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Vero, Chubb voted NIBA insurers of the year

14 October 2019

Vero and Chubb have been voted the National Insurance Brokers Association general insurers of the year, while Insurance House director Gary Gribbin has received the association’s lifetime achievement award...

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Two dead, 45 houses lost in northern NSW bushfires

14 October 2019

Northern NSW bushfires destroyed at least 45 homes and about twice as many rural outbuildings last week as hot weather and dry conditions fuelled the flames...

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Fewer than normal cyclones expected this season

14 October 2019

The Bureau of Meteorology says there is a 65% chance of fewer than normal cyclones across northern Australia this year...

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Broker report reveals deficiencies in dispute handling

14 October 2019

The independent Insurance Brokers Code Compliance Committee has described as “disappointing” its findings into the internal complaint handling process of subscribing members...

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‘Tectonic shift’ reshaping insurance: Capgemini

14 October 2019

Insurers must embrace new business models to stay relevant as the industry undergoes a “tectonic shift” triggered by rising consumer expectations and shifting dynamics, Capgemini says in a new report...

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Chubb report uncovers cyber complacency

14 October 2019

Almost half of Australian SMEs don't understand their regulatory obligations under data breach rules and many more are ignorant of cyber threats, research by Chubb has found...

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Wrong Choice: pet insurance attack ‘doesn’t match the facts’

14 October 2019

Pet insurers pay more than 85% of the 500,000 pet insurance claims made each year, illustrating customers do receive value from their policies...

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Pressure growing on governments for cladding action

14 October 2019

Pressure is growing on state governments to help fund building defect rectification as problems such as the Mascot Towers evacuation in Sydney add urgency to the issue, a Sedgwick executive says...

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Suncorp warns NSW, Queensland to prepare for storm season

14 October 2019

Suncorp is urging residents of NSW and Queensland to trim overhanging trees, clean gutters and check their roofs in preparation for storms...

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Most insurers ‘optimistic about investment outlook’

14 October 2019

About 66% of insurers in Australia and the broader Asia-Pacific region are positive in their current investment outlook, a survey by global asset management firm BlackRock has found...

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Canberra ‘scaling back’ support for medical indemnity schemes

14 October 2019

Planned changes to medical indemnity legislation could eventually lead to a “gradual reduction” in support from the Federal Government, according to law firm Colin Biggers & Paisley...

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ICNZ blasts Wellington EQC taskforce’s plan

14 October 2019

The Insurance Council of New Zealand says a proposal to more than double the Earthquake Commission cap to deal with quake-prone Wellington’s problems could lead to “perverse outcomes” and would be inequitable...

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NZ drone technology put to the test at remote volcano

14 October 2019

Drone technology developed at the Victoria University of Wellington has helped analyse volcanic gases from PNG’s remote Bagana volcano, one of the most active in the world...

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