Coverit Insurance in Ringwood, Victoria | Businesses

Coverit Insurance

Locality: Ringwood, Victoria

Phone: +61 3 9847 0863

Address: 10/12 Maroondah Highway 3134 Ringwood, VIC, Australia

Website: https://www.coveritinsurance.com.au

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22.01.2022 Coverit is an Insurance consultancy practice based out of Melbourne’s east. With over 25 years of General Insurance experience, the Coverit team is dedicated in providing effective Risk Management support through their Broking and Claims handling expertise that negotiates for and on behalf of its clients. A client base which ranges from Manufacturer/Wholesalers, Importers/Exporters, Professional Services, Design & Construct business, Transport Logistics, ICT developers and ...consultants, Retailers, Property Owners, Strata and Family orientated business networks, has them recognised by clients and their peers as a respected business that values long term client relationships. The director of the company Damian Petruccelli, provides a personable service which offers up experience and understanding of sourcing Insurance markets as well as other related services suited to a situation. Whether it is ‘off the shelf’ or specially modified to suit Insurances products, the value in protecting those Assets most important in your personal or business life and the need to safeguard against the various legal exposures in any given occupation, is knowing that you have one regular point of contact to call on at any time. Lets talk. https://www.coveritinsurance.com.au/

19.01.2022 https://www.weatherzone.com.au//cold-front-sweeps-a/532390 What more can be thrown at us? To friends, clients particularly in the East of Melbourne this morning, regardless whether you are or are not insured through us, our support through advice on more superior home products than our direct budget market competitors is an added service and happy to discuss. Back to nice weather today. MORNING MELBOURNE!

19.01.2022 Cyber risk is the fastest growing exposure to small businesses in Australia. Cyber-crime now costs Australia around $1 billion per year. Cyber criminals and hackers are increasingly targeting Australian SME businesses of all kinds, as they lack the security sophistication of large corporations and therefore are a more attractive target. 25% of Australian businesses were hit by cybercrime in 2017, up from 20% in 2016. The worst impact was ranked as ‘downtime’ by 39% of busin...esses, and ‘time and expense spent on recovery’ by 27%. 60% of SMEs who suffered a significant cyber-attack in 2017 closed within 6 months. Ransomware activity increased by 2500% between 2016-2018. Ransomware is malicious software designed to enter a computer system when you accept a file or click an email link. It then irreversibly encrypts all files in the system, unless a ransom is paid by a deadline usually in untraceable Bitcoin. Under the Privacy Act, companies can now be fined up to $2.1m, and individuals up to $420,000, for serious or repeated interference with privacy following a data breach. Information Commissioner data breach notifications have increased by 612% since the Notifiable Data Breach scheme was introduced in 2018. 68% of breaches involved cyber incidents such as phishing, malware or ransomware attacks, and compromised or stolen credentials. Employee error is responsible for 33% of all data breaches. Cyber Insurance Protects You Cyber insurance protects your business from financial loss due to hacking, malicious viruses, ransomware, human error and data theft. This may include the costs of: - Recovering or replacing your records or data - Lost revenue due to business interruption - Hiring specialist negotiators and paying ransoms to save your data - Crisis management and public relations consultants to manage your response to the incident and protect your company brand - Reporting data breaches to the Information Commissioner and affected individuals - Regulatory fines and costs of complying with an investigation - Defending legal claims by third parties whose information has been exposed - Liability for loss of third party data For a discussion on how your business can combat Cyber risks in its various forms, let one of our team members arrange a 10 minute online convo and coffee this week. No harm in mentioning our newest and grooviest Coffee mug to keep your liquid gold extra warm during our meeting and the last month of winter.. Take care D

16.01.2022 We have spoken to many business about Cyber Risk Protection in the past but seldom to our domestic Homeowner clients. To family and friends, keep an eye out and please remain aware of the risks faced through the use of Electronics as we go about our School Holiday fun, and as COVID19 settles in with the hackers, trolls, ID Theft criminals targeting individuals on all levels with one goal in mind, to rip us off. Give or take 98% of Home, Contents Insurances wont cover you f...or Cyber Theft, Extortion even where Cyber bullying has an effect on the well being of a family member, but a Chubb Platinum policy can. Please give us a call at anytime to discuss. Products offered are competitively priced but moreso, you are getting the value of better Protection. Happy to chat further or welcome to use our online Home Quote Form to provide us with your details and a call back. Chubb policy features; Cyber Cover $10,000 aggregate limit Cyber Extortion $2,500 Cyber Financial Loss $5,000 Cyberbullying and Breach of Personal Information $2,500 Certain conditions do apply to this product**