insuranceNEWS.com.au - DailyGeneral 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 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‘Agile challenger’: British group arrives for mid-market pushhttps://www.insurancenews.com.au/daily/agile-challenger-british-group-arrives-for-mid-market-pushhttps://www.insurancenews.com.au/daily/agile-challenger-british-group-arrives-for-mid-market-push<p>London-based Specialist Risk Group has launched in Australia, targeting the mid-market space...</p>Wed, 11 Feb 2026 05:32:54 GMTKey issue leaves car owner uncoveredhttps://www.insurancenews.com.au/daily/key-issue-leaves-car-owner-uncoveredhttps://www.insurancenews.com.au/daily/key-issue-leaves-car-owner-uncovered<p>A motorist whose car was stolen when he left the keys under the handbrake while unloading shopping will not be covered for his loss...</p>Wed, 11 Feb 2026 04:32:38 GMTINsight podcast: commercial market ‘still getting softer’https://www.insurancenews.com.au/daily/insight-podcast-commercial-market-still-getting-softerhttps://www.insurancenews.com.au/daily/insight-podcast-commercial-market-still-getting-softer<p>Marsh and Aon&rsquo;s views on the soft market are the first topic discussed on the latest episode of the Insurance News podcast...</p>Wed, 11 Feb 2026 03:52:39 GMTBroker share prices fall after ChatGPT apps emerge https://www.insurancenews.com.au/daily/broker-share-prices-fall-after-chat-gpt-apps-emergehttps://www.insurancenews.com.au/daily/broker-share-prices-fall-after-chat-gpt-apps-emerge<p>The emergence of ChatGPT-powered insurance apps has stoked concerns over long-term potential adverse impacts of artificial intelligence on brokers and the broader industry...</p>Tue, 10 Feb 2026 05:33:56 GMTPremium gains ‘the biggest barrier’ for small buildershttps://www.insurancenews.com.au/daily/premium-gains-the-biggest-barrier-for-small-buildershttps://www.insurancenews.com.au/daily/premium-gains-the-biggest-barrier-for-small-builders<p>Most small and medium-sized builders say the rising cost of insurance is the biggest pressure on their business, a new Housing Industry Association survey has found...</p>Tue, 10 Feb 2026 05:29:11 GMTAon veteran takes Lockton Pacific client rolehttps://www.insurancenews.com.au/daily/aon-veteran-takes-lockton-pacific-client-rolehttps://www.insurancenews.com.au/daily/aon-veteran-takes-lockton-pacific-client-role<p>David Gower has been appointed chief client officer for the Pacific region at Lockton...</p>Tue, 10 Feb 2026 05:18:20 GMTAFCA sides with insurer in Porsche write-off rowhttps://www.insurancenews.com.au/daily/afca-sides-with-insurer-in-porsche-write-off-rowhttps://www.insurancenews.com.au/daily/afca-sides-with-insurer-in-porsche-write-off-row<p>IAG can restore a Porsche that was damaged in a lithium-ion battery fire, despite the owner&rsquo;s protests it is unrepairable due to chemical contamination...</p>Tue, 10 Feb 2026 05:17:58 GMTForecasters warn of weekend cyclone, flood dangerhttps://www.insurancenews.com.au/daily/forecasters-warn-of-weekend-cyclone-flood-dangerhttps://www.insurancenews.com.au/daily/forecasters-warn-of-weekend-cyclone-flood-danger<p>A tropical low near WA has a high chance of developing into a cyclone that could cross the Pilbara coastline over the weekend, the Bureau of Meteorology says...</p>Fri, 06 Feb 2026 05:11:18 GMTMonitor examines insurers’ levy practices as axe loomshttps://www.insurancenews.com.au/daily/monitor-examines-insurers-levy-practices-as-axe-loomshttps://www.insurancenews.com.au/daily/monitor-examines-insurers-levy-practices-as-axe-looms<p>The NSW Emergency Services Levy Insurance Monitor has consulted six companies about their approach to managing the charge ahead of its expected removal...</p>Fri, 06 Feb 2026 05:07:07 GMTConference tackles key market trends through exclusive reporthttps://www.insurancenews.com.au/daily/conference-tackles-key-market-trends-through-exclusive-reporthttps://www.insurancenews.com.au/daily/conference-tackles-key-market-trends-through-exclusive-report<p>Attendees at the third annual Insurance News conference will be given an exclusive printed copy of the latest INFORM report, put together with experts at Finity...</p>Fri, 06 Feb 2026 05:04:50 GMTInjured skier wins air ambulance payout after repatriation rowhttps://www.insurancenews.com.au/daily/injured-skier-wins-air-ambulance-payout-after-repatriation-rowhttps://www.insurancenews.com.au/daily/injured-skier-wins-air-ambulance-payout-after-repatriation-row<p>An injured skier who flew home from Japan against his insurer&rsquo;s advice has won his bid for a payout to cover an air ambulance and unused hotel costs...</p>Fri, 06 Feb 2026 05:03:28 GMT