20 July 2020
Insurtech Gateway Australia is planning a pilot launch of a pay-as-you-drive motor insurance product next January, as the London-based insurance incubator looks to shake up the market here...
20 July 2020
New Zealand’s Earthquake Commission is funding research that promises better models to predict future multi-fault earthquakes...
13 July 2020
Catastrophe claims combined with the disruption of the COVID-19 pandemic have created the most difficult insurance market conditions for almost two decades, brokers say – and there’s no immediate end in sight...
13 July 2020
General insurance industry leaders have rebutted a law firm’s claim that insurance businesses will collapse as a result of COVID-19 pandemic claims, disruption and associated global recession...
13 July 2020
Digital criminals are stepping up their attacks on businesses using a new tactic described as “big game cyber hunting” to extort ransom from victims, law firm Clyde and Co says...
13 July 2020
East Gippsland’s fire season could start early for a third straight year due to persistent dry conditions, the Bushfire and Natural Hazards Co-operative Research Centre’s latest outlook says...
13 July 2020
Car and home and contents insurance are the only risk products considered as essential by domestic policyholders, according to a KPMG survey of 1500 consumers...
13 July 2020
The Insurance Brokers Code Compliance Committee has launched a new website today that it hopes will improve standards in the broking industry...
06 July 2020
Double-digit reinsurance price increases were seen for loss-hit catastrophe insurance programs in Australia at recent renewal negotiations with reinsurers, Willis Re says...
06 July 2020
Chubb has reiterated its reputation for claims excellence after a damaging program on national television...
06 July 2020
The Insurance Council of Australia says BT Financial Group GM Insurance Sue Houghton will serve as interim President until a board meeting at the end of the month...
06 July 2020
The industry’s move to have in place measures to support customers who are facing domestic violence through new provisions to its revamped code of practice is a step in the right direction, according to consumer advocates...
06 July 2020
The owners of Opal Tower have launched a class action against the NSW Government, seeking compensation for new defects found in the building...
06 July 2020
A new "POP. LOCK. STOP" ad campaign has been launched to remind motorists of simple steps they can take to prevent car theft as offenders "become more brazen", sneaking into homes via unlocked doors or windows to steal keys left in accessible spots...
06 July 2020
The Insurance Council of Australia has pushed backed calls from consumer advocates for a national pricing monitor, saying there is no evidence to back up their claims of “price gouging" by insurers...
06 July 2020
The insurance industry has the highest number of virus-related disputes, accounting for 38% of the 4773 cases lodged against financial services providers since March, when the pandemic was declared...
06 July 2020
Lloyd’s is urging industry and government collaboration in countries including Australia to improve risk protection responses to the COVID-19 pandemic and future risks...
06 July 2020
Infrared thermography scanning technology is being rolled out in three Australian states to safeguard organisations from COVID-19 and flu infection breakouts within shared office environments...
06 July 2020
Discussions on liability cover for farms hosting coal seam gas operations are continuing between the Insurance Council of Australia, the Australian Petroleum Production and Exploration Association and other groups...
06 July 2020
The Earthquake Commission is spending $NZ3 million on new research to increase New Zealand’s resilience to natural hazards and reach its goals of stronger buildings, resilient infrastructure and access to insurance...