insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auCowden names chairman, CEOhttps://www.insurancenews.com.au/daily/cowden-names-chairman-ceohttps://www.insurancenews.com.au/daily/cowden-names-chairman-ceo<p>Broking company Cowden has named experienced insurance industry executive Veronica Grigg as CEO and Paul Shand as chairman...</p>Fri, 13 Feb 2026 05:11:24 GMTNib inks deal to sell World Nomads travel businesshttps://www.insurancenews.com.au/daily/nib-inks-deal-to-sell-world-nomads-travel-businesshttps://www.insurancenews.com.au/daily/nib-inks-deal-to-sell-world-nomads-travel-business<p>Listed health group Nib Holdings will sell its World Nomads international travel insurance business for a cash consideration of $67.5 million to International Medical Group...</p>Fri, 13 Feb 2026 04:01:19 GMTInsurer must pay home claim despite waterproofing defecthttps://www.insurancenews.com.au/daily/insurer-must-pay-home-claim-despite-waterproofing-defecthttps://www.insurancenews.com.au/daily/insurer-must-pay-home-claim-despite-waterproofing-defect<p>A homeowner whose property was damaged after more than a week of torrential rainfall will be paid out even though the home was not adequately waterproofed...</p>Fri, 13 Feb 2026 03:50:11 GMTICA chief to outline challenges at Insurance News conferencehttps://www.insurancenews.com.au/daily/ica-chief-to-outline-industry-challenges-at-insurance-news-conferencehttps://www.insurancenews.com.au/daily/ica-chief-to-outline-industry-challenges-at-insurance-news-conference<p>Insurance Council of Australia CEO Andrew Hall will deliver a keynote speech at the upcoming Outlook 2026 conference...</p>Fri, 13 Feb 2026 03:28:14 GMTIAG ‘in good shape’ for H2 despite headwindshttps://www.insurancenews.com.au/daily/iag-in-good-shape-for-h2-despite-headwindshttps://www.insurancenews.com.au/daily/iag-in-good-shape-for-h2-despite-headwinds<p>IAG has lowered its full-year premium growth outlook but says it is well placed for a stronger second half as contributions from its RACQ acquisition increase...</p>Thu, 12 Feb 2026 05:23:34 GMTBranding call to come as Envest agencies join forceshttps://www.insurancenews.com.au/daily/branding-call-to-come-as-envest-agencies-join-forceshttps://www.insurancenews.com.au/daily/branding-call-to-come-as-envest-agencies-join-forces<p>Blue Zebra, Proplab Group and Point Insurance have completed a share sale that brings together four Envest underwriting agencies, and have revealed the new business&rsquo; leadership team...</p>Thu, 12 Feb 2026 05:22:07 GMTIndustry ‘reshapes priorities’ amid price, cost pressureshttps://www.insurancenews.com.au/daily/industry-reshapes-priorities-amid-price-cost-pressureshttps://www.insurancenews.com.au/daily/industry-reshapes-priorities-amid-price-cost-pressures<p>Premium affordability, cybersecurity and labour shortages are the three biggest challenges facing Australian insurers this year, Gallagher Bassett&rsquo;s annual industry survey has found...</p>Thu, 12 Feb 2026 05:21:59 GMTPedal to the metal: insurer pays for driver’s misstephttps://www.insurancenews.com.au/daily/pedal-to-the-metal-insurer-pays-for-driver-s-misstephttps://www.insurancenews.com.au/daily/pedal-to-the-metal-insurer-pays-for-driver-s-misstep<p>A driver who said he caused a three-car crash by accidentally hitting his accelerator will be covered despite his insurer claiming his account of the smash was not &ldquo;truthful and accurate&rdquo;...</p>Thu, 12 Feb 2026 05:21:06 GMTStill ‘in the loop’: industry weighs robo-broker threathttps://www.insurancenews.com.au/the-broker/still-in-the-loop-industry-weighs-robo-broker-threathttps://www.insurancenews.com.au/the-broker/still-in-the-loop-industry-weighs-robo-broker-threat<p>AI-driven insurance apps are not expected to end brokers&rsquo; role as risk advisers, industry players and analysts say...</p>Thu, 12 Feb 2026 01:01:18 GMTIAG takes RACQ weather hit as premium riseshttps://www.insurancenews.com.au/the-broker/iag-takes-racq-weather-hit-as-premium-riseshttps://www.insurancenews.com.au/the-broker/iag-takes-racq-weather-hit-as-premium-rises<p>IAG&rsquo;s first-half net profit fell to $505 million from $778 million after severe weather affected its RACQ acquisition, while the new business helped lift gross written premium...