Premium funders predict rising demand
01 September 2014
Australia’s use of premium funding lags behind overseas markets, but demand is likely to grow as brokers increasingly promote the service to clients, according to an industry executive…
Local
Warning for Brisbane businesses during G20 summit: be prepared
01 September 2014
The G20 summit in Brisbane in November will affect the ability of many businesses to operate in the city, according to Aon…
El Nino still on the cards
01 September 2014
An El Nino event remains a strong possibility over the coming months, the Bureau of Meteorology warns…
NSW councils hit out over bushfire clearance laws
01 September 2014
The NSW Rural Fire Service will meet with Sydney councils within the next few days as pressure mounts on the NSW Government to modify new anti-bushfire laws …
NZ court allows multiple earthquake claims
01 September 2014
Policyholders could cash in after New Zealand’s Supreme Court ruled an insured can make multiple earthquake claims in a single policy period, up to the sum insured each time…
New entrants step up challenge in personal lines
25 August 2014
Challenger brands have doubled their market share in personal lines over the past three years – and they are not done yet…
University study weighs up bushfire strategies
25 August 2014
A pilot study in NSW could help change the way bushfire risk is managed in vulnerable communities…
Court rules welder’s cancer is workplace injury
25 August 2014
A former welder who contracted lung cancer and subsequently had his right lung removed is entitled to workers’ compensation, a court has found…
Ombudsman making headway on backlog
25 August 2014
The Financial Ombudsman Service will have significantly reduced its backlog by the end of the year, according to Chief Ombudsman Shane Tregillis…
More NSW councils bring forward bushfire season
25 August 2014
Up to 20 NSW councils will advance their bushfire season start dates to September 1, with firefighters warning of an “above-average” risk this year…
Liquidator pursues debts, lawyers target planners
25 August 2014
Liquidator KordaMentha has triggered a vicious circle of court action as it places legal pressure on investors in failed forestry group Timbercorp…
NIBA looks to copy guide for MPs
25 August 2014
A British Insurance Brokers’ Association guide for politicians could serve as a template for an Australian version, according to the National Insurance Brokers Association…
Insurers look beyond bonds
18 August 2014
Persistently low yields have forced insurers to diversify their investments, but Australian groups have been slow to copy their counterparts in Europe and North America by investing abroad…
Plan for the worst, Aon warns food suppliers
18 August 2014
Companies in the food supply system should have crisis management plans in place to combat growing risks from issues such as contamination, Aon Risk Solutions warns…
Stay and defend policy ‘worries authorities’
18 August 2014
The ferocity of bushfires in recent years is causing authorities to be less positive about the benefits of householders choosing to “stay and defend” their properties…
NZ consumer group flags home valuations discrepancy
18 August 2014
New Zealand should regulate to ensure sum-insured home policies provide suitable cover based on accurate valuations, according to Consumer NZ…
Review flags national indemnity program for clinical trials
18 August 2014
Insurance and indemnity arrangements for clinical trials could be streamlined to provide more national consistency, a new report has found…
Don’t miss out on our Bali competition
18 August 2014
Time is running out for brokers to win a trip to Bali, to dive with ocean researchers on the Catlin Seaview Survey…
Rooftop installations pose problems
18 August 2014
When it comes to environmentally sustainable buildings, green is good but not without its risks, the 2014 Claims Convention has heard…
In Insurance News (the magazine) this month
18 August 2014
Who’s Australia’s largest insurer? It has to be IAG, right? Yes, but Suncorp is more profitable and makes more on its investments. The latest edition of Insurance News (the magazine)…