cranes above the city

Construction Industry Insurance Issues | Talk to us today…

By Construction, Insurance No Comments

Many Organisations and Business Owners in the Construction industry have watched closely as a potential crisis unfolds as insurers are finding it increasingly difficult to provide cover in an industry that requires Government intervention to reduce the overall risk of building.

The construction industry could come to a grinding halt due to the sharp increase in insurance premiums. Small through to large operators are feeling the sting when it comes to insurance renewal time with policy increases or in some cases they can’t secure coverage at all.

Government Intervention

Last week the Victorian State Government begun to try and address this issue by excluding some forms of cladding from insurance policies. Click for the official Victorian State Government Gazette regarding this exemption.

The Victorian State Government has recently offered to pay for the replacement of certain types of combustible cladding from privately owned buildings, an issue to be addressed by the soon to be launched Cladding Safety Victoria. However, this is not the case for other states in Australia.

Impact on many Business Owners

Director of 8 Projects, Paul Entwistle, a construction company in Melbourne’s inner east has been following the issue closely.

“I’ve been in close communication with my broker Aleks Blazevski, from Alliance Insurance Broking regarding this issue. It’s a crucial part of any business knowing I can do my job with the knowledge that in the case of an issue that my risk is covered.”

Last month the Australian Institute of Building Surveyors warned that its members may be forced out of work due to the lack of insurers willing to offer coverage to surveyors due to cladding issues. They have been joined by other industry bodies such as the Australian Institute of Architects, Association of Consulting Architects and the Owners Corporation Network in demanding reform to improve the quality of construction and better protect consumers.

The building surveyor, fire engineer and Architect were all found partly responsible for a Docklands cladding fire in 2014 that cost $6 million in repairs. That decision is currently being appealed. This incident shows the risk to all parties involved in the construction industry.

Apartment Owners Stranded

Unfortunately, there are many apartment owners at the other end of the scale who are stuck in ‘stranded assets’ because their buildings are covered in flammable materials.

Are you in the building industry or an apartment owner in Victoria with questions regarding your insurance policy?

The insurance brokers at Alliance Insurance Broking Services are ready to help you navigate your way through this issue. Insurance Brokers are dealing with Insurers everyday and will be able to provide you with up to date information when it comes to your policy.


Steven Alessio is the Sales and Marketing Manager of the Alliance Group offering Business Insurance, Fleet Management, Motor Finance and Life & Income Protection solutions for businesses and their owners. Contact Steve today for your tailored business solution…

ICCI Melbourne Luncheon

Australian Women In Sport | A story of Growth and Confidence

By Community, Insurance No Comments

I was honoured to host the Women In Sport lunch for the Italian Chamber of Commerce and Industry, Melbourne (ICCI Melbourne) at Marvel Stadium recently.

This was the first event in a series of luncheons to be held by ICCI Melbourne in its work acknowledging the cultural and business links that exist between Italy and Australia.

Great Stories from our Female Athletes

It was great to hear the stories of some of our finest Australian professional athletes in their respective sporting fields. They included;

Importantly, listening to the insights of sporting administrators on the advancements and growth of female sport in Australia was great. At this lunch Tony Pignata, CEO of Perth Glory FC outlined the popularity of World Football in Perth and the increased attendance figures the game is now attracting to local games.

The luncheon was framed perfectly in the beginning with a shining example of a high achiever and advocate for Womens Sport, Carol Fox. As CEO of Women Sport Australia she outlined the growth of women’s sport in Australia, the challenges and opportunities on the horizon. The next decade promises to provide more opportunity than ever for female athletes in our country.

As I listened to these great female athletes talk about the importance of commitment, leadership, perseverance, excellence and resilience to perform at the highest level in their chosen field, I reflected on the importance of these traits in the modern day workplace.

Transitioning Sporting Skills into the Workplace

Our ability to show leadership at the right time, pursue excellence in our work and be resilient in the face of everyday workplace challenges can be difficult. When we achieve our goals the reward for this effort makes the achievement all the more satisfying.

I know from personal experience that many of the characteristics required in sporting competition at any level can transfer well into the workplace. Personally, I perform better in a team environment. I’ve enjoyed implementing those softer skills learnt during my sporting career into my everyday work and home life.

