insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auIAG makes RAC ‘remedy offer’ to sweeten deal for regulatorhttps://www.insurancenews.com.au/daily/iag-makes-rac-remedy-offer-in-bid-to-sweeten-deal-for-regulatorhttps://www.insurancenews.com.au/daily/iag-makes-rac-remedy-offer-in-bid-to-sweeten-deal-for-regulator<p>IAG has tabled a series of &ldquo;remedy&rdquo; actions it would take to ease the competition watchdog&rsquo;s concerns over its planned $1.35 billion purchase of WA&rsquo;s RAC Insurance...</p>Fri, 10 Jul 2026 06:00:40 GMTAIG appoints interim CEOhttps://www.insurancenews.com.au/daily/aig-appoints-interim-ceohttps://www.insurancenews.com.au/daily/aig-appoints-interim-ceo<p>AIG Australia has named Claudio Saita interim CEO as it continues the hunt for a permanent replacement for former local chief Kat Warden...</p>Fri, 10 Jul 2026 06:00:32 GMTNIBA names award-winning WA brokershttps://www.insurancenews.com.au/daily/niba-names-award-winning-wa-brokershttps://www.insurancenews.com.au/daily/niba-names-award-winning-wa-brokers<p>KBI director Brooke Tarr has been named WA broker of the year and Howden&rsquo;s Isabella Moran has won the state award for best young broker...</p>Fri, 10 Jul 2026 06:00:26 GMTSecond time unlucky for customer who crashed hire carhttps://www.insurancenews.com.au/daily/second-time-unlucky-for-customer-who-crashed-hire-vehiclehttps://www.insurancenews.com.au/daily/second-time-unlucky-for-customer-who-crashed-hire-vehicle<p>An insurer that arranged a hire car after accepting a policyholder&rsquo;s collision claim does not have to pay for damage to the rented vehicle in a second accident, the industry ombudsman has ruled...</p>Fri, 10 Jul 2026 06:00:15 GMTHollard acts on customer data concerns after cyber breachhttps://www.insurancenews.com.au/daily/hollard-acts-on-customer-data-concerns-after-cyber-breachhttps://www.insurancenews.com.au/daily/hollard-acts-on-customer-data-concerns-after-cyber-breach<p>A cyber incident at Hollard has affected some of the insurer&rsquo;s customers, whose personal information may have been compromised...</p>Thu, 09 Jul 2026 06:32:03 GMTRegulator launches criminal action against Netstratahttps://www.insurancenews.com.au/daily/regulator-launches-criminal-action-against-netstratahttps://www.insurancenews.com.au/daily/regulator-launches-criminal-action-against-netstrata<p>NSW Fair Trading has begun criminal proceedings against Netstrata, claiming the strata manager breached its statutory obligations, did not adequately disclose or appropriately manage conflicts of interest and received undisclosed financial benefits...</p>Thu, 09 Jul 2026 06:29:00 GMT‘Significant weakness’: broker code committee slams NIBA U-turnhttps://www.insurancenews.com.au/daily/significant-weakness-broker-code-committee-slams-niba-u-turnhttps://www.insurancenews.com.au/daily/significant-weakness-broker-code-committee-slams-niba-u-turn<p>The National Insurance Brokers Association has faced further criticism for retreating from a previously accepted recommendation to enhance remuneration disclosure for small businesses in its updated code of practice...</p>Thu, 09 Jul 2026 06:28:37 GMTArrow hits target with Fusion acquisitionhttps://www.insurancenews.com.au/daily/arrow-hits-target-with-fusion-acquisitionhttps://www.insurancenews.com.au/daily/arrow-hits-target-with-fusion-acquisition<p>Fusion Specialty Group, founded in Australia in 2018, has been acquired by European investment manager Arrow Global Group...</p>Thu, 09 Jul 2026 06:25:08 GMTDisappointment as NIBA changes tack on remuneration disclosurehttps://www.insurancenews.com.au/the-broker/disappointment-as-niba-changes-tack-on-remuneration-disclosurehttps://www.insurancenews.com.au/the-broker/disappointment-as-niba-changes-tack-on-remuneration-disclosure<p>The Insurance Brokers Code of Practice independent reviewer says he is disappointed the profession&rsquo;s peak body has &ldquo;walked back&rdquo; a previously agreed recommendation to extend remuneration disclosure for small businesses...