Tropical Cyclones – What the 2015-2016 Tropical Cyclone Outlook Means
Tropical cyclones are the largest damage producing weather system across tropical Australia. Hence it is very important that all businesses and private property and activities […]
Read MoreSES warns residents to prepare homes ahead of storm season after insurance claims rose 30 per cent
THE devastating April storms saw more than 50,000 claims lodged with NRMA Insurance — more than would typically be seen in a whole year — […]
Read MoreCould Google Be Auto-Piloting Itself Into The Insurance Business?
While some might find the recent announcement that Google (along with Volvo and Mercedes-Benz ) will accept responsibility for any accidents resulting from a flaw […]
Read MoreAs Cybercrime Proliferates, So Does Demand For Insurance Against It
Cybercrime is costing the global economy nearly half a trillion dollars a year, according to the insurer Allianz. It’s a major threat to businesses, which […]
Read MoreVolvo CEO: We will accept all liability when our cars are in autonomous mode
But the head of Volvo warns that without broad federal guidelines, the U.S. is at risk of losing its leadership position in the development of […]
Read MoreProduct recall uncertainty for VW
It is shaping up to be one of the most expensive product recalls in history but insurance experts say Volkswagen is unlikely to be covered. […]
Read MoreGlobal player ACE announced as new underwriter
ACE Group has announced that they will become the underwriter of a major Australian product line. The international giant has revealed that it will back […]
Read MoreInnovation in Australia’s insurance industry
Insurance has never been the most exciting industry when it comes to technology or innovation. Even if insurers exist to underwrite risk, they are risk […]
Read MoreAutonomous cars shift insurance liability toward manufacturers
Hacker attacks or faulty software could shift the burden of legal and regulatory liability toward makers of self-driving cars and away from customers, experts say, […]
Read MoreAIG, Chubb and Allianz readying for flood of cyber insurance requests
Insurance companies are readying for an influx of demand from businesses for cyber indemnity products when mandatory data-breach reporting laws are come into effect at year’s end. […]
Read MoreMulti-peril crop insurance: Can insurance against drought help farmers prepare for climate change?
A small but increasing number of Australian farmers are insuring their crops against drought, and with concern growing about a predicted El Nino and the […]
Read MoreLitigation, PR disasters and higher insurance costs expected from new data breach laws
A leading US data protection lawyer has warned Australian businesses that they need to have clear action plans in place to avoid expensive embarrassment, following […]
Read MoreDriverless technology set to reduce bad driving and high car insurance premiums
Australians are leading the global crusade against bad driving with the help of Roadshamer.com, a website that allows users to upload video and photos of illegal […]
Read MoreDrones: four ways insurance might benefit
Drones have changed the way we see the world. And with their increased accessibility and affordability, they are capable of changing the way in which […]
Read MoreGood Staff
How Do You Keep Them? The common misconception is that all you have to do is pay well. Many studies have found that this […]
Read MorePermanent ban for insurance advisor
ASIC has permanently banned a former authorised representative of ACE from the financial services industry as part of an on-going investigation. Abhinav Gupta was an […]
Read MoreTougher Transport Laws
Penalties to Hit Harder Recent changes to transport laws now hold more individuals and companies in the transport chain accountable for breaches. The Heavy […]
Read MoreLeading insurer to refund over $2 million
CGU and Accident and Health International (AHI), a wholly owned entity of CGU, have agreed to refund customers more than $2 million in payday loan […]
Read MoreLargest ever insurance acquisition announced
ACE Ltd. announced it would pay US$28.3 billion in cash and stock to acquire its rival, Chubb Corp., in the largest-ever acquisition between two companies […]
Read MorePollution Liability Insurance
A Must-Have For Many Businesses Many business owners are unaware their standard business package insurance will not cover pollution remediation. It’s likely that contractors and […]
Read MoreCyber insurance could be limiting security
Over reliance on cyber insurance could lead to security breaches thanks to a distorted focus, a leading cyber expert has said. Principal security analyst at […]
Read MoreUnderinsurance
Weather Events Demand a Closer Look Following on from the previous article in the last edition of Brokerwise, we continue to focus on the impact […]
Read MoreClosing your business?
Don’t Cancel Your Cover The business has closed, it’s no longer trading, no more parts or products being manufactured or imported. No more installations […]
Read MoreWorkers Comp in QLD
Changes on the Way With the recent election of the Labor government in Queensland, the repeal of the impairment threshold for access to common […]
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