The problem with many travel insurance policies is that they don’t provide real-time cover. You are required to make payments and then be reimbursed by your insurer, often after you return home from travelling.
Whether you are travelling for business or leisure our travel insurance gives you hassle-free cover if things don’t go to plan on your trip.
Our policy means more than 80% of approved claims (such as overseas medical, delayed luggage and theft of cash) can be paid within minutes using a TravelCard.
1. Buy a TravelCard insurance policy.
2. We post you your travel card.
3. Relax with 24/7 global assistance and claims support.
Overseas medical
Hospital expenses
Amendments & cancellations
Delayed luggage
Theft of cash
Personal liability Your business takes years to build but an accident or disaster can destroy your hard work in minutes.
Business insurance helps you to protect your premises, stock, equipment and your reputation. It is an affordable way to give you peace of mind and protect you against the main risks associated with running your business. You can get on with doing business.
Business insurance offers general protection for your business.
Property damage
Business interruption
Theft
Loss of money
Public or Products Liability
Glass breakage - personal injury and property damage compensation as well as glass replacement
Stock - at your premises as well as stock in transit
Equipment breakdown
Your Tools of Trade - including laptops
Employee dishonesty
Tax Audit costs 
Income protection insurance is designed to help secure your income. Our policy provides up to 75% of your monthly pre-claim salary should you become unable to work due to illness or injury. This money is typically used to help with mortgage repayments, household bills, credit card payments, school fees and daily living expenses. The replacement income waiting and payment periods are defined in a contract and vary depending on the cover you choose.
Only 31% of Australian families have income protection, however, in 2008, an astounding 235,790 working age families suffered serious injury and 17,000 of them had to cease working as a result*.
Combining income protection and life insurance can help provide financial security for you and your loved ones. Income protection replaces your income when you are unable to work for an extended period of time due to sickness or injury, whereas life insurance pays a lump sum of money to your loved ones in the event of your death.
*The Lifewise/NATSEM Underinsurance Report, 2010.
Following a breach, companies may be expected to pay for credit monitoring for patients; security industry experts estimate this can cost up to $200 per record. For a general practice with 1000 patient records, the cost quickly adds up.
Doctor’s surgeries and pharmacies are attractive targets to hackers given many practices now store sensitive patient data in digital records online. Cyber criminals may attempt to damage your organisation’s reputation by exposing or threatening to expose private data or by holding it to ransom.
The sensitive nature of patient data means even practices that use traditional, printed patient files are at risk; portable storage devices, smartphones, and employee error can create exposures for organisations.
Any of these types of attacks can have a grave impact on a medical organisation. Compromised patients need to be consulted, the breached data needs to be rectified and the organisation’s reputation needs to be stored; all potentially expensive and lengthy processes.
Nadic has its finger on the pulse when it comes to cyber insurance; through our knowledge and experience, we can help to cover your organisation against these risks.
With even with the most technologically-advanced systems and the most robust risk management program, it is impossible to achieve 100% prevention against cyber crime. That’s why “cyber liability” coverage can be important.
Investigation expenses—forensic investigation to determine if a breach has occurred and its extent.
Notification and credit monitoring—to cover the expenses associated with customer notification and credit monitoring.
Legal liability—coverage for defence and indemnification against civil suits and class actions.
Public relations expenses—coverage for reputation management costs.
Cyber extortion—reimbursement for expenses incurred in responding to a credible threat.
Regulatory actions—typically a sublimit for covering defence of fines and penalties associated with regulatory actions.
Privacy protection and privacy liability for damages and claims expenses.
Privacy regulatory defence, penalties and fines.
Expenses to notify customers.
Forensic costs.
PR expenses for reputation management.
Credit monitoring for victims.
Multimedia liability from email or website content.
Loss of digital assets including non-physical business interruption costs to restore data.
Indemnification for loss of revenue.
Costs to investigate and pay extortion demands.
Cyber terrorism coverage (case by case). Cyber attacks on small businesses are growing…
The growing instance of cyber crime against Australian organisations – small, medium and large – has become a major concern for the business community, with the Australian Government focused on tackling the issue as a top priority.
