insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auKelly to stay as CEO if Steadfast deal goes throughhttps://www.insurancenews.com.au/daily/kelly-to-stay-as-ceo-if-steadfast-deal-goes-throughhttps://www.insurancenews.com.au/daily/kelly-to-stay-as-ceo-if-steadfast-deal-goes-through<p>Steadfast Group co-founder Robert Kelly says he will continue in the CEO role if a proposed $7.7 billion acquisition of the company proceeds...</p>Wed, 10 Jun 2026 06:24:57 GMT‘Sad day for the industry’: tributes paid as WR Berkley founder dieshttps://www.insurancenews.com.au/daily/sad-day-for-the-industry-tributes-paid-as-wr-berkley-founder-dieshttps://www.insurancenews.com.au/daily/sad-day-for-the-industry-tributes-paid-as-wr-berkley-founder-dies<p>William Robert Berkley, who founded WR Berkley Corporation in 1967, has died aged 80...</p>Wed, 10 Jun 2026 06:23:22 GMTOwners push for strata commission ban after ‘first salvo’https://www.insurancenews.com.au/daily/owners-push-for-strata-commission-ban-after-first-salvohttps://www.insurancenews.com.au/daily/owners-push-for-strata-commission-ban-after-first-salvo<p>The Owners Corporation Network says it is disappointed the Victorian government has deferred an expert panel&rsquo;s recommendation to ban strata commissions pending more analysis, but it will continue to press the issue...</p>Wed, 10 Jun 2026 06:22:17 GMTRogue builder’s botched work not malicious: AFCAhttps://www.insurancenews.com.au/daily/rogue-builder-s-botched-work-not-malicious-afcahttps://www.insurancenews.com.au/daily/rogue-builder-s-botched-work-not-malicious-afca<p>A cash-strapped homeowner has failed in a bid to claim $35,000 from her insurer to cover faulty work carried out by an unlicensed and uninsured builder...</p>Wed, 10 Jun 2026 06:20:29 GMTSteadfast receives $7.7 billion buyout bidhttps://www.insurancenews.com.au/breaking-news/steadfast-receives-7-7-billion-buyout-bidhttps://www.insurancenews.com.au/breaking-news/steadfast-receives-7-7-billion-buyout-bid<p>Steadfast has attracted a $6-a-share takeover offer from Amwins Group and Dragoneer Investment Group, valuing the company at $7.7 billion...</p>Wed, 10 Jun 2026 05:03:55 GMTSteadfast shares on trading halthttps://www.insurancenews.com.au/breaking-news/steadfast-shares-on-trading-halthttps://www.insurancenews.com.au/breaking-news/steadfast-shares-on-trading-halt<p>Steadfast Group shares have entered a trading halt ahead of an expected further announcement about a potential material transaction...</p>Wed, 10 Jun 2026 00:36:59 GMTHelia recruits Steadfast’s Senkevics as CEOhttps://www.insurancenews.com.au/breaking-news/helia-recruits-steadfast-s-senkevics-as-ceohttps://www.insurancenews.com.au/breaking-news/helia-recruits-steadfast-s-senkevics-as-ceo<p>Helia Group has appointed Steadfast underwriting agencies head Mark Senkevics as CEO...</p>Tue, 09 Jun 2026 23:28:51 GMTARs ‘blindsided’ as Sphere enters liquidationhttps://www.insurancenews.com.au/daily/ars-blindsided-as-sphere-enters-liquidationhttps://www.insurancenews.com.au/daily/ars-blindsided-as-sphere-enters-liquidation<p>Authorised representative network Sphere Insurance Group has entered liquidation, according to the corporate regulator...</p>Tue, 09 Jun 2026 06:18:07 GMTCompanies upbeat on AI, but cyber threat becomes ‘complex challenge’https://www.insurancenews.com.au/daily/companies-upbeat-on-ai-but-cyber-threat-becomes-complex-challengehttps://www.insurancenews.com.au/daily/companies-upbeat-on-ai-but-cyber-threat-becomes-complex-challenge<p>Half of businesses in Australia experienced a &ldquo;cyber event&rdquo; in the past year, with 26% involving AI-driven attacks such as vulnerability identification, malware, phishing, deepfakes and email compromise, a QBE survey has found...</p>Tue, 09 Jun 2026 06:17:55 GMTFactory’s pandemic pivot unsafe and undisclosed, court findshttps://www.insurancenews.com.au/daily/factory-s-pandemic-pivot-unsafe-and-undisclosed-court-findshttps://www.insurancenews.com.au/daily/factory-s-pandemic-pivot-unsafe-and-undisclosed-court-finds<p>A manufacturer that switched to making hand sanitiser during the Covid-19 pandemic has lost a court battle against insurer Allianz after its factory burnt down...