News category

Can your home appliances be a cyber threat?

2017-12-14T11:56:53+00:00 December 14th, 2017|

LG’s “life’s good” is a well-known tag line, and often accepted by consumers. However, vulnerabilities in the LG SmartThinQ series discovered recently in July 17 have got us questioning this. The vulnerabilities discovered by Check Point allowed their researchers to hack into LG SmartThinQ series appliances such as ovens, dishwasher, fridges, dryers and even vacuums. [...]

Ransomware Economy – Did you know?

2017-12-14T11:37:59+00:00 December 14th, 2017|

Carbon Black has recently issued the Ransomware report showing the frightening figures: growth rate > 2,500% per year (from 2016 to 2017).   Key findings (USD prices): Ransomware is sold on 6300+ marketplaces with 45,000 product listings Prices for do-it-yourself kits range from $0.50 to $3,000 (Median price ~$10.50) Profits from selling ransomware on the [...]

Are your staff holding you to ransom?

2017-10-12T14:16:33+00:00 October 12th, 2017|

It could be happening in your office right now. One of your trusted staff members could be about to pull that trigger, plummeting you into a hostage situation. And the scary thing is, your staff member probably doesn’t realise what they are about to do, and they certainly can’t envision the destruction it is going [...]

Closing a business? Are you still responsible for your products?

2017-08-17T13:15:31+00:00 August 17th, 2017|

Maintaining insurance cover (“run off” cover) is something that many business owners may not think about when closing their business. However, for some this discontinuation of cover can leave a major business exposure and presents a risk to the owner’s personal liabilities and retirement funds.  A business may still have liability exposure even after their [...]

Bruce Insurance takes action to fix Aussie Swim teams failure at World Champs

2017-08-16T16:26:57+00:00 August 16th, 2017|

It may only be a small commitment but after the Australian swim teams failure at the recent world champs (beaten by Russia and Great Britain!) we think that grass roots swimming needs some help. We recently sponsored an event at the UWA West Coast Swim Challenge which involved 25 clubs from around Western Australia and [...]

What cover should I consider for my business?

2017-08-17T12:31:01+00:00 August 16th, 2017|

Risk, and even our perceptions of each risk, is a very individual thing. What is important to one business, may not be as important to another. Which means every business will have will have different needs when it comes to insurance. However there are common types of covers a business owner should consider to protect [...]

Are you paying $100,000 for a piece of paper?

2017-08-17T12:49:06+00:00 August 16th, 2017|

We recently completed a review for a prospective client where we found the above statement to be the case. During our initial meeting it became very clear that something had gone very wrong during the creation of their program leaving them significantly underinsured, and in some areas with no coverage at all. Effectively the client [...]

In memory of Stanley Melbourne Bruce

2017-08-16T15:06:43+00:00 August 16th, 2017|

30.08.1941-20.06.2017 Stan Bruce, the founder of Bruce Insurance (previously Stan Bruce Insurance Brokers), passed away peacefully at home on the 20th June after a two year battle with cancer. Stan was considered an insurance broking ‘legend’ in Perth after spending two decades as owner, operator and account manager of Stan Bruce Insurance Brokers. Prior to [...]