Storm surges leave homeowners suffering
Torrential rain during June left waterfront properties in Sydney’s northern beaches teetering on a cliff edge after the force of the sea washed away the […]
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Why Aren’t Builders Covered Under Professional Indemnity Insurance?
I know we all shy away from change in the residential building industry, but what if such a change can greatly benefit both builders and […]
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Youi customers share their worst horror stories
Horror stories about alleged Youi scams and frauds have flooded in after Fairfax revealed allegations of wide scale illegal conduct at the major insurer. Since the […]
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Aon says hacks, attacks and outages cause surge in cyber insurance policies
Insurance giant Aon says it has brokered more cyber insurance policies to Australian organisations already in 2016 than it did in the whole of 2015, […]
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Priority breach response intrinsic to BHSI’s Australian cyber-insurance debut
Policyholders given broad cover, rapid access to Symantec security specialists. The decision to forge a strategic partnership with Symantec is helping Berkshire Hathaway Specialty Insurance […]
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ASIC permanently bans former insurance company director
The Australian Securities and Investments Commission (ASIC) has permanently banned a former NSW director of an insurance broking company, Timothy Charles Pratten, from providing financial […]
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Australian farmers left high and dry after report rejects drought insurance
An Australian government commissioned report on Tuesday rejected drought insurance for farmers as uneconomical, dashing landowner hopes of a change in government policy which could […]
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Allianz sees cyber premiums as fire insurance of 21st century
The growing threat of hacking and a duty to protect data more stringently will accelerate demand for cyber insurance in Europe, insurer Allianz said on […]
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Insurance forum for flood and storm issues
Floods in June hit a number of areas of the Coast. The Insurance Council of Australia will next week hold two insurance forums for […]
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NDIS begins to rollout across Australia
The long-awaited National Disability Insurance Scheme starts rolling out across Australia from Friday for the next three years. National Disability Insurance Agency chairman Bruce Bonyhady […]
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Cyber insurance is changing the way we look at risk
If, or more accurately, when your company is hit by a cyber attack, do you have what you need to recover? Do you know what […]
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The storms took out Amazon customers like Foxtel & Domino’s, highlighting a key risk with the cloud
Australian businesses have been warned they need to spread the risk in their cloud computing operations across different regions after the Sydney storms on Sunday […]
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Credit insurance could play a more important role
Credit insurance could play a more important role for businesses throughout the region as risks continue to rise, a new study has found. In a […]
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Survey indicates higher level of female leaders in insurance unlikely in near future
There is unlikely to be a surge of women in leadership roles in the insurance industry anytime soon, according to an Australian spokeswoman for Ernst […]
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State crackdown on insurance fraud gets community support
Community tip-offs are helping the insurance industry and state government of New South Wales in their fight against insurance fraud linked to the […]
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Insurance outlook: in an era of increasing competition technology will make the difference
It’s reporting season, and over the past few weeks some of Australia’s biggest companies have been releasing information on how they’re travelling. These reports reflect […]
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Family legal tussle delays Bob Jane insurance float
The never-ending legal battles of former tyre king Bob Jane with his estranged son have delayed the planned float of the prominent businessman’s new insurance […]
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Cyclone Yasi: Action urged to address skyrocketing insurance premiums in wake of disaster
Five years ago thousands of north Queenslanders bunkered down for what would be one of the biggest cyclones to ever hit the coast. Cyclone Yasi, […]
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Insurers Getting Smarter About Assessing Cyber Insurance Policy Risks
2016 shaping up to be a year of greater maturity in how insurance companies underwrite their cyber insurance policies. Cybersecurity experts expect 2016 to be […]
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NSW Insurance Tax Scrapped
The decision of the NSW Government to abolish its emergency services levy (ESL) on insurance policies is a major win for brokers following years of […]
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Overhaul on the cards for insurance disclosure statements
Insurance product disclosure statements are too complex and failing consumers, sparking the necessity for companies to overhaul the way they communicate with customers, the Insurance […]
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Crop insurance the talk of Victoria, but is it the best way to manage risk?
Insurance against Mother Nature: the idea has been dangled in front of Australian farmers for years, without much response. But, after a second horror season […]
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Need for cyber-insurance heats up, but the market remains immature
CIOs are scrambling to purchase cyber-insurance, but the need may be outpacing a market that continues to evolve in the face of significant cyberattacks. Spurred […]
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Get rid of stamp duty on car, home insurance, increase land tax, save $575m
The national economy would be boosted by more than half a billion dollars annually – over five years – if state and territory governments replaced […]
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