Insurance News Wrap

Mon, 6th Jul 2026

5. Juli 2026
Episode Mon, 6th Jul 2026 Cover

Beschreibung

This podcast covers key updates and advice for the Australian insurance industry. Topics include the unclear cost differences between annual and installment payments for tradespeople's insurances, recent fines for Mercer Super due to member service issues, and the detection of the H5 bird flu in migratory seabirds in New South Wales and Western Australia that warrants biosecurity review by farm operators. The podcast also introduces Berkshire Hathaway Specialty Insurance's new service for Australian Small and Medium Enterprises (SMEs), covering risks such as directors' liabilities and employment practices. Advice includes thorough review of insurance policies, verification of coverage, updating biosecurity plans, and considering insurance outside of super schemes. The importance of careful reviews in the face of specialist insurance products going digital is emphasized as well.

Kommentare

0

Sei die erste Person, die kommentiert

Melde dich jetzt an und werde Teil der Insurance News Wrap-Community!

Loslegen

2 Monate für 1 €

Dann 4,99 € / Monat · Jederzeit kündbar.

  • Podcasts nur bei Podimo
  • 20 Stunden Hörbücher / Monat
  • Alle kostenlosen Podcasts

Alle Folgen

837 Folgen

Episode Thu, 9th Jul 2026 Cover

Thu, 9th Jul 2026

In this episode, host Paige Estritori discuses critical changes in the Australian insurance industry. There is increasing focus on mental health coverage in the life and disability sectors, with a recent review by Peter Kell advocating for improved customer protection, clearer policies, and better communication. With mental health claims rising, Australians must scrutinize their policies for potential exclusions. Additionally, a potential review of current life insurance commission caps may impact how personal and business protection advice is provided. As profits dip in the life insurance sector, companies are urged to consult independent advisors. The episode also discusses new bushfire resilience ratings that could affect insurance premiums for property owners in bushfire-prone areas, encouraging active risk mitigation. A national risk assessment app is projected for 2027 to further assist farmers in securing favourable insurance terms.n

Gestern0
Episode Wed, 8th Jul 2026 Cover

Wed, 8th Jul 2026

This episode of the Weekly Insurance News Wrap discusses important insurance-related developments. The episode begins with PSC Insurance Brokers making a significant investment in MA Insurance Brokers, highlighting the importance of expert advice in transport insurance. In the trade arena, QBE Insurance's plans to discontinue its standalone office and trade pack products call for caution during policy renewals. Amid discussions on replacing fuel excise with a distance-based model, the importance of data privacy and control is also underlined. Lastly, a recent AFCA ruling emphasizing understanding insurance policy limits to prevent misunderstandings, especially for trade businesses. The podcast underscores the importance of understanding policies, maintaining detailed financial records and diligently reviewing contracts.n

7. Juli 20260
Episode Tue, 7th Jul 2026 Cover

Tue, 7th Jul 2026

This podcast by Paige Estritori for Financial Services Online provides vital insurance news for the week. It discusses the rising support in Australia for a shift from fuel excise to a distance-based model for road user charging, highlighting the potential impacts on truck operators and emphasizing the growing role of data in transport costs. Attention is brought to recent Australian Financial Complaints Authority rulings that underline the importance of understanding insurance policy limits. New data from the Insurance Brokers Code Compliance Committee indicates potential areas of improvement in Australia's strata insurance practices, stressing the need for rigorous oversight. Lastly, the podcast discusses the prevalence of renewal notice gaps in insurance policies and the importance of transparency with insurers. For more news and resources, visit financialservicesonline.com.au.

6. Juli 20260
Episode Mon, 6th Jul 2026 Cover

Mon, 6th Jul 2026

This podcast covers key updates and advice for the Australian insurance industry. Topics include the unclear cost differences between annual and installment payments for tradespeople's insurances, recent fines for Mercer Super due to member service issues, and the detection of the H5 bird flu in migratory seabirds in New South Wales and Western Australia that warrants biosecurity review by farm operators. The podcast also introduces Berkshire Hathaway Specialty Insurance's new service for Australian Small and Medium Enterprises (SMEs), covering risks such as directors' liabilities and employment practices. Advice includes thorough review of insurance policies, verification of coverage, updating biosecurity plans, and considering insurance outside of super schemes. The importance of careful reviews in the face of specialist insurance products going digital is emphasized as well.

5. Juli 20260
Episode Sun, 5th Jul 2026 Cover

Sun, 5th Jul 2026

This episode of the Weekly Insurance News Wrap features a comprehensive review of strata insurance broking by the National Insurance Brokers Association due to transparency and governance concerns. In light of findings from a large-scale investigation, the episode emphasizes the need for improved standards in the sector, including detailed broker agreements and transparent fee disclosures. In addition, the host discusses the broader implications of the review, especially for home service businesses. The show also explores the newly released General Insurance Code of Practice, drawing attention to proposed insurance reforms for improved claims handling. Finally, the episode concludes with a discussion on the APRA's decision to publish separate cyber insurance data for better transparency, predicting that this will make consulting advice from insurance brokers crucial. This episode implores the audience to stay informed, proactive, and make insightful insurance decisions.n

4. Juli 20260