Analysis
07 September 2020
QBE’s announcement last week that Group CEO Pat Regan will depart over “poor judgment” involving a female employee marks a rapid and remarkable unravelling of a previously successful partnership...
31 August 2020
Blockchain has been spotlighted as one of the most important technological trends in Australia, but the insurance industry has somehow been slower to embrace blockchain than other industries, such as finance...
24 August 2020
An internet meme that has done the rounds depicts a survey asking “who led the digital transformation of your company?” Of possible choices between the CEO, CTO and COVID-19, it is the virus that’s heavily circled by a thick red line...
17 August 2020
We’ve all seen the headlines. Across the world from the US to the UK, mainstream media news titles have been all too eager to attack the insurance industry’s perceived failings as coronavirus and associated shutdowns took a heavy toll...
10 August 2020
With the results for IAG’s financial year behind them, the group’s directors now have another major matter to settle – who will lead the group into what MD Peter Harmer has described as “an increasingly complex and dynamic environment”...
03 August 2020
Insurers have moved beyond putting a toe in the water when it comes to insurtech partnerships, but are yet to take the full plunge when it comes to widescale adoption of innovation, the third annual Australian Insurtech Ecosystem Report suggests...
27 July 2020
It’s been a tough first five years for NSW insurer icare, and scrutiny is continuing to rise as it battles to convince regulators, employers and others involved in workers’ compensation that it is on the right path...
20 July 2020
The speed of the pandemic crisis and its impact on global insurance is complex and controversial. And predicting the outcome of a swiftly changing series of events can have unfortunate consequences...
13 July 2020
What do you get when you mix one of the worst Australian catastrophe seasons on record with a global pandemic?...
06 July 2020
A late-night message to insuranceNEWS.com.au’s Facebook page suggested something was up...
29 June 2020
By Marianne Hutchinson, Insurance Lead, Accenture Australia and New Zealand...
22 June 2020
As fossil fuel pressure campaigns continue to build, and insurers withdraw cover in the context of a hardening market, brokers with affected clients are hitting back...
15 June 2020
Coronavirus upheavals may have turned the world upside down in the past few months but Swiss Re’s Sonar report finds new technologies and the shift toward lower-carbon solutions remain key drivers of emerging risks...
01 June 2020
Despite the Hayne royal commission and regulators hammering home messages about trust, culture and customer focus, a report by the General Insurance Code Governance Committee suggests that for some the message still isn’t sinking in...
25 May 2020
Over the past few months COVID-19 has brought waves of uncertainty and disruption to just about every industry in the world, and the insurance industry is no exception...
18 May 2020
As wrestling over coronavirus business interruption coverage, or the lack of it, ramped up in the US and UK, the Australian insurance industry was able to watch from a position of relative comfort...
11 May 2020
The Federal Government has outlined clear plans to awaken the economy from its virus-induced slumber by July – with workers returning to office environments a key part of measures designed to bring back a level of normality...
04 May 2020
The warning signs were there before last week’s parliamentary hearings into the insurance industry even started, with committee Chairman Tim Wilson stating falsely that the Hayne royal commission had identified "widespread misconduct" within the industry...
27 April 2020
Any investor worth their salt knows a good exit strategy is as vital to a good outcome as anything that came before...
20 April 2020
Anything can happen once politics becomes entwined with insurance matters, and globally it’s the turn of business interruption cover to feel the heat...