Insurance News

1. Cybersecurity sector ‘flying blind’ without strong national strategy

   Co-ordinated leadership and action is needed to steer Australia’s fast-growing cybersecurity industry, according to a new report...

2. Errol’s landward U-turn triggers cyclone pool declaration

   The Australian Reinsurance Pool Corporation has declared Cyclone Errol a covered event after the system intensified to category 4 strength and reversed track to head towards the WA coastline...

3. Telematics app reveals scale of dangerous phone use

   Australians use their phones during one in every seven car trips, putting road users and pedestrians at risk, IAG brand ROLLiN’ says after evaluating more than 18 million kilometres of customer driving data...

4. AFCA finds holes in insurer’s crack claim denial

   Homeowners have successfully challenged their insurer’s denial of a claim lodged after large cracks appeared in walls and ceilings when a broken pipe leaked under the property...

5. Insurers urge brokers to raise transparency in code update

   The Insurance Council of Australia has called for greater remuneration transparency as part of a stronger broking code of practice...