With Australia's premium funding market now exceeding A$9bn ($6bn), there are opportunities to provide additional finance options and greater broker support, according to Oz Premium Finance founder and director Karl Kirsten. Oz Premium Finance is an insurance premium funding start-up.
A new survey of motorists in Western Australia (WA) has revealed some of the worst habits on the road, with tailgating and poor merging topping the list, according to the Royal Automobile Club of Western Australia (RAC WA).
The Council of Australian Life Insurers (CALI) has said that it welcomes a Federal Government ban on the use of genetic test results in insurance underwriting.
Tokio Marine Kiln (TMK) has appointed Ms Stephanie Hong as marine underwriter in APAC. In her new role, she will primarily be focused on deepening TMK's presence in target markets across Asia.
Forvis Mazars has appointed Mr Aidan Khoo as director, management consulting and Ms Kirsty McMillan as partner, tax.
WTW has appointed Mr Ben Di Marco as leader of its new dedicated technology industry practice. He is a cyber and technology risk specialist.
The Independent Code Review Committee has issued its interim report on its review of the General Insurance Code of Practice, which contains 104 recommendations which cover a number of areas, including financial hardship, customer vulnerability, claims handling, enforceability and governance.
Half of Australia's tourism assets are in an elevated risk category, facing considerable climate and natural peril risk, according to the "Climate Risk Index - The impact of climate change on the Australian tourism industry", the first comprehensive, quantitative climate assessment of its kind for Australian tourism.
Zurich Singapore has appointed Mr Edward Rayfield as head of casualty, APAC and Mr Robin Cooper-Driver as head of financial lines, APAC.
Agile, a fast growing underwriting agency, InsurTech and Lloyd's Syndicate company, has established a presence in New Zealand, the first of its kind for a Lloyd's syndicate.