Apia most recommended brand
16 August 2010
A survey of customer experience outcomes in the motor and property insurance sectors has seen Suncorp brand Apia top the list of insurers customers would recommend…
Local
Disaster work boosts insurers’ image
16 August 2010
The public image of insurance is improving, thanks to insurers’ performance following recent disasters – but some claimants are still in danger of “drowning in red tape”…
ANZIIF launches educational website
16 August 2010
The Australian and New Zealand Institute of Insurance and Finance has launched a website aiming to improve consumer understanding of insurance and risk management…
$20 million One.Tel claim goes back to NSW court
09 August 2010
A ruling last week by Australia’s top court has paved the way for failed phone company One.Tel to pursue CGU for $20 million…
Bushfires report urges insurer action
09 August 2010
The 2009 Victorian Bushfires Royal Commission has called on insurers to play their part in tackling underinsurance by making cover easier to understand and purchase...
Big insurers shun new aggregator
09 August 2010
Most of the major Australian car insurers have shunned new online car quote and premium comparison service Infochoice…
SA tornado claims bill low
09 August 2010
A tornado that ripped through the town of Penola in southeast SA last week isn’t expected to register on the scale of major insurance events…
Industry welcomes bushfires report
02 August 2010
The insurance industry has welcomed a recommendation by the 2009 Victorian Bushfires Royal Commission to axe the fire services levy in favour of a property-based fire funding model…
Adapt to survive, loss adjusters told
02 August 2010
Australasian Institute of Chartered Loss Adjusters President Ian McWalter has called on his members to get creative to meet competition from alternative service providers…
NRMA Insurance study reveals GPS danger
02 August 2010
Constantly glancing at a GPS while driving can significantly reduce driver attention and safety, while having it incorrectly positioned can create significant driver “blind spots”…
In insurance News (the magazine) this month
02 August 2010
Suncorp is on the move again, capitalising on its scale and using a unique strategy to slash costs and increase efficiencies…
Brokers report ‘modest increases’ in premiums
26 July 2010
A new survey of brokers has revealed most observed moderate increases of 1%-9% in commercial lines in the June 30 renewal period, while personal lines policies rose by 10%-30%…
Australian storm claims hit $2 billion
26 July 2010
Insured losses from the March storms in Melbourne and Perth have reached the $2 billion mark…
Insurers recognised at business awards
26 July 2010
A number of insurance businesses have won categories at this year’s Australian Business Awards…
CGU boss calls for fire services funding reform
26 July 2010
CGU CEO Duncan West wants the Victorian Government to overhaul the way fire services are funded, slamming the existing system as “grossly unfair”…
Increased complaints boost FOS numbers
26 July 2010
The Financial Ombudsman Service is looking for more staff, including risk insurance specialists, to handle a growing number of complaints…
Kerrie Kelly departs ABI after five months
19 July 2010
Former Insurance Council of Australia CEO Kerrie Kelly has stepped down from running the Association of British Insurers after just five months in the job…
General insurance progress slower but steady
19 July 2010
The general insurance industry is making slow but steady progress, with profitability well away from the halcyon days of 2003-07, according to a report by actuarial consultants Finity Consulting…
Broking legend Frank Earl dies
19 July 2010
Friends and colleagues from around the world today farewelled one of Australia’s most highly regarded insurance brokers, Frank Earl, who died last week…
June renewals reveal soft market conditions
19 July 2010
Soft market conditions dominated the June renewal season, with discounts generally available across the commercial portfolio, according to major broker Marsh…