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Liability Insurance :: News

Insurance News from Liability Insurance

Welcome to Liability Insurance, your destination for the latest and most engaging financial news updates.

Stay informed by clicking on the headlines to dive deep into our featured stories.

Insurance News
Year: Month:

Allianz Australia Penalised for Misleading Travel Insurance Information Allianz Australia Penalised for Misleading Travel Insurance Information
15 Jan 2026: Paige Estritori

In a significant ruling, the Supreme Court of New South Wales has imposed fines totaling $16.8 million on Allianz Australia Insurance and its subsidiary, AWP Australia, for disseminating misleading information about their travel insurance products between 2016 and 2018. This decision underscores the critical importance of transparency and accuracy in the insurance sector. - read more
Surge in Medical Claims Among Australian Travellers Highlights Importance of Comprehensive Insurance Surge in Medical Claims Among Australian Travellers Highlights Importance of Comprehensive Insurance
15 Jan 2026: Paige Estritori

In 2024, medical incidents emerged as the leading cause of travel insurance claims among Australian travellers, accounting for more than 40% of all claims handled by nib Travel. This trend underscores the critical importance of securing comprehensive travel insurance to mitigate the financial risks associated with medical emergencies abroad. - read more
Seafood Business Wins Insurance Dispute Over Storm-Induced Power Outage Seafood Business Wins Insurance Dispute Over Storm-Induced Power Outage
15 Jan 2026: Paige Estritori

A recent ruling by the Australian Financial Complaints Authority (AFCA) has significant implications for businesses seeking insurance compensation for losses due to power outages caused by natural disasters. In this case, a seafood distribution company experienced substantial stock losses when a storm-induced power outage left its refrigeration systems inoperable for a week. The insurer initially denied the claim, citing a flood exclusion clause. - read more
Insurance Council Advocates for Liability Law Overhaul to Curb Rising Premiums Insurance Council Advocates for Liability Law Overhaul to Curb Rising Premiums
15 Jan 2026: Paige Estritori

The Insurance Council of Australia (ICA) has called for urgent reforms to civil liability laws to address the escalating costs of liability insurance premiums affecting businesses nationwide. In a recently released white paper, the ICA highlights the need to review state-based civil liability laws that have remained unchanged for nearly 25 years. The report identifies key areas requiring attention, including psychological injuries, worker-to-worker claims, and leisure and recreational risks. - read more
Australian Insurers See Profit Surge in Q3 2025 Australian Insurers See Profit Surge in Q3 2025
14 Jan 2026: Paige Estritori

In the third quarter of 2025, Australian general insurers reported a significant after-tax profit of nearly AUD 2.3 billion, marking an increase from approximately AUD 2.1 billion in the same period of 2024. This uptick reflects a combination of rising premium revenues and a reduction in claims, contributing to the industry's robust financial performance. - read more
Navigating the Escalating Insurance Risks for Australian Businesses Navigating the Escalating Insurance Risks for Australian Businesses
14 Jan 2026: Paige Estritori

Australian businesses are currently navigating a complex landscape of escalating insurance risks, influenced by factors such as increased litigation, technological advancements, supply chain disruptions, and climate-related events. These challenges necessitate a proactive approach to risk management and insurance coverage. - read more
Positive Shifts in Australia's D&O Insurance Market in 2025 Positive Shifts in Australia's D&O Insurance Market in 2025
14 Jan 2026: Paige Estritori

The directors and officers' (D&O) insurance market in Australia has experienced a positive shift in 2025, offering more opportunities for well-managed businesses to protect their boards and senior managers. This development is largely driven by increased competition, particularly from offshore insurance markets, prompting Australian insurers to reassess their risk rating criteria to remain competitive. - read more
Suncorp Group Divests Banking Operations to ANZ Suncorp Group Divests Banking Operations to ANZ
14 Jan 2026: Paige Estritori

Suncorp Group has successfully completed the sale of its banking arm, Suncorp Bank, to the Australia and New Zealand Banking Group (ANZ). This strategic move, finalized on 31 July 2024, follows approvals from the Australian Competition Tribunal and the Federal Treasurer, marking a significant transformation in Suncorp's business model. - read more
IAG's NextGen Program Opens Doors for Future Insurance Professionals IAG's NextGen Program Opens Doors for Future Insurance Professionals
14 Jan 2026: Paige Estritori

Insurance Australia Group (IAG) has launched the second iteration of its NextGen Ambition Program, an innovative initiative designed to provide high school graduates with a pathway into the insurance industry without the necessity of a university degree. This year-long program offers full-time, paid work experience across various facets of IAG's Intermediated Insurance Australia division, which includes leading brands such as CGU and WFI Insurance. - read more
Allianz Australia Penalised for Misleading Insurance Practices Allianz Australia Penalised for Misleading Insurance Practices
14 Jan 2026: Paige Estritori

In a significant development for the Australian insurance sector, Allianz Australia and its subsidiary, AWP Australia, have been fined $16.8 million for making false and misleading statements. This penalty, imposed by the Commonwealth Director of Public Prosecutions following an investigation by the Australian Securities & Investments Commission (ASIC), underscores the critical importance of transparency and honesty in insurance communications. - read more
AUSactive and Health Partners Collaborate to Enhance Fitness Service Accessibility AUSactive and Health Partners Collaborate to Enhance Fitness Service Accessibility
13 Jan 2026: Paige Estritori

AUSactive, Australia's peak body for the exercise and active health sector, has announced a significant partnership with Health Partners, a not-for-profit health fund with over 85 years of service to South Australians. This collaboration recognises eligible AUSactive Personal Trainers and fitness businesses as approved providers, allowing Health Partners members to claim benefits for personal training sessions, classes, and gym memberships under their Extras policy when part of a medically necessary health management plan. - read more
AIA Australia Teams Up with Peloton and Specialized to Encourage Active Lifestyles AIA Australia Teams Up with Peloton and Specialized to Encourage Active Lifestyles
13 Jan 2026: Paige Estritori

AIA Australia, a leading life, health, and wellbeing insurer, has announced partnerships with global fitness company Peloton and premium cycling brand Specialized. These collaborations aim to provide AIA Vitality members with significant discounts and incentives to promote cycling, both at home and outdoors. - read more
Australian Insurers Achieve Record Profits Amid Rising Premiums Australian Insurers Achieve Record Profits Amid Rising Premiums
13 Jan 2026: Paige Estritori

