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Home resilience shortfalls drive call for ‘shared responsibility’

Thu, 03 Apr 2025 05:24:44 GMT

“Build back better” should be central to insurance policies and the federal government could consider extending the cyclone pool as worsening natural disasters reduce affordability, a housing resilience report proposes...

Alfred claims add to wild summer for IAG customers

Thu, 03 Apr 2025 05:24:23 GMT

IAG has received more than 28,000 claims for damage caused by storms and other extreme weather events in the past few months...

AFCA rules out reversal on car crash claim decision

Thu, 03 Apr 2025 05:24:14 GMT

The financial services ombudsman has backed an insurer’s at-fault decision and application of a $2300 excess on a car owner’s claim after her son reversed into an oncoming vehicle...

WFI makes $250k donation as floods ‘devastate’ farms

Thu, 03 Apr 2025 05:24:00 GMT

WFI Insurance has bolstered relief efforts for farming communities struck by catastrophic flooding in western Queensland, making a $250,000 donation to charity Rural Aid...

Steadfast considers home commissions as affordability pressures bite

Thu, 03 Apr 2025 01:21:12 GMT

Steadfast will give further consideration to broker commission levels on home insurance as many residents struggle with rising costs...

‘We were starting to be recognised’: Tresidder excited at Gallagher deal

Thu, 03 Apr 2025 01:19:11 GMT

Brad Tresidder says his working life is far from over after sealing a major deal for his eponymous broking business...

Allianz names broker partnerships lead

Thu, 03 Apr 2025 01:18:59 GMT

Allianz Commercial Australia has promoted John Whealans to the role of broker partnerships head...

NIBA sees ‘international best practice’ at US intermediary conference

Thu, 03 Apr 2025 01:18:52 GMT

The National Insurance Brokers Association says it gained “critical insights” on issues facing the global industry at a recent intermediary conference in the US...

Clover hopes to relaunch home product soon

Thu, 03 Apr 2025 01:17:32 GMT

Tech-focused underwriting agency Clover says it is close to finding new capacity for its popular home and landlords product, as it continues to grow across other lines...

Howden appoints specialty leader

Thu, 03 Apr 2025 01:16:55 GMT

Michael Herron has joined Howden in Sydney as head of specialty...

ShieldCover offers ‘easy-to-manage’ product for care workers

Thu, 03 Apr 2025 01:13:30 GMT

Underwriting agency ShieldCover has launched a product designed for care workers and registered National Disability Insurance Scheme contractors...

CFC refines cyber coverage, drops exclusions after broker feedback

Thu, 03 Apr 2025 01:13:12 GMT

CFC has launched a product called Cyber Proactive Response aimed at businesses with annual revenues up to $250 million...

Alfred, February flood losses pass $1.2 billion

Wed, 02 Apr 2025 05:07:19 GMT

Insurance losses from Ex-Tropical Cyclone Alfred and the earlier north Queensland floods have topped $1.2 billion, according to industry data...

Gallagher snaps up ‘highly regarded’ brokerage

Wed, 02 Apr 2025 05:04:58 GMT

Tresidder Insurance Brokers has been acquired by Gallagher, which says the deal strengthens its Australian presence and expertise in manufacturing, food and beverage, biotech and agriculture...

AMA chief leaves as repairer eyes ‘next stage of turnaround’

Wed, 02 Apr 2025 05:04:23 GMT

Collision repairer AMA Group says CEO Mathew Cooper has departed after holding the top role for 16 months...

INsight podcast: ICA flags resilience remedy as election fever sets in

Wed, 02 Apr 2025 04:35:26 GMT

The upcoming federal election is the hot topic on the latest episode of the Insurance News podcast...

Strata manager commission axe still likely, CHU chief says

Tue, 01 Apr 2025 05:32:31 GMT

NSW is becoming more measured in its approach to strata remuneration reforms but the removal of commissions from building managers remains on the cards, CHU Underwriting CEO Kimberley Jonsson has told an investor briefing...

Youi quits Blue Zebra deal, leaves broking channel

Tue, 01 Apr 2025 05:08:02 GMT

Youi will end its partnership with Blue Zebra after completing a strategic review of its products sold through intermediaries, but the agency says it is close to securing a new underwriter...

MS Amlin taps Aon veteran to run new Sydney office

Tue, 01 Apr 2025 05:07:02 GMT

Global reinsurer MS Amlin has opened its first branch in Australia and appointed Matt Botfield to lead it...

More dough, please: insurer to pay up after freezer fight

Tue, 01 Apr 2025 05:06:22 GMT

AIG must cover nearly $250,000 of damage to a pastry dough manufacturer’s freezer room after failing to show its policy excluded the event...