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All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. 

To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. AI risks: what directors and officers need to know

Navigating NDIS reform: potential risk and insurance implications for NDIS providers

As the Federal Government sets the stage for sweeping reforms with the NDIS Amendment Bill 2024, disability service providers are set to face both opportunities and challenges. In this article, we examine the latest updates on NDIS reform as well as some of the key potential risk and insurance implications likely to be encountered by NDIS providers during the reform process. Stay informed and prepared for the journey ahead with our expert insights.As the Federal Government sets the stage for sweeping reforms with the NDIS Amendment Bill 2024, disability service providers are set to face both opportunities and challenges. In this article, we examine the latest updates on NDIS reform as well as some of the key potential risk and insurance implications likely to be encountered by NDIS providers during the reform process. Stay informed and prepared for the journey ahead with our expert insights.

The Victorian Workers' Compensation ‘Premium Freeze’: when a freeze is not a freeze

Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.

Aged Care Wage Increases: Risk and Insurance Perspectives

The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.
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