insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auLatest gender pay gap stats a fresh ‘reality check’ https://www.insurancenews.com.au/daily/latest-gender-pay-gap-stats-a-fresh-reality-check-https://www.insurancenews.com.au/daily/latest-gender-pay-gap-stats-a-fresh-reality-check-<p>Women make up 53% of employees in financial and insurance services in Australia, yet most are on the lowest end of the pay range...</p>Fri, 06 Mar 2026 05:25:28 GMTCornerstone buys brokers in Queensland growth drivehttps://www.insurancenews.com.au/daily/cornerstone-buys-brokers-in-queensland-growth-drivehttps://www.insurancenews.com.au/daily/cornerstone-buys-brokers-in-queensland-growth-drive<p>Envest-owned Cornerstone Risk Group has acquired Queensland brokers Cav Insure and Rural Insurance Services...</p>Fri, 06 Mar 2026 05:25:17 GMTMotorist fails to reverse insurer’s fault finding after smashhttps://www.insurancenews.com.au/daily/motorist-fails-to-reverse-insurer-s-fault-finding-after-smashhttps://www.insurancenews.com.au/daily/motorist-fails-to-reverse-insurer-s-fault-finding-after-smash<p>A driver deemed partially at fault for a crash with his neighbour&rsquo;s car has lost a dispute before the Australian Financial Complaints Authority over his insurer&rsquo;s blame assessment...</p>Fri, 06 Mar 2026 05:25:08 GMTSpecial INsight podcast talks tech with the expertshttps://www.insurancenews.com.au/daily/special-insight-podcast-talks-tech-with-the-expertshttps://www.insurancenews.com.au/daily/special-insight-podcast-talks-tech-with-the-experts<p>A new Insurance News feature podcast shares expert commentary on the latest trends, opportunities and challenges in insurtech...</p>Fri, 06 Mar 2026 05:24:19 GMTIAG tries again with RAC dealhttps://www.insurancenews.com.au/daily/iag-tries-again-with-rac-dealhttps://www.insurancenews.com.au/daily/iag-tries-again-with-rac-deal<p>The competition regulator has started a new assessment of IAG&rsquo;s plan to acquire RAC underwriting after the insurer lodged an application under a revamped merger regime that began in January...</p>Thu, 05 Mar 2026 05:30:07 GMTBroker clients cautious on AI claims usehttps://www.insurancenews.com.au/daily/broker-clients-cautious-on-ai-claims-usehttps://www.insurancenews.com.au/daily/broker-clients-cautious-on-ai-claims-use<p>Businesses are relatively comfortable with brokers and insurers adopting artificial intelligence for administrative tasks but support drops when it comes to claim decisions, according to Vero&rsquo;s annual SME Insurance Index...</p>Thu, 05 Mar 2026 05:29:01 GMTInsurance News event tackles shifting cyber landscapehttps://www.insurancenews.com.au/daily/insurance-news-event-tackles-shifting-cyber-landscapehttps://www.insurancenews.com.au/daily/insurance-news-event-tackles-shifting-cyber-landscape<p>Rapidly evolving cyber risks and how to counter them will be the focus of an expert panel at the upcoming Insurance News conference...</p>Thu, 05 Mar 2026 05:28:51 GMTA close enough Fit: AFCA backs driver in car model rowhttps://www.insurancenews.com.au/daily/a-close-enough-fit-afca-backs-driver-in-car-model-rowhttps://www.insurancenews.com.au/daily/a-close-enough-fit-afca-backs-driver-in-car-model-row<p>A Honda owner whose cover was cancelled because he listed the wrong car model has won a claim dispute because his misrepresentation did not breach the relevant duty...</p>Thu, 05 Mar 2026 05:12:41 GMTBright blackspot: regional intermediary calls for disaster poolhttps://www.insurancenews.com.au/the-broker/bright-blackspot-regional-intermediary-calls-for-disaster-poolhttps://www.insurancenews.com.au/the-broker/bright-blackspot-regional-intermediary-calls-for-disaster-pool<p>A brokerage has told an inquiry that a natural disaster reinsurance pool is the &ldquo;only credible pathway&rdquo; to restoring insurance affordability and access in regional Australia...</p>Thu, 05 Mar 2026 01:10:18 GMTUnderinsurance creating claim delays, broking chief warnshttps://www.insurancenews.com.au/the-broker/underinsurance-creating-claim-delays-broking-chief-warnshttps://www.insurancenews.com.au/the-broker/underinsurance-creating-claim-delays-broking-chief-warns<p>Widespread underinsurance issues are blowing out claims timelines as insurers are increasingly forced to investigate whether payments need to be reduced, Insurance Advisernet MD Shaun Standfield says...