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Insurance News
Year: Month:

ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Arm ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Arm
10 Jun 2026: Paige Estritori

The Australian Competition and Consumer Commission (ACCC) has recently opposed the proposed acquisition of RAC WA's insurance operations by Insurance Australia Group (IAG). This decision stems from concerns that the merger would significantly reduce competition within Western Australia's insurance sector, potentially leading to higher premiums and diminished service quality for consumers. - read more
BizCover and Zurich Collaborate to Enhance Professional Indemnity Insurance for SMEs BizCover and Zurich Collaborate to Enhance Professional Indemnity Insurance for SMEs
10 Jun 2026: Paige Estritori

BizCover, an online business insurance platform, has expanded its professional indemnity (PI) insurance offerings through a new distribution agreement with Zurich Australia. This partnership enables small and medium-sized enterprises (SMEs) with annual revenues under $7.5 million to access Zurich's PI insurance directly via the BizCover website, with coverage limits of up to $10 million. - read more
Australian Regulators Call for Improved AI Governance in Insurance Australian Regulators Call for Improved AI Governance in Insurance
10 Jun 2026: Paige Estritori

In a recent development, the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have jointly called upon insurers to enhance their artificial intelligence (AI) governance frameworks. This directive underscores the regulators' growing concern over the potential risks associated with the rapid adoption of AI technologies within the insurance sector. - read more
Understanding Insurance Challenges in Australia's Beauty Industry Understanding Insurance Challenges in Australia's Beauty Industry
10 Jun 2026: Paige Estritori

In the Australian beauty industry, professionals such as beauticians, hairdressers, and salon owners are facing significant challenges due to escalating insurance premiums. This trend is largely attributed to a lack of competition among insurers, leading to higher costs and limited options for coverage. - read more
AFL Players Face Loss of Brain Injury Insurance Coverage AFL Players Face Loss of Brain Injury Insurance Coverage
10 Jun 2026: Paige Estritori

As of May 1, 2026, Australian Football League (AFL) players will no longer have insurance coverage for brain injuries under their superannuation policies. This change comes after Zurich Insurance decided to exclude total and permanent disability (TPD) benefits for claims related to traumatic head injuries, concussions, chronic traumatic encephalopathy (CTE), post-concussion syndrome, or any neurological impairments linked to brain injury. - read more
Dynamic Insurance Services Initiates Legal Action Against Major Insurers Dynamic Insurance Services Initiates Legal Action Against Major Insurers
10 Jun 2026: Paige Estritori

Dynamic Insurance Services has filed a competition lawsuit against Steadfast Group, QBE Insurance, and Allianz Australia Insurance, alleging that these companies engaged in coordinated conduct that effectively cut off its access to essential insurance products. The lawsuit, filed in March 2026, claims that Steadfast terminated its network agreement with Dynamic in early 2026, followed by QBE and Allianz ending their arrangements. This sequence of events led to the loss of authorized representatives and significantly impaired Dynamic's ability to operate effectively. - read more
APRA's New Capital Treatment Reforms for Longevity Products APRA's New Capital Treatment Reforms for Longevity Products
10 Jun 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has announced significant reforms to the capital treatment of longevity products, including annuities, aimed at bolstering the sustainability and affordability of retirement income products. These changes are set to take effect from 1 July 2026. - read more
Rising Delays in Income Protection and TPD Claims Processing Rising Delays in Income Protection and TPD Claims Processing
10 Jun 2026: Paige Estritori

Recent findings from the Life Insurance Code Compliance Committee (Life CCC) have revealed a significant increase in delays related to income protection and Total and Permanent Disability (TPD) claims processing. Violations of the industry's standards on timely income protection payments have surged by 67% in the 2024-25 period, raising concerns about the efficiency and reliability of insurers in supporting claimants during critical times. - read more
nib and NobleOak Join Forces to Launch New Life Insurance Offerings nib and NobleOak Join Forces to Launch New Life Insurance Offerings
10 Jun 2026: Paige Estritori

In a significant development for the Australian life insurance market, health fund nib has partnered with NobleOak Life to introduce a suite of new life insurance products. This collaboration aims to provide Australians with enhanced financial protection options, addressing the evolving needs of individuals and businesses alike. - read more
Significant Delays in Income Protection and TPD Claims Raise Industry Concerns Significant Delays in Income Protection and TPD Claims Raise Industry Concerns
10 Jun 2026: Paige Estritori

Recent findings from the Life Insurance Code Compliance Committee (Life CCC) have highlighted a concerning trend in the Australian life insurance industry: a significant increase in delays for income protection and Total and Permanent Disability (TPD) claim payments. In the financial year 2024-25, violations of the industry's code regarding timely income protection payments surged by 67% compared to the previous year, affecting a substantial number of policyholders. - read more
Innovative TPD Insurance Products Aim to Improve Affordability Innovative TPD Insurance Products Aim to Improve Affordability
10 Jun 2026: Paige Estritori

In response to mounting sustainability pressures and the increasing prevalence of mental health-related claims, several life insurers have introduced innovative Total and Permanent Disability (TPD) insurance products designed to enhance affordability and long-term viability. These developments were highlighted during a panel discussion at the recent Entireti Risk Summit Roadshow events, where insurers outlined their latest product offerings aimed at addressing these critical issues. - read more
AFL Players to Lose TPD Insurance Coverage for Brain Injuries AFL Players to Lose TPD Insurance Coverage for Brain Injuries
10 Jun 2026: Paige Estritori

In a significant development affecting Australian Football League (AFL) players, Zurich Insurance has announced changes to its Total and Permanent Disability (TPD) insurance coverage, specifically excluding claims related to brain injuries, including concussions and Chronic Traumatic Encephalopathy (CTE), effective from May 1, 2026. This decision has raised concerns among players and stakeholders about the adequacy of support for athletes facing long-term neurological conditions. - read more
CALI Seeks Exemption for Life Insurers in Lead Generation Regulations CALI Seeks Exemption for Life Insurers in Lead Generation Regulations
10 Jun 2026: Paige Estritori

The Council of Australian Life Insurers (CALI) has recently called for a specific exemption for life insurers from proposed regulatory restrictions on lead generation activities. This move aims to ensure that consumers continue to have access to life insurance products through various channels, including online comparison websites. - read more
Treasury Unveils Draft Regulations for Genetic Test Ban in Life Insurance Treasury Unveils Draft Regulations for Genetic Test Ban in Life Insurance
10 Jun 2026: Paige Estritori

