insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auGallagher Re local head to take Allianz positionhttps://www.insurancenews.com.au/daily/gallagher-re-local-head-to-take-allianz-positionhttps://www.insurancenews.com.au/daily/gallagher-re-local-head-to-take-allianz-position<p>Allianz Australia head of reinsurance Michael Crouch will leave the company next year, with the role to be filled by Gallagher Re&rsquo;s local CEO Heather Bone...</p>Thu, 18 Dec 2025 05:31:49 GMTSteadfast’s people chief to leavehttps://www.insurancenews.com.au/daily/steadfast-s-people-chief-to-leavehttps://www.insurancenews.com.au/daily/steadfast-s-people-chief-to-leave<p>Steadfast Group chief people officer Ferzana Yale will depart the business after 16 months in the role...</p>Thu, 18 Dec 2025 05:31:03 GMTNo sentence reduction for man who hired kids to torch homehttps://www.insurancenews.com.au/daily/no-sentence-reduction-for-man-who-hired-kids-to-torch-homehttps://www.insurancenews.com.au/daily/no-sentence-reduction-for-man-who-hired-kids-to-torch-home<p>A fraudster who burnt down his property for an insurance payout has lost his bid for a reduced jail sentence...</p>Thu, 18 Dec 2025 05:30:28 GMTCar theft victim loses battle over ‘unjust’ deductionshttps://www.insurancenews.com.au/daily/car-theft-victim-loses-battle-over-unjust-deductionshttps://www.insurancenews.com.au/daily/car-theft-victim-loses-battle-over-unjust-deductions<p>A company has failed to overturn insurer deductions including unpaid premium after its vehicle was stolen six days into an annual policy...</p>Thu, 18 Dec 2025 05:30:13 GMTHostel suffers setback as premium row heads to final judgmenthttps://www.insurancenews.com.au/the-broker/hostel-suffers-setback-as-premium-row-heads-to-final-judgmenthttps://www.insurancenews.com.au/the-broker/hostel-suffers-setback-as-premium-row-heads-to-final-judgment<p>The owner and tenant of a Surfers Paradise backpacker hostel have lost legal action seeking an interim ban on their body corporate charging a substantially higher share of a strata insurance premium...</p>Thu, 18 Dec 2025 00:44:27 GMTOmbudsman puts brake on servo’s theft payouthttps://www.insurancenews.com.au/the-broker/ombudsman-puts-brake-on-servo-s-theft-payouthttps://www.insurancenews.com.au/the-broker/ombudsman-puts-brake-on-servo-s-theft-payout<p>The owner of a service station seeking a $69,000 theft payout has lost a claim dispute with Suncorp...</p>Thu, 18 Dec 2025 00:44:09 GMTJavln buys Australian business after $6 million capital raisehttps://www.insurancenews.com.au/the-broker/javln-buys-australian-business-after-6-million-capital-raisehttps://www.insurancenews.com.au/the-broker/javln-buys-australian-business-after-6-million-capital-raise<p>Insurance software group Javln has acquired organiseit, an Australian document management system provider...</p>Thu, 18 Dec 2025 00:43:58 GMTClaims specialists join forces for national reachhttps://www.insurancenews.com.au/the-broker/claims-specialists-join-forces-for-national-reachhttps://www.insurancenews.com.au/the-broker/claims-specialists-join-forces-for-national-reach<p>Martin Minett Claims Preparation says its new alliance with Southern MSM will &ldquo;strengthen its national coverage and technical expertise&rdquo;...</p>Thu, 18 Dec 2025 00:43:35 GMTFuture of broking features at Outlook conferencehttps://www.insurancenews.com.au/the-broker/future-of-broking-features-at-outlook-conferencehttps://www.insurancenews.com.au/the-broker/future-of-broking-features-at-outlook-conference<p>The evolution of SME and mid-market insurance distribution over the next 10 years will be the focus of a key session at the Insurance News Outlook 2026 conference...</p>Thu, 18 Dec 2025 00:43:10 GMT‘Fast turnarounds, vacant premises’: SME warned on holiday riskshttps://www.insurancenews.com.au/the-broker/fast-turnarounds-vacant-premises-sme-warned-on-holiday-riskshttps://www.insurancenews.com.au/the-broker/fast-turnarounds-vacant-premises-sme-warned-on-holiday-risks<p>The trades, hospitality and retail industries are the leading sources of insurance claims over the Christmas and new year period, analysis by BizCover shows...