insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auCommercial lines price rises slowing https://www.insurancenews.com.au/the-broker/commercial-lines-price-rises-slowinghttps://www.insurancenews.com.au/the-broker/commercial-lines-price-rises-slowing<p>Rates across most commercial lines are still rising but the pace of increase is weakening, actuarial firm Finity told its insurance clients at a webinar this month...</p>Thu, 30 Nov 2023 02:01:56 GMTInsure Your Future: ‘people want to help’ https://www.insurancenews.com.au/the-broker/insure-your-future-people-want-to-helphttps://www.insurancenews.com.au/the-broker/insure-your-future-people-want-to-help<p>The National Insurance Brokers Association Insure Your Future recruitment initiative has struck a chord with members, according to organisers...</p>Thu, 30 Nov 2023 02:01:03 GMTNIBA outlines broker concerns after record flood claims https://www.insurancenews.com.au/the-broker/niba-outlines-broker-concerns-after-record-flood-claimshttps://www.insurancenews.com.au/the-broker/niba-outlines-broker-concerns-after-record-flood-claims<p>The National Insurance Brokers Association says members have expressed a number of concerns over handling of record 2022 flood claims by insurers, as it calls for a &ldquo;standardised approach&rdquo; to be introduced industry wide...</p>Thu, 30 Nov 2023 01:59:57 GMTAdvisr names award finalists https://www.insurancenews.com.au/the-broker/advisr-names-award-finalistshttps://www.insurancenews.com.au/the-broker/advisr-names-award-finalists<p>Advisr, an independent website designed to connect brokers and clients, has announced this year&rsquo;s finalists in its insurance broker awards as it prepares to crown the winners on Tuesday...</p>Thu, 30 Nov 2023 01:59:11 GMTCFC chiefs step down after misconduct probe at companyhttps://www.insurancenews.com.au/the-broker/cfc-chiefs-step-down-after-misconduct-probe-https://www.insurancenews.com.au/the-broker/cfc-chiefs-step-down-after-misconduct-probe-<p>David Walsh and Graeme Newman, cyber specialist CFC&rsquo;s Group and Underwriting CEOs, are leaving the business after a Lloyd&rsquo;s investigation into allegations of non-financial misconduct at the company...</p>Thu, 30 Nov 2023 01:55:40 GMTAlliance Director Renato De Maria permanently banned https://www.insurancenews.com.au/the-broker/alliance-director-renato-de-maria-permanently-bannedhttps://www.insurancenews.com.au/the-broker/alliance-director-renato-de-maria-permanently-banned<p>Alliance Management Group Director Renato De Maria, who is due to appear at the Melbourne Magistrates&rsquo; Court next year for a committal hearing, has been permanently banned from providing any financial service...</p>Thu, 30 Nov 2023 01:50:45 GMTCyber, property headed in opposite directions as conditions diverge: report https://www.insurancenews.com.au/the-broker/cyber-property-headed-in-opposite-directions-as-conditions-diverge-reporthttps://www.insurancenews.com.au/the-broker/cyber-property-headed-in-opposite-directions-as-conditions-diverge-report<p>Financial lines, including cyber, are a &ldquo;bright spot&rdquo; while other major product lines such as property will continue to face challenging conditions, broker WTW says in a North America market update...</p>Thu, 30 Nov 2023 01:49:52 GMT‘Huge step’: NSW brokers assess ESL announcement https://www.insurancenews.com.au/the-broker/huge-step-nsw-brokers-assess-esl-announcementhttps://www.insurancenews.com.au/the-broker/huge-step-nsw-brokers-assess-esl-announcement<p>NSW brokers say the pending abolition of the Emergency Services Levy on insurance will be a game-changer for affordability and underinsurance in the state...</p>Thu, 23 Nov 2023 01:44:26 GMTBusiness NSW warns on unnecessary ‘maximal coverage’ https://www.insurancenews.com.au/the-broker/business-nsw-warns-on-unnecessary-maximal-coveragehttps://www.insurancenews.com.au/the-broker/business-nsw-warns-on-unnecessary-maximal-coverage<p>Small to medium-sized businesses are often paying for unnecessary levels of liability and indemnity cover due to issues including government contract requirements and advice from brokers, a Business NSW report says...</p>Thu, 23 Nov 2023 01:43:38 GMTQBE launches commercial risk management platform https://www.insurancenews.com.au/the-broker/qbe-launches-commercial-risk-management-platformhttps://www.insurancenews.com.au/the-broker/qbe-launches-commercial-risk-management-platform<p>QBE has launched RiskAdvance, a digital risk management platform for commercial property and liability that has been designed for brokers and customers...