</p>Thu, 09 Jul 2026 01:57:11 GMTSteadfast bidders secure due diligence extensionhttps://www.insurancenews.com.au/the-broker/steadfast-bidders-secure-due-diligence-extensionhttps://www.insurancenews.com.au/the-broker/steadfast-bidders-secure-due-diligence-extension<p>Steadfast has extended an exclusivity period for the Amwins-Dragoneer consortium to undertake due diligence on their takeover bid...</p>Thu, 09 Jul 2026 01:57:04 GMTHollard pulls commercial motor from broker channelhttps://www.insurancenews.com.au/the-broker/hollard-pulls-commercial-motor-from-broker-channelhttps://www.insurancenews.com.au/the-broker/hollard-pulls-commercial-motor-from-broker-channel<p>Hollard has confirmed its commercial motor product will be withdrawn from the broking distribution channel...</p>Thu, 09 Jul 2026 01:38:25 GMT‘Intense competition’ drives weaker markethttps://www.insurancenews.com.au/the-broker/intense-competition-drives-weaker-markethttps://www.insurancenews.com.au/the-broker/intense-competition-drives-weaker-market<p>The market has moved &ldquo;deeper into the soft phase&rdquo;, driven by abundant insurer capital, investment income, growth budgets, delegated authority expansion and aggressive competition for premium, Bellrock Advisory says...</p>Thu, 09 Jul 2026 01:37:56 GMT‘Extreme stress’ no excuse for failure to check policyhttps://www.insurancenews.com.au/the-broker/extreme-stress-no-excuse-for-failure-to-check-policyhttps://www.insurancenews.com.au/the-broker/extreme-stress-no-excuse-for-failure-to-check-policy<p>A food delivery business has lost a dispute with its broker after a break-in at a property not listed on its insurance schedule...</p>Thu, 09 Jul 2026 01:36:54 GMTGow-Gates buys into strata specialistshttps://www.insurancenews.com.au/the-broker/gow-gates-buys-into-strata-specialistshttps://www.insurancenews.com.au/the-broker/gow-gates-buys-into-strata-specialists<p>Gow-Gates has become a majority shareholder in Strata Fair and Modern Insurance Brokers, expanding its range of offerings...</p>Thu, 09 Jul 2026 01:36:25 GMTMLX eyes ‘new chapter’ under own licencehttps://www.insurancenews.com.au/the-broker/mlx-eyes-new-chapter-under-own-licencehttps://www.insurancenews.com.au/the-broker/mlx-eyes-new-chapter-under-own-licence<p>Wholesale underwriter MLX Risk Partners has secured a financial services licence...</p>Thu, 09 Jul 2026 01:34:51 GMTFormer WTW exec to lead Zesthttps://www.insurancenews.com.au/the-broker/former-wtw-exec-to-lead-zesthttps://www.insurancenews.com.au/the-broker/former-wtw-exec-to-lead-zest<p>Natasha Golden has been appointed head of Zest Insurance, the direct digital platform for business cover launched by Willis a year ago...</p>Thu, 09 Jul 2026 01:34:20 GMTAviso names trade credit chiefhttps://www.insurancenews.com.au/the-broker/aviso-names-trade-credit-chiefhttps://www.insurancenews.com.au/the-broker/aviso-names-trade-credit-chief<p>Kerin Rathgeber has been appointed head of trade credit at Aviso Specialty...</p>Thu, 09 Jul 2026 01:32:19 GMTDelta appoints PI expert to lead claimshttps://www.insurancenews.com.au/the-broker/delta-appoints-pi-expert-to-lead-claimshttps://www.insurancenews.com.au/the-broker/delta-appoints-pi-expert-to-lead-claims<p>Matthew Davis has been made Australian claims lead at Delta Insurance...</p>Thu, 09 Jul 2026 01:32:05 GMTAon pair take NSW broker awardshttps://www.insurancenews.com.au/daily/aon-pair-take-nsw-broker-awardshttps://www.insurancenews.com.au/daily/aon-pair-take-nsw-broker-awards<p>Two Aon professionals have been crowned broker and young broker of the year for NSW and ACT...</p>Wed, 08 Jul 2026 06:21:21 GMTQBE questionnaire informs business risk reportshttps://www.insurancenews.com.au/daily/qbe-questionnaire-informs-business-risk-reportshttps://www.insurancenews.com.au/daily/qbe-questionnaire-informs-business-risk-reports<p>QBE has created a self-assessment tool that gives businesses risk management guidance...</p>Wed, 08 Jul 2026 06:20:34 GMT