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Industry on notice as ACCC probe starts

30 October 2017

Insurers will be forced to provide information to the competition watchdog for its northern Australia insurance inquiry – the latest move by the Federal Government to find a way through the region’s politically sensitive insurance premiums debate…

Long-awaited strata inspection scheme moves forward

30 October 2017

Insurers have welcomed an announcement from Financial Services Minister Kelly O’Dwyer that the federal and Queensland governments will work with James Cook University on developing and implementing the Strata Title Inspection Scheme…

Disruption brings ‘pain point’ relief: Suncorp

30 October 2017

Technological disrupters are adept at targeting insurance “pain points” and are challenging major providers to improve their performance, Suncorp Insurance CEO Gary Dransfield says…

ICNZ praises climate change adaptation call

30 October 2017

The Insurance Council of New Zealand has welcomed calls from the country’s peak climate change body to overhaul stormwater and wastewater systems to cope with extreme weather…

Building defects pose major risk, brokers warned

30 October 2017

Brokers must be on high alert regarding disclosure of building defects and how insurers view risk, given 72% of surveyed homeowners have reported one or more defects, Strata Community Insurance MD Paul Keating warns…

Aon ousted by IBANZ over fee rise

23 October 2017

Aon New Zealand has had its corporate membership of the insurance brokers’ peak body cancelled after failing to pay a $NZ15,500 fee increase…

Weighty documents burden policyholders

23 October 2017

Comparethemarket.com.au has supported moves to simplify product disclosure statements after a survey by the company found many consumers were skimming through the documents…

Social engineering on the rise, cyber experts warn

16 October 2017

Cyber criminals increasingly use “social engineering” – manipulating people into giving up confidential information – to target businesses, according to the Australian Cyber Security Centre…