insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auPremier hits out as NSW passes scaled-back workers’ comp reformhttps://www.insurancenews.com.au/the-broker/premier-hits-out-as-nsw-passes-scaled-back-workers-comp-reformhttps://www.insurancenews.com.au/the-broker/premier-hits-out-as-nsw-passes-scaled-back-workers-comp-reform<p>The NSW government has warned workers&rsquo; compensation premiums must rise after parliament passed modified reforms that do not include doubling the impairment threshold for psychological injury payouts...</p>Thu, 20 Nov 2025 00:58:55 GMTTime to step up coverage as softening continues: Aonhttps://www.insurancenews.com.au/the-broker/time-to-step-up-coverage-as-softening-continues-aonhttps://www.insurancenews.com.au/the-broker/time-to-step-up-coverage-as-softening-continues-aon<p>Pricing continues to soften, with double-digit rate reductions on property cover in key markets including Australia, Aon says in a third-quarter report...</p>Thu, 20 Nov 2025 00:50:56 GMTShop loses compensation clash with broking gianthttps://www.insurancenews.com.au/the-broker/shop-loses-compensation-clash-with-broking-gianthttps://www.insurancenews.com.au/the-broker/shop-loses-compensation-clash-with-broking-giant<p>A supermarket has failed to win $230,000 compensation from Gallagher, which it accused of causing a blowout in its liability insurance premiums and forecast &ldquo;elevated pricing for seven to 10 years&rdquo;...</p>Thu, 20 Nov 2025 00:50:49 GMTClaimo slams AFCA decision to close Coverforce complaintshttps://www.insurancenews.com.au/the-broker/claimo-slams-afca-decision-to-close-coverforce-complaintshttps://www.insurancenews.com.au/the-broker/claimo-slams-afca-decision-to-close-coverforce-complaints<p>Add-on refund specialist Claimo says consumers have been left &ldquo;without any avenue for redress&rdquo; after the Australian Financial Complaints Authority closed hundreds of disputes &ndash; despite having accepted similar cases in the past...</p>Thu, 20 Nov 2025 00:50:34 GMTInsurance News conference promises intermediary insightshttps://www.insurancenews.com.au/the-broker/insurance-news-conference-promises-intermediary-insightshttps://www.insurancenews.com.au/the-broker/insurance-news-conference-promises-intermediary-insights<p>Tickets are now available for the third Insurance News Outlook conference, which aims to &ldquo;future-proof your brokerage in one focused day&rdquo;...</p>Thu, 20 Nov 2025 00:50:09 GMTNew surety bond underwriter openshttps://www.insurancenews.com.au/the-broker/new-surety-bond-underwriter-openshttps://www.insurancenews.com.au/the-broker/new-surety-bond-underwriter-opens<p>Rhodian Group has created an underwriting agency called Amparo, specialising in surety bonds and backed by Munich Re via Great Lakes Australia...</p>Thu, 20 Nov 2025 00:49:52 GMTInternational skipper cover launches in time for top yacht racehttps://www.insurancenews.com.au/the-broker/international-skipper-cover-launches-in-time-for-top-yacht-racehttps://www.insurancenews.com.au/the-broker/international-skipper-cover-launches-in-time-for-top-yacht-race<p>Marine Skippers Insurance has begun offering protection for captains moving boats internationally to and from Australia...</p>Thu, 20 Nov 2025 00:49:43 GMTNIBA revamps website to create ‘door to the future’https://www.insurancenews.com.au/the-broker/niba-revamps-website-to-create-door-to-the-futurehttps://www.insurancenews.com.au/the-broker/niba-revamps-website-to-create-door-to-the-future<p>The National Insurance Brokers Association has unveiled a new look for its website as part of a push to modernise and improve access for members...</p>Thu, 20 Nov 2025 00:48:09 GMT‘Simply bewildering’: NIBA criticised over pace, transparency of code reviewhttps://www.insurancenews.com.au/the-broker/simply-bewildering-niba-criticised-over-pace-transparency-of-code-reviewhttps://www.insurancenews.com.au/the-broker/simply-bewildering-niba-criticised-over-pace-transparency-of-code-review<p>A consumer group says the National Insurance Brokers Association is taking too long to progress its code review and should urgently prioritise publication of a key report to dispel growing transparency concerns...