Industry associations

paul-fahey-joins-ica-board-as-non-executive-director

Hollard CEO Fahey joins ICA Board as Non-Executive Director

May 24 2024

Paul Fahey joins ICA Board to fill vacancy left by Richard Enthoven who stepped down after a decade.

ICA appoints Andrew Gill to lead new counter fraud and scams function

May 21 2024

ICA launches new counter fraud function aiming to tackle undetected fraud which is estimated to cost the insurance industry around AU$400m a year.

iag-singapore-life-among-new-un-backed-forum-for-insurance-transition-to-net-zero

IAG, Singlife join UN-backed 'Forum for Insurance Transition to Net Zero' as founding members

April 25 2024

FIT launches with 19 founding members plus a team of legal experts to help navigate antitrust and legal concerns that plagued its predecessor.

australia-life-insurance-breaches-rise-for-third-year-but-impact-significantly-fewer-customers

Australian life insurance code breaches rise for third year, but impact fewer customers

April 9 2024

The Life Insurance Code Compliance Committee reports 9% rise in breaches in 2022-23, but 47% reduction in number of customers impacted.

strata-community-association-fast-tracks-reforms-in-wake-of-insurance-broker-fee-controversy

SCA Australasia fast-tracks strata reforms in wake of insurance broker fee controversy

March 27 2024

SCA accelerates reforms and sets earlier start date for insurance disclosure guide following allegations of excessive brokerage fees by a strata management firm.

kidi-to-support-development-of-risk-assessment-database-in-vietnam

KIDI to support development of risk assessment insurance database in Vietnam

March 25 2024

Korea Insurance Development Institute enhances partnership with VIDI, to help strengthen Vietnam's insurance capabilities.

Insurance Council of New Zealand enhances complaints transparency

March 25 2024

ICNZ collaborates with dispute resolution services to break down complaints data by member.

korea-life-insurers-targets-hybrid-insurance-pension-and-overseas-markets-for-growth-report

Korean Life insurers target hybrid, pension, and overseas markets for growth - report

March 20 2024

KLIA Chairman says industry needs to find new growth opportunities amid declining population and market saturation,

richard-klipin-named-ceo-of-national-insurance-brokers-association

Australia's National Insurance Brokers Association names Richard Klipin as CEO

March 18 2024

Klipin joins from the Financial Services Council of New Zealand (FSC), where he also served as CEO.

LIA Singapore confirms 2024-25 management committee, launches consumer underwriting guide

March 15 2024

The Life Insurance Association renews Management Committee, while launching a consumer guide explaining medical underwriting.

ICA Board appoints Lloyd's Tracey Bryan as Non-Executive Director

March 14 2024

Bryan is Lloyd’s incoming General Representative for Australia.

Insurance brokers must improve reporting practices warns Australian compliance committee

March 6 2024

Insurance brokers face intensified scrutiny from the IBCCC for inaccuracies in reporting, with new guidance issued to improve compliance.

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