</p>Thu, 18 Dec 2025 00:42:25 GMTCHU expands capacity for ‘considerably larger buildings’https://www.insurancenews.com.au/the-broker/chu-expands-capacity-for-considerably-larger-buildingshttps://www.insurancenews.com.au/the-broker/chu-expands-capacity-for-considerably-larger-buildings<p>Strata underwriter CHU has increased its coverage cap for residential and commercial buildings to cater for larger risks...</p>Thu, 18 Dec 2025 00:42:05 GMTPerth broker joins Ausure AR networkhttps://www.insurancenews.com.au/the-broker/perth-broker-joins-ausure-ar-networkhttps://www.insurancenews.com.au/the-broker/perth-broker-joins-ausure-ar-network<p>Ausure says InsuranceTek, led by principal broker Mark Adams, has become an authorised representative of the Steadfast-backed network...</p>Thu, 18 Dec 2025 00:41:56 GMTCost pressures ‘emerging’ after CTP reformshttps://www.insurancenews.com.au/daily/cost-pressures-emerging-after-ctp-reformshttps://www.insurancenews.com.au/daily/cost-pressures-emerging-after-ctp-reforms<p>NSW compulsory third party motor premiums are under pressure from rising claim costs and frequency, a parliamentary review has heard...</p>Wed, 17 Dec 2025 05:03:16 GMTUS fires, storms drive $161 billion global cat billhttps://www.insurancenews.com.au/daily/us-fires-storms-drive-161-billion-global-cat-billhttps://www.insurancenews.com.au/daily/us-fires-storms-drive-161-billion-global-cat-bill<p>Global insured losses from natural catastrophes have passed $US100 billion ($150.81 billion) for the sixth consecutive year, with US events a key driver, according to Swiss Re...</p>Wed, 17 Dec 2025 05:03:01 GMTNo sign of crime as AFCA probes Mustang mysteryhttps://www.insurancenews.com.au/daily/no-sign-of-crime-as-afca-probes-mustang-mysteryhttps://www.insurancenews.com.au/daily/no-sign-of-crime-as-afca-probes-mustang-mystery<p>A motor enthusiast who argued his Ford Mustang was sabotaged by another member of his car club has lost a claim dispute after the ombudsman found no evidence of a malicious act...</p>Wed, 17 Dec 2025 05:02:46 GMTINsight podcast: insurance implications of Bondi attackhttps://www.insurancenews.com.au/daily/insight-podcast-insurance-implications-of-bondi-attackhttps://www.insurancenews.com.au/daily/insight-podcast-insurance-implications-of-bondi-attack<p>The devastating Bondi Beach shooting and likely insurance implications are the main items discussed on the latest edition of the Insurance News podcast...</p>Wed, 17 Dec 2025 00:39:59 GMTMinisters label Bondi mass shooting a terror attackhttps://www.insurancenews.com.au/daily/pool-labels-bondi-mass-shooting-a-terror-attackhttps://www.insurancenews.com.au/daily/pool-labels-bondi-mass-shooting-a-terror-attack<p>The Bondi gun attack has been declared a terrorist incident for the purposes of the government-backed reinsurance scheme, while the Insurance Council of Australia says the industry will prioritise support...</p>Tue, 16 Dec 2025 05:06:49 GMTSpring storms bill to top $1 billion, Perils sayshttps://www.insurancenews.com.au/daily/spring-storms-bill-to-top-1-billion-perils-sayshttps://www.insurancenews.com.au/daily/spring-storms-bill-to-top-1-billion-perils-says<p>Insured losses from October storms in Australia&rsquo;s east will reach $1.11 billion, Swiss-based catastrophe data company Perils estimates...</p>Tue, 16 Dec 2025 05:06:38 GMTIndustry backs ‘evolving’ life code as review moves onhttps://www.insurancenews.com.au/daily/industry-backs-evolving-life-code-as-review-moves-onhttps://www.insurancenews.com.au/daily/industry-backs-evolving-life-code-as-review-moves-on<p>Life insurers have told the industry code reviewer the document must keep up with regulatory changes and consumer expectations...</p>Tue, 16 Dec 2025 05:06:28 GMTAFCA orders payout after fraudster intercepts fundshttps://www.insurancenews.com.au/daily/afca-orders-payout-after-fraudster-intercepts-fundshttps://www.insurancenews.com.au/daily/afca-orders-payout-after-fraudster-intercepts-funds<p>A company whose overseas electronic funds transfer went to a fraudster instead of a medical devices supplier should have their loss covered, the dispute authority has ruled...</p>Tue, 16 Dec 2025 05:06:19 GMT