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Key broker role may involve changes, UAC survey finds

27 November 2017

Brokers will continue to play a key role over the next five years, but may have to adjust their services and “value proposition” to end customers, according to an Underwriting Agencies Council survey…

Industry bites back after senator’s attack

27 November 2017

The general insurance industry has hit back after One Nation senator Brian Burston made a series of allegations in Parliament, accusing him of “choosing to ignore” facts that contradict his comments…

Make most of technology, AUB urges brokers

27 November 2017

Brokers have a chance to demonstrate their value to clients who are still trying to understand insurtech and the changes it brings to the market, according AUB Group…

La Nina looking more likely

27 November 2017

The Bureau of Meteorology warns the likelihood of a La Nina weather event has increased to 70%, as the tropical Pacific approaches the temperature threshold…

No respite for southern regions on fire risk

27 November 2017

While southeast Queensland and north NSW have had their seasonal bushfire risk downgraded to “normal” due to heavy rainfall, southern regions have not been so lucky, according to the Southern Australia Seasonal Bushfire Outlook’s November update…

Relationships, education key to broker-SME bond: Vero

27 November 2017

New Zealand brokers should spend more time nurturing young, new and smaller clients to develop valuable long-term relationships, according to Vero’s final SME Insurance Index report for the year…

Profits on rise as cycle turns: KPMG

20 November 2017

Insurance industry profits may be on course for a sustained improvement after surging 25% to $4.85 billion last financial year, according to a KPMG report…

Industry premium climbs to $45 billion

20 November 2017

General insurers recorded gross earned premium of $45.3 billion for the year to September 30, according to the latest Australian Prudential Regulation Authority statistics…

ACCC opens debate on premiums in north

20 November 2017

Northern Australians who face rising insurance premiums can air their grievances in public forums hosted by the Australian Competition and Consumer Commission…

Next code may protect vulnerable consumers

13 November 2017

The General Insurance Code of Practice may be strengthened with standards to improve outcomes for vulnerable consumers and victims of family violence, under priority areas identified in an interim report…