insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auBroker who gambled with clients’ premiums loses ban appeal https://www.insurancenews.com.au/the-broker/broker-who-gambled-with-clients-premiums-loses-ban-appealhttps://www.insurancenews.com.au/the-broker/broker-who-gambled-with-clients-premiums-loses-ban-appeal<p>An insurance broker banned for life from providing financial services after he gambled away $414,655 in clients&rsquo; premiums has lost his bid to cut the duration and scope of the penalty...</p>Thu, 02 May 2024 02:04:18 GMT‘Lessons learned’: departing claims chief predicts positive futurehttps://www.insurancenews.com.au/the-broker/lessons-learned-departing-claims-chief-predicts-positive-futurehttps://www.insurancenews.com.au/the-broker/lessons-learned-departing-claims-chief-predicts-positive-future<p>Outgoing Gallagher Head of Claims Adam Squire believes the industry has learned from recent record-breaking catastrophes and that new technology holds the key to improved claims handling...</p>Thu, 02 May 2024 02:04:04 GMTBrokers back Insurance News strata seminar https://www.insurancenews.com.au/the-broker/brokers-back-insurance-news-strata-seminarhttps://www.insurancenews.com.au/the-broker/brokers-back-insurance-news-strata-seminar<p>Insurance broking leaders will participate in an expert-led Insurance News strata seminar...</p>Thu, 02 May 2024 02:03:46 GMTDual rolls out Asia-Pacific title cover https://www.insurancenews.com.au/the-broker/dual-rolls-out-asia-pacific-title-coverhttps://www.insurancenews.com.au/the-broker/dual-rolls-out-asia-pacific-title-cover<p>Underwriting agency Dual Australia has launched a line of title insurance products...</p>Thu, 02 May 2024 02:03:36 GMTMansions, Dawes refine their pitch to big spendershttps://www.insurancenews.com.au/the-broker/mansions-dawes-refine-their-pitch-to-big-spendershttps://www.insurancenews.com.au/the-broker/mansions-dawes-refine-their-pitch-to-big-spenders<p>Steadfast underwriting agencies Mansions, focusing on high-value home and contents cover, and prestige and specialty cars specialist Dawes are making changes to expand in a growing market...</p>Thu, 02 May 2024 02:03:13 GMTMGA introduces new SA branch managers https://www.insurancenews.com.au/the-broker/mga-introduces-new-sa-branch-managershttps://www.insurancenews.com.au/the-broker/mga-introduces-new-sa-branch-managers<p>MGA has announced management changes at two of its operations in SA...</p>Thu, 02 May 2024 02:02:40 GMTNIBA Convention registrations openhttps://www.insurancenews.com.au/the-broker/niba-conference-registrations-openhttps://www.insurancenews.com.au/the-broker/niba-conference-registrations-open<p>The National Insurance Brokers Association has opened registrations for &ldquo;super early bird&rdquo; tickets to its annual conference...</p>Thu, 02 May 2024 02:01:59 GMTCanopy responds to cost-of-living pressures with revised rateshttps://www.insurancenews.com.au/the-broker/canopy-responds-to-cost-of-living-pressures-with-revised-rateshttps://www.insurancenews.com.au/the-broker/canopy-responds-to-cost-of-living-pressures-with-revised-rates<p>Underwriting agency Canopy Insurance says it has negotiated enhanced terms with insurers for its income protection offering...</p>Thu, 02 May 2024 02:01:47 GMTBellrock expands risk advisory offer amid ‘M&A uplift’ https://www.insurancenews.com.au/the-broker/bellrock-expands-risk-advisory-offer-amid-m-and-a-uplifthttps://www.insurancenews.com.au/the-broker/bellrock-expands-risk-advisory-offer-amid-m-and-a-uplift<p>Bellrock says its risk advisory and advocacy services have been widened to include mergers and acquisitions and contingent risks under the leadership of Sahalya Uthappa...</p>Thu, 02 May 2024 02:01:29 GMTACIL strata survey uncovers ‘bad actors’ https://www.insurancenews.com.au/the-broker/acil-strata-survey-uncovers-bad-actorshttps://www.insurancenews.com.au/the-broker/acil-strata-survey-uncovers-bad-actors<p>The Australian Consumers Insurance Lobby says responses to its survey on strata sector problems has identified &ldquo;bad actors&rdquo; including five brokers...