General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/the-broker/acil-strata-survey-uncovers-bad-actorshttps://www.insurancenews.com.au/the-broker/acil-strata-survey-uncovers-bad-actors<p>The Australian Consumers Insurance Lobby says responses to its survey on strata sector problems has identified &ldquo;bad actors&rdquo; including five brokers...</p>Thu, 18 Apr 2024 02:22:54 GMThttps://www.insurancenews.com.au/the-broker/standard-terms-could-throttle-innovation-niba-warnshttps://www.insurancenews.com.au/the-broker/standard-terms-could-throttle-innovation-niba-warns<p>Care should be taken that any move to standardise more natural hazard terms in addition to flood does not inadvertently stifle innovation, the National Insurance Brokers Association says...</p>Thu, 18 Apr 2024 02:22:32 GMThttps://www.insurancenews.com.au/the-broker/broker-floats-co-contribution-fix-for-flood-cover-scarcityhttps://www.insurancenews.com.au/the-broker/broker-floats-co-contribution-fix-for-flood-cover-scarcity<p>Increasing flood cover excesses and co-contribution arrangements are &ldquo;practical and feasible&rdquo; ways to address an insurance availability crisis in northern NSW, Good Cover Principal Broker Matt Williamson says...</p>Thu, 18 Apr 2024 02:22:17 GMThttps://www.insurancenews.com.au/the-broker/cfc-branches-out-with-solution-underwriting-dealhttps://www.insurancenews.com.au/the-broker/cfc-branches-out-with-solution-underwriting-deal<p>Cyber specialist CFC is expanding its reach in Australia with the acquisition of Melbourne-based Solution Underwriting...</p>Thu, 18 Apr 2024 02:21:57 GMThttps://www.insurancenews.com.au/the-broker/howden-offers-cybersafety-tips-for-information-rich-legal-industryhttps://www.insurancenews.com.au/the-broker/howden-offers-cybersafety-tips-for-information-rich-legal-industry<p>Broker Howden has released a cyber risk guide for the legal industry, to help it guard against &ldquo;a novel category of villains&rdquo;...</p>Thu, 18 Apr 2024 02:21:09 GMThttps://www.insurancenews.com.au/the-broker/aig-names-new-financial-lines-chiefhttps://www.insurancenews.com.au/the-broker/aig-names-new-financial-lines-chief<p>AIG has appointed Ryan Thomas as Head of Financial Lines Asia-Pacific...</p>Thu, 18 Apr 2024 02:20:41 GMThttps://www.insurancenews.com.au/the-broker/hutch-introduces-pi-with-cyberhttps://www.insurancenews.com.au/the-broker/hutch-introduces-pi-with-cyber<p>Hutch Underwriting has launched a product that combines professional indemnity, public liability and a cybercrime extension...</p>Thu, 18 Apr 2024 02:19:50 GMThttps://www.insurancenews.com.au/the-broker/broking-chiefs-prepare-for-charity-sleepouthttps://www.insurancenews.com.au/the-broker/broking-chiefs-prepare-for-charity-sleepout<p>Insurance broking bosses are participating in the 19th annual Vinnies CEO Sleepout fundraiser, held on one of the coldest nights to support Australians vulnerable to homelessness...</p>Thu, 18 Apr 2024 01:24:13 GMThttps://www.insurancenews.com.au/the-broker/near-miss-for-commissions-as-niba-works-to-address-bill-errorhttps://www.insurancenews.com.au/the-broker/near-miss-for-commissions-as-niba-works-to-address-bill-error<p>The National Insurance Brokers Association is working with Treasury to rectify wording errors in a bill that would have inadvertently banned commissions for general advice...</p>Thu, 11 Apr 2024 02:20:33 GMThttps://www.insurancenews.com.au/the-broker/nsw-takes-next-step-towards-emergency-services-levy-reformhttps://www.insurancenews.com.au/the-broker/nsw-takes-next-step-towards-emergency-services-levy-reform<p>The NSW Government has stressed the importance of ending the emergency services levy on insurance as it seeks feedback on options for replacement arrangements...