In 2024, Australia's insurance sector reported an after-tax profit of $6.1 billion, a significant increase from the five-year average of $2 billion. This surge is primarily attributed to substantial premium hikes and a relatively calm year concerning natural disasters. - read more
Government Consultancy Contracts Near $1 Billion Amid Outsourcing Reduction Efforts Government Consultancy Contracts Near $1 Billion Amid Outsourcing Reduction Efforts
13 Jan 2026: Paige Estritori

Recent research indicates that the Australian federal government signed contracts worth nearly $1 billion with consultancy firms in the last financial year, marking a 48% increase from the previous year. This development comes despite the government's commitment to reduce reliance on external consultants. - read more
Construction Cost Surge and Labour Shortages Reshape Australian Insurance Claims Construction Cost Surge and Labour Shortages Reshape Australian Insurance Claims
13 Jan 2026: Paige Estritori

The Australian insurance industry is currently navigating a challenging landscape shaped by escalating construction costs and persistent labour shortages. These factors are significantly influencing the nature and volume of insurance claims, particularly within the construction sector. - read more
NSW Court Decision Heightens Builders' Liability for Defects NSW Court Decision Heightens Builders' Liability for Defects
13 Jan 2026: Paige Estritori

In a landmark decision, the New South Wales Court of Appeal has significantly altered the landscape of construction liability, particularly concerning builders' responsibilities for defects. The case, known as Pafburn, has removed the previously relied-upon proportionate liability defence, thereby increasing the accountability of builders and developers for construction defects. - read more
Queensland Integrates Heavy Vehicle Compliance with National Regulator Queensland Integrates Heavy Vehicle Compliance with National Regulator
12 Jan 2026: Paige Estritori

In a significant move towards regulatory uniformity, Queensland has transitioned its heavy vehicle compliance responsibilities to the National Heavy Vehicle Regulator (NHVR). This change, effective from February 19, 2024, positions Queensland alongside New South Wales, South Australia, Victoria, Tasmania, and the Australian Capital Territory in adopting a cohesive approach to heavy vehicle oversight. - read more
Elevated Road Risks Amid Holiday Freight and Travel Surge Elevated Road Risks Amid Holiday Freight and Travel Surge
12 Jan 2026: Paige Estritori

As the Australian summer school holidays approach, a convergence of increased holiday travel and peak freight activity is raising concerns among insurers and transport specialists about heightened road risks. This period sees a significant uptick in both passenger vehicles and heavy trucks on the roads, amplifying the potential for accidents and necessitating heightened vigilance among all road users. - read more
Growing Collision Risks Challenge Australian Fleet Operators Growing Collision Risks Challenge Australian Fleet Operators
12 Jan 2026: Paige Estritori

Australia's transport and haulage sector is currently navigating a period of heightened operational risk, marked by an uptick in both the frequency and severity of motor collision claims. This trend underscores the pressing need for fleet operators to adopt proactive risk management strategies and leverage advanced insurance solutions to safeguard their operations. - read more
Calls for Super Funds to Accelerate Mental Health Insurance Claims Processing Calls for Super Funds to Accelerate Mental Health Insurance Claims Processing
11 Jan 2026: Paige Estritori

Consumer advocates are raising concerns over significant delays in processing mental health-related insurance claims by Australian superannuation funds. As mental health conditions become a leading cause of total and permanent disability (TPD) claims, the efficiency of claim processing has come under scrutiny. - read more
GT Insurance Provides Flexible Solutions Amid Global Trade Shifts GT Insurance Provides Flexible Solutions Amid Global Trade Shifts
11 Jan 2026: Paige Estritori

As global trade dynamics undergo significant shifts, GT Insurance is reaffirming its commitment to supporting marine clients navigating these challenges. The recent imposition of US tariffs—25% on Australian steel and aluminium, and 10% on other exported goods—has introduced new uncertainties for local exporters, particularly in sectors like beef and bulk freight. These tariffs, effective from April 5, 2025, have prompted concerns about declining export volumes and reduced freight margins. - read more
Northern Australian Marinas Struggle with Rising Insurance Costs Northern Australian Marinas Struggle with Rising Insurance Costs
11 Jan 2026: Paige Estritori

Marina operators in Northern Australia are confronting a significant crisis as insurance premiums escalate dramatically, with some experiencing increases exceeding 300% over recent years. This surge in costs is placing immense financial strain on the industry, prompting urgent calls for government intervention. - read more
Significant Rise in Australian Home Insurance Premiums in 2025 Significant Rise in Australian Home Insurance Premiums in 2025
11 Jan 2026: Paige Estritori

In 2025, Australian homeowners experienced a substantial increase in home and contents insurance premiums, with the average annual premium rising by 14%, equating to an additional $343. This surge has placed a significant financial burden on many households, prompting concerns about the affordability and accessibility of essential insurance coverage. - read more
Australian Insurers Under Fire for Steep Premium Increases Amid Record Profits Australian Insurers Under Fire for Steep Premium Increases Amid Record Profits
11 Jan 2026: Paige Estritori

In recent times, Australian insurers have come under intense scrutiny for implementing substantial premium increases, with some homeowners experiencing hikes of up to 600%. This trend has sparked widespread concern among consumers and advocacy groups, especially in light of the industry's record profits. - read more
ASIC Initiates Legal Proceedings Against Australian Super for Claim Delays ASIC Initiates Legal Proceedings Against Australian Super for Claim Delays
10 Jan 2026: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has initiated legal action against Australian Super, the nation's largest superannuation fund, alleging significant delays in processing nearly 7,000 death benefit claims. These delays, some extending up to four years, have raised serious concerns about the efficiency and fairness of the fund's claims handling processes. - read more
Australian Insurers Face Challenges in Risk Preparedness Australian Insurers Face Challenges in Risk Preparedness
10 Jan 2026: Paige Estritori

Recent findings from PwC's Insurance Banana Skins Survey indicate that Australian insurers are trailing behind their global counterparts in preparedness for emerging risks, particularly in areas such as cybersecurity and artificial intelligence (AI). - read more
Insurance News to Host Third Annual Conference in Sydney Insurance News to Host Third Annual Conference in Sydney
10 Jan 2026: Paige Estritori

