15 August 2016
Brokers must focus on client relationships to provide personalised advice as the community becomes increasingly comfortable with disruptive technologies, a forum on innovation heard today…
15 August 2016
Macquarie Business Banking wants brokers to complete its “new and improved” Insurance Broking Benchmarking Survey…
15 August 2016
General insurance matters accounted for about one-third of disputes considered by the Financial Ombudsman Service in the June quarter, as the number of complaints continues to rise…
15 August 2016
Private insurers have paid out more than $NZ18 billion for commercial and residential claims since the 2010/11 Canterbury earthquakes, according to the Insurance Council of New Zealand’s latest figures…
15 August 2016
The Code Governance Committee has widened the scope of an inquiry into general insurance outsourcing to include claims investigation practices and policies, says the Financial Ombudsman Service…
15 August 2016
The collapse of New Zealand’s Western Pacific Insurance with a $31 million reinsurance shortfall came swiftly on the heels of the 2011 Christchurch earthquakes. The latest issue of Insurance News (the magazine) looks inside the company to discover its major business focus was Australia, where its exposures totalled $5.8 billion…
08 August 2016
Rogue panelbeaters are charging insurers inflated bills for repair work that is, in many cases, deliberately engineered, according to industry experts…
08 August 2016
Tech giants such as Facebook and Google pose challenges for personal lines insurers and it is “commercially questionable” to disregard social media as a key distribution channel, according to Finity Consulting and Deutsche Bank’s Pendulum report…
08 August 2016
Residents from Yarloop have met law firm Slater & Gordon to discuss a possible class action after bushfire devastated the WA town…
08 August 2016
Striking a balance between innovation and experimentation and supporting the core business is crucial, an Actuaries Institute seminar in Sydney heard…
08 August 2016
Wild weather and flooding in March resulted in insured losses of more than $NZ30 million, according to the Insurance Council of New Zealand…
08 August 2016
The Federal Government today released the terms of reference for a review of the financial system’s external dispute resolution and complaints network…
01 August 2016
The business environment for insurers will remain tough and profitability subdued, according to the latest Pendulum report from Finity Consulting and Deutsche Bank…
01 August 2016
The ABC’s Four Corners program tonight will focus on the “humiliating and harmful” practices of insurers investigating traumatised police officers…
01 August 2016
The insurance and finance sector’s confidence level rose 19 points to +58 in the June quarter, the biggest gain among 10 industries monitored by the Sensis Business Index…
01 August 2016
Allianz has withdrawn its appeal against a NSW Supreme Court decision to uphold a $1.8 million compulsory third party insurance claim…
01 August 2016
Jobs Australia has called for industry superannuation funds to provide unemployment insurance…
01 August 2016
The technology revolution in renewable energy is considered a major risk among Australian mining, gas and oil sector executives, according to a Willis Tower Watson survey…
25 July 2016
Australian general insurers should achieve strong earnings this year if natural hazard claims remain moderate, according to Fitch Ratings…
25 July 2016
Indian Ocean temperature changes are pointing to possible above-average rainfall in southern Australia this winter and spring…