Daily
NSW reviews icare workers' comp scheme
16 May 2019
The NSW State Insurance Regulatory Authority has invited submissions to an independent review of workers’ compensation arrangements managed by Insurance and Care NSW (icare)...
QBE speeds property claims, appoints Sedgwick
16 May 2019
QBE has appointed Sedgwick as its sole principal loss adjusting partner as it introduces new technology that allows it to streamline property claims decision-making and cut costs...
NZ court orders broker to repay Suncorp
16 May 2019
A New Zealand insurance broker has lost his legal bid to have Suncorp-owned Asteron Life resume paying him income protection benefits...
Gallagher acquires SA brokerage
15 May 2019
Gallagher has announced the acquisition of Adelaide-based Donnellys Insurance Brokers, as it continues to expand its SME capability...
In plain sight: ASIC demands complaints transparency
15 May 2019
The Australian Securities and Investments Commission has launched consultation on new standards for the handling of customer complaints by financial firms...
Insurers 'failing to keep up with customers'
15 May 2019
Customers in Australia and globally want more comprehensive and dynamic insurance products but are not getting them because of a tepid response from insurers, a new report claims...
Signed and sealed: Nib takes control of QBE’s travel arm
14 May 2019
QBE has completed the disposal of its Australian travel insurance business to health insurer Nib Holdings, which has invested significantly to build up its presence in the market...
Insurtech Australia appoints first female chief
14 May 2019
Insurtech Australia today named founding member Rita Yates as its new CEO. She replaces Simon O’Dell, who becomes Chairman after slightly more than a year as CEO...
El Nino likelihood downgraded – for now, at least
14 May 2019
The Bureau of Meteorology today slashed the chances of an El Nino weather system developing this year, bringing potential relief to drought-hit regions...
NSW Government stays silent on 50% insurance tax
10 May 2019
The NSW Government has failed to respond to concerns that taxes will soon account for more than half of home and contents premiums in the state...
Greens push for $50 million cladding fix
10 May 2019
The Greens want Canberra to finance a $50 million kitty to help affected apartment owners pay for the urgent removal of flammable cladding materials...
Good to talk: ICA hails success of catastrophe forums
10 May 2019
The Insurance Council of Australia says efforts to engage face-to-face with residents at natural disaster community forums are reaping rewards...
QBE shareholders snub fossil fuel reduction bid
09 May 2019
An overwhelming 91.9% of proxies voted against fossil fuel exposure reduction targets at today’s QBE annual general meeting in Sydney...
ESL shock: tax to exceed premiums for NSW homes, businesses
09 May 2019
Taxes will account for more than 50% of the cost of NSW home and contents policies from July, as sharp increases to the state’s Emergency Services Levy kick in...
Growing fast: insurtechs set for post-Hayne boost
09 May 2019
Nearly three-quarters of insurtechs are collaborating with insurers in a sign of strong progress for the digital start-ups, an annual report released today shows...
NIBA unveils project to prove broker value
08 May 2019
The National Insurance Brokers Association (NIBA) has launched a major project to research and prove the true value of brokers to their clients and the community...
Customers, technology top insurers’ priority list
08 May 2019
Delivering better customer outcomes and technological know-how are driving insurers’ ongoing efforts to pull their businesses into the 21st century...
Sort it out: broker calls for talks with agencies
08 May 2019
Formal forums should be held so brokers and underwriting agencies can better understand each other’s needs as the local market hardens, a Victorian broker says...
Suncorp ponders spinning-off its bank
07 May 2019
Suncorp could consider the potential for a banking division spin-off as the financial services giant examines its current operations and structure...
Lawyers want ‘failed’ insurance code to go to government
07 May 2019
Law firm Maurice Blackburn says the insurance industry’s self-governing code of practice has failed consumers and should be replaced “as early as possible” with legal enforcement...