Deloitte's report into insurers' response to last year's record-breaking flood catastrophe in NSW and Queensland is the main talking point on the latest Insurance News podcast.

As previously reported, the Insurance Council of Australia says it has accepted all seven recommendations in principle from the report, which has highlighted failings exposed by the catastrophe. 

This week’s edition of INsight, hosted by Insurance News MD Andrew Silcox, features the observations of Chairman Terry McMullan, Managing Editor John Deex, Deputy Editor Wendy Pugh, and Senior Journalist Bernice Han.

The panel also discusses the future of optional flood products, the latest Marsh commercial index, and AUB subsidiary Tysers' $70 million payment to the US Department of Justice.

You can find previous episodes of INsight published here.