Insurance News has announced its third annual conference, scheduled to take place in Sydney on March 19, 2026. This full-day event aims to provide attendees with comprehensive insights into current market trends, industry pressures, and emerging opportunities within the insurance sector. - read more
Rising Home Insurance Costs Amid Climate Change Concerns Rising Home Insurance Costs Amid Climate Change Concerns
10 Jan 2026: Paige Estritori

Australians are facing escalating home insurance premiums, with climate change playing a significant role in this upward trend. Insurance Australia Group (IAG) has highlighted that the increasing frequency and severity of weather events are contributing to higher costs for homeowners. - read more
Rural Affinity and Munich Re Strengthen Agricultural Insurance in Australia Rural Affinity and Munich Re Strengthen Agricultural Insurance in Australia
09 Jan 2026: Paige Estritori

In a significant development for Australia's agricultural sector, Rural Affinity has renewed its partnership with Munich Re Specialty – Global Markets under a new five-year agreement. This collaboration, which began in 2006, is set to enhance the availability and scope of agricultural insurance products across the country. - read more
WFI Insurance Highlights Significant Drop in Farm Liability Claims WFI Insurance Highlights Significant Drop in Farm Liability Claims
09 Jan 2026: Paige Estritori

WFI Insurance has reported a notable decrease in farm liability claims across most categories, signaling a positive trend in safety practices within the Australian agricultural sector. The insurer observed a 75% reduction in falls from height over the past year, alongside a 30% decline in impact injuries, marking the lowest level in four years. - read more
Elders Insurance Highlights Increased Summer Storm Risks for Farmers Elders Insurance Highlights Increased Summer Storm Risks for Farmers
09 Jan 2026: Paige Estritori

Elders Insurance is urging Australian farmers to prepare for another damaging summer, with claims data revealing the scale and financial impact of storm activity across the country's agricultural regions. Analysis of storm-related farm insurance property claims over the last two years indicates that summer accounts for the highest number of claims nationally. - read more
Insuregroup Achieves Significant Milestone in Truck Insurance Policies Insuregroup Achieves Significant Milestone in Truck Insurance Policies
09 Jan 2026: Paige Estritori

Insuregroup, a specialist insurance brokerage serving Australia's transport and logistics sector, has recently achieved a significant milestone by processing over 10,000 insurance policies since its inception. This accomplishment includes a 25% year-on-year increase in policy count, highlighting the escalating demand for comprehensive truck insurance solutions among Australian freight operators. - read more
Queensland Aligns with National Heavy Vehicle Regulator Queensland Aligns with National Heavy Vehicle Regulator
09 Jan 2026: Paige Estritori

In a significant move towards regulatory consistency, Queensland has transferred its heavy vehicle compliance responsibilities to the National Heavy Vehicle Regulator (NHVR). This transition aligns Queensland with New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory, all of which have already integrated their heavy vehicle regulations under the NHVR's oversight. - read more
Celebrating Excellence: Finalists Announced for 21st Australian Insurance Industry Awards Celebrating Excellence: Finalists Announced for 21st Australian Insurance Industry Awards
09 Jan 2026: Paige Estritori

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has unveiled the finalists for the 21st Australian Insurance Industry Awards, set to take place on Thursday, 21 August 2025, at the Star Event Centre in Sydney. These prestigious awards honour the outstanding achievements of individuals and organisations across the entire insurance value chain, highlighting the depth of talent, innovation, and dedication within the industry. - read more
Allianz Australia Penalised $16.8 Million for Misleading Conduct Allianz Australia Penalised $16.8 Million for Misleading Conduct
09 Jan 2026: Paige Estritori

In a significant regulatory action, Allianz Australia and its subsidiary AWP Australia have been fined $16.8 million for making false and misleading statements. The Commonwealth Director of Public Prosecutions imposed the fines following an investigation and referral by the Australian Securities and Investments Commission (ASIC). - read more
Suncorp Directed to Reassess 60% Home Insurance Premium Increase Suncorp Directed to Reassess 60% Home Insurance Premium Increase
09 Jan 2026: Paige Estritori

The Australian Financial Complaints Authority (AFCA) has directed Suncorp to reassess a 60% increase in a customer's home insurance premium after the insurer failed to provide persuasive evidence justifying the hike. This decision comes amid a backdrop of rising complaints about general insurers, with AFCA reporting record levels of grievances. - read more
Australia's Strata Property Market Surpasses $1.4 Trillion in Value Australia's Strata Property Market Surpasses $1.4 Trillion in Value
08 Jan 2026: Paige Estritori

Recent industry reports reveal that the insured value of strata properties in Australia has reached an estimated $1.4 trillion. This significant milestone underscores the growing prominence of strata living, with approximately 4.2 million Australians—about 15% of the population—residing in such properties. This marks an increase of 200,000 residents since 2022. - read more
Netstrata's Insurance Practices Raise Concerns Over Excessive Fees Netstrata's Insurance Practices Raise Concerns Over Excessive Fees
08 Jan 2026: Paige Estritori

Recent developments have brought to light concerns regarding the insurance practices of Netstrata, a prominent strata management firm in Australia. Clients have reported the sudden appearance of past insurance invoices in their online portals, revealing brokerage fees significantly higher than industry norms. - read more
Steadfast Group Under Investigation for Alleged Misleading Practices Steadfast Group Under Investigation for Alleged Misleading Practices
08 Jan 2026: Paige Estritori

Steadfast Group, Australia's largest general insurance broker network, has recently come under scrutiny following allegations of misleading clients through undisclosed financial arrangements. These claims have prompted the company to suspend trading on the Australian Stock Exchange, leading to a significant decline in its share price. - read more
Queensland Aligns Heavy Vehicle Compliance with National Regulator Queensland Aligns Heavy Vehicle Compliance with National Regulator
08 Jan 2026: Paige Estritori

In a significant move towards regulatory consistency, Queensland has transferred its heavy vehicle compliance responsibilities to the National Heavy Vehicle Regulator (NHVR). This transition aligns Queensland with New South Wales, Victoria, South Australia, Tasmania, and the Australian Capital Territory, all of which have already integrated their heavy vehicle regulations under the NHVR's oversight. - read more
Australian Insurers Falling Behind in Cyber Risk Readiness Australian Insurers Falling Behind in Cyber Risk Readiness
08 Jan 2026: Paige Estritori

