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NZ quake claimants urged to seek time limit advice

21 August 2017

Canterbury residents should contact their insurers if they are unsure how laws putting a time limit on legal action may affect outstanding 2010/11 earthquake claims, the Insurance Council of New Zealand says…

Local insurtech lags amid digital surge

14 August 2017

Insurtech in Australia and New Zealand is being left behind in the rush towards fintech innovation, according to a report by KPMG and business lobby the Committee for Sydney…

Pedigree pooches come at a premium

14 August 2017

The number of Australians taking out pet insurance has risen 8% since 2013, due in part to our love of pedigree dogs predisposed to costly medical conditions, according to comparison website finder.com.au…

In Insurance News (the magazine) this month

14 August 2017

Do premium rises in the June renewals season indicate the market has turned the corner? The industry’s most popular print publication, Insurance News (the magazine), has the answers in its latest edition, which will be posted out to subscribers over the next week…

Insurers ‘must act’ on insurtechs

07 August 2017

There is a growing realisation among insurers that they must combat the threat of insurtech disruptors, according to a report from technology services provider TAS…

ICA flood database review in final stages

07 August 2017

The Insurance Council of Australia is finalising a review of the latest version of the National Flood Information Database, with figures showing about 20% of addresses have a flood exposure…

NZ buildings ‘could face cladding risk’

07 August 2017

High-rise buildings in New Zealand could be exposed to the flammable cladding risk that has been highlighted in Australia and worldwide, the Insurance Council of New Zealand says…

Multi-fault quakes more common than thought

07 August 2017

Complex multi-fault earthquakes may be more common than previously thought, based on a review of data by New Zealand researchers following last year’s Kaikoura catastrophe…

NSW spent $25 million on ditched fire levy reform

31 July 2017

The NSW Government spent $25.42 million on preparations for the fire and emergency services levy reform before backing away from it at the last minute, according to State Treasury estimates obtained by the Labor Party…

SMEs ‘lack awareness’ on cyber risks

31 July 2017

Many companies are unprepared for rising threats from sophisticated and disruptive cyber crimes, Small Business and Family Enterprise Ombudsman Kate Carnell warns…

Insurers warned over autonomous car crash

31 July 2017

Personal injury insurance, compensation and rehabilitation schemes whose operational models do not reflect the rise in autonomous vehicles and the sharing economy risk collapse, according to a transport expert…