Industry associations

new-ica-figures-underline-importance-of-emergency-services-levy-reform

New ICA data underlines importance of Emergency Services Levy reform for NSW insureds

June 3 2024

ICA data shows ESL adds between AU$305 and AU$1,200 annually for property policies, reinforcing importance of Government's ongoing reform efforts.

Australian Consumers Insurance Lobby calls for reforms to GI Code of Conduct

May 29 2024

ACIL proposes 52 recommendations to Code of Conduct, aiming to close loopholes and improve consumer protections in light of increasing disputes.

Australia’s Insurance Council calls for EV insurers to partner with fire agencies for better data

May 28 2024

Insurers urged to collaborate with fire agencies and governments to tackle EV battery fire risks and improve insurance models.

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.

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