INsight podcast: learning lessons from last year's floods
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
The Insurance Council's decision to commission an external review of last year's massive flood catastrophe is the leading discussion point on the latest edition of the Insurance News podcast ..read more
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AFCA rules on broker v broker communications dispute
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
The Australian Financial Complaints Authority (AFCA) has found in favour of a broker in a dispute over email addresses used to advise a client – who was also a broker – that an insurer had declined to renew his professional indemnity cover ..read more
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Broker-focused travel insurer set for May restart
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
PassportCard Australia, formerly known as TravelCard, is preparing to resume selling travel insurance next month after sealing a long-term underwriting agreement with Guild Insurance ..read more
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ASIC makes changes to breach reporting guidance
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
The Australian Securities and Investments Commission has updated its guidance for breach reporting in response to operational issues that emerged following the start of the regime in October 2021 and has flagged further consultations ..read more
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WTW, Zurich accelerate ties with digital placement for property insurance
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
Broker WTW has enhanced its broking platform with the introduction of digital submission for multinational property insurance, in partnership with Zurich ..read more
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AFCA among top places to work
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
The Australian Financial Complaints Authority has welcomed being named in the top five financial sector workplaces on the Australian Financial Review’s BOSS Best Places to Work list ..read more
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BMS expects M&A activity resurgence after slower start to year
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
Specialist insurance and reinsurance broker BMS expects the global mergers and acquisitions insurance market to pick up after a relatively slow start to the year ..read more
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Marsh launches Fast Track facility
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
Global broker Marsh has announced the launch of Fast Track, an insurance facility aimed at bringing “a substantial amount of additional ‘follow form’ capacity” to its clients across major lines of business ..read more
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FCA cracks down on apartment building insurance practices
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
The UK Financial Conduct Authority is taking a tougher approach on commissions paid in the multi-occupancy building insurance market and proposes improved rights and protections for leaseholders hit by surging premiums following a review ..read more
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Global reinsurer property and casualty premiums rise 9%
Insurance News Magazine
by admin@insurancenews.com.au
1y ago
Reinsurers last year reported strong growth in property and casualty premiums driven by higher pricing and strong demand but total investment returns were “badly affected” by a decline in asset values ..read more
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