Recent findings from PwC's Insurance Banana Skins Survey indicate that Australian insurers are trailing their global counterparts in preparedness for cyber threats. The survey, which gathered insights from 698 insurance executives across 42 territories, revealed that Australian insurers scored 6.6% lower on the Preparedness Index compared to the global average. - read more
ASIC's 2026 Compliance Focus: Implications for the Insurance Sector ASIC's 2026 Compliance Focus: Implications for the Insurance Sector
08 Jan 2026: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has unveiled its enforcement priorities for 2026, placing a significant emphasis on the insurance sector. Key areas of focus include insurance claims handling, pricing transparency, and financial reporting, reflecting ASIC's commitment to addressing both new and ongoing risks within the financial landscape. - read more
APRA's Reinsurance Framework Reforms: What Insurers Need to Know APRA's Reinsurance Framework Reforms: What Insurers Need to Know
08 Jan 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has released a response paper detailing proposed refinements to the general insurance reinsurance framework. These changes aim to improve insurers' access to alternative reinsurance options, such as catastrophe bonds and insurance-linked securities (ILS), while maintaining prudential standards. - read more
Treasury Initiates Review of Professional Indemnity Insurance to Support CSLR Treasury Initiates Review of Professional Indemnity Insurance to Support CSLR
08 Jan 2026: Paige Estritori

The Australian Treasury has commenced a consultation process aimed at improving the effectiveness of professional indemnity (PI) insurance, with the goal of strengthening the Compensation Scheme of Last Resort (CSLR). This initiative seeks to gather stakeholder feedback on the current operation of PI insurance and explore opportunities for enhancement. - read more
Upcover Introduces Specialised Insurance Solutions for Australian Nurses Upcover Introduces Specialised Insurance Solutions for Australian Nurses
08 Jan 2026: Paige Estritori

Sydney-based insurtech company Upcover has unveiled a new professional indemnity and public liability insurance product tailored specifically for nurses across Australia. This initiative aims to provide comprehensive coverage that meets the unique needs of nursing professionals, including nurse practitioners, in-patient nurses, doulas, and nursing students. - read more
APRA's 2022 Data Shows Stable PI Claims and Premium Reduction APRA's 2022 Data Shows Stable PI Claims and Premium Reduction
08 Jan 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has released its latest National Claims and Policies Database, providing valuable insights into the professional indemnity (PI) insurance sector for the 2022 underwriting year. The data indicates that PI claims payments for non-facility business remained relatively stable at $1.111 billion, a slight increase from $1.109 billion in the previous year. - read more
Allianz Australia Penalised for Misleading Travel Insurance Information Allianz Australia Penalised for Misleading Travel Insurance Information
07 Jan 2026: Paige Estritori

In a significant ruling, the Supreme Court of New South Wales has imposed fines totaling $16.8 million on Allianz Australia Insurance and its subsidiary, AWP Australia, for disseminating misleading information about their travel insurance products between 2016 and 2018. This decision underscores the critical importance of transparency and accuracy in the insurance sector. - read more
Allianz Partners Highlights Risks of Travelling Uninsured Allianz Partners Highlights Risks of Travelling Uninsured
07 Jan 2026: Paige Estritori

Recent research conducted by the Insurance Council of Australia (ICA) and the Department of Foreign Affairs and Trade (DFAT) has unveiled a concerning trend: approximately 14% of Australian travellers embark on international journeys without any form of travel insurance. This statistic has prompted Allianz Partners to urge Australians to reconsider the importance of securing adequate coverage before travelling abroad. - read more
Surge in Medical Claims Among Australian Travellers Highlights Importance of Comprehensive Insurance Surge in Medical Claims Among Australian Travellers Highlights Importance of Comprehensive Insurance
07 Jan 2026: Paige Estritori

In 2024, medical incidents emerged as the leading cause of travel insurance claims among Australian travellers, accounting for more than 40% of all claims handled by nib Travel. This trend underscores the critical importance of securing comprehensive travel insurance to mitigate the financial risks associated with medical emergencies abroad. - read more
Australian Insurers Achieve Record Profits Amid Rising Premiums Australian Insurers Achieve Record Profits Amid Rising Premiums
07 Jan 2026: Paige Estritori

In 2024, Australia's insurance industry reported an after-tax profit of $6.1 billion, a figure that is three times higher than the five-year average of $2 billion. This substantial increase is attributed to significant premium hikes and a relatively benign year for natural disasters. - read more
Rising Insurance Premiums in Northern Australia Challenge Homeowners Rising Insurance Premiums in Northern Australia Challenge Homeowners
07 Jan 2026: Paige Estritori

Homeowners in Northern Australia are grappling with substantial increases in insurance premiums, despite the federal government's establishment of a cyclone reinsurance pool in 2022 aimed at reducing costs. This trend has raised concerns about the effectiveness of the initiative and the affordability of insurance in cyclone-prone regions. - read more
Lack of Transparency in Insurance Premium Increases Concerns Consumers Lack of Transparency in Insurance Premium Increases Concerns Consumers
07 Jan 2026: Paige Estritori

Australian consumers are increasingly facing substantial hikes in their insurance premiums, often with minimal or no explanation from insurers. This lack of transparency has led to growing concerns and calls for greater clarity in the industry's pricing strategies. - read more
ICA Advocates for Overhaul of Civil Liability Laws Amid Rising Insurance Premiums ICA Advocates for Overhaul of Civil Liability Laws Amid Rising Insurance Premiums
07 Jan 2026: Paige Estritori

The Insurance Council of Australia (ICA) has recently released a white paper highlighting the urgent need for reforms to state and territory civil liability laws, which have remained largely unchanged for nearly 25 years. These outdated laws are contributing to significant increases in public liability insurance premiums, affecting a wide range of businesses across the nation. - read more
Soaring Insurance Premiums Threaten Australia's Leisure and Recreation Industry Soaring Insurance Premiums Threaten Australia's Leisure and Recreation Industry
07 Jan 2026: Paige Estritori

The Australian Amusement Leisure & Recreation Association (AALARA) has raised concerns over the escalating costs of public liability insurance, which are placing significant pressure on amusement and recreation operators across the country. This warning follows the Insurance Council of Australia's (ICA) recent call for reforms to civil liability laws. - read more
APRA Reports Significant Increase in Public Liability Insurance Premiums APRA Reports Significant Increase in Public Liability Insurance Premiums
07 Jan 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has released its latest National Claims and Policies Database (NCPD) statistics, revealing a substantial increase in public liability insurance premiums over recent years. According to the data, premiums have risen by 40% since 2015, a rate that surpasses general inflation and places additional financial strain on businesses across the country. - read more
AFCA Upholds Restaurant's Arson Claim Amid Disclosure Dispute AFCA Upholds Restaurant's Arson Claim Amid Disclosure Dispute
07 Jan 2026: Paige Estritori