The Australian Treasury has released draft regulations in preparation for the forthcoming ban on the use of adverse genetic test results in life insurance underwriting, set to commence on 8 October 2026. This initiative aims to eliminate genetic discrimination and encourage Australians to undergo potentially life-saving genetic testing without fear of insurance repercussions. - read more
Advancing the Life Insurance Code to Meet Modern Standards Advancing the Life Insurance Code to Meet Modern Standards
10 Jun 2026: Paige Estritori

The Australian life insurance industry is actively supporting the evolution of the Life Insurance Code of Practice to align with regulatory changes and evolving consumer expectations. This initiative underscores the industry's dedication to maintaining trust and delivering value to policyholders. - read more
Introducing Backd: A New Approach to Life Insurance for Young Australians Introducing Backd: A New Approach to Life Insurance for Young Australians
10 Jun 2026: Paige Estritori

In a collaborative effort to make life insurance more accessible to younger Australians, Cover Genius and TAL have launched 'Backd,' an embedded life insurance product designed to integrate seamlessly into existing platforms. - read more
Hostplus and MetLife Strengthen Partnership to Enhance Member Insurance Benefits Hostplus and MetLife Strengthen Partnership to Enhance Member Insurance Benefits
10 Jun 2026: Paige Estritori

Hostplus, a prominent Australian superannuation fund, has announced the extension of its group insurance partnership with MetLife Australia until June 2028. This renewed collaboration aims to elevate servicing models across claims and underwriting, ultimately delivering stronger outcomes for Hostplus members. - read more
Innovative TPD Insurance Products Launched to Address Affordability and Sustainability Innovative TPD Insurance Products Launched to Address Affordability and Sustainability
10 Jun 2026: Paige Estritori

In response to mounting affordability and sustainability pressures in the Total and Permanent Disability (TPD) insurance market, several Australian insurers have introduced innovative product options designed to better meet the evolving needs of consumers. - read more
ABARES Forecasts Significant Decline in Australian Farm Profits ABARES Forecasts Significant Decline in Australian Farm Profits
09 Jun 2026: Paige Estritori

The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has released a report forecasting a substantial decline in broadacre farm profits, projecting a 70% decrease to approximately $65,000 per farm. This downturn is attributed to escalating input costs and persistent drought conditions affecting various regions. - read more
Low Adoption of Cyber Insurance Among Australian Farmers Low Adoption of Cyber Insurance Among Australian Farmers
09 Jun 2026: Paige Estritori

Recent research from WFI Insurance reveals that only 25% of Australian farmers are considering cyber insurance, despite approximately 80% of farms now utilising some form of agricultural technology (agri-tech). This disparity highlights a significant vulnerability within the sector, as increased digitisation exposes farms to potential cyber threats. - read more
Integrating Sustainability into Farm Risk Management Strategies Integrating Sustainability into Farm Risk Management Strategies
09 Jun 2026: Paige Estritori

In the face of increasing climate variability, Australian agriculture is shifting its approach by integrating sustainability into core risk management strategies. This evolution reflects a broader recognition that environmental stewardship is intrinsically linked to the resilience and long-term viability of farming operations. - read more
APRA Intervenes to Freeze Unjustified Premium Increases in Commercial Auto Insurance APRA Intervenes to Freeze Unjustified Premium Increases in Commercial Auto Insurance
09 Jun 2026: Paige Estritori

In March 2026, the Australian Prudential Regulation Authority (APRA) took decisive action to address significant premium hikes in the commercial auto insurance sector. Responding to widespread industry concerns, APRA issued emergency regulations to freeze unjustified baseline premium increases exceeding 25%, pending external review. This intervention aims to protect independent transport operators and logistics enterprises from immediate financial strain. - read more
Emergence Insurance Strengthens Cyber Risk Portfolio with Blue Zebra Acquisition Emergence Insurance Strengthens Cyber Risk Portfolio with Blue Zebra Acquisition
09 Jun 2026: Paige Estritori

Emergence Insurance has announced the acquisition of Blue Zebra's cyber insurance portfolio, marking a significant expansion of its cyber risk offerings in the Australian market. This move is set to bolster Emergence's capabilities in providing comprehensive cyber insurance solutions to businesses across the country. - read more
State Government Initiates Bushfire Mitigation Trials in Urban Fringe Areas State Government Initiates Bushfire Mitigation Trials in Urban Fringe Areas
09 Jun 2026: Paige Estritori

In response to the increasing threat of bushfires in urban fringe areas, a state government has commenced trials of new mitigation measures designed to enhance community safety. These initiatives aim to reduce the risk and impact of bushfires on residential communities situated near bushland. - read more
Key Challenges Facing Australian Insurers in 2026 Key Challenges Facing Australian Insurers in 2026
08 Jun 2026: Paige Estritori

As 2026 unfolds, Australian insurers are grappling with three immediate pressures: rising premium costs and shrinking insurability, ongoing cyber and data risks, and increasing difficulty in hiring and retaining skilled workers. According to industry feedback cited in Gallagher Bassett’s upcoming 'The Carrier Perspective: 2026 Claims Insights' report, premium affordability and insurability have become the leading concerns for insurers, linked to rising inflation, increasing climate-related losses, and regulatory pressures. - read more
QLS Announces 15% Reduction in Professional Indemnity Insurance Levies for 2026/27 QLS Announces 15% Reduction in Professional Indemnity Insurance Levies for 2026/27
08 Jun 2026: Paige Estritori

The Queensland Law Society (QLS) has recently approved a substantial 15% reduction in professional indemnity (PI) insurance levies for the 2026/27 period. This decision is set to provide significant financial relief to legal practitioners throughout Queensland. - read more
ICA Advocates for Structural Reforms to Ensure CSLR Sustainability ICA Advocates for Structural Reforms to Ensure CSLR Sustainability
08 Jun 2026: Paige Estritori

The Insurance Council of Australia (ICA) has called for structural reforms to the Compensation Scheme of Last Resort (CSLR) to address growing funding pressures and enhance consumer protection. This appeal comes in response to a Treasury consultation paper examining the role of professional indemnity insurance in compensation claims. - read more
Markel Introduces Customised Professional Indemnity Insurance Solutions in Australia Markel Introduces Customised Professional Indemnity Insurance Solutions in Australia
08 Jun 2026: Paige Estritori

Markel, the insurance operation within Markel Group Inc., has announced the launch of professional indemnity (PI) insurance solutions in Australia, featuring localised wordings to service a broad range of professions. This strategic move aims to address the growing demand for professional and financial risks (PFR) insurance solutions in the Australian market. - read more
NSW Strengthens Strata Laws to Safeguard Communities NSW Strengthens Strata Laws to Safeguard Communities
08 Jun 2026: Paige Estritori

