taken steps to breathe new life into Building 22.

The council secured a long-term lease in 2022 and is now transforming it into the Sunbury Community Arts and Cultural Precinct. The aim is to create a dynamic space for art, culture, and community activities while maintaining the building’s historic character. Refurbishment work is set to begin in April 2025, with the grand reopening planned for late 2025.

For locals, Building 22 is more than just a heritage structure. It's a symbol of Sunbury’s past and its evolving future, now poised to become a vibrant cultural hub for the entire community.

You can book your tickets on this link:
https://www.eventbrite.com.au/e/iwd-by-the-sba-tickets-1245913263109

10/09/2024

https://www.abc.net.au/news/2024-09-09/the-strata-trap/104330248

Body Corporate managers should not be organising insurance.

Four Corners is the home of Australian investigative journalism.

25/08/2024

Office moving day 😃

17/02/2024

12/09/2023

Many small to medium size businesses think they are too small to be a target for cybercriminals, but statistics show otherwise. Although small businesses are at risk, many business owners don’t make Cybersecurity and Cyber insurance a priority.

Here are 5 reasons why small to medium size businesses are cybercrime targets:

1. You don’t consider yourself a target because you're a smaller business.
2. You're spread thin focusing on other parts of running your business.
3. You may work with many third-party partners, leaving you vulnerable to phishing, social engineering, and other attacks.
4. Usually fewer resources than large corporations to devote to cybersecurity.
5. Cyber Liability hasn’t even crossed your mind.

18/05/2022

Why Businesses should be considering Management Liability.

Generally, one of the largest assets of a director of a private company can be their own business. Conversely, it can also be one of their largest personal liabilities. It is usual for directors and officers to purchase insurance policies to protect the buildings and equipment used within their business. However, they often overlook or may not even be aware cover is available for the personal liabilities they can incur in the course of running their business.

What does Management Liability Cover?
Management Liability insurance policies address the personal liabilities directors and officers of private companies and incorporated organisations face in the administration and operation of the business. It includes cover for loss or damage arising from allegations of mismanagement; employment practices issues; workplace health and safety investigations; fines and penalties arising from inadvertent breaches of various types of legislation where legally permissible to do so. Coverage also extends to protect the organisation for the above, as well as employee theft and third-party crime; tax audit costs and crisis costs.

26/04/2022

Why use an insurance broker?
As a business owner unless it was your industry you wouldn’t think of doing your own legal work or IT . So why should your insurance be any different? It is just as important to protect your Business assets and risks as it is to get your BAS right.

03/02/2022

Some insurance claims statistics from the last 12 months .......

Cyber incidents (claims) increase by 40%, Cyber insurance is a must have cover no matter the size of your business.

Natural catastrophes claims increased by 25%, most businesses are underinsured on their property risks and even more do not have any Business Interruption cover.

01/12/2021

The Insurance Council of Australia has estimated that most properties are underinsured – the percentage is upwards of 80%. Since the pandemic, rebuilding costs have increased dramatically due to ongoing material shortages and labour scarcity.
Quantity Surveyors have estimated that the cost of rebuilding many Australian homes & commercial buildings have increased by over 10%.
This highlights the need to ensure that your property values are reviewed to ensure they are adequately protected and avoid the issue of underinsurance. Whilst your broker cannot and should not replace a surveyor or valuer we can offer calculators to give you a good idea of what values you should be insuring for.