</p>Thu, 13 Nov 2025 01:20:17 GMTCommission disclosure calls ramp up as consultation continueshttps://www.insurancenews.com.au/the-broker/commission-disclosure-calls-ramp-up-as-consultation-continueshttps://www.insurancenews.com.au/the-broker/commission-disclosure-calls-ramp-up-as-consultation-continues<p>The National Insurance Brokers Association will carry out further code review consultation with members, including on the critical issue of remuneration disclosure...</p>Thu, 13 Nov 2025 01:20:04 GMTAUB ‘has not observed’ premium rate slowdownhttps://www.insurancenews.com.au/the-broker/aub-has-not-observed-premium-rate-slowdownhttps://www.insurancenews.com.au/the-broker/aub-has-not-observed-premium-rate-slowdown<p>AUB Group says premium rates in Australian broking rose 5%-7% in the first quarter and it has &ldquo;confidently&rdquo; reaffirmed its earnings guidance...</p>Thu, 13 Nov 2025 01:19:51 GMTAviso Group names new CEO under shake-uphttps://www.insurancenews.com.au/the-broker/aviso-group-names-new-ceo-under-shake-uphttps://www.insurancenews.com.au/the-broker/aviso-group-names-new-ceo-under-shake-up<p>Aviso Group chief broking officer Jeff Moule has been promoted to CEO under leadership changes that include a stronger focus on the related specialty business, owner Envest says...</p>Thu, 13 Nov 2025 01:13:15 GMTSteadfast raising stake in NZ’s Rothburyhttps://www.insurancenews.com.au/the-broker/steadfast-raising-stake-in-nz-s-rothburyhttps://www.insurancenews.com.au/the-broker/steadfast-raising-stake-in-nz-s-rothbury<p>Steadfast has increased its holding in top-three New Zealand broker Rothbury Group and plans to acquire a majority position in upcoming transactions...</p>Thu, 13 Nov 2025 01:09:31 GMTStart-up to offer transaction, energy covershttps://www.insurancenews.com.au/the-broker/start-up-to-offer-transaction-energy-covershttps://www.insurancenews.com.au/the-broker/start-up-to-offer-transaction-energy-covers<p>New underwriter Longbrook Insurance plans to offer transaction liability and energy cover globally from early next year...</p>Thu, 13 Nov 2025 00:53:50 GMTAon hires senior account directorhttps://www.insurancenews.com.au/the-broker/aon-hires-senior-account-directorhttps://www.insurancenews.com.au/the-broker/aon-hires-senior-account-director<p>Melbourne-based Irene Sinclair has been appointed Aon strategic account director for global and corporate...</p>Thu, 13 Nov 2025 00:51:39 GMTWillis appoints claims strategy leaderhttps://www.insurancenews.com.au/the-broker/willis-appoints-claims-strategy-leaderhttps://www.insurancenews.com.au/the-broker/willis-appoints-claims-strategy-leader<p>Willis has named Louie Clarke as global head of claims strategy and execution...</p>Thu, 13 Nov 2025 00:51:33 GMTGlobal group’s Claims Copilot takes flighthttps://www.insurancenews.com.au/the-broker/global-group-s-claims-copilot-takes-flighthttps://www.insurancenews.com.au/the-broker/global-group-s-claims-copilot-takes-flight<p>Aon has launched an AI-powered platform designed to streamline its claims management processes...</p>Thu, 13 Nov 2025 00:51:25 GMTCoverforce execs leave as business broken uphttps://www.insurancenews.com.au/the-broker/coverforce-execs-leave-as-business-broken-uphttps://www.insurancenews.com.au/the-broker/coverforce-execs-leave-as-business-broken-up<p>Coverforce&rsquo;s CEO Tony Goldsmith and CFO Jitendra Dutt have left the group following a reorganisation that has split the business&rsquo; operations among other Steadfast companies...</p>Thu, 06 Nov 2025 01:27:22 GMT‘Regulation duplication’: NIBA criticises informed consent ruleshttps://www.insurancenews.com.au/the-broker/regulation-duplication-niba-criticises-informed-consent-ruleshttps://www.insurancenews.com.au/the-broker/regulation-duplication-niba-criticises-informed-consent-rules<p>The National Insurance Brokers Association has questioned the value of laws introduced earlier this year forcing brokers to obtain consent for commissions &ndash; but the corporate regulator has no plans to modify or overturn them...</p>Thu, 06 Nov 2025 00:51:11 GMTAFCA data shows broker complaints have soared – but there’s a catchhttps://www.insurancenews.com.au/the-broker/afca-data-shows-broker-complaints-have-soared-but-there-s-a-catchhttps://www.insurancenews.com.au/the-broker/afca-data-shows-broker-complaints-have-soared-but-there-s-a-catch<p>Complaints to the industry ombudsman about general insurance brokers have almost doubled in number, according to the authority&rsquo;s datacube, which counts disputes by product or company...</p>Thu, 06 Nov 2025 00:51:03 GMT