</p>Thu, 18 Apr 2024 02:22:54 GMTStandard terms could throttle innovation, NIBA warnshttps://www.insurancenews.com.au/the-broker/standard-terms-could-throttle-innovation-niba-warnshttps://www.insurancenews.com.au/the-broker/standard-terms-could-throttle-innovation-niba-warns<p>Care should be taken that any move to standardise more natural hazard terms in addition to flood does not inadvertently stifle innovation, the National Insurance Brokers Association says...</p>Thu, 18 Apr 2024 02:22:32 GMTBroker floats co-contribution fix for flood cover scarcityhttps://www.insurancenews.com.au/the-broker/broker-floats-co-contribution-fix-for-flood-cover-scarcityhttps://www.insurancenews.com.au/the-broker/broker-floats-co-contribution-fix-for-flood-cover-scarcity<p>Increasing flood cover excesses and co-contribution arrangements are &ldquo;practical and feasible&rdquo; ways to address an insurance availability crisis in northern NSW, Good Cover Principal Broker Matt Williamson says...</p>Thu, 18 Apr 2024 02:22:17 GMTCFC branches out with Solution Underwriting dealhttps://www.insurancenews.com.au/the-broker/cfc-branches-out-with-solution-underwriting-dealhttps://www.insurancenews.com.au/the-broker/cfc-branches-out-with-solution-underwriting-deal<p>Cyber specialist CFC is expanding its reach in Australia with the acquisition of Melbourne-based Solution Underwriting...</p>Thu, 18 Apr 2024 02:21:57 GMTHowden offers cybersafety tips for ‘information-rich’ legal industry https://www.insurancenews.com.au/the-broker/howden-offers-cybersafety-tips-for-information-rich-legal-industryhttps://www.insurancenews.com.au/the-broker/howden-offers-cybersafety-tips-for-information-rich-legal-industry<p>Broker Howden has released a cyber risk guide for the legal industry, to help it guard against &ldquo;a novel category of villains&rdquo;...</p>Thu, 18 Apr 2024 02:21:09 GMTAIG names new financial lines chief https://www.insurancenews.com.au/the-broker/aig-names-new-financial-lines-chiefhttps://www.insurancenews.com.au/the-broker/aig-names-new-financial-lines-chief<p>AIG has appointed Ryan Thomas as Head of Financial Lines Asia-Pacific...</p>Thu, 18 Apr 2024 02:20:41 GMTHutch introduces PI with cyber https://www.insurancenews.com.au/the-broker/hutch-introduces-pi-with-cyberhttps://www.insurancenews.com.au/the-broker/hutch-introduces-pi-with-cyber<p>Hutch Underwriting has launched a product that combines professional indemnity, public liability and a cybercrime extension...</p>Thu, 18 Apr 2024 02:19:50 GMTBroking chiefs prepare for charity sleepout https://www.insurancenews.com.au/the-broker/broking-chiefs-prepare-for-charity-sleepouthttps://www.insurancenews.com.au/the-broker/broking-chiefs-prepare-for-charity-sleepout<p>Insurance broking bosses are participating in the 19th annual Vinnies CEO Sleepout fundraiser, held on one of the coldest nights to support Australians vulnerable to homelessness...</p>Thu, 18 Apr 2024 01:24:13 GMTNear-miss for commissions as NIBA works to address bill errorhttps://www.insurancenews.com.au/the-broker/near-miss-for-commissions-as-niba-works-to-address-bill-errorhttps://www.insurancenews.com.au/the-broker/near-miss-for-commissions-as-niba-works-to-address-bill-error<p>The National Insurance Brokers Association is working with Treasury to rectify wording errors in a bill that would have inadvertently banned commissions for general advice...</p>Thu, 11 Apr 2024 02:20:33 GMTNSW takes next step towards emergency services levy reformhttps://www.insurancenews.com.au/the-broker/nsw-takes-next-step-towards-emergency-services-levy-reformhttps://www.insurancenews.com.au/the-broker/nsw-takes-next-step-towards-emergency-services-levy-reform<p>The NSW Government has stressed the importance of ending the emergency services levy on insurance as it seeks feedback on options for replacement arrangements...</p>Thu, 11 Apr 2024 02:20:07 GMTEducation, specialisation flagged as broking industry challengeshttps://www.insurancenews.com.au/the-broker/education-specialisation-flagged-as-broking-industry-challengeshttps://www.insurancenews.com.au/the-broker/education-specialisation-flagged-as-broking-industry-challenges<p>Outgoing National Insurance Brokers Association CEO Phil Kewin says education is a continuing challenge for the industry...</p>Thu, 11 Apr 2024 02:19:53 GMT