Sedgwick's new framework aims to equip seeks to equip its Australian property loss adjusters with advanced tools and knowledge to improve the claims process.
New data shows a repeat of historic weather events would break records and be far costlier; the Insurance Council of Australia is urging for more to be done.
Roach will commence his new role as President of Marsh Pacific starting from January 2024, when he will take charge of operations across Australia, New Zealand, Fiji, and PNG.
A new report from the Actuaries Institute of Australia shows that rising premiums have plunged 1.24 million households into insurance affordability stress.
OnePath and Zurich have jointly submitted an application to the Federal Court of Australia, with the expected completion of the transfer projected for December 1, 2023.
APRA’s 2023-24 Corporate Plan sets forth strategies to bolster the continuity of financial services amid rising threats, with cyber-attacks and climate-related financial risks both key concern.
The 'General Insurance Claims Handling' framework is an industry-wide collaboration driven by ANZIIF in partnership with ASIC and insurance industry bodies.
'Wysa Assure' offers mental health support for insureds while providing insights to insurers, with MLC Life in Australia the first to roll out the app.
The Australian regulator initiated civil proceedings against IAL and IMA for allegedly misleading customers about loyalty discounts on home insurance policies.
