The new centre uses technology and collaborative insights in efforts to enhance disaster preparedness and customer support across Australia and New Zealand.
A study from the Swiss Re Institute says financial benefits of investing in flood adaptation measures can be up to ten times greater than the costs of rebuilding.
The ICA, ICNZ and other industry groups have jointly written to their respective Prime Ministers calling for the issue to be put on the Commonwealth Business Forum agenda.
Currently, residents of Queensland are paying dual tax on insurance policies and next state government should eliminate stamp duty, says Insurance Council of Australia.
New 2750 home Gold Coast project aims to build on elevated pads, but ICA says this will only complicate and delay construction, adding that "development in areas prone to extreme flood risk should not...