The New South Wales Government has initiated a series of reforms to the state's strata laws, aiming to bolster transparency and accountability within strata communities. These changes come in the wake of significant fraud incidents that have raised concerns about the governance standards in strata schemes. - read more
CHU Enhances Strata Insurance with Cyber Fraud Protection CHU Enhances Strata Insurance with Cyber Fraud Protection
08 Jun 2026: Paige Estritori

In response to the escalating digital threats facing strata communities, CHU Underwriting Agencies has integrated cyber fraud coverage into its standard residential strata insurance policies. This enhancement provides up to $50,000 for losses resulting from social engineering fraud, a prevalent form of cybercrime where perpetrators impersonate trusted contacts to manipulate payment instructions. - read more
CHU More Than Doubles Strata Insurance Capacity CHU More Than Doubles Strata Insurance Capacity
08 Jun 2026: Paige Estritori

CHU, Australia's leading strata insurance underwriting agency, has significantly increased its capacity to insure larger residential and commercial strata developments. The company has raised its maximum single risk capacity from $300 million to $690 million, more than doubling its previous limit. - read more
ACCC Halts IAG's Bid to Acquire RAC Insurance ACCC Halts IAG's Bid to Acquire RAC Insurance
08 Jun 2026: Paige Estritori

The Australian Competition and Consumer Commission (ACCC) has recently opposed the proposed acquisition of RAC Insurance by Insurance Australia Group (IAG). This decision stems from concerns that the merger could significantly reduce competition in Western Australia's insurance market, potentially leading to higher premiums for consumers. - read more
New AI-Powered Cyber Insurance Launched for Australian SMEs New AI-Powered Cyber Insurance Launched for Australian SMEs
08 Jun 2026: Paige Estritori

In a significant development for Australian small and medium-sized enterprises (SMEs), Cowbell, a cyber and specialty insurance provider, has partnered with Zurich Australian Insurance to introduce 'Prime One'. This AI-driven cyber insurance product is specifically designed to address the unique challenges faced by SMEs in the digital landscape. - read more
Australian Insurers Face Market Pressure Amid AI Disruption Fears Australian Insurers Face Market Pressure Amid AI Disruption Fears
08 Jun 2026: Paige Estritori

Recent developments in artificial intelligence (AI) have sparked concerns about potential disruptions in the insurance industry, leading to notable declines in the share prices of major Australian insurers such as Insurance Australia Group (IAG), Suncorp, and QBE. Investors are increasingly wary of how AI technologies might reshape traditional insurance models, potentially affecting profitability and market dynamics. - read more
Softening Trends in Australia's Commercial Insurance Market During H1 2026 Softening Trends in Australia's Commercial Insurance Market During H1 2026
08 Jun 2026: Paige Estritori

The Australian commercial insurance market has experienced a notable softening in the first half of 2026, characterised by increased competition and stabilised premiums across various lines. This trend offers both opportunities and challenges for small to medium-sized enterprises (SMEs) seeking office insurance solutions. - read more
Vero's 2026 SME Insurance Index Uncovers Critical Risk Management Disparities Vero's 2026 SME Insurance Index Uncovers Critical Risk Management Disparities
08 Jun 2026: Paige Estritori

Vero's 2026 SME Insurance Index has unveiled significant disparities in risk management practices between small and large Australian businesses, raising concerns about insurance preparedness among SMEs. - read more
IAG Enhances Reinsurance Strategy with RACQI Integration in 2026 IAG Enhances Reinsurance Strategy with RACQI Integration in 2026
08 Jun 2026: Paige Estritori

Insurance Australia Group (IAG) has successfully integrated RACQ Insurance (RACQI) into its 2026 catastrophe reinsurance program, marking a significant milestone in the company's strategic growth initiatives. - read more
Allianz Partners Strengthens Australian Presence with nib Acquisition Allianz Partners Strengthens Australian Presence with nib Acquisition
07 Jun 2026: Paige Estritori

In a significant development within the Australian travel insurance industry, Allianz Partners has announced the acquisition of a substantial portion of nib Group's travel insurance portfolio in Australia and New Zealand. This strategic move, valued at up to A$50 million, marks a pivotal expansion for Allianz Partners in the Asia-Pacific region. - read more
Freely Launches Tailored Travel Insurance Plans for Australians Freely Launches Tailored Travel Insurance Plans for Australians
07 Jun 2026: Paige Estritori

Freely Travel Insurance has unveiled three innovative travel insurance plans designed to cater to the varied needs of Australian travellers. The newly introduced plans—Essentials, Explorer, and Explorer Pro—offer different levels of coverage, ensuring that individuals can select a policy that aligns with their specific travel requirements and budgets. - read more
Europ Assistance Australia Gains APRA Approval to Underwrite Travel Insurance Europ Assistance Australia Gains APRA Approval to Underwrite Travel Insurance
07 Jun 2026: Paige Estritori

Europ Assistance Australia (EAA) has achieved a significant milestone by obtaining a general insurance licence from the Australian Prudential Regulation Authority (APRA). This authorisation enables EAA to underwrite its own travel insurance products, marking a pivotal step in its commitment to the Australian market. - read more
HESTA's 12% Insurance Fee Reduction: What It Means for Real Estate Professionals HESTA's 12% Insurance Fee Reduction: What It Means for Real Estate Professionals
07 Jun 2026: Paige Estritori

HESTA, a leading superannuation fund, has announced a significant reduction in insurance fees, averaging 12% across all cover types, effective from 1 July 2026. This initiative aims to provide more accessible and affordable insurance coverage for its members, including real estate professionals who rely on comprehensive protection. - read more
IAG's $505 Million Profit: Navigating Weather Challenges in the Insurance Sector IAG's $505 Million Profit: Navigating Weather Challenges in the Insurance Sector
07 Jun 2026: Paige Estritori

Insurance Australia Group (IAG), a prominent player in the Australian insurance market, has reported a net profit after tax of $505 million for the first half of the 2026 financial year. This figure represents a decrease from the $778 million recorded in the corresponding period of the previous year, primarily due to the impact of severe seasonal weather events. - read more
Suncorp's $2.4 Billion Reinsurance Deal: Implications for the Insurance Market Suncorp's $2.4 Billion Reinsurance Deal: Implications for the Insurance Market
07 Jun 2026: Paige Estritori

