insuranceNEWS.com.au - All news

Swedish investor recommits to AUB buyout bid

Fri, 07 Nov 2025 05:21:06 GMT

AUB says private equity firm EQT has reaffirmed its interest in buying the intermediary group, meeting a condition in their confidentiality agreement to maintain exclusive access...

Consumers crushed under $3.5 billion compliance burden: ICA

Fri, 07 Nov 2025 05:20:46 GMT

Regulatory compliance costs as much as $3.5 billion a year as overlaps and complexity undermine intended benefits for consumers, the Insurance Council of Australia says...

Court stops company wind-up so insurer can sue suppliers

Fri, 07 Nov 2025 05:20:20 GMT

The Victorian Supreme Court has prevented a company from being deregistered so QBE can continue legal proceedings as the business’ insurer...

Scofield to leave Allianz after 22 years

Fri, 07 Nov 2025 05:17:15 GMT

Allianz Australia’s chief corporate affairs officer Nicholas Scofield will leave the insurer at the end of this month after more than two decades...

Action on complaint numbers remains ‘insufficient’

Thu, 06 Nov 2025 05:13:04 GMT

Claim handling delays were a factor in almost one-quarter of the 8827 general insurance disputes lodged with the Australian Financial Complaints Authority in the three months to September 30...

‘It’s a big issue’: consumers confused over motor claim deductions

Thu, 06 Nov 2025 05:12:53 GMT

Imagine the scenario: you pay your car insurance monthly, but your vehicle is written off towards the beginning of your annual policy...

Car crash victim’s no-fault argument is for the birds

Thu, 06 Nov 2025 05:12:37 GMT

A driver who swerved and hit parked vehicles after a bird flew into her windscreen has lost her bid for damages...

Self-arranged repair job comes with no guarantees

Thu, 06 Nov 2025 05:10:19 GMT

A homeowner who called in a gas fitter to fix damaged ductwork has lost his bid to have the faulty work covered under his insurer’s lifetime repair guarantee...

Coverforce execs leave as business broken up

Thu, 06 Nov 2025 01:27:22 GMT

Coverforce’s CEO Tony Goldsmith and CFO Jitendra Dutt have left the group following a reorganisation that has split the business’ operations among other Steadfast companies...

‘Regulation duplication’: NIBA criticises informed consent rules

Thu, 06 Nov 2025 00:51:11 GMT

The National Insurance Brokers Association has questioned the value of laws introduced earlier this year forcing brokers to obtain consent for commissions – but the corporate regulator has no plans to modify or overturn them...

AFCA data shows broker complaints have soared – but there’s a catch

Thu, 06 Nov 2025 00:51:03 GMT

Complaints to the industry ombudsman about general insurance brokers have almost doubled in number, according to the authority’s datacube, which counts disputes by product or company...

Coast names joint CEOs as chair steps back

Thu, 06 Nov 2025 00:50:53 GMT

Coast Insurance directors Stephanie Muller and Jordan Brindley have been appointed co-CEOs as part of an executive leadership shake-up...

Vero takes key prize as IA award winners revealed

Thu, 06 Nov 2025 00:50:45 GMT

Vero has been named insurer of the year and Market Lane agency of the year at the Insurance Advisernet awards...

Webinar helps ‘decode’ compliance

Thu, 06 Nov 2025 00:50:32 GMT

Brokers can gain important insights on the insurance industry’s complaints handling obligations at a free webinar later this month...

Car specialist MB adds west coast presence

Thu, 06 Nov 2025 00:50:16 GMT

Perth-based Adam Wright has been appointed business development underwriter at MB Insurance Group, becoming the prestige motor specialist’s first representative in WA...

Artisan creates New Zealand team

Thu, 06 Nov 2025 00:50:01 GMT

Artisan Underwriting has expanded with the opening of offices in Auckland...

Former Edgewise broker joins Bolderstons

Thu, 06 Nov 2025 00:49:29 GMT

Experienced intermediary Gaurav Puri has joined Melbourne-based Bolderstons Insurance Brokers as account director...

Coverforce split among Steadfast businesses

Wed, 05 Nov 2025 06:01:06 GMT

Coverforce’s business operations will be moved into other Steadfast companies, in a major shake-up following the acquisition of the broking group four years ago...

Ministers, industry seek ways to build homes without raising risk

Wed, 05 Nov 2025 05:12:25 GMT

A roundtable hosted by Suncorp has canvassed action needed to stop housing supply increases putting more people at risk of natural disasters...

ICA widens Queensland storm declaration as claims top 25,000

Wed, 05 Nov 2025 05:07:04 GMT

The Insurance Council of Australia has expanded its significant event declaration for the recent Brisbane hailstorm to include more hail and strong wind that hit southeast Queensland between October 31 and November 2...