insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auCommercial prices record biggest drop since 2024https://www.insurancenews.com.au/the-broker/commercial-prices-record-biggest-drop-since-2024https://www.insurancenews.com.au/the-broker/commercial-prices-record-biggest-drop-since-2024<p>Australian commercial rates fell 13% in the second quarter, marking the largest reduction since prices began contracting at the start of 2024, Marsh&rsquo;s latest market tracker shows...</p>Thu, 23 Jul 2026 02:12:53 GMTBrokerage boss ‘needs help’ fighting industry giantshttps://www.insurancenews.com.au/the-broker/brokerage-boss-needs-help-fighting-industry-giantshttps://www.insurancenews.com.au/the-broker/brokerage-boss-needs-help-fighting-industry-giants<p>The Federal Court has refused a broker&rsquo;s application to represent her business in its action against Steadfast, QBE and Allianz...</p>Thu, 23 Jul 2026 02:11:18 GMTTiming is everything as jeweller’s watch claim rejectedhttps://www.insurancenews.com.au/the-broker/timing-is-everything-as-jeweller-s-watch-claim-rejectedhttps://www.insurancenews.com.au/the-broker/timing-is-everything-as-jeweller-s-watch-claim-rejected<p>A jeweller has lost a claim dispute with Berkley Insurance after a credit card payment for a watch it sold was later reversed by a bank...</p>Thu, 23 Jul 2026 02:11:07 GMTNIBA invites claims, community excellence award nominationshttps://www.insurancenews.com.au/the-broker/niba-invites-claims-community-excellence-award-nominationshttps://www.insurancenews.com.au/the-broker/niba-invites-claims-community-excellence-award-nominations<p>The National Insurance Brokers Association is accepting applications for two awards &ndash; claims broker and community excellence member of the year...</p>Thu, 23 Jul 2026 02:10:51 GMTHowden launches Australian aviation practicehttps://www.insurancenews.com.au/the-broker/howden-launches-australian-aviation-practicehttps://www.insurancenews.com.au/the-broker/howden-launches-australian-aviation-practice<p>Elizabeth Antoine has been appointed aviation partner at Howden and will establish a practice for the product line in Australia...</p>Thu, 23 Jul 2026 02:10:36 GMTConsumer groups tap ASIC to probe strata brokerhttps://www.insurancenews.com.au/the-broker/consumer-groups-tap-asic-to-probe-strata-brokerhttps://www.insurancenews.com.au/the-broker/consumer-groups-tap-asic-to-probe-strata-broker<p>The Australian Consumers Insurance Lobby has asked the corporate regulator to investigate the &ldquo;apparent unauthorised appointment&rdquo; of a strata broker...</p>Thu, 23 Jul 2026 02:10:21 GMTAllianz Trade promotes surety specialist to APAC rolehttps://www.insurancenews.com.au/the-broker/allianz-trade-promotes-surety-specialist-to-apac-rolehttps://www.insurancenews.com.au/the-broker/allianz-trade-promotes-surety-specialist-to-apac-role<p>Daf Owen will move from Australia to Hong Kong to become Allianz Trade&rsquo;s Asia-Pacific surety business development director...</p>Thu, 23 Jul 2026 02:09:05 GMTCoalition combats SME email breacheshttps://www.insurancenews.com.au/the-broker/coalition-combats-sme-email-breacheshttps://www.insurancenews.com.au/the-broker/coalition-combats-sme-email-breaches<p>Global cyber insurer Coalition has launched a security product designed to help SMEs tackle business email compromise before it causes financial and reputational damage...</p>Thu, 23 Jul 2026 02:08:49 GMTTrowbridge blames ‘broker self-interest’ for code gaps, as consumer groups walk awayhttps://www.insurancenews.com.au/the-broker/trowbridge-blames-broker-self-interest-for-code-gaps-as-consumer-groups-walk-awayhttps://www.insurancenews.com.au/the-broker/trowbridge-blames-broker-self-interest-for-code-gaps-as-consumer-groups-walk-away<p>Industry expert John Trowbridge says brokers should disclose commissions to all clients, arguing limitations in the new draft code of practice reflect &ldquo;broker self-interest&rdquo;...</p>Thu, 16 Jul 2026 02:09:06 GMTNew distribution head at heart of Hollard partnerships pushhttps://www.insurancenews.com.au/the-broker/new-distribution-head-at-heart-of-hollard-partnerships-pushhttps://www.insurancenews.com.au/the-broker/new-distribution-head-at-heart-of-hollard-partnerships-push<p>Hollard says product and underwriting leader Tony Martiniello has become head of distribution &ndash; a newly created role as the insurer accelerates its partnership-driven model...