insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auCode consultation enters final weekhttps://www.insurancenews.com.au/the-broker/code-consultation-enters-final-weekhttps://www.insurancenews.com.au/the-broker/code-consultation-enters-final-week<p>Feedback on the proposed redraft of the broking code of practice is due by the end of next week, the profession&rsquo;s peak body says in a reminder...</p>Thu, 30 Jul 2026 02:30:50 GMTOmbudsman rejects ‘inexact’ evidence after factory arson allegationhttps://www.insurancenews.com.au/the-broker/ombudsman-rejects-inexact-evidence-after-factory-arson-allegationhttps://www.insurancenews.com.au/the-broker/ombudsman-rejects-inexact-evidence-after-factory-arson-allegation<p>An insurer must pay a factory fire claim after the industry ombudsman found it failed to prove the business&rsquo; owner deliberately lit the blaze...</p>Thu, 30 Jul 2026 02:30:42 GMTSoft market ‘risks false comfort on coverage’ amid inflationhttps://www.insurancenews.com.au/the-broker/soft-market-risks-false-comfort-on-coverage-amid-inflationhttps://www.insurancenews.com.au/the-broker/soft-market-risks-false-comfort-on-coverage-amid-inflation<p>Construction costs and premium rates are moving in opposite directions, reflecting a &ldquo;soft market paradox&rdquo; that can increase the risk of underinsurance, Marsh has warned...</p>Thu, 30 Jul 2026 02:22:56 GMTSigns of a turn in financial institutions market cyclehttps://www.insurancenews.com.au/the-broker/signs-of-a-turn-in-financial-institutions-market-cyclehttps://www.insurancenews.com.au/the-broker/signs-of-a-turn-in-financial-institutions-market-cycle<p>Lockton has flagged a potential shift in the financial institutions market as rate reductions slow and insurers become more selective...</p>Thu, 30 Jul 2026 02:01:38 GMTBroker couple jailed for Ponzi-style premium fraudhttps://www.insurancenews.com.au/the-broker/broker-couple-jailed-for-ponzi-style-premium-fraudhttps://www.insurancenews.com.au/the-broker/broker-couple-jailed-for-ponzi-style-premium-fraud<p>A US insurance brokerage owner and his wife have been jailed after admitting a $1.3 million scam diverting clients&rsquo; premium payments for personal use, leaving some without cover...</p>Thu, 30 Jul 2026 02:01:26 GMTTributes to ‘stalwart of industry’https://www.insurancenews.com.au/the-broker/tributes-to-stalwart-of-industryhttps://www.insurancenews.com.au/the-broker/tributes-to-stalwart-of-industry<p>Alexander &ldquo;Sandy&rdquo; David Ross, a key figure at JMD Ross Insurance Brokers and one of the last remaining Australian Lloyd&rsquo;s Names, has died aged 84.</p>Thu, 30 Jul 2026 02:00:18 GMTBlue Zebra opens disaster support portalhttps://www.insurancenews.com.au/the-broker/blue-zebra-opens-disaster-support-portalhttps://www.insurancenews.com.au/the-broker/blue-zebra-opens-disaster-support-portal<p>Blue Zebra has launched its Natural Disaster Hub to help customers affected by floods, cyclones and other severe events...</p>Thu, 30 Jul 2026 01:59:19 GMTDelta recruits underwriting headhttps://www.insurancenews.com.au/the-broker/delta-recruits-underwriting-headhttps://www.insurancenews.com.au/the-broker/delta-recruits-underwriting-head<p>Delta Insurance Australia has appointed Jane Mason as head of underwriting...</p>Thu, 30 Jul 2026 01:59:08 GMTCommercial prices record biggest drop since 2024https://www.insurancenews.com.au/the-broker/commercial-prices-record-biggest-drop-since-2024https://www.insurancenews.com.au/the-broker/commercial-prices-record-biggest-drop-since-2024<p>Australian commercial rates fell 13% in the second quarter, marking the largest reduction since prices began contracting at the start of 2024, Marsh&rsquo;s latest market tracker shows...</p>Thu, 23 Jul 2026 02:12:53 GMTBrokerage boss ‘needs help’ fighting industry giantshttps://www.insurancenews.com.au/the-broker/brokerage-boss-needs-help-fighting-industry-giantshttps://www.insurancenews.com.au/the-broker/brokerage-boss-needs-help-fighting-industry-giants<p>The Federal Court has refused a broker&rsquo;s application to represent her business in its action against Steadfast, QBE and Allianz...