Insurtechs urged to build on partnership progress
13 May 2019
Australian insurtechs are making the case to insurers that they can be partners, a new report shows…
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Insurers ‘heeding wake-up call’ on digital change
13 May 2019
Nearly one-quarter of insurance leaders list “customer experience” as their top priority for the year, research by technology provider TAS shows…
QBE hopes dash-cams catch on
13 May 2019
QBE is urging more widespread use of dash-cams to make claims processing faster, fairer and more cost-effective…
AFCA sets out to meet communities
13 May 2019
The Australian Financial Complaints Authority is to hold a national roadshow, visiting more than 70 regional and remote communities to hear people’s issues…
IT expert creates nine-step cyber attack checklist
13 May 2019
Almost half of Australia’s SMEs are ill-prepared for escalating malicious data breaches, potentially exposing them to significant financial loss and reputational damage…
ICA rejects call to kill off 'useless' industry-run codes
06 May 2019
Consumer advocate Choice has today called for an end to self-administered industry codes in the financial services industry, saying it wants the Australian Securities and Investments Commission in charge…
ICA app shares property hazard data
06 May 2019
The Insurance Council of Australia will introduce a mobile app giving residents access to the latest hazard data for their homes…
Faster, cheaper: Lloyd’s reveals transformation blueprint
06 May 2019
Local brokers and underwriting agencies have been encouraged to participate in a survey that will be used to help guide Lloyd’s drive to “supercharge innovation”…
Wellington forum to address rising premium fears
06 May 2019
Earthquake Commission Minister Megan Woods and the Insurance Council of New Zealand will attend a forum called by Wellington’s Mayor to discuss policy affordability fears…
Brokers warned over ‘scattergun’ approach
06 May 2019
Brokers should stop trying to “cover all bases” with a “scattergun approach” and instead work more closely with preferred partners, an underwriting agency principal says…
Southern Response class action gains funding
06 May 2019
A New Zealand class action against Southern Response regarding Canterbury earthquake payments has gained litigation support from Claims Funding Australia…
ICA holds third Townsville forum
06 May 2019
The Insurance Council of Australia will host a third forum in Townsville tomorrow for policyholders affected by February’s devastating floods, which led to more than 27,000 claims totalling more than $1.13 billion…
Prescribed burns ‘not one size fits all’
06 May 2019
Prescribed burning to prevent bushfire losses must be tailored to fit its objective, because a broad approach does not work, a new academic study shows…
ICA board welcomes Plant and Myler
06 May 2019
The Insurance Council of Australia has appointed two new directors, as it responds to regulatory, political and climate challenges…
Marsh rep leaves NIBA board after JLT deal
06 May 2019
Marsh representative Mike Hutchinson has resigned from the National Insurance Brokers Association board following the company’s acquisition of JLT…
Construction, waste management facing tough time
29 April 2019
The construction industry and recycling and waste management operators face surging premiums and challenges obtaining cover, Honan warns in a quarterly market update…
Multi-peril crop market ‘failure’ as providers exit
29 April 2019
Australia’s long-struggling multi-peril crop insurance market has ground to a halt after an exodus of providers, according to a famers’ peak body…
AIG travel policy tops Choice ranking
29 April 2019
AIG’s Good2Go The Works policy has gained the highest score in a Choice survey of travel insurance…
Class actions drive further D&O rate gains
29 April 2019
Class actions are continuing to drive up directors’ and officers’ insurance premiums amid heightened scrutiny of listed companies, according to Aon…
Fraudster reimburses Chubb
29 April 2019
A Perth businessman who was jailed for seven years after attempting a major insurance scam has paid Chubb $500,000…