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Insurance News

Sterling Insurance Enhances Professional Indemnity Offerings with Lloyd's Binder
Sterling Insurance Enhances Professional Indemnity Offerings with Lloyd's Binder
15 Jun 2026: Paige Estritori
Sterling Insurance has recently secured a new professional indemnity (PI) binding authority with Lloyd's, a development that promises to provide Australian brokers with greater control over product offerings and pricing structures. This strategic move is part of Sterling's ongoing commitment to delivering tailored insurance solutions that meet the specific needs of niche and complex risk sectors. - read more
Navigating the Complexities of Australia's Professional Indemnity Insurance Market
Navigating the Complexities of Australia's Professional Indemnity Insurance Market
15 Jun 2026: Paige Estritori
The professional indemnity (PI) insurance market in Australia has experienced significant fluctuations over the past few years, presenting challenges for professionals across various disciplines. Understanding these market dynamics is crucial for securing appropriate coverage and managing risk effectively. - read more
Cohabit's New Digital Platform Revolutionises Strata Insurance Management
Cohabit's New Digital Platform Revolutionises Strata Insurance Management
15 Jun 2026: Paige Estritori
In a significant advancement for the strata insurance sector, insurtech company Cohabit has unveiled a digital platform designed to streamline the insurance process for strata schemes. This innovative solution allows property owners and managers to review and compare insurance options tailored to their specific buildings, leveraging comprehensive building data to facilitate informed decision-making. - read more
Suncorp's Strategic Move to Grow Strata Insurance Portfolio
Suncorp's Strategic Move to Grow Strata Insurance Portfolio
15 Jun 2026: Paige Estritori
Suncorp, a leading Australian insurer, has announced a strategic initiative to expand its presence in the strata insurance market. By reclassifying its strata insurance line from consumer to commercial, Suncorp aims to consolidate and grow its business in this sector, reflecting a clear strategic move to enhance its offerings for larger strata developments. - read more
Suncorp Bolsters Financial Resilience with $2.4 Billion Reinsurance Deal
Suncorp Bolsters Financial Resilience with $2.4 Billion Reinsurance Deal
15 Jun 2026: Paige Estritori
In a strategic move to enhance its financial resilience, Suncorp has secured a substantial reinsurance agreement valued at $2.4 billion over a five-year period. This agreement, set to commence on June 30, 2026, provides the insurer with $800 million of protection annually, aiming to mitigate the financial impact of escalating natural hazard costs. - read more
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Health Insurance Articles

Understanding Health Insurance: A Starter's Guide for Young Australians
Understanding Health Insurance: A Starter's Guide for Young Australians
Embarking on the journey of understanding health insurance is a pivotal stride for young Australians. It's a proactive step that embodies responsibility for one's well-being and financial foresight. Health insurance can often seem like a complex affair reserved for a future self, but grappling with its intricacies early can be both economically savvy and health-conscious. - read more
Insider Secrets to Finding Cost-Efficient Health Insurance
Insider Secrets to Finding Cost-Efficient Health Insurance
Health insurance in Australia is a crucial aspect of ensuring you and your family receive the medical care needed without facing exorbitant costs. The healthcare system, consisting of both public and private sectors, offers various options to suit different needs and budgets. While the public sector (Medicare) provides essential services, private health insurance offers additional benefits such as faster access to services, choice of doctor, and coverage for services not included in Medicare. - read more
How to Choose the Best Family Health Cover for Your Needs
How to Choose the Best Family Health Cover for Your Needs
With healthcare being a critical aspect of every family's well-being in Australia, securing the right family health insurance is not just a necessity but a responsibility. Recognizing the importance of this safety net is the first step towards safeguarding the future health needs of your loved ones. Balancing comprehensive coverage against affordable premiums can seem overwhelming with a multitude of plans available. - read more
Smart Strategies to Lower Your Health Insurance Premiums
Smart Strategies to Lower Your Health Insurance Premiums
In today's rapidly changing health insurance landscape in Australia, keeping track of costs and coverage can be daunting. Many Australians find themselves grappling with high premiums that seem to increase year after year. - read more
5 Common Mistakes to Avoid When Selecting Family Health Insurance
5 Common Mistakes to Avoid When Selecting Family Health Insurance
Choosing the right family health insurance can feel like navigating a maze. With so many options and factors to consider, it's no wonder many Australians find the process overwhelming. The stakes are high, as the wrong choice could not only impact your family's access to healthcare but also strain your finances. - read more

Knowledgebase
Waiting Period:
The time period that must pass after filing a claim before the insurance coverage becomes effective or benefits are paid.

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