</p>Thu, 23 Jul 2026 02:11:18 GMTTiming is everything as jeweller’s watch claim rejectedhttps://www.insurancenews.com.au/the-broker/timing-is-everything-as-jeweller-s-watch-claim-rejectedhttps://www.insurancenews.com.au/the-broker/timing-is-everything-as-jeweller-s-watch-claim-rejected<p>A jeweller has lost a claim dispute with Berkley Insurance after a credit card payment for a watch it sold was later reversed by a bank...</p>Thu, 23 Jul 2026 02:11:07 GMTNIBA invites claims, community excellence award nominationshttps://www.insurancenews.com.au/the-broker/niba-invites-claims-community-excellence-award-nominationshttps://www.insurancenews.com.au/the-broker/niba-invites-claims-community-excellence-award-nominations<p>The National Insurance Brokers Association is accepting applications for two awards &ndash; claims broker and community excellence member of the year...</p>Thu, 23 Jul 2026 02:10:51 GMTHowden launches Australian aviation practicehttps://www.insurancenews.com.au/the-broker/howden-launches-australian-aviation-practicehttps://www.insurancenews.com.au/the-broker/howden-launches-australian-aviation-practice<p>Elizabeth Antoine has been appointed aviation partner at Howden and will establish a practice for the product line in Australia...</p>Thu, 23 Jul 2026 02:10:36 GMTConsumer groups tap ASIC to probe strata brokerhttps://www.insurancenews.com.au/the-broker/consumer-groups-tap-asic-to-probe-strata-brokerhttps://www.insurancenews.com.au/the-broker/consumer-groups-tap-asic-to-probe-strata-broker<p>The Australian Consumers Insurance Lobby has asked the corporate regulator to investigate the &ldquo;apparent unauthorised appointment&rdquo; of a strata broker...</p>Thu, 23 Jul 2026 02:10:21 GMTAllianz Trade promotes surety specialist to APAC rolehttps://www.insurancenews.com.au/the-broker/allianz-trade-promotes-surety-specialist-to-apac-rolehttps://www.insurancenews.com.au/the-broker/allianz-trade-promotes-surety-specialist-to-apac-role<p>Daf Owen will move from Australia to Hong Kong to become Allianz Trade&rsquo;s Asia-Pacific surety business development director...</p>Thu, 23 Jul 2026 02:09:05 GMTCoalition combats SME email breacheshttps://www.insurancenews.com.au/the-broker/coalition-combats-sme-email-breacheshttps://www.insurancenews.com.au/the-broker/coalition-combats-sme-email-breaches<p>Global cyber insurer Coalition has launched a security product designed to help SMEs tackle business email compromise before it causes financial and reputational damage...</p>Thu, 23 Jul 2026 02:08:49 GMTTrowbridge blames ‘broker self-interest’ for code gaps, as consumer groups walk awayhttps://www.insurancenews.com.au/the-broker/trowbridge-blames-broker-self-interest-for-code-gaps-as-consumer-groups-walk-awayhttps://www.insurancenews.com.au/the-broker/trowbridge-blames-broker-self-interest-for-code-gaps-as-consumer-groups-walk-away<p>Industry expert John Trowbridge says brokers should disclose commissions to all clients, arguing limitations in the new draft code of practice reflect &ldquo;broker self-interest&rdquo;...</p>Thu, 16 Jul 2026 02:09:06 GMTNew distribution head at heart of Hollard partnerships pushhttps://www.insurancenews.com.au/the-broker/new-distribution-head-at-heart-of-hollard-partnerships-pushhttps://www.insurancenews.com.au/the-broker/new-distribution-head-at-heart-of-hollard-partnerships-push<p>Hollard says product and underwriting leader Tony Martiniello has become head of distribution &ndash; a newly created role as the insurer accelerates its partnership-driven model...</p>Thu, 16 Jul 2026 02:03:37 GMTMarsh names claims advocacy bosshttps://www.insurancenews.com.au/the-broker/marsh-names-claims-advocacy-headhttps://www.insurancenews.com.au/the-broker/marsh-names-claims-advocacy-head<p>Marsh has appointed Robert Krieski as Pacific head of claims advocacy...</p>Thu, 16 Jul 2026 02:03:27 GMTCyber first in class among private school riskshttps://www.insurancenews.com.au/the-broker/cyber-first-in-class-among-private-school-riskshttps://www.insurancenews.com.au/the-broker/cyber-first-in-class-among-private-school-risks<p>Cyber risk is again the leading concern for non-government schools in Australia this year, and 25% have experienced a breach, an Aon survey has found...</p>Thu, 16 Jul 2026 02:03:15 GMT