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Cyber Insurance

With computers and the internet playing an integral part of small to medium businesses in today’s world cyber risk is one of the leading exposures for businesses in Australia. Small business with le

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Why use a third party for paperwork?

When designing paperwork, consideration needs to be given to the following six points. Research The paperwork must be designed around relevant and current industry practice, principals and methodolog

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Why does an inspector need Good paperwork?

The answer is simple… to minimise risk. It is important that inspectors can be relied upon to provide an acceptable standard of inspection and report. However, consumers have traditionally found a l

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How to Practically Implement a Pre-Engagement Inspection Agreement

Informative Note: (This note contains extracts from the copyrighted Report Systems Australia handbook series) Pre-engagement agreement objective The objective of a pre-engagement inspection agreement

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Information Technology Insurance

Wallace Risk Solutions is pleased to offer a new product that addresses the challenges faced by IT professionals. Even the best managed companies can have exposures – is a service or a product being

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Pest Control Concrete Barrier Exclusion

Exclusions apply to most insurance policies and Pest Management polcies are no exception. An example applying to a Professional Indemnity or Public Liability policy is noted below for pest managers

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My Reporting APP

If you have a current professional indemnity and public liability policy for building inspection, timber pest inspections or pest control arranged through Wallace Risk Solutions your policy may incl

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Building Inspections Pre-Sale Reports

Cautionary Note – 26th April 2016 As an inspector, have you ever been asked by a real estate agent or vendor to supply an inspection report for the purpose of making a property easier to sell? Then

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Building and Pest Inspection - Tips Inaccessible Areas and Obstructions

Accessible Areas The building inspection and report only covers the Readily Accessible Areas of the property. (The term “Readily Accessible Areas” is defined in report definitions). Sometimes cer

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Building Inspection and Pest Inspection Professional Indemnity Insurance

Building Inspectors, Pest Inspectors and Pest Managers can now access the new Professional Indemnity "civil liability" policy wording. The new policy wording is a significant broadening of coverage in

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