Media coverage of cyber attacks seems to be everywhere: many of us have heard of a business whose confidential information or customer database has been hacked or held to ransom.
What are the risks?
“…cyber espionage, data theft and targeted attacks will become standard problems for most private enterprises.” Russian cryptology and information security expert and founder of one of the world’s largest computer security firms, the Kasperky Lab, Russian billionaire Eugene Kaspersky.
The impact of a cyber attack on a business can be harmful: exposure of customer details, reputation damage, forensic examination, crisis and PR management, fines and penalties, litigation and other liabilities.
Privacy breaches: Exposure of personal identifiable information by a hacker, disgruntled employee or lost laptop.
Network downtime: Malicious ‘denial of service’ hacks or system failures from an attack to disrupt operations.
Multimedia: Posting unlicensed content on social media to defame or infringe on IP.
Cyber extortion: An attack, or threat of attack, combined with demands to cause financial and operational damage. At the same time, businesses face tightening data privacy legislation requirements as well as the possible introduction of new laws requiring them to notify customers if their data is breached.
Cyber insurance is becoming an essential part of insurance portfolios as businesses move to protect themselves against the risk of cyber attack. Notably, the risk is spreading beyond large organisations: the rise in small and medium organisations storing data and using online services has rapidly increased the risk – and instances – of cyber criminals targeting this group.
Cyber insurance through Nadic is a smart choice for Australian businesses. It helps to cover businesses against the risk of cyber attacks by assisting them with the expensive response and recovery costs following a breach, so they can continue to operate confidently in the online world.
Privacy protection and privacy liability for damages and claims expenses.
Privacy regulatory defence, penalties and fines.
Expenses to notify customers.
Forensic costs.
PR expenses for reputation management.
Credit monitoring for victims.
Multimedia liability from email or website content.
Loss of digital assets including non-physical business interruption costs to restore data.
Indemnification for loss of revenue.
Costs to investigate and pay extortion demands.
Cyber terrorism coverage (case by case). Our clients also benefit with our expert insurance advice and the support of a dedicated broker, as well as access to the full suite of brokerage services including income protection, life insurance, travel insurance and business insurance.
If you are considering PCI compliance we can advise on how cyber insurance can help you meet the requirements standards.
Nadic is a leading insurance broking firm dedicated to providing easy-to-understand and streamlined premium options for businesses. We set ourselves apart by understanding that each client is unique; we listen to you to understand what’s important and to apply our industry knowledge to provide you with a best-fit solution. But above all, we keep it simple.
We get results for our clients by personally brokering each insurance contract with several leading Australians insurers. This means a working relationship with Nadic provides you with the kind of confidence required to grow, to innovate, to take on the big jobs, and to know that we have your back. Let’s start a conversation.
* 2009 Australian Institute of Criminology survey of small, medium and large business.
Group risk and employee benefits enables companies to position insurance in two ways: aggregating risk to reduce premiums and to create valued insurance benefits for your staff.
We have extensive experience arranging insurance for companies as a valuable talent attraction and retention tool for your business. This is a low cost and simple way to improve employee engagement.
Our insurance benefits can be employer funded or employee funded (with a company discount attached) – either way, we help you maximise the received value for employees through an onsite education process.
Group salary continuance.
Group life and disability insurance.
EBA – income insurance.
Fleet motor vehicle insurance.
Corporate travel insurance.
Income protection.
Life and disability insurance.
Novated motor vehicle insurance.
Travel insurance.
Health insurance.
Home and car Insurance. With over 40 years experience providing expert advice, and strategic guidance on workplace risk, we have a proven track record of delivering measurable performance improvement and cost savings on workers compensation insurance.
Reviewing your Work cover industry classification.
Compliance with legislation.
Assisting your understanding of current and future premiums.
Assessing and managing your risks.
Providing claims management.
Providing return to work plans for your employees.
Providing advice about OH&S compliance and injury management.
