insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auLamborghini fraudster avoids jail by ‘slimmest of margins’https://www.insurancenews.com.au/daily/lamborghini-fraudster-avoids-jail-by-slimmest-of-marginshttps://www.insurancenews.com.au/daily/lamborghini-fraudster-avoids-jail-by-slimmest-of-margins<p>A Tasmanian gourmet grocer who admitted making a fraudulent claim seeking a $182,950 payout from Allianz has avoided jail time...</p>Fri, 17 Oct 2025 05:17:31 GMTEx-Freedom Insurance execs cleared of wrongdoinghttps://www.insurancenews.com.au/daily/ex-freedom-insurance-execs-cleared-of-wrongdoinghttps://www.insurancenews.com.au/daily/ex-freedom-insurance-execs-cleared-of-wrongdoing<p>The Federal Court has cleared two former Freedom Insurance executives accused of misconduct by the Australian Securities and Investments Commission...</p>Fri, 17 Oct 2025 05:17:20 GMTAspire leadership scheme’s new cohort revealedhttps://www.insurancenews.com.au/daily/aspire-leadership-scheme-s-new-cohort-revealedhttps://www.insurancenews.com.au/daily/aspire-leadership-scheme-s-new-cohort-revealed<p>Hollard has announced successful candidates under the third intake of the Aspire Women Leaders Program...</p>Fri, 17 Oct 2025 05:17:06 GMTCabbie wins excess dispute after claim runs latehttps://www.insurancenews.com.au/daily/cabbie-wins-excess-dispute-after-claim-runs-latehttps://www.insurancenews.com.au/daily/cabbie-wins-excess-dispute-after-claim-runs-late<p>A taxi driver has had a $2500 late reporting excess removed from his crash claim after the industry ombudsman ruled the &ldquo;discretionary&rdquo; charge should not apply...</p>Fri, 17 Oct 2025 05:16:57 GMTVilla owners too late with after-the-event coverhttps://www.insurancenews.com.au/daily/villa-owners-too-late-with-after-the-event-coverhttps://www.insurancenews.com.au/daily/villa-owners-too-late-with-after-the-event-cover<p>The body corporate for a villa complex on Hamilton Island has lost its bid to use an after-the-event insurance policy as security for costs in legal action against IAG...</p>Thu, 16 Oct 2025 05:22:21 GMTYounger employees leave door open for cyber crookshttps://www.insurancenews.com.au/daily/younger-employees-leave-door-open-for-cyber-crookshttps://www.insurancenews.com.au/daily/younger-employees-leave-door-open-for-cyber-crooks<p>Young workers, usually regarded as the most tech-savvy, have the greatest vulnerability to cybercrime, research shows...</p>Thu, 16 Oct 2025 05:18:14 GMTConfusing documents a systemic problem, AFCA findshttps://www.insurancenews.com.au/daily/confusing-documents-a-systemic-problem-afca-findshttps://www.insurancenews.com.au/daily/confusing-documents-a-systemic-problem-afca-finds<p>Ambiguous wording, confusing structures or misleading terms are a systemic issue in general insurance disclosure materials, according to the Australian Financial Complaints Authority...</p>Thu, 16 Oct 2025 05:17:31 GMTReckless ruling stands after $27k of designer gear left in carhttps://www.insurancenews.com.au/daily/reckless-ruling-stands-after-27k-of-designer-gear-left-in-carhttps://www.insurancenews.com.au/daily/reckless-ruling-stands-after-27k-of-designer-gear-left-in-car<p>New Zealand&rsquo;s industry dispute scheme has warned people to take reasonable care of their belongings after backing an insurer that denied a careless policyholder&rsquo;s claim for stolen designer clothes and jewellery...</p>Thu, 16 Oct 2025 03:44:46 GMTCyber insureds warned on fines cover after landmark penaltyhttps://www.insurancenews.com.au/the-broker/cyber-insureds-warned-on-fines-cover-after-landmark-penaltyhttps://www.insurancenews.com.au/the-broker/cyber-insureds-warned-on-fines-cover-after-landmark-penalty<p>The imposition of Australia&rsquo;s first civil penalty for a data breach is a wake-up call to check fines and cost cover in cyber policies, experts at Willis say...</p>Thu, 16 Oct 2025 00:49:05 GMTNIBA all set for sold-out conventionhttps://www.insurancenews.com.au/the-broker/niba-all-set-for-sold-out-conventionhttps://www.insurancenews.com.au/the-broker/niba-all-set-for-sold-out-convention<p>The National Insurance Brokers Association is anticipating a record turnout for its convention, which has officially sold out...