Lockton, the world's largest privately-owned insurance brokerage, has launched a digital insurance offering for SMEs and individuals across Australia, the Pacific, and New Zealand.
Boomers and older - those aged 58 and up - are the least likely to be aware of the danger of bushfires, despite having lived through more such fires than any other generation, according to the findings of a survey by Queensland-headquartered insurer Youi.
Aviva Investors, the asset manager of Aviva Group, has appointed Ms Sandra Cheng to the roles of CEO, APAC and head of APAC, distribution. In her new role, she will lead all business development and client relationships in the region.
The average car insurance premium rose to A$1,717 ($1,176), in Australia, an increase of 16% compared to 2023, according to Mozo, a Sydney-headquartered company providing financial comparison services.
Even as the Insurance Council of Australia (ICA) renewed its calls to stop building on floodplains, housing projects on floodplains continue to be approved by the local government authorities.
Nine out of 10 advised clients believe the benefits of financial advice outweigh the costs, the Value of Advice Index has found.
The Insurance Council of Australia (ICA) has released a charter outlining the principles and key actions for addressing the challenges of extreme weather events, as well as disaster preparation, response, and recovery.
HDI Global (HDI) has appointed Mr Jamie Haider as risk engineering manager, Australasia, subject to regulatory approval.
The Insurance Brokers Code Compliance Committee (IBCCC) has called for significant improvements in brokers' disclosure and communication practices, following concerning findings in its latest data report.
The Ardonagh Group, one of the world's largest independent insurance broking platforms, has announced that PSC Insurance Group's shareholders have voted in favour of its proposed A$2.3bn ($1.6bn) acquisition by Ardonagh.