Blue Zebra, Point join forces to launch new personal accident brand
16 October 2020
Fast-growing insurtech underwriting agency Blue Zebra has partnered with Point Insurance to launch a new personal accident and sickness insurance brand...
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Insurer loses COVID dispute over cancelled UK trip
16 October 2020
An insurer has lost a dispute over a travel claim it denied because the policyholders cancelled their trip three weeks before an Australian government travel ban on March 25...
Allianz aims to acquire Westpac GI business: report
15 October 2020
Allianz is in “advanced discussions” to buy Westpac’s general insurance business in a deal estimated at $500 million, a media report claims today...
Court rules against insurtech subsidiary in COVID-19 lease dispute
15 October 2020
The NSW Supreme Court has found against Cover Genius Services in a dispute over office leasing and unpaid rent amid financial impacts from the COVID-19 pandemic...
Suncorp NZ appoints Jimmy Higgins CEO
15 October 2020
Suncorp New Zealand has appointed Jimmy Higgins CEO effective today after he took over the role on an interim basis in July amid leadership changes within the wider group...
Insurer wins claim dispute after lip filler goes wrong
15 October 2020
Suncorp has won a claim dispute with a cosmetic clinic whose client undertook legal proceedings after injectable fillers triggered an adverse reaction...
APRA urges mitigation to tackle insurance affordability threat
14 October 2020
The case for mitigation action is gathering strength as more intense and frequent natural disasters raise insurance affordability and availability risks, Australian Prudential Regulation Authority Executive Board Member Geoff Summerhayes said in a speech today...
BOM issues warning as La Nina grows in strength
14 October 2020
The La Nina weather system already under way in the tropical Pacific will be stronger than previously thought, raising fears of significant flooding in Australia, the Bureau of Meteorology says...
IAG appoints customer tech leader as digital accelerates
14 October 2020
IAG has appointed former Qantas Loyalty CIO Alastair Robertson as EGM Customer Technology, as it continues to simplify core platforms...
Claimant who rented out car without telling insurer wins dispute
14 October 2020
A Melbourne Mazda driver who told Allianz his car was for private use but later offered it for $30 a day through a car rental company has won a claim dispute after the vehicle was stolen from the car hire premises...
Broker value 'goes way beyond client': key report
13 October 2020
The immense value of insurance broking to clients, insurers, the economy and society has been demonstrated by a new report prepared by Deloitte Access Economics for the National Insurance Brokers Association...
Surveyors group issues warning about new PI products
13 October 2020
The Australian Institute of Building Surveyors has voiced concerns at a number of new professional indemnity insurance products in the market, warning its members to fully investigate terms and conditions...
IAG warned of industrial action over pay dispute
13 October 2020
The Finance Sector Union says IAG staff are set to take industrial action over an in-principle pay and conditions agreement that has been wound back following the COVID-19 outbreak...
Lloyd's leads push for simpler products post-COVID
13 October 2020
Lloyd’s has called on the industry to work on building “simpler insurance products” in response to the challenges thrown up by the pandemic - or run the risk of becoming irrelevant...
Caravan park premiums skyrocket after bushfires
09 October 2020
Caravan park owners are struggling to find willing insurers after last summer’s devastating bushfires and say underwriters are either declining to offer cover, or pricing policies beyond their reach...
Strata group seeks govt action on Qld problems
09 October 2020
The Strata Community Association in Queensland has called for governments to step in to ensure affordable insurance cover is available for multi-unit buildings as market conditions in the state’s north continue to deteriorate...
Funeral insurer 'misled' 20-year-old Indigenous woman
09 October 2020
A complainant who alleged she was misled over the purchase of a funeral insurance plan from Aboriginal Community Benefit Fund has won her bid to have her premiums refunded...
US fires to result in sixth multi-billion-dollar payout: Aon
09 October 2020
This year will mark a record run of six straight years of multi-billion-dollar payouts for global insurers due to wildfires, Aon says...
CHU's Lehane to step down in March
08 October 2020
Steadfast-owned strata insurer CHU announced today Kimberley Jonsson will succeed CEO Bobby Lehane when he leaves the business in March next year, after more than five years at the helm...
Lloyd’s predicts $US15 billion new business in 2021
08 October 2020
Lloyd’s will sign off plans that will allow the market to write about $US15 billion ($20.97 billion) of new business in 2021, CEO John Neal says...