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Political interference ‘in full swing’ post-Hayne

17 June 2019

Some Australian insurers are concerned at politicians’ determination to move quickly on the Hayne royal commission’s recommendations to reform the financial services sector, according to a PwC-sponsored biennial survey...

Uber Air shapes as new vehicle for aviation cover

17 June 2019

Uber’s bold Uber Air flying taxi proposition could be treated much like helicopter use by underwriters in the first instance, but technical advancements will open new opportunities for aviation insurers, experts say...

New skills will define future workers: Deloitte

17 June 2019

Jobs that require interpersonal and creative skills, conflict resolution, cognitive work and sales will be increasingly in demand over the next decade, despite the automation revolution, Deloitte says...

In Insurance News magazine this month

17 June 2019

The industry’s largest-circulation news magazine is hitting mailboxes this week, and as soon as mail deliveries are completed we’ll put it up online as well...

Couple in court over $17 million fraud

11 June 2019

The trial of a married couple accused of defrauding Dual Australia of $17 million between 2011 and 2013 was due to begin in Melbourne today…

Agency aims to plug region’s insurance gap, but won’t yet say how

11 June 2019

Underwriting agency Sure, which plans to enter the north Queensland market next month with underwriting capacity from Liberty Mutual, says it will provide details of its business nearer to its launch, with its approach to the cyclone-prone region set to be closely watched…

Unis urged to raise game on cyber security

11 June 2019

The education sector must improve protection against data breaches given the sensitive data it holds, specialist insurance provider CFC Underwriting says…

Seismic company checks ‘pulse’ of NZ buildings

11 June 2019

New Zealand company Global Seismic Data says a sensor system that monitors the “pulse” of buildings to improve resilience will be introduced more widely in the country after an initial focus on Wellington…

Warm, dry winter on way after record-breaking summer

03 June 2019

Summer was a season of extremes, with record hot days and drought in parts of central NSW contrasting with all-time high rainfall in tropical regions, the Australian Actuaries Climate Index reveals…

Rising seas need new risk approach: researchers

03 June 2019

Airports and other critical coastal infrastructure should be subject to risk planning for higher sea level increases than previously expected, researchers at Risk Frontiers and Macquarie University warn…

Consumer group flags Big Data concerns

03 June 2019

Increased use of Big Data could create an insurance affordability problem as the industry assesses risk at a “granular level”, the Financial Rights Legal Centre says…