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Brokers are starting to move business in response to new insurtech offerings, the latest AIMS member survey shows...

New entrants in the home and personal motor lines have hatched a “spectacular” plan built around the broker channel to successfully challenge the dominance of IAG and Suncorp, according to a Macquarie Research report...

Insurers have so far received about 120 claims from the bushfires in NSW and Queensland...

Australia’s most recent autumn ranked as the second most extreme in the number of hot days, according to the latest Climate Index readings...

Lloyd’s has rejected a claim by Australian fast bowler Mitchell Starc for $1.5 million under a total disablement policy issued by one of its syndicates, denying the cricketer suffered a fracture of his right tibial bone and saying his injury does not meet the policy requirements for payment...

The Association of Financial Advisers has slammed the “double standards” of the Federal Government extending due regulatory process to insurers while denying it to the financial advice sector...

Cyber specialist underwriting agency Emergence Insurance says claims frequency rose 29% and average severity jumped 51% in the past financial year...

New Zealand homeowners are miscalculating the cost of rebuilding their properties, leading to the risk of underinsurance, IAG has warned...

Complaint enquiries to New Zealand’s Financial Services Ombudsman jumped to 3805 in the year to June 30, up from 3357 in the previous year, with the most common complaint issues centred on insurance policy exclusions, scope of cover, non-disclosure, pre-existing conditions and gradual damage...