insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auTasmania launches consultation on state insurer schemehttps://www.insurancenews.com.au/daily/tasmania-launches-consultation-on-state-insurer-schemehttps://www.insurancenews.com.au/daily/tasmania-launches-consultation-on-state-insurer-scheme<p>The Tasmanian government is calling for feedback on its plans to establish a state insurer to tackle affordability challenges in home and contents, SME, farm and workers&rsquo; compensation cover...</p>Fri, 14 Nov 2025 05:24:22 GMT‘A lasting legacy’: QBE chair Wilkins to retirehttps://www.insurancenews.com.au/daily/a-lasting-legacy-qbe-chair-wilkins-to-retirehttps://www.insurancenews.com.au/daily/a-lasting-legacy-qbe-chair-wilkins-to-retire<p>QBE Insurance Group chair Mike Wilkins will retire at the annual general meeting next May after six years in the role and a decade on the board...</p>Fri, 14 Nov 2025 05:16:42 GMTCyclone pool won’t fix affordability, ICA warnshttps://www.insurancenews.com.au/daily/cyclone-pool-won-t-fix-affordability-ica-warnshttps://www.insurancenews.com.au/daily/cyclone-pool-won-t-fix-affordability-ica-warns<p>The cyclone reinsurance pool is delivering targeted premium relief and should continue, but it will not solve broader affordability issues, the Insurance Council of Australia says in a review submission...</p>Fri, 14 Nov 2025 05:16:21 GMTBushfire risk justifies near doubling of premium, AFCA findshttps://www.insurancenews.com.au/daily/bushfire-risk-justifies-near-doubling-of-premium-afca-findshttps://www.insurancenews.com.au/daily/bushfire-risk-justifies-near-doubling-of-premium-afca-finds<p>A homeowner whose premium rose by 91% following a risk reassessment has lost a dispute with RACQ Insurance after the ombudsman found the increase was fair...</p>Fri, 14 Nov 2025 05:15:11 GMTASIC to ‘zero in’ on pricing, claims and complaintshttps://www.insurancenews.com.au/daily/asic-to-zero-in-on-pricing-claims-and-complaintshttps://www.insurancenews.com.au/daily/asic-to-zero-in-on-pricing-claims-and-complaints<p>The corporate regulator says insurance complaints processes, claims handling and misleading pricing are among new enforcement priorities for next year...</p>Thu, 13 Nov 2025 05:26:06 GMTInsurance News conference to share exclusive Finity paperhttps://www.insurancenews.com.au/daily/insurance-news-conference-to-share-exclusive-finity-paperhttps://www.insurancenews.com.au/daily/insurance-news-conference-to-share-exclusive-finity-paper<p>Tickets are now available for the third Insurance News Outlook conference, to be held in Sydney in March...</p>Thu, 13 Nov 2025 05:11:31 GMTIAG studies auto-braking as life-saving impact remains elusivehttps://www.insurancenews.com.au/daily/iag-studies-auto-braking-as-life-saving-impact-remains-elusivehttps://www.insurancenews.com.au/daily/iag-studies-auto-braking-as-life-saving-impact-remains-elusive<p>IAG is investigating the use of advanced driver-assistance systems, which it says are not meeting their potential to reduce road accident numbers...</p>Thu, 13 Nov 2025 05:06:54 GMTAFCA backs boat owner after row over Esky escalateshttps://www.insurancenews.com.au/daily/afca-backs-boat-owner-after-row-over-esky-escalateshttps://www.insurancenews.com.au/daily/afca-backs-boat-owner-after-row-over-esky-escalates<p>A boat owner will be covered for damage caused by a bouncing Esky after challenging his insurer&rsquo;s argument the loss was caused by wear and tear and construction issues...</p>Thu, 13 Nov 2025 05:06:07 GMT‘Simply bewildering’: NIBA criticised over pace, transparency of code reviewhttps://www.insurancenews.com.au/the-broker/simply-bewildering-niba-criticised-over-pace-transparency-of-code-reviewhttps://www.insurancenews.com.au/the-broker/simply-bewildering-niba-criticised-over-pace-transparency-of-code-review<p>A consumer group says the National Insurance Brokers Association is taking too long to progress its code review and should urgently prioritise publication of a key report to dispel growing transparency concerns...