In a significant ruling, the Australian Financial Complaints Authority (AFCA) has directed QBE Insurance to honour an arson claim from a restaurant, despite the director's failure to disclose his criminal history during the policy's inception. This decision underscores the complexities surrounding disclosure obligations and the importance of clear communication between insurers and policyholders. - read more
Pizzeria Owner Compensated for Stress in Insurance Claim Dispute Pizzeria Owner Compensated for Stress in Insurance Claim Dispute
07 Jan 2026: Paige Estritori

The Australian Financial Complaints Authority (AFCA) has awarded $2,500 in compensation to a pizzeria owner, citing undue stress and inconvenience caused by QBE Insurance's handling of a fire damage claim. This case underscores the necessity for insurers to manage claims with empathy and efficiency, particularly when dealing with vulnerable customers. - read more
Rising Insurance Premiums Challenge NSW Businesses Rising Insurance Premiums Challenge NSW Businesses
07 Jan 2026: Paige Estritori

Business NSW has raised concerns over the escalating insurance premiums affecting businesses across the state, with a recent survey revealing that 64% of members are not fully insured against catastrophes. This alarming trend underscores the urgent need for comprehensive reform to address insurance affordability and accessibility. - read more
Australian Strata Property Values Soar to $1.4 Trillion Australian Strata Property Values Soar to $1.4 Trillion
07 Jan 2026: Paige Estritori

The Australian strata property market has experienced significant growth, with the insured value of strata properties now estimated at $1.4 trillion. This substantial figure underscores the increasing prominence of strata living in the nation's housing landscape. - read more
ICA Advocates for Strata Law Reforms in Victoria to Curb Rising Insurance Costs ICA Advocates for Strata Law Reforms in Victoria to Curb Rising Insurance Costs
07 Jan 2026: Paige Estritori

The Insurance Council of Australia (ICA) has called for significant reforms to Victoria's strata legislation, highlighting that inadequate governance and deferred maintenance are leading to increased insurance premiums for residents. With approximately one in five Victorians living in strata-titled properties, the impact of these issues is widespread and pressing. - read more
CHU's 2025 Strata Market Report: Navigating Stability and Emerging Challenges CHU's 2025 Strata Market Report: Navigating Stability and Emerging Challenges
07 Jan 2026: Paige Estritori

CHU, Australia's leading strata insurance underwriting agency, has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current trends and challenges within the strata industry. The report offers valuable insights into premium trends, climate-related risks, regulatory developments, and emerging sector challenges. - read more
CHU Unveils Enhanced Residential Strata Insurance Policy CHU Unveils Enhanced Residential Strata Insurance Policy
06 Jan 2026: Paige Estritori

CHU, Australia's leading strata insurance underwriting agency, has announced the launch of a new residential strata insurance policy designed to better support property owners and strata communities. This initiative reflects CHU's commitment to delivering customer-focused solutions that simplify insurance processes and enhance community resilience. - read more
Sure Insurance Boosts Strata Coverage to $20 Million Sure Insurance Boosts Strata Coverage to $20 Million
06 Jan 2026: Paige Estritori

Sure Insurance has announced a significant expansion of its residential strata insurance coverage, increasing the replacement value limit from $5 million to $20 million. This strategic move is designed to address the affordability crisis and improve access to insurance for apartment complexes in Northern and Regional Queensland. - read more
ICA Advocates for Strata Law Reforms to Mitigate Rising Insurance Costs in Victoria ICA Advocates for Strata Law Reforms to Mitigate Rising Insurance Costs in Victoria
06 Jan 2026: Paige Estritori

The Insurance Council of Australia (ICA) has called for significant reforms to Victoria's strata legislation, citing a direct link between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians living in strata-titled properties, the need for effective management and oversight has become increasingly critical. - read more
Australian Insurers Face Challenges in Risk Preparedness Australian Insurers Face Challenges in Risk Preparedness
06 Jan 2026: Paige Estritori

Recent findings from the PwC Insurance Banana Skins Survey reveal that Australian insurers are falling behind their global counterparts in terms of risk preparedness. This lag is particularly concerning as the industry faces escalating challenges from cyber threats and the rapid advancement of artificial intelligence (AI). - read more
Australian Insurers Achieve Record Profits Amid Rising Premiums Australian Insurers Achieve Record Profits Amid Rising Premiums
06 Jan 2026: Paige Estritori

In 2024, Australia's insurance industry reported an after-tax profit of $6.1 billion, a figure that triples the five-year average of $2 billion. This substantial increase is attributed to significant premium hikes and a year characterized by fewer severe weather events. - read more
Reinsurance: A Pillar of Stability for Australia's Insurance Industry Reinsurance: A Pillar of Stability for Australia's Insurance Industry
06 Jan 2026: Paige Estritori

Reinsurance serves as a critical component in the Australian insurance landscape, offering capital relief and stabilizing returns for insurers amidst escalating natural disaster claims. A recent report by the Actuaries Institute underscores the indispensable role of reinsurance in maintaining the industry's financial health. - read more
Australian Insurers Achieve $6.1 Billion Profit in 2024 Australian Insurers Achieve $6.1 Billion Profit in 2024
06 Jan 2026: Paige Estritori

In 2024, Australia's insurance industry reported a significant after-tax profit of $6.1 billion, marking a substantial increase from the five-year average of $2 billion. This surge in profitability is attributed to a combination of premium hikes and a year characterized by fewer severe weather events. - read more
Embracing AI: The Future of Australia's Insurance Industry Embracing AI: The Future of Australia's Insurance Industry
06 Jan 2026: Paige Estritori

Australian insurance companies are increasingly integrating artificial intelligence (AI) into their operations to enhance efficiency, improve customer service, and strengthen risk management. This digital transformation is driven by the need to remain competitive in a rapidly evolving market. - read more
Rising Premiums and Record Profits: The Growing Concern Among Australian Policyholders Rising Premiums and Record Profits: The Growing Concern Among Australian Policyholders
06 Jan 2026: Paige Estritori