</p>Thu, 23 Nov 2023 01:42:21 GMTAon wins trade credit dispute over unpaid car parts claim https://www.insurancenews.com.au/the-broker/aon-wins-trade-credit-dispute-over-unpaid-car-parts-claimhttps://www.insurancenews.com.au/the-broker/aon-wins-trade-credit-dispute-over-unpaid-car-parts-claim<p>Aon has won a dispute with an automobile parts business after a claim for more than $200,000 owed by a customer was declined...</p>Thu, 23 Nov 2023 01:36:55 GMTCanopy Insurance launches with Lifestyle Assurance offering https://www.insurancenews.com.au/the-broker/canopy-insurance-launches-with-lifestyle-assurance-offeringhttps://www.insurancenews.com.au/the-broker/canopy-insurance-launches-with-lifestyle-assurance-offering<p>Underwriting agency Canopy Insurance has unveiled its Lifestyle Assurance Package following the launch of its business this month...</p>Thu, 23 Nov 2023 01:36:30 GMTBJS adopts JAVLN’s client and policy management platform https://www.insurancenews.com.au/the-broker/bjs-adopts-javln-s-client-and-policy-management-platformhttps://www.insurancenews.com.au/the-broker/bjs-adopts-javln-s-client-and-policy-management-platform<p>BJS Insurance Group has adopted JAVLN&rsquo;s client and policy management technology to boost broker productivity and data-driven decision-making...</p>Thu, 23 Nov 2023 01:36:05 GMTMarsh, Insurance Advisernet take out ANZIIF NZ awards   https://www.insurancenews.com.au/the-broker/marsh-insurance-advisernet-take-out-anziif-nz-awardshttps://www.insurancenews.com.au/the-broker/marsh-insurance-advisernet-take-out-anziif-nz-awards<p>Marsh New Zealand has been crowned Large Broking Company of the Year for the second time in a row while Insurance Advisernet New Zealand is Broker Network of the Year...</p>Thu, 23 Nov 2023 01:35:37 GMTMcLardy McShane opens Mildura branch https://www.insurancenews.com.au/the-broker/mc-lardy-mc-shane-opens-mildura-branchhttps://www.insurancenews.com.au/the-broker/mc-lardy-mc-shane-opens-mildura-branch<p>McLardy McShane Insurance Brokers has opened a new office in the north-western Victorian city of Mildura...</p>Thu, 23 Nov 2023 01:34:53 GMTNIBA welcomes NSW Government ESL reform https://www.insurancenews.com.au/the-broker/niba-welcomes-nsw-government-esl-reformhttps://www.insurancenews.com.au/the-broker/niba-welcomes-nsw-government-esl-reform<p>The National Insurance Brokers Association has welcomed the NSW Government&rsquo;s announcement today on plans to ditch the current insurance-funded emergency services levy...</p>Thu, 16 Nov 2023 01:54:27 GMTSteadfast sees strong growth from Sure acquisition https://www.insurancenews.com.au/the-broker/steadfast-sees-strong-growth-from-sure-acquisitionhttps://www.insurancenews.com.au/the-broker/steadfast-sees-strong-growth-from-sure-acquisition<p>Steadfast plans to roll out the Sure Insurance offering to other parts of Australia, as the business that it today announced it is acquiring continues to grow strongly in its core market in regional Queensland...</p>Thu, 16 Nov 2023 01:52:01 GMTGallagher acquires regional Victorian broker https://www.insurancenews.com.au/the-broker/gallagher-acquires-regional-victorian-brokerhttps://www.insurancenews.com.au/the-broker/gallagher-acquires-regional-victorian-broker<p>Gallagher Australia has announced the purchase of Edgar Insurance Brokers, a Victorian-based brokerage, as it continues to expand across the state...</p>Thu, 16 Nov 2023 01:50:42 GMT‘Mistakes have been made’, but code delivers unprecedented improvement: NIBA https://www.insurancenews.com.au/the-broker/mistakes-have-been-made-but-code-delivers-unprecedented-improvement-nibahttps://www.insurancenews.com.au/the-broker/mistakes-have-been-made-but-code-delivers-unprecedented-improvement-niba<p>National Insurance Brokers Association CEO Phil Kewin accepts that designing and implementing the 2022 brokers code of practice &ldquo;hasn&rsquo;t been plain sailing&rdquo;, and that &ldquo;mistakes have been made&rdquo; along the way...</p>Thu, 16 Nov 2023 01:49:56 GMTBrokers welcome proposed ‘informed consent’ commission requirement https://www.insurancenews.com.au/the-broker/brokers-welcome-proposed-informed-consent-commission-requirementhttps://www.insurancenews.com.au/the-broker/brokers-welcome-proposed-informed-consent-commission-requirement<p>Proposed advice reforms requiring general insurance risk advisers to obtain &ldquo;informed consent&rdquo; from retail clients giving them the go-ahead to receive a commission for services provided have been welcomed by brokers...</p>Thu, 16 Nov 2023 01:48:32 GMT