</p>Thu, 16 Jul 2026 02:03:37 GMTMarsh names claims advocacy bosshttps://www.insurancenews.com.au/the-broker/marsh-names-claims-advocacy-headhttps://www.insurancenews.com.au/the-broker/marsh-names-claims-advocacy-head<p>Marsh has appointed Robert Krieski as Pacific head of claims advocacy...</p>Thu, 16 Jul 2026 02:03:27 GMTCyber first in class among private school riskshttps://www.insurancenews.com.au/the-broker/cyber-first-in-class-among-private-school-riskshttps://www.insurancenews.com.au/the-broker/cyber-first-in-class-among-private-school-risks<p>Cyber risk is again the leading concern for non-government schools in Australia this year, and 25% have experienced a breach, an Aon survey has found...</p>Thu, 16 Jul 2026 02:03:15 GMTDual goes global with M&A coverhttps://www.insurancenews.com.au/the-broker/dual-goes-global-with-m-and-a-coverhttps://www.insurancenews.com.au/the-broker/dual-goes-global-with-m-and-a-cover<p>The increasing complexity of corporate deals has prompted Dual to launch a transactional risk offering...</p>Thu, 16 Jul 2026 02:03:01 GMTArtes, Mobius to support forestry standards grouphttps://www.insurancenews.com.au/the-broker/artes-mobius-to-support-forestry-standards-grouphttps://www.insurancenews.com.au/the-broker/artes-mobius-to-support-forestry-standards-group<p>British construction and engineering underwriting agency Artes Specialty and Australian broker Mobius Insurance have become foundational sponsors of ForestFit...</p>Thu, 16 Jul 2026 02:02:45 GMTCFC grows local team amid ‘strong momentum in cyber’https://www.insurancenews.com.au/the-broker/cfc-grows-local-team-amid-strong-momentum-in-cyberhttps://www.insurancenews.com.au/the-broker/cfc-grows-local-team-amid-strong-momentum-in-cyber<p>Gemma Hicks has been appointed cyber development manager for Australia at CFC...</p>Thu, 16 Jul 2026 02:02:32 GMTEmergence names NZ leaderhttps://www.insurancenews.com.au/the-broker/emergence-names-nz-leaderhttps://www.insurancenews.com.au/the-broker/emergence-names-nz-leader<p>Cyber specialist Emergence has promoted New Zealand head of distribution Fraser Walker to be country head...</p>Thu, 16 Jul 2026 02:02:16 GMTDisappointment as NIBA changes tack on remuneration disclosurehttps://www.insurancenews.com.au/the-broker/disappointment-as-niba-changes-tack-on-remuneration-disclosurehttps://www.insurancenews.com.au/the-broker/disappointment-as-niba-changes-tack-on-remuneration-disclosure<p>The Insurance Brokers Code of Practice independent reviewer says he is disappointed the profession&rsquo;s peak body has &ldquo;walked back&rdquo; a previously agreed recommendation to extend remuneration disclosure for small businesses...</p>Thu, 09 Jul 2026 01:57:11 GMTSteadfast bidders secure due diligence extensionhttps://www.insurancenews.com.au/the-broker/steadfast-bidders-secure-due-diligence-extensionhttps://www.insurancenews.com.au/the-broker/steadfast-bidders-secure-due-diligence-extension<p>Steadfast has extended an exclusivity period for the Amwins-Dragoneer consortium to undertake due diligence on their takeover bid...</p>Thu, 09 Jul 2026 01:57:04 GMTHollard pulls commercial motor from broker channelhttps://www.insurancenews.com.au/the-broker/hollard-pulls-commercial-motor-from-broker-channelhttps://www.insurancenews.com.au/the-broker/hollard-pulls-commercial-motor-from-broker-channel<p>Hollard has confirmed its commercial motor product will be withdrawn from the broking distribution channel...</p>Thu, 09 Jul 2026 01:38:25 GMT‘Intense competition’ drives weaker markethttps://www.insurancenews.com.au/the-broker/intense-competition-drives-weaker-markethttps://www.insurancenews.com.au/the-broker/intense-competition-drives-weaker-market<p>The market has moved &ldquo;deeper into the soft phase&rdquo;, driven by abundant insurer capital, investment income, growth budgets, delegated authority expansion and aggressive competition for premium, Bellrock Advisory says...</p>Thu, 09 Jul 2026 01:37:56 GMT