</p>Thu, 16 Oct 2025 00:47:41 GMTMarsh drops McLennan in business-wide rebrandhttps://www.insurancenews.com.au/the-broker/marsh-drops-mc-lennan-in-business-wide-rebrandhttps://www.insurancenews.com.au/the-broker/marsh-drops-mc-lennan-in-business-wide-rebrand<p>Marsh McLennan will change its name to Marsh from January and has also created a technology-focused business and client services unit...</p>Thu, 16 Oct 2025 00:31:32 GMTUAA distribution manager to ‘make broker interactions count’https://www.insurancenews.com.au/the-broker/uaa-distribution-manager-to-make-broker-interactions-counthttps://www.insurancenews.com.au/the-broker/uaa-distribution-manager-to-make-broker-interactions-count<p>Underwriting Agencies of Australia has appointed Con Stoitsis as distribution manager &ndash; a role created to &ldquo;elevate&rdquo; broker engagement and sales across the UAA and Mecon brands...</p>Thu, 16 Oct 2025 00:31:05 GMTCGU sets premium threshold for policy referralshttps://www.insurancenews.com.au/the-broker/cgu-sets-premium-threshold-for-referral-policieshttps://www.insurancenews.com.au/the-broker/cgu-sets-premium-threshold-for-referral-policies<p>CGU has changed its underwriting criteria for business and office pack referrals, introducing a $2000 minimum premium requirement...</p>Thu, 16 Oct 2025 00:30:28 GMT360 plugs portfolio gap with Crop Risk dealhttps://www.insurancenews.com.au/the-broker/360-plugs-portfolio-gap-with-crop-risk-dealhttps://www.insurancenews.com.au/the-broker/360-plugs-portfolio-gap-with-crop-risk-deal<p>Agency group 360 Underwriting Solutions has acquired a majority stake in Crop Risk Underwriting...</p>Thu, 16 Oct 2025 00:28:05 GMTJavln makes senior hires to drive growth planhttps://www.insurancenews.com.au/the-broker/javln-makes-senior-hires-to-drive-growth-planhttps://www.insurancenews.com.au/the-broker/javln-makes-senior-hires-to-drive-growth-plan<p>Cloud software company Javln has strengthened its leadership team as it looks to expand in local and international markets including the UK...</p>Thu, 16 Oct 2025 00:27:52 GMTIAG and Ag Guard strike crop cover distribution dealhttps://www.insurancenews.com.au/the-broker/iag-and-ag-guard-strike-crop-cover-distribution-dealhttps://www.insurancenews.com.au/the-broker/iag-and-ag-guard-strike-crop-cover-distribution-deal<p>Ag Guard will manage underwriting for IAG-owned CGU and WFI&rsquo;s crop portfolios from next June...</p>Thu, 16 Oct 2025 00:26:42 GMTArch names business development headhttps://www.insurancenews.com.au/the-broker/arch-names-business-development-headhttps://www.insurancenews.com.au/the-broker/arch-names-business-development-head<p>Melissa Corrigan has been appointed Arch Insurance Australia business development manager, responsible for growth initiatives and broker relationships...</p>Thu, 16 Oct 2025 00:26:23 GMTFlex targets hard-to-place strata riskshttps://www.insurancenews.com.au/the-broker/flex-targets-hard-to-place-strata-riskshttps://www.insurancenews.com.au/the-broker/flex-targets-hard-to-place-strata-risks<p>Strata underwriting agency Flex has launched a product for buildings that struggle to secure cover because of complex risk factors...</p>Thu, 16 Oct 2025 00:25:55 GMTATL opens 24/7 crash hotlinehttps://www.insurancenews.com.au/the-broker/atl-opens-24-7-crash-hotlinehttps://www.insurancenews.com.au/the-broker/atl-opens-24-7-crash-hotline<p>ATL Insurance has launched a 24-hour incident response line for clients involved in road accidents...</p>Thu, 16 Oct 2025 00:25:32 GMTStrata study leads to call for broker commission banhttps://www.insurancenews.com.au/daily/strata-study-leads-to-call-for-broker-commission-banhttps://www.insurancenews.com.au/daily/strata-study-leads-to-call-for-broker-commission-ban<p>Strata conflict of interest reforms should include banning commissions for insurance brokers and managing agents, with disclosure regulation a &ldquo;flawed mechanism&rdquo;, a consultancy says...</p>Wed, 15 Oct 2025 04:41:24 GMT