Australian consumers are expressing increasing concern over substantial hikes in insurance premiums, especially in light of the industry's record profits. Reports indicate that some policyholders have experienced premium increases of up to 600%, prompting questions about the fairness and transparency of pricing strategies. - read more
nib Health Insurance Premiums to Rise by 5.79% in 2025 nib Health Insurance Premiums to Rise by 5.79% in 2025
05 Jan 2026: Paige Estritori

nib holdings limited has announced an average increase of 5.79% in health insurance premiums, effective from 1 April 2025. This adjustment reflects the insurer's response to escalating healthcare costs and heightened utilisation of medical services. - read more
Enhancing Digital Integration: ADHA's Plan for Allied Health Professionals Enhancing Digital Integration: ADHA's Plan for Allied Health Professionals
05 Jan 2026: Paige Estritori

The Australian Digital Health Agency (ADHA) has introduced the National Allied Health Digital Uplift Plan, a strategic initiative designed to bolster the digital capabilities of allied health professionals across the nation. This plan aims to facilitate seamless sharing of health information among practitioners, patients, and multidisciplinary care teams, thereby enhancing the quality and efficiency of patient care. - read more
Strengthened Legal Safeguards for Whistleblowers in the Health Sector Strengthened Legal Safeguards for Whistleblowers in the Health Sector
05 Jan 2026: Paige Estritori

Recent amendments to the National Law have introduced robust legal protections for whistleblowers within the health sector, marking a significant advancement in promoting transparency and accountability. These changes criminalise any form of retaliation against individuals who report misconduct, including the use of non-disclosure agreements (NDAs) to suppress such disclosures. - read more
AUSactive and Private Healthcare Australia Join Forces to Enhance Preventive Health Coverage AUSactive and Private Healthcare Australia Join Forces to Enhance Preventive Health Coverage
05 Jan 2026: Paige Estritori

In a significant move towards integrating fitness services into health insurance coverage, AUSactive has partnered with Private Healthcare Australia (PHA) to drive reforms in the private health insurance sector. This collaboration seeks to expand access to evidence-based preventive health services, including Pilates, Yoga, Tai Chi, and structured exercise programs delivered by accredited professionals. - read more
FITREC and Marsh Collaborate to Provide Comprehensive Insurance Solutions for Fitness Professionals FITREC and Marsh Collaborate to Provide Comprehensive Insurance Solutions for Fitness Professionals
05 Jan 2026: Paige Estritori

FITREC has announced a strategic partnership with Marsh, a leading insurance broker, to offer enhanced insurance solutions tailored specifically for fitness professionals. This collaboration aims to provide comprehensive coverage options that address the unique risks associated with the fitness industry. - read more
Gallagher Launches Tailored Insurance Solutions for Fitness Industry Professionals Gallagher Launches Tailored Insurance Solutions for Fitness Industry Professionals
05 Jan 2026: Paige Estritori

Gallagher, one of the world's largest insurance brokerage firms, has introduced a new suite of insurance solutions designed specifically for the fitness industry in Australia. This offering aims to provide affordable coverage options tailored to the unique needs of gym owners, Pilates and yoga studios, and fitness instructors. - read more
Australian Insurers Achieve Record Profits Amid Rising Premiums Australian Insurers Achieve Record Profits Amid Rising Premiums
05 Jan 2026: Paige Estritori

In 2024, Australia's insurance industry reported an after-tax profit of $6.1 billion, a significant increase from the five-year average of $2 billion. This surge is primarily attributed to substantial premium hikes and a relatively calm year concerning natural disasters. - read more
Escalating Insurance Premiums Place 1.6 Million Australian Households Under Financial Strain Escalating Insurance Premiums Place 1.6 Million Australian Households Under Financial Strain
05 Jan 2026: Paige Estritori

A recent report by the Actuaries Institute has highlighted a concerning trend: 1.6 million Australian households are experiencing affordability stress due to rapidly increasing home insurance premiums. This figure represents a 30% increase over the past year, underscoring the growing financial burden on homeowners. - read more
Increased Broker Activity Reflects Changing Landscape of Australia's Insurance Market Increased Broker Activity Reflects Changing Landscape of Australia's Insurance Market
05 Jan 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has released data indicating a notable surge in broker activity within the general insurance market. For the six months ending December 2024, the number of intermediaries increased to 1,725, up from 1,539 in the previous period. This uptick suggests a shift in how insurance products are being distributed and highlights the evolving role of brokers in the industry. - read more
Understanding the Rise of Latent Defects Insurance in Australia Understanding the Rise of Latent Defects Insurance in Australia
05 Jan 2026: Paige Estritori

Australia's construction industry is witnessing a significant shift towards latent defects insurance (LDI), a trend gaining momentum as New South Wales (NSW) approaches its 2028 deadline to mandate LDI for residential projects. This move underscores the sector's commitment to enhancing structural integrity and homeowner protection. - read more
ICA's Push for Reforms to Lower Insurance Costs in Queensland ICA's Push for Reforms to Lower Insurance Costs in Queensland
05 Jan 2026: Paige Estritori

The Insurance Council of Australia (ICA) has recently submitted a series of recommendations to the Queensland Productivity Commission, aiming to reform the state's construction industry. These proposals are designed to reduce insurance costs and bolster housing resilience, addressing both economic efficiency and disaster preparedness. - read more
Adapting Insurance Strategies Amid Rising Construction Costs in Australia Adapting Insurance Strategies Amid Rising Construction Costs in Australia
05 Jan 2026: Paige Estritori

Australia's construction sector is currently grappling with significant cost escalations, prompting builders to reassess their insurance and risk management strategies. Factors such as supply chain disruptions, inflation, and labor shortages have collectively contributed to an over 30% increase in overall construction costs. - read more
Envest Group Unveils TLI Underwriting for Heavy Motor Fleets Envest Group Unveils TLI Underwriting for Heavy Motor Fleets
04 Jan 2026: Paige Estritori

Envest Group, a prominent player in Australia's insurance sector, has announced the launch of TLI Underwriting, a new agency dedicated to providing specialised insurance solutions for large truck fleets. This initiative marks a significant expansion in Envest's offerings, aiming to address the unique challenges faced by substantial fleet operators. - read more
AFCA Mandates Insurer Payout for Overheated Truck Engine Damage AFCA Mandates Insurer Payout for Overheated Truck Engine Damage
04 Jan 2026: Paige Estritori