</p>Thu, 05 Mar 2026 01:10:12 GMTSki club’s payout slides after row over property valuehttps://www.insurancenews.com.au/the-broker/ski-club-s-payout-slides-after-row-over-property-valuehttps://www.insurancenews.com.au/the-broker/ski-club-s-payout-slides-after-row-over-property-value<p>A ski club has lost a dispute about underinsurance while successfully arguing reinstatement of a sprinkler system should be covered after it was disconnected during make-safe work...</p>Thu, 05 Mar 2026 01:10:03 GMTCGU probes Padlock renewal notice mistakehttps://www.insurancenews.com.au/the-broker/cgu-probes-padlock-renewal-notice-mistakehttps://www.insurancenews.com.au/the-broker/cgu-probes-padlock-renewal-notice-mistake<p>CGU says it is investigating an error that meant some Padlock renewal documents displayed an incorrect prior-year base premium and goods and services tax...</p>Thu, 05 Mar 2026 00:56:58 GMTVeteran broker retires with ‘enviable legacy’https://www.insurancenews.com.au/the-broker/veteran-broker-retires-with-enviable-legacyhttps://www.insurancenews.com.au/the-broker/veteran-broker-retires-with-enviable-legacy<p>Cowden SA broker Gordon Tonkin is retiring after 51 years...</p>Thu, 05 Mar 2026 00:56:47 GMT360 hires commercial motor executivehttps://www.insurancenews.com.au/the-broker/360-hires-commercial-motor-executivehttps://www.insurancenews.com.au/the-broker/360-hires-commercial-motor-executive<p>360 Underwriting says Nicholas Cahill has joined as executive director for commercial motor...</p>Thu, 05 Mar 2026 00:56:32 GMTAusure celebrates three decades in businesshttps://www.insurancenews.com.au/the-broker/ausure-celebrates-three-decades-in-businesshttps://www.insurancenews.com.au/the-broker/ausure-celebrates-three-decades-in-business<p>The Ausure network marked its 30-year anniversary with a three-day conference in Sydney attended by almost 300 representatives, staff and industry partners...</p>Thu, 05 Mar 2026 00:56:12 GMTEBM adds finance chief to boardhttps://www.insurancenews.com.au/the-broker/ebm-adds-finance-chief-to-boardhttps://www.insurancenews.com.au/the-broker/ebm-adds-finance-chief-to-board<p>National broker EBM Group says CFO Brad Stenton has joined the board as executive director...</p>Thu, 05 Mar 2026 00:50:11 GMTFormer Swiss Re data expert returns for distribution rolehttps://www.insurancenews.com.au/the-broker/former-swiss-re-data-expert-returns-for-distribution-rolehttps://www.insurancenews.com.au/the-broker/former-swiss-re-data-expert-returns-for-distribution-role<p>Swiss Re Corporate Solutions says Robert Kell will rejoin the company as customer and distribution manager for Australia and New Zealand...</p>Thu, 05 Mar 2026 00:50:00 GMTBizCover for Brokers adds Zurich PI offeringhttps://www.insurancenews.com.au/the-broker/biz-cover-for-brokers-adds-zurich-pi-offeringhttps://www.insurancenews.com.au/the-broker/biz-cover-for-brokers-adds-zurich-pi-offering<p>Zurich has started offering its professional indemnity product on BizCover for Brokers, an SME-focused quote and bind platform owned by AUB...</p>Thu, 05 Mar 2026 00:49:44 GMTCFC media and tech underwriter makes Sydney movehttps://www.insurancenews.com.au/the-broker/cfc-media-and-tech-underwriter-makes-sydney-movehttps://www.insurancenews.com.au/the-broker/cfc-media-and-tech-underwriter-makes-sydney-move<p>Cyber specialist CFC has appointed a Sydney-based national manager of technology and media business for &ldquo;true boots on the ground capability&rdquo; and broker support...</p>Thu, 05 Mar 2026 00:49:30 GMTDry-cleaners steamed up over premium hikeshttps://www.insurancenews.com.au/daily/dry-cleaners-steamed-up-over-premium-hikeshttps://www.insurancenews.com.au/daily/dry-cleaners-steamed-up-over-premium-hikes<p>Dry-cleaners say rising premiums are causing &ldquo;huge stress&rdquo; and insurers view their industry as high-risk without considering individual business differences...</p>Wed, 04 Mar 2026 05:18:05 GMT