Suncorp, a leading Australian general insurer, has successfully secured up to $2.4 billion in reinsurance protection over a five-year period. This strategic move has positively influenced the company's fiscal 2026 growth outlook, leading to a significant surge in its share value. - read more
ICA Advocates for Overhaul of Civil Liability Laws to Ease Insurance Burden ICA Advocates for Overhaul of Civil Liability Laws to Ease Insurance Burden
07 Jun 2026: Paige Estritori

The Insurance Council of Australia (ICA) has recently called for urgent reforms to outdated state and territory civil liability laws, highlighting their significant contribution to the rising insurance costs faced by small businesses and community organisations. These laws, many of which have not been reviewed in nearly 25 years, are increasingly seen as inadequate in addressing the complexities of modern liability claims. - read more
ACCC Approves Uniting Church's National Insurance Purchasing Program ACCC Approves Uniting Church's National Insurance Purchasing Program
07 Jun 2026: Paige Estritori

The Australian Competition and Consumer Commission (ACCC) has granted a six-year authorisation for the Uniting Church's national insurance purchasing program, a move anticipated to reduce premiums and deliver better outcomes for the organisation's diverse operations. - read more
NSW Court Decision Escalates Liability Risks for Construction Sector NSW Court Decision Escalates Liability Risks for Construction Sector
07 Jun 2026: Paige Estritori

A recent landmark ruling in New South Wales has significantly altered the liability landscape for the construction industry. The court's decision removes the ability for developers and builders to rely on proportionate liability defences under the Design and Building Practitioners Act 2020 (DBP Act), thereby increasing their exposure to claims related to building defects. - read more
ARPC's Revised Cyclone Premiums Reward SME Risk Mitigation Efforts ARPC's Revised Cyclone Premiums Reward SME Risk Mitigation Efforts
07 Jun 2026: Paige Estritori

The Australian Reinsurance Pool Corporation (ARPC) has announced revised premium rates for its Cyclone Reinsurance Pool, set to take effect on April 1, 2026. A notable feature of these revisions is the introduction of premium discounts for small and medium-sized enterprises (SMEs) that have undertaken specific risk mitigation activities. - read more
Softening Trends in Australia's Commercial Insurance Market During H1 2026 Softening Trends in Australia's Commercial Insurance Market During H1 2026
07 Jun 2026: Paige Estritori

The Australian commercial insurance market has experienced a notable softening throughout the first half of 2026, characterized by competitive pricing and increased insurer capacity. This trend is largely attributed to improved insurer profitability post-COVID-19, stabilized reinsurance conditions, and a global capital surplus intensifying competition. - read more
Suncorp's Strategic Reinsurance Agreement Enhances Financial Stability Suncorp's Strategic Reinsurance Agreement Enhances Financial Stability
07 Jun 2026: Paige Estritori

In a significant move to bolster its financial resilience, Suncorp has secured a comprehensive five-year reinsurance agreement, effective from June 30, 2026. This arrangement provides the insurer with $800 million in annual protection, culminating in a total coverage of $2.4 billion over the duration of the contract. - read more
NSW Implements Transparency Reforms to Streamline Strata Insurance Claims NSW Implements Transparency Reforms to Streamline Strata Insurance Claims
07 Jun 2026: Paige Estritori

New South Wales has introduced transparency reforms in the strata sector aimed at improving governance and reducing disputes in insurance claims. These reforms address issues such as high premiums and opaque fees, fostering a more transparent and efficient strata management environment. - read more
ASIC Calls on Insurers to Enhance Cyber Security in Response to AI Threats ASIC Calls on Insurers to Enhance Cyber Security in Response to AI Threats
07 Jun 2026: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has issued a stark warning to the insurance sector, emphasising the urgent need to strengthen cyber defences in light of escalating threats posed by artificial intelligence (AI). In a recent open letter, ASIC Commissioner Simone Constant highlighted that the advent of advanced AI technologies has fundamentally altered the cyber threat landscape, necessitating immediate and decisive action from insurers. - read more
Comprehensive All-Risk Insurance Now Available for Large-Scale Australian Farms Comprehensive All-Risk Insurance Now Available for Large-Scale Australian Farms
07 Jun 2026: Paige Estritori

In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has unveiled an all-risk farm insurance package specifically designed for large commercial farming operations. This initiative aims to address the complex and evolving needs of the agricultural industry by offering comprehensive coverage that encompasses various aspects of farm operations. - read more
Strategic Insurance Planning Essential for Australian Farmers Facing Rising Premiums Strategic Insurance Planning Essential for Australian Farmers Facing Rising Premiums
07 Jun 2026: Paige Estritori

With Australian farm incomes under pressure and insurance premiums rising by up to 40% in some regions, agricultural leaders are urging producers to move away from a 'set and forget' mentality. In today's climate, being strategic with your insurance is no longer just a recommendation—it is a vital business necessity. - read more
NRMA's Exit from Farm Insurance: What It Means for Australian Farmers NRMA's Exit from Farm Insurance: What It Means for Australian Farmers
07 Jun 2026: Paige Estritori

Urgent Update for Australian Farmers: NRMA Exits Farm Insurance Market—Here’s Your Trusted Alternative - read more
Rising Insurance Costs Impact Transport and Construction Sectors Rising Insurance Costs Impact Transport and Construction Sectors
07 Jun 2026: Paige Estritori

Recent analyses indicate that Australian transport and construction industries are encountering substantial increases in insurance premiums, driven by overarching macroeconomic factors rather than individual business performance. - read more
Soft Market Conditions Persist in Australian Commercial Insurance Soft Market Conditions Persist in Australian Commercial Insurance
07 Jun 2026: Paige Estritori

The Australian commercial insurance market has maintained a soft stance through the first half of 2026, characterized by competitive pricing and expanded insurer capacity. This trend is attributed to improved insurer profitability, stabilized reinsurance conditions, and a global surplus of capital, leading to heightened competition and downward pressure on premiums across various insurance classes. - read more
Insurance Council Proposes Reforms to Strengthen Small Business Resilience Insurance Council Proposes Reforms to Strengthen Small Business Resilience
07 Jun 2026: Paige Estritori

The Insurance Council of Australia (ICA) has recently submitted proposals to the Parliamentary Joint Committee's inquiry into small business insurance, advocating for reforms aimed at bolstering the resilience of Australia's 2.5 million small businesses. These enterprises, which employ nearly half of the private sector workforce, are facing mounting pressures from extreme weather events, inflation, and regulatory complexities that are driving up insurance premiums. - read more
NSW Introduces Strata Law Reforms to Strengthen Community Protections NSW Introduces Strata Law Reforms to Strengthen Community Protections
06 Jun 2026: Paige Estritori

