Daily

Jail for fraudster who targeted Chubb

18 April 2019

A Perth businessman has been jailed for more than seven years after a major insurance scam was foiled...

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Vegan protests pose meaty questions on cover

18 April 2019

Farms, abattoirs and other food-chain producers targeted by animal rights activists may find they are not covered for potential impacts on their businesses...

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Sydney hailstorm: two sides of the recovery story

18 April 2019

The huge number of claims being handled after the December 20 Sydney hailstorm has stretched panelbeaters, builders and other tradespeople to breaking point, with insurers coming under increasing pressure to move faster...

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Brokers united: commissions fight goes global

17 April 2019

The National Insurance Brokers Association has joined forces with international colleagues to defend commissions and promote broker value...

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Climate change initiative tops ICA dinner menu

17 April 2019

The Insurance Council of Australia will make “major announcements” on climate change at its annual dinner next month...

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Notre-Dame: iconic cathedral had no insurance

17 April 2019

The French Government will be footing the bill for rebuilding Notre-Dame de Paris as the cathedral is state-owned and has no private insurance cover against fire and other catastrophes...

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IAG aims to expand ‘beyond general insurance’

16 April 2019

IAG wants to grow outside its traditional general insurance territory, as it looks to pull back from Asia and focus on the local market...

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Johns Lyng wins QBE building repair contract

16 April 2019

Johns Lyng Group has been added to a QBE building repair services panel for work on commercial and domestic properties in NSW, Queensland, Victoria and the NT...

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APRA lays out new enforcement approach

16 April 2019

The Australian Prudential Regulation Authority has taken on a “new enforcement appetite” to guide its supervision of insurers and other financial services providers...

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Hayne’s no hawking rule threatens insurance ‘turmoil’

12 April 2019

Reforms to prevent hawking following Hayne royal commission revelations could create “turmoil” for the general insurance industry, Finity has warned...

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Phoenix burns: old debt beats reborn Censeo

12 April 2019

Engineering, building and disaster response consultant Censeo has been placed under administration three years after being given a new lease of life through a management buy-out...

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New global team sharpens QBE’s customer focus

12 April 2019

QBE has created a US-based Global Market Management team tasked with strengthening its customer focus and delivering best practice in meeting client and broker needs...

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IAG faces class action over ‘worthless’ add-on cover

11 April 2019

A class action has been launched against IAG and its subsidiary Swann Insurance, alleging “misleading and deceptive conduct” in relation to add-on insurance...

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Anonymous no more: AFCA to name insurers caught up in disputes

11 April 2019

Insurers involved in consumer disputes will have their names revealed, the Australian Financial Complaints Authority has announced...

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NTI recruits key executive from rival insurer

11 April 2019

National Transport Insurance (NTI) has announced the appointment of Zurich’s Nick Dendrinos as its Head of Motor...

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Townsville revisited: unhappy customers 'don't tell whole story'

10 April 2019

The insurance industry is standing by its response to devastating flooding in Townsville despite television reports focusing on residents’ complaints...

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Tokio Marine aims for growth with Sydney acquisition

10 April 2019

A subsidiary of Tokio Marine & Nichido Fire Insurance has acquired Sydney-based specialist underwriting agency Bond & Credit Company for an undisclosed amount...

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Eye in the sky: aerial imaging group targets Australian insurers

10 April 2019

The Geospatial Intelligence Centre, which collects North American aerial data for the insurance industry on a not-for-profit basis, is expanding its operations to Australia and New Zealand...

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Code red: insurers reject scathing report card

9 April 2019

Insurers and the Insurance Council have come out strongly in defence of their performance after a report showed a 32% rise in breaches of their voluntary code of practice last financial year...

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Relationship risks key for insurers

9 April 2019

Insurers should introduce a new annual review to prevent the social and reputational risks highlighted by the Hayne royal commission, an Actuaries Institute paper released today says...

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