Why Every Business Owner Should Have Business Insurance Coverage
There are plenty of risks when it comes to running your own business. Accidents and incidents can happen from injuries to natural disasters. Having insurance t ...
When and Why You Need Public Liability Insurance for Small Business
If you are a small business owner that makes or sells products or interacts with the general public, it is important to consider obtaining public liability ins ...
Adverse Weather Events to The Sum of $35 Billion For Australians
In the past ten years alone adverse weather events have cost Australians $35 billion. This figure has doubled since the 1970’s and is only set to rise. Having ...
How The Construction Industry Will Be Impacted By The Capacity Crunch?
The Australian construction sector is facing increasing pricing, higher excess levels and restricted insurance cover due to natural disasters and project failu ...
Positive Opportunity For Insurers To Embrace Change
EY Global released their 2021 Global Insurance Outlook report where they suggested there is an opportunity for general insurers to change their business models ...
Flood Damage Extends To $438 Million With Clean Up Well Underway
The insurance costs from the Queensland and New South Wales flooding have extended to an estimated $438 million, as the focus shifts to the clean up and future ...
Climate Change Guidance Draft Released
The Australian Prudential Regulation Authority is also known as the APRA has recently released a draft of their climate change guidance. This guidance ...
$600 Million Dollar Mitigation Program Announced In Budget
The Federal Government Budget included a $600 million mitigation program that will support resilience projects. Prime Minister Scott Morrison identified that t ...
Increased Training On Premium Funding Suggested By Broker Code Committee
The Insurance Brokers Code Compliance Committee, which assists insurance brokers to deliver high quality service standards to consumers, has recently suggested ...
Estimated ASIC Funding Levy Tops $24.7 Million
The estimated levy recovered by The Australian Securities and Investment Commission (ASIC) totals $24.7 million. These funds will be recovered from the general ...
Insurance Companies Join COVID Vaccination Push
Some of Australia’s largest insurance companies are urging eligible staff members to receive a COVID-19 vaccination. With the possibility of offering an employ ...
Suncorp Offering Grants To Rebuild After Natural Disasters
Suncorp pledged 1 million in grants to assist with the rebuilding in remote, rural and regional areas within Australia. In the hopes to rebuild resiliently in ...
Profitability Improves For Global Industry As Rates Increase
According to a report on the results of global firms, insurer and reinsurer combined operating ratios improved in the first half, as rate increases outweighed ...
Insurance Awards Finalists Named By ANZIIF
The finalists for the Australian Industry Awards have been announced by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). AN ...
Buy Now, Pay Later Option For Insurance Introduced By Coverpay
From next month “buy now, pay later” company Coverpay will offer a general insurance product. This will be aimed at consumers and SME’s after raising $2.5 mill ...