The New South Wales (NSW) Government has initiated a series of reforms to modernise strata regulations, aiming to bolster transparency and accountability within strata management. These changes are designed to provide greater protection for property owners and enhance the governance standards of strata schemes. - read more
EML Group's Strategic Acquisition of Guild Insurance EML Group's Strategic Acquisition of Guild Insurance
06 Jun 2026: Paige Estritori

In a significant move within the Australian insurance landscape, EML Group has acquired a 70% stake in Guild Insurance. This strategic partnership is poised to unlock new growth avenues and accelerate the development of technological and artificial intelligence capabilities within the industry. - read more
APRA's Enhanced Capital Requirement for Sovereign Insurance Australia APRA's Enhanced Capital Requirement for Sovereign Insurance Australia
06 Jun 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has mandated an additional $2 million capital requirement for Sovereign Insurance Australia, citing significant deficiencies in the company's risk management framework and operational risk management practices. - read more
IAG's Strategic Vision: Ambition 2030 Targets $25 Billion GWP IAG's Strategic Vision: Ambition 2030 Targets $25 Billion GWP
06 Jun 2026: Paige Estritori

Insurance Australia Group (IAG) has unveiled its 'Ambition 2030' strategy, setting a goal to achieve over $25 billion in gross written premium (GWP) by the year 2030. This ambitious plan also includes expanding its customer base to more than 11 million individuals. The announcement was made during IAG's Investor Day in Sydney, where the company outlined its refreshed long-term financial targets and strategic initiatives. - read more
Regulators Target Sustainability in TPD Insurance Products Regulators Target Sustainability in TPD Insurance Products
06 Jun 2026: Paige Estritori

The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) are intensifying efforts to address sustainability issues within Total and Permanent Disability (TPD) insurance products. During a recent roundtable discussion, both regulators emphasized the need for life insurers to manage challenges arising from TPD offerings across retail and group insurance channels. - read more
Significant Rise in Income Protection Claim Delays Raises Industry Concerns Significant Rise in Income Protection Claim Delays Raises Industry Concerns
06 Jun 2026: Paige Estritori

Recent findings from the Life Insurance Code Compliance Committee (Life CCC) have revealed a concerning 67% increase in breaches related to delayed income protection payments by life insurers. This surge highlights ongoing challenges within the industry in meeting the standards set forth in the Life Insurance Code of Practice, particularly regarding the timely processing of claims. - read more
Allianz Adjusts Broker Commissions in Response to Industry Challenges Allianz Adjusts Broker Commissions in Response to Industry Challenges
06 Jun 2026: Paige Estritori

In a strategic move to maintain the sustainability of its home and landlord insurance portfolios, Allianz has announced a reduction in broker commissions. Effective from July 1, 2026, the maximum commission rate payable to brokers will decrease from 17.5% to 15%, with a further reduction to 12.5% slated for July 1, 2027. - read more
IAG Reports Financial Performance Amidst Rising Claims IAG Reports Financial Performance Amidst Rising Claims
06 Jun 2026: Paige Estritori

Insurance Australia Group (IAG) has reported a net profit after tax of AU$505 million for the first half of the 2026 financial year, a decrease from AU$778 million in the same period of 2025. This decline is primarily attributed to increased claims resulting from severe weather events, including the impact of Ex-Tropical Cyclone Alfred and other significant weather-related incidents. - read more
Impact of Victorian Bushfires on Insurance Premiums Impact of Victorian Bushfires on Insurance Premiums
06 Jun 2026: Paige Estritori

Recent bushfires in Victoria have caused significant devastation, leading to a surge in insurance claims and raising concerns about the affordability of insurance premiums for property owners. The Insurance Council of Australia (ICA) has declared the Victorian fires a catastrophic event, with over 2,600 claims filed, nearly half of which pertain to commercial properties, including farms. - read more
Canstar Announces 2026 Landlord Insurance Award Winners Canstar Announces 2026 Landlord Insurance Award Winners
06 Jun 2026: Paige Estritori

Canstar, a leading financial comparison site, has announced the winners of its 2026 Landlord Insurance Awards, recognizing providers that offer outstanding value to Australian property investors. The awards assess a range of factors, including cost, coverage options, and customer service, to help landlords make informed decisions about their insurance needs. - read more
Comprehensive Coverage: Harland Green's New All-Risk Insurance for Large Farms Comprehensive Coverage: Harland Green's New All-Risk Insurance for Large Farms
05 Jun 2026: Paige Estritori

In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has unveiled an all-risk farm insurance package specifically designed for large commercial farming operations. This initiative aims to address the complex and evolving needs of the agricultural industry by offering comprehensive coverage that encompasses various aspects of farm operations. - read more
Integrating Sustainability: A New Focus in Australian Farm Risk Management Integrating Sustainability: A New Focus in Australian Farm Risk Management
05 Jun 2026: Paige Estritori

In the face of increasing climate volatility, Australian farmers are shifting their approach to risk management by integrating sustainability into their core business strategies. This evolution reflects a broader recognition that environmental stewardship and economic resilience are deeply interconnected. - read more
IAG's 'Ambition 2030' Strategy: Aiming for AU$25 Billion GWP IAG's 'Ambition 2030' Strategy: Aiming for AU$25 Billion GWP
05 Jun 2026: Paige Estritori

Insurance Australia Group (IAG), a leading general insurer in Australia and New Zealand, has announced an ambitious growth strategy titled 'Ambition 2030'. This plan sets forth the company's objectives to expand its customer base to over 11 million and achieve a gross written premium (GWP) exceeding AU$25 billion by the year 2030. - read more
Unprecedented Rise in Mental Health TPD Claims Pressures Super Funds Unprecedented Rise in Mental Health TPD Claims Pressures Super Funds
05 Jun 2026: Paige Estritori

Australia is witnessing a significant increase in mental health-related Total and Permanent Disability (TPD) claims, particularly within superannuation funds. This surge has led to calls for more efficient processing and faster payouts to support individuals facing mental health challenges. - read more
HESTA's 12% Insurance Fee Reduction: What It Means for Fitness Professionals HESTA's 12% Insurance Fee Reduction: What It Means for Fitness Professionals
05 Jun 2026: Paige Estritori