A good friend of mine runs a successful business in the construction industry. He once told me that during an interview process he would always ask the potential new apprentice if they played team sport? If the answer was ‘Yes’, there was a high likelihood (from his experience) that apprentice could take feedback, work in a team environment, be resilient, have good leadership skills and generally step up when required.

The importance of great people and partners

In business we all need good staff, partners or suppliers, they all form part of an important mix to move your business forward in an ever changing landscape.

The quality of your staff and partners can mean the difference between failure and success. Consider in your workplace who displays these ‘team’ traits and perhaps let them know you appreciate their approach to their work.

If you’re a small business owner also consider what support your partners and suppliers provide when it comes to other necessary elements of your business that aren’t your core everyday offering such as insurance, telecommunications, office supplies, utilities etc etc. Surrounding yourself with the ‘right team’ can sometimes, make all the difference.

ICCI Melbourne Luncheon

ICCI Melbourne Luncheon


Steven Alessio is the Sales and Marketing Manager of the Alliance Group offering Business Insurance, Fleet Management, Motor Finance and Life & Income Protection solutions for businesses and their owners. Contact Steve today for your tailored business solution…

Alliance Group Man

Insurance Brokers, an important business relationship

By Insurance No Comments

Business Owners and Insurance Brokers understand the importance of good staff, suppliers and partners. The priority of an owner is to ensure there is always a healthy pipeline of business coming through the door. To also ensure their staff are nurtured and developed. To implement sound work place practices that provide an attractive proposition for staff and customers alike. The owner has a lot to consider.

However, we can’t all be experts in every field, especially when it comes to insurance. So finding an insurance broker who knows your business, is accessible and you trust is vital in today’s fast paced world. So lets quickly look at the main benefits of a good broker;

Your time is precious

Time poor business owners can’t do all the research required when it comes to obtaining the necessary insurance cover for their business. They also can’t spend the time dealing with insurance companies in the unfortunate event of a claim. This is when your broker earns their money.

As a business owner you a busy enough making sales, managing staff and making budgets. You don’t have time to do the shopping around for your business insurance. It would be easy if that was the only policy you required. However, doing business can be challenging. So on many occasions additional coverage is required such Public Liability, Management Liability and Professional Indemnity to name a few. Your broker will know what is important to you and your business.

You’re good at what you do, Your broker is good at insurance

If you run a business, generally you’re the expert in your field. You know your margins, you know your product offering, you know what it takes and costs to get your product out the door. So do business insurance brokers. It is not a set and forget proposition. Our world is smaller and events overseas can impact the risk appetite of our local insurers. Something they were prepared to cover last financial year may now be considered too great a risk. This may leave you exposed.

Good insurance brokers have their fingers on the pulse. They go to the market and get you the best value policy. Good insurance brokers will also explain how they arrived at their decision and keep you informed throughout the process.

Better deals, Better Cover

Business Owners don’t want to pay anymore than they have to when it comes to insurance. However, like most things cheaper is not necessarily better. The wrong cover can be an expensive exercise. You may save up front but in the event of a claim your cheaper policy may have exclusions that could cost your business more.

The core job of a good Insurance Broker is to find the business package that covers their clients risk at the best value for money. At Alliance Insurance we are part of the Steadfast Group. The scale and strength of this broker network provides the ability for our team to give businesses the best insurance solutions.

Advice and support in the event of a claim

Insurance Brokers are in your corner, not the insurer. They work for you. They will know your policy inclusions, help you through the claims process and ensure the process moves quickly. An insurance broker who is part of the Steadfast Group has the additional backing and support of a wide range of services and support. These can range from better deals and policies to support and advocacy when a dispute occurs.

Grow together

A trusted Insurance Broker is a great resource for your business. Just like an accountant or lawyer they will grow with you providing the advice and support every good business needs. The ability to pick up the phone in a time of need and get your question answered is well worth the investment.


Steven Alessio is the Sales and Marketing Manager of the Alliance Group offering Business Insurance, Fleet Management, Motor Finance and Life & Income Protection solutions for businesses and their owners. Contact Steve if you would like to talk about your Business Insurance today.