Daily
Emergence recruits corporate cyber head from Chubb
22 June 2021
Emergence Insurance has appointed former Chubb practice leader Trent Nihill to the newly created role of Head of Corporate Cyber as it expands its operations...
BI resolution needed as SMEs suffer: AFCA
18 June 2021
Australian Financial Complaints Authority CEO and Chief Ombudsman David Locke says it's vital to gain resolution on business interruption disputes as soon as possible as continuing lockdowns affect businesses and some face the risk of failing...
Cyber cover tougher, construction challenging: report
18 June 2021
Insurers have become significantly more cautious about cyber cover, local underwriters’ construction market appetite is still shrinking and policy wordings generally are being tightened, Gallagher Australia says in a first-half report...
Suncorp hunts for new executive as policy head departs
18 June 2021
Suncorp is advertising for a new manager of government affairs as Joshua Cooney departs the role...
COVID-thwarted traveller loses dispute over insolvent airline voucher
18 June 2021
A man whose international flight was cancelled due to the COVID pandemic and his airline becoming insolvent has lost a claim dispute with his insurer and been advised to try again in 2023 if a credit voucher offered by the carrier expires...
Tributes paid to former NIBA president and Aon stalwart
17 June 2021
Former president of the National Insurance Brokers Association Robert Harrison has died aged 81...
Axis Underwriting chief steps down after 22 years at helm
17 June 2021
Axis Underwriting says its long-serving MD and CEO Gary Dawson will step down on July 1 after running the business for the last 22 years, and will be succeeded by GM Ivan Verescuk...
US Justice Dept moves to block Aon-WTW merger
17 June 2021
The US Department of Justice has taken legal action to block Aon’s proposed $US30 billion acquisition of Willis Towers Watson, arguing proposed divestments fail to resolve concerns that customers will be adversely affected...
RACQ-backed insurtech promises 'sweeter deals' for Australians
17 June 2021
Insurtech Honey Insurance has launched today targeting the home and contents market, having secured $15.5 million in seed funding from its underwriting partner RACQ and other institutional investors...
ICA launches business interruption advertising campaign in newspapers
16 June 2021
The Insurance Council of Australia is this week running advertisements in major daily newspapers encouraging policyholders to contact their insurer or broker about business interruption claims related to the COVID-19 pandemic...
Queensland Budget 'missed opportunity' for mitigation, tax reform
16 June 2021
The Insurance Council of Australia has labelled the Queensland Government’s 2021/22 Budget a “missed opportunity” to invest in mitigation works and cut insurance taxes...
NIBA's Queensland broker award finalists named
16 June 2021
The National Insurance Brokers Association has revealed this year’s Queensland finalists for both its Broker and Young Professional Broker awards...
Hard times: podcast discusses broking under current conditions
16 June 2021
Part two of a special three-episode series of podcasts discussing findings from Vero's SME Insurance Index has been released – focusing on the hard market and the importance of explaining the current environment to clients...
Claim numbers rising for Victoria storms catastrophe
15 June 2021
Claims totals are rising from severe weather that hit Victoria last week, with the Insurance Council of Australia on the weekend declaring the event a catastrophe...
Insurance Advisernet client loses compensation bid for water damage loss
15 June 2021
An Insurance Advisernet client seeking to have the broker pay for the remainder of his claimed costs for damage to his property from a water leak has lost his case before the Australian Financial Complaints Authority...
Suncorp's McLoughlin awarded Queen's Birthday honour
15 June 2021
Suncorp Chairman Christine McLoughlin has been recognised in the Queen’s Birthday Honours for significant service to business, the not-for-profit sector and to women...
Dozens of NSW strata communities register for cladding removal
15 June 2021
About 50 strata communities across NSW have registered for the state government’s program to remove combustible cladding from residential apartment buildings...
Brokerage flooded as Victoria counts cost of wild weather
11 June 2021
Thousands of claims have been lodged with insurers as high winds and torrential rain hit parts of Victoria this week...
ASIC permanently bans former Reliance director
11 June 2021
The Australian Securities and Investments Commission has permanently banned former Australian Reliance and Reliance Franchise Partners director Kimberley Hanson following concerns over the misuse of millions of dollars withdrawn from trust fund accounts more than six years ago...
COVID lockdowns 'cut truck crash frequency'
11 June 2021
Heavy vehicle crash frequency fell last year from 2019, with the decline probably due to pandemic lockdown measures, an annual study from transport and logistics specialist insurer NTI says...