In a significant move to support its members, HESTA has announced an average 12% reduction in insurance fees across all cover types, effective from 1 July 2026. This initiative is part of a broader strategy to provide more accessible and affordable insurance coverage for its members, many of whom are professionals in the fitness industry. - read more
EML's Strategic Acquisition of Guild Insurance: Implications for the Industry EML's Strategic Acquisition of Guild Insurance: Implications for the Industry
05 Jun 2026: Paige Estritori

In a strategic move within the Australian insurance sector, EML Group has acquired a majority stake in Guild Insurance. This partnership is set to open up growth opportunities and accelerate the development of technology and artificial intelligence within the industry. - read more
IAG Reports $505 Million Profit Amidst Severe Weather Challenges IAG Reports $505 Million Profit Amidst Severe Weather Challenges
05 Jun 2026: Paige Estritori

Insurance Australia Group (IAG), one of Australia's leading insurers, has reported a net profit after tax of $505 million for the first half of the 2026 financial year. This performance reflects the company's resilience and strategic management amidst significant challenges posed by severe seasonal weather events. - read more
Navigating Rising Input Costs in Australia's Construction Industry Navigating Rising Input Costs in Australia's Construction Industry
05 Jun 2026: Paige Estritori

Australia's construction sector is currently grappling with significant challenges as rising input costs impact project budgets and timelines. Factors contributing to this trend include: - read more
ICA Calls for Investment in Hard Mitigation Infrastructure Amid Disaster Fund Applications ICA Calls for Investment in Hard Mitigation Infrastructure Amid Disaster Fund Applications
05 Jun 2026: Paige Estritori

The Insurance Council of Australia (ICA) is advocating for a strategic focus on hard mitigation infrastructure as the federal government's Disaster Ready Fund opens its fourth round of applications. With up to $142.5 million available, the ICA emphasises the importance of investing in physical projects that directly reduce disaster risks. - read more
Zurich's Acquisition of ClearView Wealth Gains ACCC Approval Zurich's Acquisition of ClearView Wealth Gains ACCC Approval
05 Jun 2026: Paige Estritori

The Australian Competition and Consumer Commission (ACCC) has granted approval for Zurich Financial Services to acquire ClearView Wealth, a move that signifies a notable consolidation within the Australian insurance industry. This acquisition is poised to reshape the competitive landscape, with potential implications for policyholders and the broader market. - read more
Addressing Human Factors in Rising Australian Truck Insurance Claims Addressing Human Factors in Rising Australian Truck Insurance Claims
04 Jun 2026: Paige Estritori

Gallagher's recent guidance for Australia's heavy vehicle sector identifies fatigue, inattention, distraction, and inappropriate speed as major contributors to truck incidents and related insurance claims. This analysis is based on recent crash data and regulatory expectations, highlighting the need for comprehensive risk management strategies within the transport industry. - read more
Hostplus and MetLife Extend Partnership to Strengthen Member Insurance Offerings Hostplus and MetLife Extend Partnership to Strengthen Member Insurance Offerings
03 Jun 2026: Paige Estritori

Hostplus, a leading Australian superannuation fund, has announced the extension of its group insurance partnership with MetLife Australia until June 2028. This strategic move aims to enhance the insurance benefits available to Hostplus members, reflecting the fund's commitment to providing comprehensive and cost-effective coverage. - read more
Nautilus Marine Insurance Celebrates 21 Years with New Brand Identity and Team Expansion Nautilus Marine Insurance Celebrates 21 Years with New Brand Identity and Team Expansion
03 Jun 2026: Paige Estritori

Nautilus Marine Insurance, a leading provider in Australia's marine insurance sector, has marked its 21st anniversary by unveiling a refreshed brand identity and expanding its team with strategic appointments. This evolution underscores the company's commitment to growth and its dedication to serving the marine community. - read more
Zurich Introduces AI-Powered Cyber Insurance Solution for Australian Businesses Zurich Introduces AI-Powered Cyber Insurance Solution for Australian Businesses
03 Jun 2026: Paige Estritori

Zurich Financial Services Australia has unveiled 'Prime One', a cutting-edge cyber insurance product designed to bolster the digital resilience of Australian businesses. Developed in partnership with Cowbell, a specialist in adaptive cyber and specialty insurance solutions, 'Prime One' leverages artificial intelligence to streamline the underwriting process, offering rapid and tailored coverage. - read more
Government Unveils Major NDIS Reforms Targeting Over $36 Billion in Savings Government Unveils Major NDIS Reforms Targeting Over $36 Billion in Savings
03 Jun 2026: Paige Estritori

The Australian government has announced substantial reforms to the National Disability Insurance Scheme (NDIS) as part of the 2026 federal budget, aiming to save more than $36 billion over the next four years. These changes are intended to curb the scheme's rapid growth and ensure its sustainability, while refocusing support on individuals with significant and permanent disabilities. - read more
New TPD Insurance Products Aim to Improve Affordability and Sustainability New TPD Insurance Products Aim to Improve Affordability and Sustainability
03 Jun 2026: Paige Estritori

In response to escalating claims costs and sustainability concerns, Australian insurers have unveiled innovative Total and Permanent Disability (TPD) insurance products designed to enhance affordability and long-term viability. These developments were highlighted during the recent Entireti Risk Summit Roadshow events, where industry leaders discussed new product designs aimed at addressing these pressing issues. - read more
EML Report Projects Significant Rise in Superannuation Income Protection Claims EML Report Projects Significant Rise in Superannuation Income Protection Claims
03 Jun 2026: Paige Estritori

EML has released a new white paper titled 'The Complexity Premium,' offering insights into the future of income protection claims within the superannuation industry. The report projects a 19% increase in such claims over the next decade, primarily due to tightening eligibility criteria for psychological injuries in the Victorian workers' compensation scheme. - read more
Cbus Super Fined for Delays in Death and Disability Insurance Claims Processing Cbus Super Fined for Delays in Death and Disability Insurance Claims Processing
03 Jun 2026: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has imposed a $23.5 million fine on Cbus Super for significant delays in processing death and disability insurance claims. The superannuation fund has also agreed to pay $32 million in compensation to 7,402 affected individuals. - read more
APRA's New Capital Framework to Boost Retirement Income Products APRA's New Capital Framework to Boost Retirement Income Products
03 Jun 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has finalised amendments to its prudential standards concerning the capital treatment of longevity products, including annuities. These reforms, set to take effect on 1 July 2026, are designed to bolster the market for retirement income products by aligning capital requirements more closely with the long-term nature of these liabilities. - read more
APRA and ASIC Highlight Urgent Need for TPD Insurance Reforms APRA and ASIC Highlight Urgent Need for TPD Insurance Reforms
03 Jun 2026: Paige Estritori

