Local
24 April 2017
Artificial intelligence will profoundly change the industry in the next three years, according to 57% of Australian insurance executives polled in Accenture’s latest Technology Vision for Insurance report…
24 April 2017
A government survey has revealed that many Australian organisations are attacked daily by cyber criminals…
24 April 2017
A 31-year-old Sydney man is the first person charged under a crackdown on fraud against the NSW compulsory third party scheme…
24 April 2017
Fires that caused more than 1000 people to be evacuated near Christchurch earlier this year have cost insurers $NZ17.7 million from 175 claims…
10 April 2017
Insured losses from Cyclone Debbie and flooding have climbed to an estimated $413 million from 46,817 claims, according to the Insurance Council of Australia…
10 April 2017
Excessive premiums have left many Lismore residents uninsured for flood damage caused by Cyclone Debbie, Mayor Isaac Smith says…
10 April 2017
New Zealand insurers face an influx of claims after the remains of Cyclone Debbie crossed the Tasman, bringing heavy rainfall and flooding…
10 April 2017
Police believe a sophisticated crime syndicate is defrauding NSW’s compulsory third party scheme, costing it millions of dollars a year…
10 April 2017
Two Canberra brothel owners have won an appeal against Calliden after the insurer refused to pay a $500,000 fire damage claim because they did not disclose their links to an outlaw motorcycle gang…
10 April 2017
The New Zealand insurance industry has criticised the rising fire service levy, saying taxes on cover encourage underinsurance and leave consumers exposed…
10 April 2017
The Australian mining insurance market will remain soft this year, but reasons for large rate reductions will be scarcer, Marsh says in a global report on the sector…
10 April 2017
Many Australians are ready for automated vehicles, according to a survey by Roy Morgan Research…
10 April 2017
Create a clear direction, have some fun in a high-energy environment, set bold challenges… just a few points in the strategy set by QBE’s Group CFO Pat Regan when he took over the Australian and New Zealand Operations division…
03 April 2017
Less than one-third of SMEs bought insurance through a broker last year as digital upheaval affected demand for professional services, according to a Vero survey…
03 April 2017
Insured losses from Cyclone Debbie have reached $224 million from 19,600 claims, according to the Insurance Council of Australia…
03 April 2017
Robust reinsurance will protect Australian insurers from ratings impacts following Cyclone Debbie last week, according to S&P Global…
03 April 2017
Premium rate increases in Australian property lines are expected to continue this year, according to the latest market review from broker Arthur J Gallagher…
03 April 2017
Modest premium increases in key personal lines and a long-awaited turn to growth in commercial classes should propel the insurance industry into a year of improved profitability, according to consultant Taylor Fry…
03 April 2017
The number of disputes about general insurance products and services grew 31% to 30,171 in the last financial year, according to the industry’s Code Governance Committee…
03 April 2017
Insurtechs are better off partnering with established insurers than trying to jump through regulatory hoops or sourcing the capital they need to compete against incumbents, according to a KPMG industry expert…