Providing strategic planning for implementing and measuring change.
Providing alternative risk control strategies.
Assisting you achieve sustained performance improvement. At Nadic, we understand that every client is unique; our brokers listen to our clients to understand what’s important before tailoring a best-fit workers compensation package. With our industry experience, access to leading insurers, and risk management and negotiation skills, we can take care of your risks for you, from reviewing and identifying your exposures, to quoting and claims management.
Increasing corporate governance and regulatory surveillance has resulted in growing expectations and responsibilities placed upon a business’s directors. Consequently, the personal assets of the director or board of directors are exposed to claims brought by shareholders, employees and creditors. Our policy can provide you with protection against investigation, defence and settlement costs should a claim arise.
Employees: actions alleging discrimination, harassment, employment contract breaches, defamation, wrongful discipline, etc.
Creditors: alleging the director allowed trading to continue despite knowing the business could not make debt repayments.
Competitors: claims relating to the Trade Practices Act resulting from misleading or deceptive behaviour.
Shareholders: alleging the director has mismanaged the operations and funds of a business. While the saying goes: nothing ventured, nothing gained, it pays to make sure your risks are calculated. Professional indemnity insurance tailored to your business can afford you the confidence to take the risks necessary to grow your business.
Nadic can package professional indemnity and liability covers for businesses across a range of industries.
Professional indemnity insurance affords businesses the protection they need to provide professional services such as advice, design, consultancy, opinion or analysis particularly in the economic climate of increased responsibility and accountability. It can protect businesses against legal liability, threat of litigation and potential damage to reputation.
Combined professional indemnity and public liability cover.
Premiums personally brokered between several leading Australian insurers.
Comprehensive cover designed to suit the needs of both small and large businesses.
Expert insurance advice and support with a dedicated broker – so you can focus on growing your business.
Ability to package in other other insurances including income protection, life insurance, travel insurance, business insurance, and cyber insurance. At Nadic we take the headache out of insurance by managing your risks and claims for you. With our industry experience, access to leading insurers, and risk management and negotiation skills, we can take care of your risks for you, from reviewing and identifying your exposures, to quoting and claims management. It’s worth talking to us for the surety that comes with the advice and management of professional and accredited insurance brokers.
Find out more about professional insurance for the IT industry.
Contact us to speak with one of our brokers or request a quote online today – it’s quick and easy!
Most people insure their homes and contents and cars, however, you’d be surprised at the amount of people who don’t insure their most important asset; themselves. Nadic can help you to ensure you have the cover you need by tailoring a life insurance policy from leading underwriters to suit your budget and lifestyle. With this cover, you can rest easy knowing you and your family are protected if something should happen to you.
Life insurance is designed to help secure your loved one’s financial future if you were no longer around to provide for them. A lump sum benefit is provided to assist your family to make debt repayments and manage daily living expenses if you were to pass away. Basically, our policy aims to help your loved ones maintain the present lifestyle you’ve worked hard for, in the future. Even if you’re young and healthy, securing cover early means if an accident or illness does occur, you’ll already have cover in place.
Life insurance generally increases in price or may become difficult to obtain if you’re already unwell.
When it comes to life insurance, 95% of Australian families are underinsured and 51% of these families are underinsured by at least $100,000*.
*The Lifewise/NATSEM Underinsurance Report, 2010.
Total and permanent disablement (TPD) insurance pays out a lump sum of money to help provide for your loved ones, clear debts, manage daily expenses and provide for long term care for you in the event you become disabled and aren’t able to work. Typically, total and permanent disability is defined as a long term inability to perform any occupation which you are suited to by training, education or experience.
Despite 71% of Australians holding total and permanent disability insurance cover, on average they are underinsured by a substantial $355,000*.
*The Lifewise/NATSEM Underinsurance Report, 2010.
Trauma insurance provides a lump sum of money in the event you are diagnosed with a serious illness, such as cancer. This money is typically used to enable time off work for both the insured and their carer or to extinguish financial burdens such as mortgages.
