05 August 2019
Just as some federal ministers decline to engage with anyone using the term “climate change”, it is becoming apparent that with others in government the turn-off word is “mitigation”...
29 July 2019
In January 2018, the first usage-based insurance cover for drones in Europe was launched, with capacity provided by Allianz. Since its debut, Flock Cover has analysed and priced risk for more than 500,000 drone flights in what could be a sign of how the future face of insurance may take shape...
22 July 2019
Politicians love pointing the finger at insurers when the proverbial hits the fan – and the current construction industry crisis is no exception...
15 July 2019
For the past five years Lloyd’s has been at the forefront of promoting diversity and inclusion in the insurance industry, globally and in Australia...
08 July 2019
Fallout from the CBL Insurance failure will be felt across the New Zealand industry, with an independent review revealing a cautious regulatory approach failed to quickly get to the bottom of the company’s problems...
01 July 2019
Memories of last year’s royal commission hearings may already be fading, but there’s no chance Commissioner Kenneth Hayne’s recommendations have been forgotten...
24 June 2019
The thousands of building surveyors, certifiers or construction industry operators who are required by regulation to have professional indemnity (PI) insurance are facing a dilemma that may well force them out of business...
17 June 2019
Last week diversified insurance provider Insurance House was forced to shut down its online systems for a lengthy period while it dealt with a highly sophisticated malware attack. While no client data was compromised, the company says the episode is a reminder how challenging the cyber threat can be...
11 June 2019
What makes a successful insurance company chief executive? According to the media pundits and market analysts, extensive insurance experience is at the top of the list…
03 June 2019
The Australian Competition and Consumer Commission’s sprawling inquiry into soaring premiums in the country’s north is yet to really get to grips with the problem, even as it moves towards the business end of its three-year probe…
27 May 2019
Swiss Re’s annual analysis of emerging risks with the potential to have major impacts on insurers includes some of the usual suspects – climate change and the state of the global economy among them…
20 May 2019
Capacity constraints continue to bedevil a number of business classes as insurers try to improve their bottom lines and back out of difficult markets…
13 May 2019
We see plenty of good news stories showing how insurance companies help get individual homeowners or businesses back on their feet following a natural catastrophe…
06 May 2019
Lloyd’s has faced some home truths and presented a vision for change in its bid for a more prosperous future, after a few years it might rather forget…
29 April 2019
Artificial intelligence and robotics are changing the world, and the insurance industry had better change with it…
15 April 2019
Losses aside, last December’s near $1.2 billion hailstorm in Sydney has a far more chilling message for Australian insurers: better get used to it…
08 April 2019
Brokers have received some tough feedback in the latest Vero SME Insurance Index, with declining trust levels and small businesses increasingly buying cover from the direct market…
01 April 2019
The Australian Securities and Investments Commission report on consumer confusion around general and personal advice is another step towards solving a problem that continues to cause angst…
25 March 2019
Global warming is changing our weather in so many ways – but one of the most concerning is its impact on cyclones…
18 March 2019
Brokers are set to adopt technological innovation at a faster pace than has so far been experienced so far as the relatively buoyant insurance market provides them with a stronger foundation for investment…