Insurance and the wide range of risks faced by business were in focus at the Women in Business Regional Network lunch in Victor Harbor.
The guest speaker was Graeme Jameson of Fleurieu and Hills Insurance, who has more than 40 years experience in insurance and who specialises in business insurance.
It was an eye-opening presentation for many in the room who hadn't considered they could be held liable in the event of a cyber issue, weren't sure if their insurance had taken the risks of their premises into account and who may have private coverage for risk, but may not be covered if an incident occurs at home and it's business related.
Graeme emphasised during his presentation the need for everyone to do a thorough assessment of their insurance coverage because it's too late to discover you weren't covered when a problem occurs and you go to make a claim.
Attendees were clearly shocked to learn the level of detail that is required for a proper assessment of a business's insurance risk, with some saying their insurer asked few questions or simply renewed annually without asking any questions.
The next dinner will be on Thursday, June 27 at the Hotel Crown when network founder Carolyn Jeffrey will give a presentation on how to get noticed in Google searches, even if you don't have a website.
The next lunch on Monday, July 22, at the Hotel Crown will see discussion on work/life balance.
The network, which has regular functions in Victor Harbor, Strathalbyn, McLaren Vale, Murray Bridge, the Riverland, Yorke Peninsula and Port Pirie, aims to provide support, promotion and education opportunities to women in business in regional areas.
You don't have to be a member to attend the network's events. They welcome business owners, managers, employees and those dreaming of owning their own business. Bookings are essential through Eventbrite.com.au. For more information phone Carolyn on 0435 432 203 or visit the website wibnetwork.com.au