insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2019 Workers’ comp: searching for Australia’s next top model https://www.insurancenews.com.au/analysis/workers-comp-searching-for-australias-next-top-model https://www.insurancenews.com.au/analysis/workers-comp-searching-for-australias-next-top-model Victoria is set to become the latest state to begin a workers’ compensation review as the nation continues to grapple with a mish-mash of models, different levels of private and public participation and questions over their performance...

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Mon, 09 Dec 2019 12:08:00 +1100
Loyalty unrewarded: why the personal lines merry-go-round is unsustainable https://www.insurancenews.com.au/analysis/loyalty-unrewarded-why-the-personal-lines-merry-go-round-is-unsustainable https://www.insurancenews.com.au/analysis/loyalty-unrewarded-why-the-personal-lines-merry-go-round-is-unsustainable We’ve all been there. The home and contents renewal notice drops into your inbox and the premium has gone through the roof...

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Mon, 02 Dec 2019 13:10:00 +1100
A long way to go before the cyber gap is closed https://www.insurancenews.com.au/analysis/a-long-way-to-go-before-the-cyber-gap-is-closed https://www.insurancenews.com.au/analysis/a-long-way-to-go-before-the-cyber-gap-is-closed Australia remains acutely exposed to cyber attack, and a string of measures – including consideration of a reinsurance pool – are required to shore up defences, risk experts say...

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Mon, 25 Nov 2019 12:30:00 +1100
State of paralysis: the heavy price of inaction as PI nightmare drags on https://www.insurancenews.com.au/analysis/state-of-paralysis-the-heavy-price-of-inaction-as-pi-nightmare-drags-on https://www.insurancenews.com.au/analysis/state-of-paralysis-the-heavy-price-of-inaction-as-pi-nightmare-drags-on Like many others before it, the latest report into what ails the building industry delivered little in the way of new insights into a shambolic state of affairs...

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Mon, 18 Nov 2019 12:12:00 +1100
Role-playing: traditional boundaries blurring at Lloyd's https://www.insurancenews.com.au/analysis/role-playing-traditional-boundaries-blurring-at-lloyds https://www.insurancenews.com.au/analysis/role-playing-traditional-boundaries-blurring-at-lloyds AM Best’s latest market report, an examination of the London insurance market, has uncovered a “blurring” of the once-rigid divisions between the roles of brokers, insurers and reinsurers...

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Mon, 11 Nov 2019 11:54:00 +1100
The revolution is parametric https://www.insurancenews.com.au/analysis/the-revolution-is-parametric https://www.insurancenews.com.au/analysis/the-revolution-is-parametric Parametric insurance is growing fast, and it’s likely to keep doing so as climate change continues to bite...

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Mon, 04 Nov 2019 13:45:00 +1100
Climate change: words don't matter as much as action https://www.insurancenews.com.au/analysis/climate-change-words-dont-matter-as-much-as-action https://www.insurancenews.com.au/analysis/climate-change-words-dont-matter-as-much-as-action In the quarter-century that the threat of global warming has been hanging over general insurance in Australia, the debate has become fragmented and absurdly complex...

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Mon, 28 Oct 2019 12:15:00 +1100
State of the industry: Enthoven outlines the key challenges https://www.insurancenews.com.au/analysis/state-of-the-industry-enthoven-outlines-the-key-challenges https://www.insurancenews.com.au/analysis/state-of-the-industry-enthoven-outlines-the-key-challenges Insurance Council of Australia President Richard Enthoven’s “state of the industry” speech at the National Insurance Brokers Association Convention on the Gold Coast last week was brutally honest on the trials heading the industry’s way. But it also contained plenty of hope, pride – and new information...

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Mon, 21 Oct 2019 13:07:00 +1100
Heads in the sand: SMEs take cyber gamble https://www.insurancenews.com.au/analysis/heads-in-the-sand-smes-take-cyber-gamble https://www.insurancenews.com.au/analysis/heads-in-the-sand-smes-take-cyber-gamble It’s routinely flagged as one of the top business threats across the globe, but many Australian SMEs think they’ve got cyber risk covered. The trouble is they almost certainly haven’t...

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Mon, 14 Oct 2019 12:05:00 +1100
Singular solution on dual pricing https://www.insurancenews.com.au/analysis/singular-solution-on-dual-pricing https://www.insurancenews.com.au/analysis/singular-solution-on-dual-pricing The UK Financial Conduct Authority interim report into home and motor insurance pricing pulls no punches...

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Mon, 07 Oct 2019 12:54:00 +1100