In a recent roundtable discussion, the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) emphasised the pressing need for life insurers to address sustainability challenges within the Total and Permanent Disability (TPD) insurance market. The regulators highlighted that without proactive measures, consumers could face higher premiums or reduced coverage options. - read more
Surge in TPD and Disability Claims Fuels Life Insurance Disputes Surge in TPD and Disability Claims Fuels Life Insurance Disputes
03 Jun 2026: Paige Estritori

Recent data from the Australian Prudential Regulation Authority (APRA) indicates that Total and Permanent Disability (TPD) and disability income insurance claims account for 88% of all life insurance disputes. This trend highlights the increasing complexity and volume of claims, particularly those related to mental health conditions. - read more
Ongoing Challenges in Life Insurance Service Standards Ongoing Challenges in Life Insurance Service Standards
03 Jun 2026: Paige Estritori

The Financial Rights Legal Centre (FRLC) has raised concerns regarding the life insurance sector's adherence to service standards, highlighting persistent issues such as claim delays and discriminatory practices. Despite generally high claim acceptance rates, certain groups continue to face significant challenges during the claims process. - read more
NEOS Unveils Futura Protection to Streamline Life Insurance NEOS Unveils Futura Protection to Streamline Life Insurance
03 Jun 2026: Paige Estritori

NEOS, a prominent player in the Australian life insurance market, has launched Futura Protection, a new platform designed to simplify the insurance process for financial advisers and their clients. This initiative aims to address the industry's challenges related to complexity and high costs. - read more
Significant Increases in Super Insurance Premiums Announced Significant Increases in Super Insurance Premiums Announced
03 Jun 2026: Paige Estritori

AustralianSuper, the nation's largest superannuation fund, has recently informed its members of impending substantial increases in insurance premiums. Effective from May 30, 2026, life insurance premiums will rise by 20%, while total and permanent disability (TPD) cover premiums are set to surge by 40%. Additionally, premiums for optional covers, such as income protection insurance, will increase by up to 38%. - read more
Regulators Call for Action on TPD Insurance Sustainability Regulators Call for Action on TPD Insurance Sustainability
03 Jun 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have recently convened a joint CEO roundtable to address mounting sustainability pressures in the Total and Permanent Disability (TPD) insurance market. This meeting brought together senior representatives from 19 life insurers and reinsurers, as well as officials from Treasury and the Council of Australian Life Insurers. - read more
Surge in Disputes Over TPD and Disability Insurance Claims Surge in Disputes Over TPD and Disability Insurance Claims
03 Jun 2026: Paige Estritori

Recent data from the Australian Prudential Regulation Authority (APRA) reveals a notable rise in disputes related to Total and Permanent Disability (TPD) and disability income insurance (DII) claims. In the 12 months ending December 2025, life insurance claims for regulated funds totalled 117,219, a slight decrease from the previous year. However, the number of disputed claims increased by 13.7%, reaching 11,207 compared to 9,851 in the prior period. - read more
Fair Work Commission Enforces Fuel Cost Recovery Measures for Transport Operators Fair Work Commission Enforces Fuel Cost Recovery Measures for Transport Operators
01 Jun 2026: Paige Estritori

The Fair Work Commission (FWC) has implemented a mandatory fuel cost recovery order, effective from 21 April 2026, to address the escalating fuel expenses burdening Australia's transport sector. This directive mandates that all parties within the road transport contract chain adjust their rates fortnightly or bi-monthly, ensuring that transport operators can recuperate the increased fuel costs incurred since 6 March 2026. - read more
Trucking Industry Seeks Immediate Support to Mitigate Fuel Price Impact Trucking Industry Seeks Immediate Support to Mitigate Fuel Price Impact
01 Jun 2026: Paige Estritori

The Australian trucking industry is facing unprecedented challenges as soaring fuel prices threaten the viability of many transport operators. Industry leaders are urgently calling for financial relief measures to prevent widespread business closures and maintain the integrity of the nation's supply chain. - read more
Regulatory Bodies Advocate for TPD Insurance Reforms Amid Mental Health Claim Surge Regulatory Bodies Advocate for TPD Insurance Reforms Amid Mental Health Claim Surge
01 Jun 2026: Paige Estritori

In a recent joint CEO roundtable, the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) highlighted pressing concerns regarding Total and Permanent Disability (TPD) insurance. The discussion centered on the escalating frequency and complexity of mental health-related claims, which are exerting significant pressure on both insurers and policyholders. - read more
Analyzing the 2026-27 Federal Budget's Impact on Australia's Insurance Industry Analyzing the 2026-27 Federal Budget's Impact on Australia's Insurance Industry
01 Jun 2026: Paige Estritori

The 2026-27 Federal Budget, presented by Treasurer Jim Chalmers, introduces several measures with direct implications for Australia's insurance sector. Notably, the budget addresses concerns related to property insurance costs and the issue of underinsurance, both of which are critical for tradespeople and small business owners. - read more
Zurich's Acquisition of ClearView Wealth Receives ACCC Approval Zurich's Acquisition of ClearView Wealth Receives ACCC Approval
01 Jun 2026: Paige Estritori

The Australian Competition and Consumer Commission (ACCC) has granted approval for Zurich Financial Services to acquire ClearView Wealth, a transaction valued at approximately $425 million. This decision follows a comprehensive assessment of the potential impact on competition within the Australian life insurance market. - read more
QLS Approves 15% Reduction in Professional Indemnity Insurance Levies for 2026/27 QLS Approves 15% Reduction in Professional Indemnity Insurance Levies for 2026/27
01 Jun 2026: Paige Estritori

The Queensland Law Society (QLS) has announced a substantial 15% reduction in professional indemnity (PI) insurance levies for the 2026/27 period, a decision poised to benefit legal practitioners throughout Queensland. This move follows the QLS Council's approval in April 2026, reflecting the strong performance of the insurance scheme managed in collaboration with Lexon Insurance. - read more
ICA Advocates for Structural Reforms to Compensation Scheme of Last Resort ICA Advocates for Structural Reforms to Compensation Scheme of Last Resort
01 Jun 2026: Paige Estritori

The Insurance Council of Australia (ICA) has called for structural reforms to the Compensation Scheme of Last Resort (CSLR) to address growing funding pressures and enhance consumer protection. This appeal comes in response to a Treasury consultation paper examining the role of professional indemnity insurance in compensation claims. - read more
Markel Introduces Tailored Professional Indemnity Insurance Solutions in Australia Markel Introduces Tailored Professional Indemnity Insurance Solutions in Australia
01 Jun 2026: Paige Estritori