The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of a truck owner, ordering an insurer to pay out a claim for engine damage caused by overheating. This decision underscores the critical importance of clear policy terms and the responsibilities of both insurers and policyholders in the claims process. - read more
Insurers Highlight Elevated Road Risks Amid Holiday Freight Surge Insurers Highlight Elevated Road Risks Amid Holiday Freight Surge
04 Jan 2026: Paige Estritori

As the Australian summer school holidays approach, insurers and transport specialists are raising concerns about heightened road risks resulting from the convergence of increased holiday travel and peak freight activity. This period sees a significant uptick in both passenger vehicles and heavy trucks on the roads, amplifying the potential for accidents and necessitating heightened vigilance among all road users. - read more
Australian Super's Claim Delays Raise Concerns Among Members Australian Super's Claim Delays Raise Concerns Among Members
03 Jan 2026: Paige Estritori

Australian Super, one of the nation's largest superannuation funds, is facing criticism over significant delays in processing insurance claims, particularly those related to income protection and total and permanent disability (TPD). Members have reported prolonged waiting periods, leading to financial hardships and uncertainty. - read more
Club Marine Revamps Commercial Boat Insurance Policies Club Marine Revamps Commercial Boat Insurance Policies
03 Jan 2026: Paige Estritori

Club Marine, Australia's leading provider of recreational boat insurance, has announced significant enhancements to its commercial boat insurance offerings. This strategic move aims to better align commercial policies with the company's recreational insurance products, providing comprehensive coverage for vessels used in both business operations and occasional leisure activities. - read more
Marinex Underwriting Enters Australian Marine Insurance Sector Marinex Underwriting Enters Australian Marine Insurance Sector
03 Jan 2026: Paige Estritori

Rhodian Group, a prominent incubator of underwriting agencies in Australia, has announced the launch of its latest venture, Marinex Underwriting. This new agency is set to provide specialized marine insurance products tailored to the unique needs of the Australian market. - read more
Marsh Secures Role in Royal Australian Navy's Maritime Insurance Program Marsh Secures Role in Royal Australian Navy's Maritime Insurance Program
03 Jan 2026: Paige Estritori

Marsh, a leading global insurance broker and risk advisor, has been appointed by the Australian Government to oversee the insurance and risk advisory components of the Royal Australian Navy's Maritime Insurance Program (MIP). This program is integral to the Navy's extensive fleet expansion and infrastructure development initiatives. - read more
Australian Insurers Achieve Significant Profit Growth Amid Rising Premiums Australian Insurers Achieve Significant Profit Growth Amid Rising Premiums
03 Jan 2026: Paige Estritori

Australia's insurance industry has reported an after-tax profit of $6.1 billion for 2024, a substantial increase from the five-year average of $2 billion, according to KPMG's annual review. This surge is attributed to premium hikes and a year with fewer significant weather events. - read more
Rising Insurance Risk Pressures Challenge Australian Businesses Rising Insurance Risk Pressures Challenge Australian Businesses
03 Jan 2026: Paige Estritori

Australian businesses are confronting heightened insurance risk pressures stemming from increased litigation, technological advancements, supply chain disruptions, catastrophic events, and geopolitical tensions. A recent report from Gallagher underscores the importance of risk insights and awareness for organizations preparing for insurance renewals. - read more
Australian Insurers Face Challenges in Cyber and AI Risk Preparedness Australian Insurers Face Challenges in Cyber and AI Risk Preparedness
03 Jan 2026: Paige Estritori

Recent findings from the PwC Insurance Banana Skins Survey indicate that Australian insurers are trailing their global counterparts in preparedness for emerging risks, particularly in the realms of cyber threats and artificial intelligence (AI). This lag poses significant challenges as the industry confronts an increasingly complex risk landscape. - read more
AI and Machine Learning Revolutionise Australian Insurance Industry AI and Machine Learning Revolutionise Australian Insurance Industry
03 Jan 2026: Paige Estritori

Australia's insurance sector is undergoing a significant transformation as companies increasingly adopt artificial intelligence (AI) and machine learning (ML) technologies to enhance operations, improve customer service, and strengthen fraud detection capabilities. This shift comes in response to mounting regulatory pressures, escalating climate-related risks, and the need to modernise legacy systems. - read more
TAL's Health Sense Plus Now Covers Income Protection TAL's Health Sense Plus Now Covers Income Protection
02 Jan 2026: Paige Estritori

In a strategic move to make life insurance more relevant to younger Australians, TAL has expanded its Health Sense Plus program to encompass income protection policies. This initiative allows advisers to offer clients enhanced value through a straightforward preventative health engagement. - read more
APRA Calls for Sustainable Reforms in Income Protection Insurance APRA Calls for Sustainable Reforms in Income Protection Insurance
02 Jan 2026: Paige Estritori

The Australian Prudential Regulation Authority (APRA) has expressed concerns regarding the sustainability of income protection insurance, following significant losses within the industry. Over a five-year period, insurers have reported losses totaling $2.5 billion on this product. - read more
HCF Life Recognised for Excellence in Income Protection Insurance HCF Life Recognised for Excellence in Income Protection Insurance
02 Jan 2026: Paige Estritori

HCF Life, part of Australia's largest not-for-profit health fund, has been honored with the 'Best for Income Protection Insurance (Direct)' award by WeMoney for the third consecutive year. This accolade underscores HCF Life's commitment to providing competitive and customer-focused insurance products. - read more
Significant Drop in Australian Commercial Insurance Rates Significant Drop in Australian Commercial Insurance Rates
02 Jan 2026: Paige Estritori

In a notable development for Australian businesses, commercial insurance rates have experienced a significant decline. According to Marsh's Global Insurance Market Index, the Australia-Pacific market saw an 8% drop in commercial rates during the fourth quarter of 2024, marking the most substantial decrease globally. - read more
Rapid Growth of Australian Insurtech Sector Signals Industry Transformation Rapid Growth of Australian Insurtech Sector Signals Industry Transformation
02 Jan 2026: Paige Estritori

The Australian insurtech sector is experiencing rapid growth, introducing innovations that are set to transform the insurance landscape. A recent report titled 'Insurtech Down Under: Trends, Tech and Triumphs' highlights the sector's expansion and its potential to enhance efficiency, security, and customer engagement within the industry. - read more
IAG CEO Predicts Ongoing Insurance Premium Rises IAG CEO Predicts Ongoing Insurance Premium Rises
02 Jan 2026: Paige Estritori

