05 August 2021
Australia’s largest insurers are urging eligible staff to get vaccinated against COVID-19 and some say they might participate in an employer-assisted vaccine roll-out, as locked-down Sydney targets high levels of protection...
05 August 2021
Gallagher says there’s some evidence of price increases levelling out but across the board insurers are assessing which areas of the market they want to participate in and overall there’s significantly less capacity than previously...
05 August 2021
Insurance Advisernet Australia has been ordered to pay almost $38,000 to a marine business after the cover its broker arranged left the owner significantly underinsured, resulting in 42% being sliced from a claim payout...
04 August 2021
The National Insurance Brokers Association has shared with members the outcome of a strategic project that focuses on the future of the industry amid a raft of challenges including regulatory pressures...
04 August 2021
A surge in construction costs during the COVID-19 pandemic has put homeowners at “extreme risk” of underinsurance, MCG Quantity Surveyors has warned...
04 August 2021
Genworth Mortgage Insurance posted an underwriting profit of $88 million in the first half, up from $53 million a year earlier, boosted by a stronger economy, a jump in house prices and COVID support measures aimed at relieving borrower stress...
04 August 2021
The Australian Financial Complaints Authority's pledge to improve is the focus of the latest Insurance News podcast...
03 August 2021
The NSW Supreme Court has ruled a two-year restraint was unreasonable for a Willis Re senior executive who resigned to move to rival reinsurance broker Guy Carpenter in order to avoid the Aon merger, while it also found he was told to lie to clients about being “on leave” as part of damage control...
03 August 2021
Australia’s insurance-focused digital ventures have displayed “maturity and resilience” in what has been a challenging period because of the pandemic disruption, according to Insurtech Australia...
03 August 2021
A Hollard customer whose claim for fire damage was declined because his past criminal offences were not disclosed when his brokers arranged the business insurance policy has lost his dispute with the insurer...
03 August 2021
NSW state insurer icare has appointed Melanie Howard-McDonald as its new Customer Advocate...
30 July 2021
Liberty Specialty Markets Asia Pacific has announced two appointments following the exit of Chief Risk Officer Australia Michelle Smith...
30 July 2021
The Australian and New Zealand Institute of Insurance and Finance will this year present two awards that honour Donna Walker, who died while holidaying in East Africa two years ago...
30 July 2021
Insurtechs have raised more funding in the first half of this year globally than for all of 2020 after a record second quarter, Willis Towers Watson says in a report that also warns some businesses may be rushing toward public listings without being ready for market realities...
30 July 2021
An uninsured driver who was sandwiched in the middle of a three-car "nose-to-tail" collision has lost a dispute after RACQ Insurance agreed to cover damage at the rear of his vehicle but denied liability for damage to the front...
29 July 2021
The Queensland Government has provided funding for local council projects under a disaster risk reduction program that aims to help lower the cost of insurance in northern Queensland...
29 July 2021
Suncorp is undertaking an internal and external recruitment process to find a replacement for Darren Abbruzzese, its CIO Insurance who departs to take a senior role at NAB next month...
29 July 2021
Johns Lyng Group has acquired a 60% interest in national restoration services company Steamatic Australia, providing it with increased local scale as the company also looks at further international growth...
29 July 2021
A policyholder whose home was destroyed by bushfire has failed to hold her insurer responsible for "significant underinsurance"...
28 July 2021
Commercial insurance rates in the Australia-led Pacific market rose 23.2% in the three months to June, marking a slowdown in the pace of price growth for the second straight quarter, according to Marsh’s latest Global Insurance Market Index report...