</p>Thu, 12 Feb 2026 00:39:30 GMTInsurer loses valuation stoush over 1970s propertyhttps://www.insurancenews.com.au/the-broker/insurer-loses-valuation-stoush-over-1970s-propertyhttps://www.insurancenews.com.au/the-broker/insurer-loses-valuation-stoush-over-1970s-property<p>A business seeking a payout of more than $200,000 for repairs to a property built in the 1970s has won a claim dispute hinging on whether it was underinsured...</p>Thu, 12 Feb 2026 00:39:25 GMTCoverforce broking lead joins Network Insurance Househttps://www.insurancenews.com.au/the-broker/coverforce-broking-lead-joins-network-insurance-househttps://www.insurancenews.com.au/the-broker/coverforce-broking-lead-joins-network-insurance-house<p>Network Insurance House says Coverforce broking CEO Gareth Carpenter will join it in a new chief commercial officer position...</p>Thu, 12 Feb 2026 00:39:11 GMT‘Only as good as your last claim’: brokerage celebrates 70 yearshttps://www.insurancenews.com.au/the-broker/only-as-good-as-your-last-claim-brokerage-celebrates-70-yearshttps://www.insurancenews.com.au/the-broker/only-as-good-as-your-last-claim-brokerage-celebrates-70-years<p>Sydney-based Bruce Chiene Insurance Brokers turns 70 this year and has a &ldquo;fantastic team&rdquo; in place to take it forward, long-serving MD Warren Schafer says...</p>Thu, 12 Feb 2026 00:39:00 GMTPNO staffs up to grow national footprinthttps://www.insurancenews.com.au/the-broker/pno-staffs-up-to-grow-national-footprinthttps://www.insurancenews.com.au/the-broker/pno-staffs-up-to-grow-national-footprint<p>PNOinsurance has opened a Sydney office and made two key appointments as it pursues growth across the Australian middle market...</p>Thu, 12 Feb 2026 00:36:03 GMTMarkel puts ‘claims empowerment’ at heart of growth planshttps://www.insurancenews.com.au/the-broker/markel-puts-claims-empowerment-at-heart-of-growth-planshttps://www.insurancenews.com.au/the-broker/markel-puts-claims-empowerment-at-heart-of-growth-plans<p>Markel International plans to grow its claims team in Australia in a bid to build on its progress since launching here in 2023...</p>Thu, 12 Feb 2026 00:35:53 GMTLegal expenses specialist wins APRA licencehttps://www.insurancenews.com.au/the-broker/legal-expenses-specialist-wins-apra-licencehttps://www.insurancenews.com.au/the-broker/legal-expenses-specialist-wins-apra-licence<p>London-based AmTrust has been granted a standalone general insurance licence by the Australian Prudential Regulation Authority...</p>Thu, 12 Feb 2026 00:35:38 GMTNIBA seeks nominations for key awardshttps://www.insurancenews.com.au/the-broker/niba-seeks-nominations-for-key-awardshttps://www.insurancenews.com.au/the-broker/niba-seeks-nominations-for-key-awards<p>Nominations for two National Insurance Brokers Association awards are open until March 6...</p>Thu, 12 Feb 2026 00:34:21 GMTOcean unveils complex liability optionhttps://www.insurancenews.com.au/the-broker/ocean-unveils-complex-liability-optionhttps://www.insurancenews.com.au/the-broker/ocean-unveils-complex-liability-option<p>Ocean Underwriting has launched a facility to support complex or hard-to-place liability risks, which often arise from higher-hazard occupations with unique exposures...</p>Thu, 12 Feb 2026 00:34:04 GMTArch promotes PI leaderhttps://www.insurancenews.com.au/the-broker/arch-promotes-pi-leaderhttps://www.insurancenews.com.au/the-broker/arch-promotes-pi-leader<p>Arch Insurance Australia has made Aisling Hegarty its new professional indemnity head...</p>Thu, 12 Feb 2026 00:33:09 GMTLloyd’s makes regional leadership changeshttps://www.insurancenews.com.au/daily/lloyd-s-makes-regional-leadership-changeshttps://www.insurancenews.com.au/daily/lloyd-s-makes-regional-leadership-changes<p>Lloyd&rsquo;s has named a new regional head and announced several personnel changes as it makes a &ldquo;continued investment in strengthening leadership&rdquo;...</p>Wed, 11 Feb 2026 05:33:03 GMT