Insurance Australia Group (IAG), a leading insurer in Australia, has reported a significant 91% increase in net profit for the first half of the 2024-2025 financial year, reaching $778 million. This substantial profit growth is largely attributed to favourable weather conditions during the period. - read more
Climate Change's Impact on Home Insurance Costs Climate Change's Impact on Home Insurance Costs
02 Jan 2026: Paige Estritori

Insurance Australia Group (IAG) has highlighted that climate change is playing a significant role in the rising costs of home insurance premiums across Australia. The insurer's recent report indicates that the increasing frequency and severity of weather events are elevating risks for homeowners, leading to higher insurance costs. - read more
Significant Insurance Premium Increases Reported by Choice Significant Insurance Premium Increases Reported by Choice
02 Jan 2026: Paige Estritori

Consumer advocacy group Choice has released a report highlighting substantial increases in home and contents insurance premiums across Australia. The report indicates that some insurers have raised their rates by over 30% in the past year, significantly outpacing the average premium increase of 16%. - read more
Preparing for Summer Storms: Elders Insurance's Advice to Farmers Preparing for Summer Storms: Elders Insurance's Advice to Farmers
01 Jan 2026: Paige Estritori

As the Australian summer approaches, Elders Insurance has issued a cautionary advisory to farmers, emphasising the heightened risk of storm-related damages during this season. Recent data indicates a significant increase in insurance claims due to summer storms, underscoring the need for proactive measures to safeguard agricultural assets. - read more
New Partnership Offers Insurance Savings for Sustainable Farmers New Partnership Offers Insurance Savings for Sustainable Farmers
01 Jan 2026: Paige Estritori

In a significant move towards promoting sustainable agriculture, WFI Insurance has partnered with AgCarE to offer premium reductions to farmers who achieve AgCarE certification. This collaboration aims to enhance financial, environmental, and social outcomes for Australian farmers and rural communities. - read more
IAG Highlights Climate Change's Impact on Rising Insurance Costs IAG Highlights Climate Change's Impact on Rising Insurance Costs
01 Jan 2026: Paige Estritori

Insurance Australia Group (IAG) has issued a warning to Australians, indicating that home insurance premiums are expected to rise due to the increasing frequency and severity of extreme weather events, a trend attributed to climate change. This development underscores the pressing need for both mitigation and adaptation strategies to address the evolving risks. - read more
Insurers Flag Holiday Road Risks Amidst Freight Traffic Surge Insurers Flag Holiday Road Risks Amidst Freight Traffic Surge
01 Jan 2026: Paige Estritori

As Australia enters the summer holiday season, insurers and transport specialists are raising alarms about heightened road risks resulting from the convergence of increased freight activity and holiday travel. This period sees a significant uptick in both passenger vehicles and heavy trucks on the roads, amplifying the potential for accidents and safety incidents. - read more
Escalating Collision Risks Challenge Australian Fleet Operators Escalating Collision Risks Challenge Australian Fleet Operators
01 Jan 2026: Paige Estritori

Australia's transport and haulage sector is currently navigating a period of heightened operational risk, marked by an uptick in both the frequency and severity of motor collision claims. This trend underscores the pressing need for fleet operators to adopt proactive risk management strategies and leverage advanced insurance solutions to safeguard their operations. - read more
Global Insurtech Investments Halve as AI Adoption Rises Global Insurtech Investments Halve as AI Adoption Rises
01 Jan 2026: Paige Estritori

The global insurtech sector experienced a significant downturn in funding during the fourth quarter of 2024, with total investments plummeting by 50% to US$688.24 million compared to the previous quarter. This decline marks the lowest annual funding level since 2018, with the total for 2024 reaching US$4.25 billion, a 6% decrease from the prior year. - read more
Australia's Insurance Market Set to Surpass $144 Billion by 2029 Australia's Insurance Market Set to Surpass $144 Billion by 2029
01 Jan 2026: Paige Estritori

The Australian general insurance industry is on a trajectory of significant growth, with direct written premiums (DWP) projected to exceed $144 billion by 2029. This forecast, provided by data and analytics firm GlobalData, indicates a substantial increase from the $94.7 billion recorded in 2024, reflecting a compound annual growth rate (CAGR) of approximately 8.8% over the five-year period. - read more
Australian Insurers Report $1.11 Billion Profit Amid Lower Catastrophe Claims Australian Insurers Report $1.11 Billion Profit Amid Lower Catastrophe Claims
01 Jan 2026: Paige Estritori

The Australian general insurance industry has reported a net profit after tax of $1.11 billion for the March quarter, marking a significant financial upswing attributed primarily to a reduction in catastrophe-related losses. This performance underscores the industry's resilience and its ability to adapt to fluctuating risk environments. - read more
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Business Insurance Articles

The Impact of Environmental Liability on Australian Business Operations
The Impact of Environmental Liability on Australian Business Operations
In today's ever-evolving business landscape, the significance of environmental sustainability and legal accountability is increasingly paramount. Australian enterprises, in particular, are encountering a growing need to understand and manage environmental liability. This reality not only influences corporate image but also carries substantial financial and legal ramifications. - read more
Liability Risks: What Small Businesses in Australia Should Know
Liability Risks: What Small Businesses in Australia Should Know
Welcome to our comprehensive guide on liability risks for small businesses in Australia. The world of business is fraught with challenges, and one often overlooked aspect is the array of potential liabilities that can stifle growth or even lead to catastrophic financial loss. It's crucial for small business owners to grasp the critical role that insurance plays in the protection and longevity of their ventures. - read more
How to Assess Your Risk Exposure and Select the Right Indemnity Coverage
How to Assess Your Risk Exposure and Select the Right Indemnity Coverage
Professional indemnity insurance stands as a pivotal safeguard for Australian professionals navigating the intricacies of liability in their work life. This form of insurance is designed to protect professionals against legal costs and claims for damages arising from acts, omissions, or breaches of professional duty in the course of their practice. Whether it's due to an honest mistake or an unforeseen error, the ramifications of such professional oversights can be financially crippling. - read more
Professional Indemnity vs Public Liability: What's the Best Choice for Your Small Business?
Professional Indemnity vs Public Liability: What's the Best Choice for Your Small Business?
As a small business owner, understanding the intricacies of liability insurance is pivotal to safeguarding the fruit of your hard work. Insurances such as professional indemnity and public liability are not just safety nets; they are vital components that can mean the difference between bouncing back and closing down following unforeseen legal hurdles. - read more


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