The Insurance Council of Australia's submission to the code of practice review is the main topic of conversation on the latest Insurance News podcast.

As previously reported, the ICA supports changes around financial hardship provisions and vulnerability, while seeking more flexibility on providing claims updates.

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 Miranda Maxwell.

The panel is joined by Coalition GM Australia Sam Weaver to discuss the scale of the cyber threat in this country, and what can be done about it. San Francisco-based cyber specialist Coalition, which launched in Australia in November, sponsored this week's episode.

Also discussed are the code governance committee imposing its first financial penalty on an insurer, Swiss Re's annual list of emerging risks, and Suncorp's bank sale moving another step closer.

You can find previous episodes of INsight published here.