Daily
RACQ-backed insurtech promises 'sweeter deals' for Australians
17 June 2021
Insurtech Honey Insurance has launched today targeting the home and contents market, having secured $15.5 million in seed funding from its underwriting partner RACQ and other institutional investors...
ICA launches business interruption advertising campaign in newspapers
16 June 2021
The Insurance Council of Australia is this week running advertisements in major daily newspapers encouraging policyholders to contact their insurer or broker about business interruption claims related to the COVID-19 pandemic...
Queensland Budget 'missed opportunity' for mitigation, tax reform
16 June 2021
The Insurance Council of Australia has labelled the Queensland Government’s 2021/22 Budget a “missed opportunity” to invest in mitigation works and cut insurance taxes...
NIBA's Queensland broker award finalists named
16 June 2021
The National Insurance Brokers Association has revealed this year’s Queensland finalists for both its Broker and Young Professional Broker awards...
Hard times: podcast discusses broking under current conditions
16 June 2021
Part two of a special three-episode series of podcasts discussing findings from Vero's SME Insurance Index has been released – focusing on the hard market and the importance of explaining the current environment to clients...
Claim numbers rising for Victoria storms catastrophe
15 June 2021
Claims totals are rising from severe weather that hit Victoria last week, with the Insurance Council of Australia on the weekend declaring the event a catastrophe...
Insurance Advisernet client loses compensation bid for water damage loss
15 June 2021
An Insurance Advisernet client seeking to have the broker pay for the remainder of his claimed costs for damage to his property from a water leak has lost his case before the Australian Financial Complaints Authority...
Suncorp's McLoughlin awarded Queen's Birthday honour
15 June 2021
Suncorp Chairman Christine McLoughlin has been recognised in the Queen’s Birthday Honours for significant service to business, the not-for-profit sector and to women...
Dozens of NSW strata communities register for cladding removal
15 June 2021
About 50 strata communities across NSW have registered for the state government’s program to remove combustible cladding from residential apartment buildings...
Brokerage flooded as Victoria counts cost of wild weather
11 June 2021
Thousands of claims have been lodged with insurers as high winds and torrential rain hit parts of Victoria this week...
ASIC permanently bans former Reliance director
11 June 2021
The Australian Securities and Investments Commission has permanently banned former Australian Reliance and Reliance Franchise Partners director Kimberley Hanson following concerns over the misuse of millions of dollars withdrawn from trust fund accounts more than six years ago...
COVID lockdowns 'cut truck crash frequency'
11 June 2021
Heavy vehicle crash frequency fell last year from 2019, with the decline probably due to pandemic lockdown measures, an annual study from transport and logistics specialist insurer NTI says...
Ford Falcon driver with undisclosed drugs conviction loses dispute
11 June 2021
A motorist who failed to disclose a 2018 criminal conviction for a drug-related offence to his insurer has lost a claim dispute after his vehicle was stolen...
360 Underwriting expands to New Zealand with acquisition
10 June 2021
360 Underwriting Solutions has acquired a majority equity stake in TLC Insurance, a New Zealand underwriting agency that specialises in providing mobile plant and heavy machinery solutions...
Blurred lines 'raise NSW workers' comp risks'
10 June 2021
NSW workers’ compensation scheme failings risk being repeated, despite inquiries to improve performance, if unclear lines of accountability are not addressed, the National Insurance Brokers Association warns...
QBE claims stalwart moves to MLC
10 June 2021
QBE Insurance GM Claims Strategy Andrew Beevors has been appointed MLC Life Insurance Chief Claims Officer...
Painting of back deck by tenant not malicious, landlords told
10 June 2021
Landlords have lost a claim dispute with Suncorp after evicting a tenant who used a false name, defied multiple orders not to paint a hardwood deck and was later arrested by police...
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...