17 June 2019
Last week diversified insurance provider Insurance House was forced to shut down its online systems for a lengthy period while it dealt with a highly sophisticated malware attack. While no client data was compromised, the company says the episode is a reminder how challenging the cyber threat can be...
11 June 2019
What makes a successful insurance company chief executive? According to the media pundits and market analysts, extensive insurance experience is at the top of the list…
03 June 2019
The Australian Competition and Consumer Commission’s sprawling inquiry into soaring premiums in the country’s north is yet to really get to grips with the problem, even as it moves towards the business end of its three-year probe…
27 May 2019
Swiss Re’s annual analysis of emerging risks with the potential to have major impacts on insurers includes some of the usual suspects – climate change and the state of the global economy among them…
20 May 2019
Capacity constraints continue to bedevil a number of business classes as insurers try to improve their bottom lines and back out of difficult markets…
13 May 2019
We see plenty of good news stories showing how insurance companies help get individual homeowners or businesses back on their feet following a natural catastrophe…
06 May 2019
Lloyd’s has faced some home truths and presented a vision for change in its bid for a more prosperous future, after a few years it might rather forget…
29 April 2019
Artificial intelligence and robotics are changing the world, and the insurance industry had better change with it…
15 April 2019
Losses aside, last December’s near $1.2 billion hailstorm in Sydney has a far more chilling message for Australian insurers: better get used to it…
08 April 2019
Brokers have received some tough feedback in the latest Vero SME Insurance Index, with declining trust levels and small businesses increasingly buying cover from the direct market…
01 April 2019
The Australian Securities and Investments Commission report on consumer confusion around general and personal advice is another step towards solving a problem that continues to cause angst…
25 March 2019
Global warming is changing our weather in so many ways – but one of the most concerning is its impact on cyclones…
18 March 2019
Brokers are set to adopt technological innovation at a faster pace than has so far been experienced so far as the relatively buoyant insurance market provides them with a stronger foundation for investment…
11 March 2019
There’s little dispute that standard cover arrangements aren’t much help to consumers trying to choose between policies, but responses to a Treasury discussion paper show that finding a better way forward will not be simple…
04 March 2019
General insurance was an early adopter of the code-of-practice concept, which basically allowed the industry to set standards and self-regulate…
25 February 2019
The ramifications of the Hayne royal commission are still becoming clear three weeks after the release of its final report…
18 February 2019
A cold realisation is seeping out of north Queensland as Townsville begins its recovery from its unprecedented floods – most inundated businesses did not insure for flood and could be facing ruin as a result…
11 February 2019
The dust is still settling after the Hayne royal commission’s final report swept over the financial services industry, but now that everyone has had a chance to stand back and consider the results, the consensus is that few of the findings were unexpected…
04 February 2019
Commercial premiums climbed at a greater pace than expected last year and are set for further gains, according to a relatively positive JP Morgan Taylor Fry General Insurance Barometer…
10 December 2018
For the general insurance industry, 2018 has been a year of recovering revenues for insurers and growing uncertainties for brokers. While insurers in Australia have led the world in raising premiums after a long period in the doldrums, brokers are moving into 2019 with the twin threats of competition and hostile regulatory action hanging over them…