insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auPacific commercial pricing continues to fallhttps://www.insurancenews.com.au/the-broker/pacific-commercial-pricing-continues-to-fallhttps://www.insurancenews.com.au/the-broker/pacific-commercial-pricing-continues-to-fall<p>Commercial rates in the Pacific region fell 11% in the third quarter, according to Marsh&rsquo;s latest Global Insurance Market Index...</p>Thu, 23 Oct 2025 01:38:24 GMTWe should split up ASIC, shadow minister sayshttps://www.insurancenews.com.au/the-broker/we-should-split-up-asic-shadow-minister-sayshttps://www.insurancenews.com.au/the-broker/we-should-split-up-asic-shadow-minister-says<p>Shadow minister for financial services Pat Conaghan says over-regulation is holding back the insurance industry, and the corporate regulator should be split up to enable a more consultative approach...</p>Thu, 23 Oct 2025 01:38:17 GMTIndustry urged to tighten up strata agent agreementshttps://www.insurancenews.com.au/the-broker/industry-urged-to-tighten-up-strata-agent-agreementshttps://www.insurancenews.com.au/the-broker/industry-urged-to-tighten-up-strata-agent-agreements<p>An industry monitor has warned of a &ldquo;hidden vulnerability&rdquo; in strata insurance broking agreements that can leave owners&rsquo; corporations exposed...</p>Thu, 23 Oct 2025 01:38:11 GMTConsumer groups urge state to ‘press ahead’ on strata commission banhttps://www.insurancenews.com.au/the-broker/consumer-groups-urge-state-to-press-ahead-on-strata-commissionshttps://www.insurancenews.com.au/the-broker/consumer-groups-urge-state-to-press-ahead-on-strata-commissions<p>The Australian Consumers Insurance Lobby and property owners have pressed the NSW government to ban strata commissions, saying &ldquo;leadership is essential&rdquo; after a row erupted over the arrangements...</p>Thu, 23 Oct 2025 01:28:41 GMTTime is money in hailstorm disputehttps://www.insurancenews.com.au/the-broker/time-is-money-in-hailstorm-disputehttps://www.insurancenews.com.au/the-broker/time-is-money-in-hailstorm-dispute<p>The owner of a hotel in the NSW Blue Mountains has partially won a dispute with Allianz over costs incurred after a hailstorm...</p>Thu, 23 Oct 2025 00:45:45 GMTNIBA salutes best broker, young broker at awards nighthttps://www.insurancenews.com.au/the-broker/niba-salutes-best-broker-young-broker-at-awards-nighthttps://www.insurancenews.com.au/the-broker/niba-salutes-best-broker-young-broker-at-awards-night<p>Caleb Richards and James Still took out the top broking honours at the NIBA Convention this week...</p>Thu, 23 Oct 2025 00:44:30 GMTAllianz restructures SME team, boosts limitshttps://www.insurancenews.com.au/the-broker/allianz-restructures-sme-team-boosts-limitshttps://www.insurancenews.com.au/the-broker/allianz-restructures-sme-team-boosts-limits<p>Allianz says it has increased its focus on supporting the SME sector and is providing an enhanced service model and products to support brokers and their clients...</p>Thu, 23 Oct 2025 00:44:15 GMTBerkley names new claims leadhttps://www.insurancenews.com.au/the-broker/berkley-names-new-claims-leadhttps://www.insurancenews.com.au/the-broker/berkley-names-new-claims-lead<p>Berkley Insurance Australia has appointed Gareth Edwards as national head of claims...</p>Thu, 23 Oct 2025 00:42:18 GMTCyber insureds warned on fines cover after landmark penaltyhttps://www.insurancenews.com.au/the-broker/cyber-insureds-warned-on-fines-cover-after-landmark-penaltyhttps://www.insurancenews.com.au/the-broker/cyber-insureds-warned-on-fines-cover-after-landmark-penalty<p>The imposition of Australia&rsquo;s first civil penalty for a data breach is a wake-up call to check fines and cost cover in cyber policies, experts at Willis say...</p>Thu, 16 Oct 2025 00:49:05 GMTNIBA all set for sold-out conventionhttps://www.insurancenews.com.au/the-broker/niba-all-set-for-sold-out-conventionhttps://www.insurancenews.com.au/the-broker/niba-all-set-for-sold-out-convention<p>The National Insurance Brokers Association is anticipating a record turnout for its convention, which has officially sold out...