The Broker
‘More work to do’ on expert reports, cash settlements: ASIC
05 June 2025
The industry is still not doing enough to improve claims handling after the 2022 catastrophic floods, the Australian Securities and Investments Commission says...
Rental property fires cause double trouble
05 June 2025
A landlord who suffered two fires at a property within five months has failed to have the second event assessed as a total loss but has been awarded maximum compensation for poor claims handling...
British broker group hails AI era, launches ad campaign
05 June 2025
The British Insurance Brokers’ Association says the sector is entering a “new era”, in part due to fundamental changes in technology...
Aspire leadership program open for applications
05 June 2025
The Aspire Women Leaders Program, aimed at Steadfast broking sector participants, is inviting applications for its third intake...
Coalition doubles standard cybercrime limit
05 June 2025
Underwriting agency Coalition now offers a standard limit of $500,000 on cybercrime cover for eligible occupations in Australia...
‘There for a mate’: broker seeks backing for marathon fundraiser
05 June 2025
GSA Insurance Brokers EGM of operations Rocco Pirrello will run the Phuket Marathon this month to help a friend raise funds for Gotcha4Life...
Arch staffs up for ‘next phase of digital journey’
05 June 2025
Ed Short has been promoted to head of digital at Arch Insurance International...
Gallagher pitches in with NZ Rugby
05 June 2025
Gallagher has become the official insurance broker for New Zealand Rugby, and its branding will appear on the training and match day shorts of teams including the All Blacks, Black Ferns, Maori All Blacks and rugby sevens sides...
‘People aren’t insured’: brokers in flood-hit NSW warn of coverage gaps
29 May 2025
Brokers say farm properties and many homeowners in flood-hit NSW are uninsured for the damage, and businesses are threatening to abandon town centres such as Taree after the record rain and destruction...
Consumer groups demand code action on conflicts
29 May 2025
Broking code of practice arrangements for addressing conflicts of interest are “wholly insufficient”, the Consumers’ Federation of Australia says...
‘We’ve listened’: IAG portal promises easier connection, faster turnaround
29 May 2025
IAG says its new quote and bind system was developed based on feedback from brokers...
Insurer told to pay up after caravan’s third write-off
29 May 2025
An elderly caravan owner has won a claim dispute after her insurer said she misrepresented pre-existing damage...
GT transport product arrives on Ebix exchange
29 May 2025
GT Insurance has launched a transport package on Ebix Australia’s Sunrise Exchange...
Markel introduces ‘localised’ financial institution covers
29 May 2025
Markel Insurance has launched a suite of financial institution products with “localised wordings” in Australia...
Aon appoints national construction leader
29 May 2025
Aon has promoted Mary-Catherine Hamill to be its Australian head of construction, overseeing the portfolio with support from the broker’s global operations...
Masterclass brings brokers up to speed on ‘dynamic’ cyber market
29 May 2025
CFC has launched an education program to help brokers “bridge the knowledge gap” on cyber cover...
Financial counsellors urge code crackdown on ‘alarming’ practices
22 May 2025
Too many brokers fail to disclose conflicts or support clients at claim time, financial counsellors from two states say...
Roof claim covered despite asbestos disclosure fail
22 May 2025
A policyholder who said his commercial building’s asbestos roof was made from iron will have a fire damage claim paid despite the misrepresentation...
Edgewise analysis points to softening market
22 May 2025
The Australian insurance market has stabilised and is entering a softening phase following years of significant premium rises, brokerage Edgewise says in a second-quarter update...
‘It’s not OK’: brokers hit out after Hollard commission cut
22 May 2025
Brokers fear for the future of personal lines products in the intermediated space after Hollard made another cut to commissions on home insurance sold via the Steadfast network...