insuranceNEWS.com.au - AnalysisGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auOur greatest fears in a ‘world of polycrisis’https://www.insurancenews.com.au/analysis/our-greatest-fears-in-a-world-of-polycrisishttps://www.insurancenews.com.au/analysis/our-greatest-fears-in-a-world-of-polycrisis<p>AI and big data have overtaken climate change as the leading emerging risk, according to an Axa poll of financial services experts, reflecting growing concern at the pace of technological change and the preparedness of governments to manage it...</p>Mon, 19 Oct 2026 04:17:14 GMTWhy are customers paying for help to secure a fair insurance claim?https://www.insurancenews.com.au/analysis/why-are-customers-paying-for-help-to-secure-a-fair-insurance-claimhttps://www.insurancenews.com.au/analysis/why-are-customers-paying-for-help-to-secure-a-fair-insurance-claim<p>Claims professionals are the cornerstone of the insurance industry. Always have been. Always will be. Yet some can feel like modern-day Sisyphus figures, pushing a rock uphill, day after day...</p>Mon, 12 Oct 2026 00:09:58 GMTAI is giving insurers time back. What they do with it mattershttps://www.insurancenews.com.au/analysis/ai-is-giving-insurers-time-back-what-they-do-with-it-mattershttps://www.insurancenews.com.au/analysis/ai-is-giving-insurers-time-back-what-they-do-with-it-matters<p>For the past few years, much of the conversation about AI in insurance has focused on what the technology can automate. But as adoption grows, insurers need to decide how that freed-up time should be used...</p>Mon, 05 Oct 2026 01:13:36 GMTData centre race leaves frameworks behindhttps://www.insurancenews.com.au/analysis/data-centre-race-leaves-frameworks-behindhttps://www.insurancenews.com.au/analysis/data-centre-race-leaves-frameworks-behind<p>The rush by developers to enter Australia&rsquo;s data centre boom risks contractual frameworks being left behind, the Australasian Professional Indemnity Group (APIG) annual conference was warned...</p>Mon, 28 Sep 2026 01:02:43 GMTAustralia's low-altitude economy is ready for take-off. Are we?https://www.insurancenews.com.au/analysis/australias-low-altitude-economy-is-ready-for-take-off-are-wehttps://www.insurancenews.com.au/analysis/australias-low-altitude-economy-is-ready-for-take-off-are-we<p>Australia&rsquo;s aviation sector is on the cusp of its biggest transformation in decades...</p>Mon, 21 Sep 2026 02:39:14 GMTThe new shape of marine war riskhttps://www.insurancenews.com.au/analysis/the-new-shape-of-marine-war-riskhttps://www.insurancenews.com.au/analysis/the-new-shape-of-marine-war-risk<p>Geopolitical instability has brought marine war risk back into sharper focus, but the conversation continues to evolve...</p>Mon, 14 Sep 2026 02:08:34 GMTInsurers are using AI – but can they underwrite it?https://www.insurancenews.com.au/analysis/insurers-are-using-ai-but-can-they-underwrite-ithttps://www.insurancenews.com.au/analysis/insurers-are-using-ai-but-can-they-underwrite-it<p>Almost all the conversation about insurance and AI focuses on how insurers can use it to price, underwrite, manage claims, detect fraud and so on...</p>Mon, 07 Sep 2026 04:43:13 GMTWide nets and low bars: draft code draws more feedbackhttps://www.insurancenews.com.au/analysis/wide-nets-and-low-bars-draft-code-draws-more-feedbackhttps://www.insurancenews.com.au/analysis/wide-nets-and-low-bars-draft-code-draws-more-feedback<p>Insurer code of practice submissions from underwriting agencies, brokers and restorers have highlighted issues relating to contractual enforceability, small business repercussions and repair standards...</p>Mon, 31 Aug 2026 04:16:34 GMTTop 20 AR networks report examines key issueshttps://www.insurancenews.com.au/analysis/top-20-ar-networks-report-examines-key-issueshttps://www.insurancenews.com.au/analysis/top-20-ar-networks-report-examines-key-issues<p>Australia&rsquo;s authorised representative sector is growing &ndash; and changing &ndash; fast, and in recognition of its increasing influence, Insurance News has published a 40-page special report...</p>Mon, 24 Aug 2026 04:38:15 GMTForeign fires cast a pall over Australian summerhttps://www.insurancenews.com.au/analysis/foreign-fires-cast-a-pall-over-australian-summerhttps://www.insurancenews.com.au/analysis/foreign-fires-cast-a-pall-over-australian-summer<p>Australian fire experts have been taking calls from France and Spain as Europe experiences catastrophic blazes beyond any previous experience, but as we head into our spring and summer, their expertise will be needed at home...