</p>Thu, 16 Oct 2025 00:47:41 GMTMarsh drops McLennan in business-wide rebrandhttps://www.insurancenews.com.au/the-broker/marsh-drops-mc-lennan-in-business-wide-rebrandhttps://www.insurancenews.com.au/the-broker/marsh-drops-mc-lennan-in-business-wide-rebrand<p>Marsh McLennan will change its name to Marsh from January and has also created a technology-focused business and client services unit...</p>Thu, 16 Oct 2025 00:31:32 GMTUAA distribution manager to ‘make broker interactions count’https://www.insurancenews.com.au/the-broker/uaa-distribution-manager-to-make-broker-interactions-counthttps://www.insurancenews.com.au/the-broker/uaa-distribution-manager-to-make-broker-interactions-count<p>Underwriting Agencies of Australia has appointed Con Stoitsis as distribution manager &ndash; a role created to &ldquo;elevate&rdquo; broker engagement and sales across the UAA and Mecon brands...</p>Thu, 16 Oct 2025 00:31:05 GMTCGU sets premium threshold for policy referralshttps://www.insurancenews.com.au/the-broker/cgu-sets-premium-threshold-for-referral-policieshttps://www.insurancenews.com.au/the-broker/cgu-sets-premium-threshold-for-referral-policies<p>CGU has changed its underwriting criteria for business and office pack referrals, introducing a $2000 minimum premium requirement...</p>Thu, 16 Oct 2025 00:30:28 GMT360 plugs portfolio gap with Crop Risk dealhttps://www.insurancenews.com.au/the-broker/360-plugs-portfolio-gap-with-crop-risk-dealhttps://www.insurancenews.com.au/the-broker/360-plugs-portfolio-gap-with-crop-risk-deal<p>Agency group 360 Underwriting Solutions has acquired a majority stake in Crop Risk Underwriting...</p>Thu, 16 Oct 2025 00:28:05 GMTJavln makes senior hires to drive growth planhttps://www.insurancenews.com.au/the-broker/javln-makes-senior-hires-to-drive-growth-planhttps://www.insurancenews.com.au/the-broker/javln-makes-senior-hires-to-drive-growth-plan<p>Cloud software company Javln has strengthened its leadership team as it looks to expand in local and international markets including the UK...</p>Thu, 16 Oct 2025 00:27:52 GMTIAG and Ag Guard strike crop cover distribution dealhttps://www.insurancenews.com.au/the-broker/iag-and-ag-guard-strike-crop-cover-distribution-dealhttps://www.insurancenews.com.au/the-broker/iag-and-ag-guard-strike-crop-cover-distribution-deal<p>Ag Guard will manage underwriting for IAG-owned CGU and WFI&rsquo;s crop portfolios from next June...</p>Thu, 16 Oct 2025 00:26:42 GMTArch names business development headhttps://www.insurancenews.com.au/the-broker/arch-names-business-development-headhttps://www.insurancenews.com.au/the-broker/arch-names-business-development-head<p>Melissa Corrigan has been appointed Arch Insurance Australia business development manager, responsible for growth initiatives and broker relationships...</p>Thu, 16 Oct 2025 00:26:23 GMTFlex targets hard-to-place strata riskshttps://www.insurancenews.com.au/the-broker/flex-targets-hard-to-place-strata-riskshttps://www.insurancenews.com.au/the-broker/flex-targets-hard-to-place-strata-risks<p>Strata underwriting agency Flex has launched a product for buildings that struggle to secure cover because of complex risk factors...</p>Thu, 16 Oct 2025 00:25:55 GMTATL opens 24/7 crash hotlinehttps://www.insurancenews.com.au/the-broker/atl-opens-24-7-crash-hotlinehttps://www.insurancenews.com.au/the-broker/atl-opens-24-7-crash-hotline<p>ATL Insurance has launched a 24-hour incident response line for clients involved in road accidents...</p>Thu, 16 Oct 2025 00:25:32 GMTCode committee probes 14-day renewal rule amid breach concernhttps://www.insurancenews.com.au/the-broker/code-committee-probes-14-day-renewal-rule-amid-breach-concernhttps://www.insurancenews.com.au/the-broker/code-committee-probes-14-day-renewal-rule-amid-breach-concern<p>A review of brokers&rsquo; policy renewal processes, with a focus on the obligation to give clients at least 14 days&rsquo; notice, has begun after a sharp rise in code breaches...</p>Thu, 09 Oct 2025 00:56:40 GMT