</p>Thu, 13 Nov 2025 01:20:17 GMTCommission disclosure calls ramp up as consultation continueshttps://www.insurancenews.com.au/the-broker/commission-disclosure-calls-ramp-up-as-consultation-continueshttps://www.insurancenews.com.au/the-broker/commission-disclosure-calls-ramp-up-as-consultation-continues<p>The National Insurance Brokers Association will carry out further code review consultation with members, including on the critical issue of remuneration disclosure...</p>Thu, 13 Nov 2025 01:20:04 GMTAUB ‘has not observed’ premium rate slowdownhttps://www.insurancenews.com.au/the-broker/aub-has-not-observed-premium-rate-slowdownhttps://www.insurancenews.com.au/the-broker/aub-has-not-observed-premium-rate-slowdown<p>AUB Group says premium rates in Australian broking rose 5%-7% in the first quarter and it has &ldquo;confidently&rdquo; reaffirmed its earnings guidance...</p>Thu, 13 Nov 2025 01:19:51 GMTAviso Group names new CEO under shake-uphttps://www.insurancenews.com.au/the-broker/aviso-group-names-new-ceo-under-shake-uphttps://www.insurancenews.com.au/the-broker/aviso-group-names-new-ceo-under-shake-up<p>Aviso Group chief broking officer Jeff Moule has been promoted to CEO under leadership changes that include a stronger focus on the related specialty business, owner Envest says...</p>Thu, 13 Nov 2025 01:13:15 GMTSteadfast raising stake in NZ’s Rothburyhttps://www.insurancenews.com.au/the-broker/steadfast-raising-stake-in-nz-s-rothburyhttps://www.insurancenews.com.au/the-broker/steadfast-raising-stake-in-nz-s-rothbury<p>Steadfast has increased its holding in top-three New Zealand broker Rothbury Group and plans to acquire a majority position in upcoming transactions...</p>Thu, 13 Nov 2025 01:09:31 GMTStart-up to offer transaction, energy covershttps://www.insurancenews.com.au/the-broker/start-up-to-offer-transaction-energy-covershttps://www.insurancenews.com.au/the-broker/start-up-to-offer-transaction-energy-covers<p>New underwriter Longbrook Insurance plans to offer transaction liability and energy cover globally from early next year...</p>Thu, 13 Nov 2025 00:53:50 GMTAon hires senior account directorhttps://www.insurancenews.com.au/the-broker/aon-hires-senior-account-directorhttps://www.insurancenews.com.au/the-broker/aon-hires-senior-account-director<p>Melbourne-based Irene Sinclair has been appointed Aon strategic account director for global and corporate...</p>Thu, 13 Nov 2025 00:51:39 GMTWillis appoints claims strategy leaderhttps://www.insurancenews.com.au/the-broker/willis-appoints-claims-strategy-leaderhttps://www.insurancenews.com.au/the-broker/willis-appoints-claims-strategy-leader<p>Willis has named Louie Clarke as global head of claims strategy and execution...</p>Thu, 13 Nov 2025 00:51:33 GMTGlobal group’s Claims Copilot takes flighthttps://www.insurancenews.com.au/the-broker/global-group-s-claims-copilot-takes-flighthttps://www.insurancenews.com.au/the-broker/global-group-s-claims-copilot-takes-flight<p>Aon has launched an AI-powered platform designed to streamline its claims management processes...</p>Thu, 13 Nov 2025 00:51:25 GMTAI claims, sales impacts to benefit consumers: Suncorp chiefhttps://www.insurancenews.com.au/daily/ai-claims-sales-impacts-to-benefit-consumers-suncorp-chiefhttps://www.insurancenews.com.au/daily/ai-claims-sales-impacts-to-benefit-consumers-suncorp-chief<p>Artificial intelligence will revolutionise insurance as it streamlines processes from sales to claims, Suncorp CEO Steve Johnston told a regulatory conference today...</p>Wed, 12 Nov 2025 05:26:55 GMTEclipse names new boss as co-founders reshape leadershiphttps://www.insurancenews.com.au/daily/eclipse-names-new-boss-as-co-founders-reshape-leadershiphttps://www.insurancenews.com.au/daily/eclipse-names-new-boss-as-co-founders-reshape-leadership<p>Thomas Haegi has been promoted to CEO at underwriting agency Eclipse Group...</p>Wed, 12 Nov 2025 05:07:40 GMTCode shake-up ensures state-sponsored terrorism coverhttps://www.insurancenews.com.au/daily/code-shake-up-ensures-state-sponsored-terrorism-coverhttps://www.insurancenews.com.au/daily/code-shake-up-ensures-state-sponsored-terrorism-cover<p>A criminal code change has clarified that the government-backed terrorism reinsurance pool provides cover for state-sponsored acts...</p>Wed, 12 Nov 2025 05:06:00 GMT