Markel, the insurance operation within Markel Group Inc., has announced the launch of professional indemnity (PI) insurance solutions in Australia, featuring localised wordings to service a broad range of professions. This strategic move aims to address the growing demand for professional and financial risks (PFR) insurance solutions in the Australian market. - read more
NSW Government Introduces Strata Law Reforms to Safeguard Communities NSW Government Introduces Strata Law Reforms to Safeguard Communities
01 Jun 2026: Paige Estritori

The New South Wales Government has initiated a series of reforms to the state's strata laws, aiming to bolster transparency and accountability within strata communities. These changes come in the wake of significant fraud incidents that have raised concerns about the governance standards in strata schemes. - read more
CHU Enhances Strata Insurance Capacity to Support Larger Developments CHU Enhances Strata Insurance Capacity to Support Larger Developments
01 Jun 2026: Paige Estritori

CHU, Australia's leading strata insurance underwriting agency, has announced a significant increase in its single risk capacity, now offering coverage up to $690 million. This substantial enhancement more than doubles the previous limit of $300 million, positioning CHU to better support larger residential and commercial strata developments. - read more
CHU's 2025 Report Shows Stable Strata Insurance Premiums Amid Market Changes CHU's 2025 Report Shows Stable Strata Insurance Premiums Amid Market Changes
01 Jun 2026: Paige Estritori

CHU Underwriting Agencies has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current state of the industry. The report indicates that strata insurance premiums have experienced a modest increase of 2.8%, rising from an average of $954 to $981 per lot annually in the year leading up to June 2025. This increment is notably lower than the 14% surge observed in house insurance premiums during the same period, maintaining affordability for apartment owners. - read more
IAG and QBE Navigate Premium Growth Amidst Rising Claims Costs IAG and QBE Navigate Premium Growth Amidst Rising Claims Costs
01 Jun 2026: Paige Estritori

In the face of escalating claims costs driven by natural disasters and supply chain disruptions, major Australian insurers Insurance Australia Group (IAG) and QBE Insurance Group have reported significant premium growth. This trend reflects the industry's ongoing efforts to maintain financial stability amidst challenging conditions. - read more
Australian Insurers Strengthen Collaborative Efforts to Tackle Fraud Australian Insurers Strengthen Collaborative Efforts to Tackle Fraud
01 Jun 2026: Paige Estritori

In a concerted effort to combat insurance fraud, Australian insurers have intensified their collaboration and data-sharing initiatives, leading to substantial financial recoveries and legal actions against fraudulent activities. This unified approach marks a significant shift in the industry's strategy to address a longstanding challenge. - read more
Australian Cyclone Reinsurance Pool Expands to Cover 3.2 Million Properties Australian Cyclone Reinsurance Pool Expands to Cover 3.2 Million Properties
01 Jun 2026: Paige Estritori

The Australian Reinsurance Pool Corporation (ARPC) has announced a significant expansion of the Cyclone Reinsurance Pool, now providing coverage for approximately 3.2 million properties across the nation. This development marks a substantial step forward in enhancing insurance affordability and accessibility for residents and businesses in cyclone-prone areas. - read more
Markel Introduces Tailored Professional Indemnity Insurance for Australian Businesses Markel Introduces Tailored Professional Indemnity Insurance for Australian Businesses
01 Jun 2026: Paige Estritori

Markel, a prominent global insurance provider, has recently unveiled its professional indemnity insurance solutions tailored specifically for the Australian market. This strategic move aims to address the increasing demand for comprehensive coverage among local businesses, particularly in light of recent capacity reductions in the sector. - read more
Sompo Strengthens Australian Market Position with New Underwriting Team Sompo Strengthens Australian Market Position with New Underwriting Team
01 Jun 2026: Paige Estritori

Sompo, a leading provider of commercial and consumer property and casualty insurance, has recently expanded its Australian operations by appointing a nine-person underwriting team based in Sydney and Melbourne. This strategic move aims to enhance the company's local underwriting capabilities across key sectors, including property, casualty, financial lines, energy, and construction. - read more
Gallagher Expands Australian Footprint with Acquisition of International Insurance Brokers Gallagher Expands Australian Footprint with Acquisition of International Insurance Brokers
01 Jun 2026: Paige Estritori

Arthur J. Gallagher & Co. (Gallagher), a global insurance brokerage, has recently announced the acquisition of International Insurance Brokers Pty Ltd., a Brisbane-based firm specializing in property coverage for non-profit organizations in Australia. This strategic move aims to bolster Gallagher's presence in the Australian market and enhance its service offerings to the non-profit sector. - read more
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Health Insurance Articles

The Importance of Comparing Health Insurance Extras for Maximum Savings
The Importance of Comparing Health Insurance Extras for Maximum Savings
Health insurance is more than just a precautionary measure; it's a vital component in managing both your health and financial well-being. In Australia, where healthcare costs can quickly escalate, health insurance extras serve as a buffer, ensuring that services like dental, optical, and physiotherapy remain within reach. These extras can significantly reduce the out-of-pocket expenses you might otherwise encounter for non-hospital treatments. - read more
Demystifying Individual Coverage: Your Guide to Personal Health Insurance in Australia
Demystifying Individual Coverage: Your Guide to Personal Health Insurance in Australia
In the realm of securing one’s health and wellbeing, navigating the Australian health insurance landscape can be as critical as the care received. It stands as a complex tapestry, woven with policies, premiums, and government incentives, affecting individuals and families nationwide. - 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
Unlocking Affordable Health Insurance: Tips to Reduce Your Premiums
Unlocking Affordable Health Insurance: Tips to Reduce Your Premiums
The current health insurance landscape in Australia can be quite confusing for many people. With numerous options available, it’s not always clear which to choose to balance your budget with your needs. Premiums are on the rise, and Australians are becoming increasingly concerned about the costs of maintaining adequate coverage. - read more
Affordable Health Insurance: How to Find the Best Plan for You
Affordable Health Insurance: How to Find the Best Plan for You
Affordable health insurance refers to insurance plans that offer necessary health coverage at a price within one's financial means. These plans aim to balance cost with the quality of care, providing essential services without excessive financial burden. The goal is to make healthcare accessible to a wider population, ensuring that everyone can maintain their health without going into debt. - read more

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Peril:
A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or flood.

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