</p>Thu, 11 Apr 2024 02:20:07 GMThttps://www.insurancenews.com.au/the-broker/education-specialisation-flagged-as-broking-industry-challengeshttps://www.insurancenews.com.au/the-broker/education-specialisation-flagged-as-broking-industry-challenges<p>Outgoing National Insurance Brokers Association CEO Phil Kewin says education is a continuing challenge for the industry...</p>Thu, 11 Apr 2024 02:19:53 GMThttps://www.insurancenews.com.au/the-broker/icare-hunts-for-new-boss-as-harding-sets-departure-datehttps://www.insurancenews.com.au/the-broker/icare-hunts-for-new-boss-as-harding-sets-departure-date<p>NSW state insurer icare is searching for a new CEO after announcing yesterday that Richard Harding is stepping down in October...</p>Thu, 11 Apr 2024 02:15:16 GMThttps://www.insurancenews.com.au/the-broker/360-hires-underwriting-headhttps://www.insurancenews.com.au/the-broker/360-hires-underwriting-head<p>360 Underwriting says Chris Harnett has joined as Head of Underwriting, bringing more than three decades of industry experience...</p>Thu, 11 Apr 2024 02:14:46 GMThttps://www.insurancenews.com.au/the-broker/ardonagh-s-m-and-a-spree-hits-record-pacehttps://www.insurancenews.com.au/the-broker/ardonagh-s-m-and-a-spree-hits-record-pace<p>Ardonagh Group sped up its expansion last year as it completed a record 67 deals including the acquisition of Envest in Australia, the London-based company says...</p>Thu, 11 Apr 2024 02:14:19 GMThttps://www.insurancenews.com.au/the-broker/ibanz-issues-reality-check-on-home-insurance-costshttps://www.insurancenews.com.au/the-broker/ibanz-issues-reality-check-on-home-insurance-costs<p>The Insurance Brokers Association of New Zealand has warned homebuyers to keep insurance front of mind when purchasing a property...</p>Thu, 11 Apr 2024 02:13:32 GMThttps://www.insurancenews.com.au/the-broker/howden-reinsurance-arm-rebrands-https://www.insurancenews.com.au/the-broker/howden-reinsurance-arm-rebrands-<p>The Howden Tiger reinsurance business has been renamed as part of group changes to bring broking operations under a global banner...</p>Thu, 11 Apr 2024 02:13:12 GMThttps://www.insurancenews.com.au/the-broker/intermediary-business-grows-in-december-halfhttps://www.insurancenews.com.au/the-broker/intermediary-business-grows-in-december-half<p>Brokers and other general insurance intermediaries placed more business in the second half of last year, invoicing about $21.24 billion of premium compared with a year-earlier $19.34 billion...</p>Thu, 04 Apr 2024 01:00:05 GMThttps://www.insurancenews.com.au/the-broker/broking-fee-of-115-more-unit-owners-reveal-their-strata-tales-of-woehttps://www.insurancenews.com.au/the-broker/broking-fee-of-115-more-unit-owners-reveal-their-strata-tales-of-woe<p>Calls for accounts of strata insurance problems have triggered a strong response, with unit owners and industry participants outlining their experiences to the Australian Consumers Insurance Lobby and the ABC...</p>Thu, 04 Apr 2024 00:59:56 GMThttps://www.insurancenews.com.au/the-broker/next-year-s-steadfast-convention-location-revealedhttps://www.insurancenews.com.au/the-broker/next-year-s-steadfast-convention-location-revealed<p>Steadfast says its convention next year will be at the Melbourne Convention and Exhibition Centre from March 23-25...</p>Thu, 04 Apr 2024 00:59:41 GMThttps://www.insurancenews.com.au/the-broker/cornerstone-continues-growth-with-mks-acquisitionhttps://www.insurancenews.com.au/the-broker/cornerstone-continues-growth-with-mks-acquisition<p>Cornerstone Risk Group, a Resilium authorised representative, has acquired Wollongong-based MKS Insurance Services...</p>Thu, 04 Apr 2024 00:59:22 GMT