Daily

Restart accidents among COVID emerging risks

09 June 2021

The COVID-19 pandemic has generated new emerging risks, including the potential for large industrial accidents as mothballed operations are restarted, Swiss Re says in its annual Sonar report...

NSW building reforms pose insurance challenge: WTW

09 June 2021

Willis Towers Watson says incoming legislative measures in NSW requiring building practitioners to hold compulsory professional indemnity insurance may be challenging for the construction industry to meet...

NIBA reveals NSW/ACT award finalists

09 June 2021

The National Insurance Brokers Association has revealed its NSW/ACT finalists for this year’s Broker and Young Professional Broker awards...

COVID stress drives consumer switching

08 June 2021

Consumers with motor and home policies have been far more likely to switch their insurance provider since the COVID-19 pandemic began, research from Roy Morgan shows...

Cyber in focus as IAG boosts UpGuard funding

08 June 2021

IAG’s Firemark Ventures has increased its investment in cybersecurity platform UpGuard as the start-up sees further demand for its offering due to rising business concerns about data breaches...

Ombudsman to review amusement parks mutual plan

04 June 2021

The Australian Small Business and Family Enterprise Ombudsman has launched a review into a discretionary mutual fund proposal that’s aimed at solving insurance problems faced by amusement parks and the leisure and recreation industry...

BI impacts possible from latest Victoria lockdown

04 June 2021

Business interruption claim disputes could still arise from the latest Victorian lockdown in cases where insurers have been slow to revise wordings to exclude pandemics, a lawyer says...

High Court date set for ICA test case submission

03 June 2021

The High Court will later this month hear the Insurance Council of Australia appeal application relating to business interruption exclusion wordings citing the repealed Quarantine Act...

Insurers gather for crunch reinsurance pool meeting

03 June 2021

Representatives from major insurers and the Insurance Council of Australia have been called to a meeting with a Treasury taskforce to discuss “technical” design aspects of the Federal Government’s cyclone reinsurance pool...

icare to cut almost 100 jobs in overhaul

03 June 2021

NSW state-owned insurer icare will cut almost 100 positions in changes to reduce layers of management and improve accountability as it seeks to improve performance...

Sedgwick makes Australia leadership appointments

03 June 2021

Global loss adjuster Sedgwick announced today four new appointments to its Australia leadership team, as the business works on expanding its services and professional expertise in the local market...

NIBA backs fair go for food delivery riders

02 June 2021

NSW workers’ compensation arrangements should be extended to ensure food delivery riders in the gig economy are covered for personal injury, the National Insurance Brokers Association says in a submission to an inquiry...