Are you covered?
Protection against misuse of confidential or privileged data and unauthorised use of, or access to, electronic data or software.
Public Offering of Securities Insurance (POSI)
Cover for errors, omissions or misleading information when raising extra capital or listing the company on a public exchange.
Protection for first party loss against dishonesty, fraud and other criminal or malicious losses.
Employment Practices Liability
Protection for claims from employees against the business.
Directors & Officers Liability
protection against Wrongful Acts in an individual’s capacity as a Director or Officer of the Insured.
Professional Indemnity Insurance
Protection against negligent errors and omissions or breach of duty.
News & Insights
Thu 27 May, 2021
Run-Off Insurance 101: What Companies & Directors Need to Know
WHAT IS RUN-OFF INSURANCE? Run-Off insurance, also known as the ‘Discovery Period’ or ‘Extended Reporting Period’ is an insurance policy provision that provides tail coverage for various financial lines products...
Wed 07 Apr, 2021
Insurance Update: Financial Institutions
The Financial Institutions insurance market continues to harden, with reduced capacity to underwrite risk as we progress further into the 2021 calendar year. Insurers are pressing for increased premium and/or...
Wed 10 Feb, 2021
Changes ahead for the Buy Now Pay Later sector: Key implications for Australian FinTechs
Cries for regulation in the currently self-regulated Buy Now Pay Later (BNPL) sector are nothing new. Financial services providers and consumer rights groups have long expressed concern that these services...
Mon 16 Mar, 2020
COVID-19: Business Interruption, Contingency and Workplace Risk
On 30 January 2020, the World Health Organisation declared the Coronavirus outbreak a Public Health Emergency of International Concern. We sympathise with everyone who has been impacted by the virus and...
Thu 30 May, 2019
Self-Licensing in the Financial Services sector
In the wake of the Royal Commission there has been a trend towards self-licensing in the financial services space. Insurers are now looking upon these independent self-licensed Insureds more favourably...
Mon 29 Apr, 2019
Tougher penalties for Privacy Act breaches
Are you protected? It has now been over a year since the amendments to the Privacy Act were introduced, requiring companies to voluntarily notify any breaches to the Office of...
Mon 09 Nov, 2015
National Insurance Brokers Association (NIBA)
Since 1988 Honan Insurance Group has been a member of the National Insurance Brokers Association (NIBA), an organisation which represents the interests of the insurance broking sector in Australia. NIBA...
Tue 29 Sep, 2015
Great for Criminals, Bad for You: Social Media and KRE (Kidnap, Ransom & Extortion)
We should all be aware by now how fast the Internet and social media is growing. To put this into perspective, there are currently over 3 billion active Internet users,...
Wed 10 Sep, 2014
SMEs Embrace Facebook & Instagram
Younger small and medium enterprises (SMEs) have responded to the need of using new media technologies for business with almost 41% of SME owners under the age of 44 using...