NZ broker ordered to repay Asteron
20 May 2019
New Zealand’s High Court has rejected insurance broker Peter Taylor’s bid to have Suncorp-owned Asteron Life resume paying him income protection benefits…
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Bureau cuts El Nino likelihood
20 May 2019
The chances of an El Nino weather system developing this year have been cut from 75% to 50% in the Bureau of Meteorology’s latest update…
Suncorp fires mitigation warning to next government
13 May 2019
Regional Australia risks economic ruin if the incoming federal government fails to invest more in disaster mitigation as the effects of climate change take hold, Suncorp warns…
Climate Council warns of ‘shocks’ cascading to insurance
13 May 2019
The Climate Council has warned rising greenhouse gas emissions will cause shocks that cascade through the economy, hitting sectors including insurance and property…
NIBA commissions study on broker value
13 May 2019
The National Insurance Brokers Association has commissioned Deloitte Access Economics to assess the value of general insurance brokers to clients, insurers and the community…
Brand damage, economy give risk managers the jitters
13 May 2019
Australian companies have named reputation or brand damage as their top business risk in a biennial Aon survey, followed by economic slowdown and business interruption…
IAG studies autonomous vehicle safety systems
13 May 2019
IAG and the University of Sydney are researching ways that autonomous vehicles’ perception systems can be standardised for safety requirements…
Insurtechs urged to build on partnership progress
13 May 2019
Australian insurtechs are making the case to insurers that they can be partners, a new report shows…
Insurers ‘heeding wake-up call’ on digital change
13 May 2019
Nearly one-quarter of insurance leaders list “customer experience” as their top priority for the year, research by technology provider TAS shows…
QBE hopes dash-cams catch on
13 May 2019
QBE is urging more widespread use of dash-cams to make claims processing faster, fairer and more cost-effective…
AFCA sets out to meet communities
13 May 2019
The Australian Financial Complaints Authority is to hold a national roadshow, visiting more than 70 regional and remote communities to hear people’s issues…
IT expert creates nine-step cyber attack checklist
13 May 2019
Almost half of Australia’s SMEs are ill-prepared for escalating malicious data breaches, potentially exposing them to significant financial loss and reputational damage…
ICA rejects call to kill off 'useless' industry-run codes
06 May 2019
Consumer advocate Choice has today called for an end to self-administered industry codes in the financial services industry, saying it wants the Australian Securities and Investments Commission in charge…
ICA app shares property hazard data
06 May 2019
The Insurance Council of Australia will introduce a mobile app giving residents access to the latest hazard data for their homes…
Faster, cheaper: Lloyd’s reveals transformation blueprint
06 May 2019
Local brokers and underwriting agencies have been encouraged to participate in a survey that will be used to help guide Lloyd’s drive to “supercharge innovation”…
Wellington forum to address rising premium fears
06 May 2019
Earthquake Commission Minister Megan Woods and the Insurance Council of New Zealand will attend a forum called by Wellington’s Mayor to discuss policy affordability fears…
Brokers warned over ‘scattergun’ approach
06 May 2019
Brokers should stop trying to “cover all bases” with a “scattergun approach” and instead work more closely with preferred partners, an underwriting agency principal says…
Southern Response class action gains funding
06 May 2019
A New Zealand class action against Southern Response regarding Canterbury earthquake payments has gained litigation support from Claims Funding Australia…
ICA holds third Townsville forum
06 May 2019
The Insurance Council of Australia will host a third forum in Townsville tomorrow for policyholders affected by February’s devastating floods, which led to more than 27,000 claims totalling more than $1.13 billion…
Prescribed burns ‘not one size fits all’
06 May 2019
Prescribed burning to prevent bushfire losses must be tailored to fit its objective, because a broad approach does not work, a new academic study shows…