</p>Tue, 09 Jun 2026 06:14:47 GMTWedding guest blamed spiked drink for hitting parked carshttps://www.insurancenews.com.au/daily/wedding-guest-blamed-spiked-drink-for-hitting-parked-carshttps://www.insurancenews.com.au/daily/wedding-guest-blamed-spiked-drink-for-hitting-parked-cars<p>A driver has failed to overturn a denied claim after she hit three parked vehicles in the early hours, then failed an alcohol test...</p>Tue, 09 Jun 2026 06:11:52 GMTWhat if complaints were a service, not a problem to manage?https://www.insurancenews.com.au/analysis/what-if-complaints-were-a-service-not-a-problem-to-managehttps://www.insurancenews.com.au/analysis/what-if-complaints-were-a-service-not-a-problem-to-manage<p>Here is a question worth sitting with: what if the way the Australian insurance industry thinks about complaints is itself the problem?</p>Mon, 08 Jun 2026 01:00:00 GMTAllianz Partners to acquire Nib travel businesshttps://www.insurancenews.com.au/daily/allianz-partners-to-acquire-nib-travel-businesshttps://www.insurancenews.com.au/daily/allianz-partners-to-acquire-nib-travel-business<p>Allianz Partners will buy health group Nib Holdings&rsquo; travel insurance portfolio in Australia and New Zealand, in a deal valued at up to $50 million...</p>Fri, 05 Jun 2026 06:21:46 GMTEmergence buys Blue Zebra cyber bookhttps://www.insurancenews.com.au/daily/emergence-buys-blue-zebra-cyber-bookhttps://www.insurancenews.com.au/daily/emergence-buys-blue-zebra-cyber-book<p>Emergence Insurance has acquired the cyber cover portfolio of Envest-backed underwriting agency group Blue Zebra...</p>Fri, 05 Jun 2026 05:47:17 GMTState trials mitigation measures for bushfire-prone urban outskirtshttps://www.insurancenews.com.au/daily/state-trials-mitigation-measures-for-bushfire-prone-urban-outskirtshttps://www.insurancenews.com.au/daily/state-trials-mitigation-measures-for-bushfire-prone-urban-outskirts<p>Tasmania is piloting a bushfire mitigation project for homes on urban fringes, amid concern across Australia over rising risks to such properties...</p>Fri, 05 Jun 2026 05:47:07 GMTClear announces significant hirehttps://www.insurancenews.com.au/daily/clear-announces-significant-hirehttps://www.insurancenews.com.au/daily/clear-announces-significant-hire<p>Former Aon manager Vanessa Hilton has joined Brisbane-based Clear Insurance, bringing more than two decades&rsquo; industry experience to the growing company...</p>Fri, 05 Jun 2026 05:02:55 GMT‘Unacceptable’ trend: Victoria the outlier as car thefts soarhttps://www.insurancenews.com.au/daily/unacceptable-trend-victoria-the-outlier-as-car-thefts-soarhttps://www.insurancenews.com.au/daily/unacceptable-trend-victoria-the-outlier-as-car-thefts-soar<p>The number of motor theft claims in Victoria increased 25% to more than 12,500 last year, costing insurers $243 million, the industry peak body says...</p>Thu, 04 Jun 2026 06:27:33 GMTWebinar explores pathways to success in claims automationhttps://www.insurancenews.com.au/daily/webinar-explores-pathways-to-success-in-claims-automationhttps://www.insurancenews.com.au/daily/webinar-explores-pathways-to-success-in-claims-automation<p>Insurance News and Guidewire are inviting readers to attend an insightful webinar sharing real-world observations of success and challenges in automating claims handling...</p>Thu, 04 Jun 2026 06:11:08 GMTIndustry pitches alternative to ‘complex, uneven’ firefighting taxhttps://www.insurancenews.com.au/daily/industry-pitches-alternative-to-complex-uneven-firefighting-taxhttps://www.insurancenews.com.au/daily/industry-pitches-alternative-to-complex-uneven-firefighting-tax<p>New Zealand insurers have called for a &ldquo;simple, durable&rdquo; levy on fixed assets such as property to replace the premium duty for funding fire and emergency services...</p>Thu, 04 Jun 2026 06:10:45 GMTEx-secret agent’s security fears outweigh disclosure requesthttps://www.insurancenews.com.au/daily/ex-secret-agent-s-security-fears-outweigh-disclosure-requesthttps://www.insurancenews.com.au/daily/ex-secret-agent-s-security-fears-outweigh-disclosure-request<p>A former intelligence officer who received death threats has won a dispute with his insurer over his refusal to provide &ldquo;voluminous&rdquo; phone and financial information to support a burglary claim...</p>Thu, 04 Jun 2026 06:06:16 GMT