</p>Mon, 17 Aug 2026 03:49:20 GMTThe broking profession’s promise to clientshttps://www.insurancenews.com.au/analysis/the-broking-profession-s-promise-to-clientshttps://www.insurancenews.com.au/analysis/the-broking-profession-s-promise-to-clients<p>NIBA CEO Richard Klipin sets out how the board weighed the voices of members, clients, regulators and the public in the draft code, and why it landed where it did...</p>Wed, 05 Aug 2026 04:32:37 GMTNo easy answers on ESL reformhttps://www.insurancenews.com.au/analysis/no-easy-answers-on-esl-reformhttps://www.insurancenews.com.au/analysis/no-easy-answers-on-esl-reform<p>Submissions to the NSW parliamentary inquiry into emergency services funding reform have illustrated the complexities and challenges around removing the long-hated tax on insurance...</p>Mon, 03 Aug 2026 04:06:32 GMT‘We need to be honest about affordability challenge’https://www.insurancenews.com.au/analysis/we-need-to-be-honest-about-affordability-challengehttps://www.insurancenews.com.au/analysis/we-need-to-be-honest-about-affordability-challenge<p>Insurance Council of Australia deputy chair Richard Feledy delivered a candid speech at the peak body&rsquo;s annual dinner in Sydney last week...</p>Mon, 27 Jul 2026 01:46:04 GMTExtinguishing battery risks in Australia’s energy transitionhttps://www.insurancenews.com.au/analysis/extinguishing-battery-risks-in-australia-s-energy-transitionhttps://www.insurancenews.com.au/analysis/extinguishing-battery-risks-in-australia-s-energy-transition<p>Thermal runaway poses significant challenges that must be addressed to ensure a safe transition to a sustainable energy system...</p>Mon, 20 Jul 2026 04:42:48 GMTBracing for a future of shifts and shockshttps://www.insurancenews.com.au/analysis/bracing-for-a-future-of-shifts-and-shockshttps://www.insurancenews.com.au/analysis/bracing-for-a-future-of-shifts-and-shocks<p>Insurance premium growth will slow this year after the rises and profitability peaks of 2024-25, a global report by the Swiss Re Institute says...</p>Mon, 13 Jul 2026 04:35:29 GMTHow insurer transformation reshaped the smash repair sectorhttps://www.insurancenews.com.au/analysis/how-insurer-transformation-reshaped-the-smash-repair-sectorhttps://www.insurancenews.com.au/analysis/how-insurer-transformation-reshaped-the-smash-repair-sector<p>The Australian smash repair sector has undergone a radical transformation over the past three decades. What was once an oversupplied, fragmented industry sustained by older business models has become leaner, more professional &ndash; but also more fragile...</p>Mon, 06 Jul 2026 05:17:31 GMTHigh-stakes code review still has some way to runhttps://www.insurancenews.com.au/analysis/high-stakes-code-review-still-has-some-way-to-runhttps://www.insurancenews.com.au/analysis/high-stakes-code-review-still-has-some-way-to-run<p>The Insurance Council of Australia will deliver some key firsts with the next update of its code of practice, while grappling with issues highlighted during the 2022 floods inquiry...</p>Mon, 29 Jun 2026 04:27:19 GMTInvesting in broking’s deep bench of emerging talenthttps://www.insurancenews.com.au/analysis/investing-in-broking-s-deep-bench-of-emerging-talenthttps://www.insurancenews.com.au/analysis/investing-in-broking-s-deep-bench-of-emerging-talent<p>The data is clear. The momentum is real. And NIBA is doubling down on the next generation of insurance brokers...</p>Mon, 22 Jun 2026 00:04:57 GMTWhat if complaints were a service, not a problem to manage?https://www.insurancenews.com.au/analysis/what-if-complaints-were-a-service-not-a-problem-to-managehttps://www.insurancenews.com.au/analysis/what-if-complaints-were-a-service-not-a-problem-to-manage<p>Here is a question worth sitting with: what if the way the Australian insurance industry thinks about complaints is itself the problem?</p>Mon, 08 Jun 2026 01:00:00 GMTBreach breakdown: key findings from code reporthttps://www.insurancenews.com.au/analysis/breach-breakdown-key-findings-from-code-reporthttps://www.insurancenews.com.au/analysis/breach-breakdown-key-findings-from-code-report<p>The General Insurance Code Governance Committee has released its annual data and compliance report &ndash; and there are some concerning trends...</p>Mon, 01 Jun 2026 02:06:02 GMT