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BI test case imminent after ICA, AFCA agree launch

3 August 2020

A business interruption test case will be held in “a superior court” to rule on matters relating to COVID-19 shutdowns...

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Pandemic seen as boost for insurtech momentum

3 August 2020

Insurers are likely to step up their strategies for working with insurtechs as issues highlighted by the COVID-19 outbreak accelerate interest in partnerships, Insurtech Australia CEO Rita Yates says...

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SME insurance complaints spark inquiry

3 August 2020

The Australian Small Business and Family Enterprise Ombudsman has called an inquiry to investigate insurance practices and cover availability after receiving complaints about policy denials and soaring prices...

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Westpac GM takes up role as ICA President

3 August 2020

Westpac GM Insurance Sue Houghton will serve as Insurance Council of Australia President through to the end of next year, the board said last week...

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Cyber criminals target insurance

3 August 2020

The insurance industry is increasingly being targeted by data thieves, according to the latest data breaches report from the Office of the Australian Information Commissioner...

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Climate group pushes for independent insurance monitor

3 August 2020

An independent insurance price monitor should be established to see that Australians in disaster-prone areas can insure and be more resilient, climate experts say...

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Pandemic will lead to greater oversight: law firm

3 August 2020

Almost two-thirds of Australian insurers expect more legal and regulatory oversight as a result of COVID-19, a survey of insurance executives has found...

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Investors shun businesses disrupted by flood

3 August 2020

Businesses in Australia must take proactive steps to strengthen the resilience of their facilities in flood-affected regions or risk long-term damage to the value of their operations, FM Global says...

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Communities ‘not equal’ in ability to withstand disasters

3 August 2020

Many social, economic and institutional factors contribute to a community’s disaster resilience, and what works in one location won’t necessarily work elsewhere...

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Modeller updates Australia’s earthquake risk profile

3 August 2020

Catastrophe risk modelling firm AIR Worldwide has updated its assessment of earthquake risk for Australia...

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Privacy: financial services losing consumer trust, says Deloitte

3 August 2020

Financial services have seen the biggest loss in trust in privacy among consumers across 10 industries, a new survey from Deloitte says...

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