Insurance Business Australia

20/07/2025

The future of insurance is being written now. Join top industry leaders as they explore how to navigate inflation, regulation, AI, and more — with a focus on staying resilient and agile through the next decade.

Get strategic insights to manage volatility, understand economic impacts, and unlock growth through innovation.

🎙️ Speakers:
Simone Dossetor, CEO, InsurTech Australia
Tetiana George, CEO & Co-Founder, Curium
Simon Lightbody, CEO, Rhodian Group
Michael Miller, Chief Executive, Commercial & Personal Injury Insurance, Suncorp
Moderator: Nick Cook, EGM, Australasian Networks, Broker & Insurer Services, Steadfast Group

Gain insights to tackle inflation, market volatility, and future-proof your strategy over the next 5–10 years.

🔗 Register now to future-proof your leadership: https://hubs.la/Q03xKz2g0

18/07/2025

NTI, Australia's leading specialist insurance provider, addresses marine risks with an integrated approach for challenges in the dynamic shipping industry. Dan Morrison, Head of Marine Portfolio at NTI, highlights its commitment to client integration and leveraging technology for solutions to modern issues like alternative fuels, climate disruptions, and e-commerce surges.

Understand how NTI navigates marine insurance and safeguards Australia's supply chain by reading the full feature.

https://hubs.la/Q03xCnDW0

NTI is reshaping marine insurance culture – embedding with clients, anticipating risk and aligning services with the pace of modern shipping rather than waiting for problems to arrive

18/07/2025

AIG has announced the appointment of former Lloyd’s chief John Neal (pictured) as its incoming president, effective Dec. 1.

https://hubs.la/Q03xB-SH0

Seasoned exec set to oversee insurance strategy worldwide

18/07/2025

The increasing wave of mergers within the Australian insurance sector is raising significant questions about their true impact on both insurance brokers and their valued customers.

Industry experts, including Stacey Hooper, EY's Oceania Insurance Leader, and Daryn Saretzki from EY-Parthenon Oceania division, are closely examining whether these consolidations, involving major players such as Allianz Australia and IAG, could lead to reduced product choice, simplified offerings, or even higher prices for consumers, concerns also echoed by the Motor Trades Association of Australia.

https://hubs.la/Q03xNJTy0

The result can be product simplification and higher prices

18/07/2025

: ARAG SE, the big German insurer, is withdrawing from the Australian market. A media release from the company headquarters in Düsseldorf said existing policies will continue to be serviced but the firm will not renew policies or take on new business.

https://hubs.la/Q03xNJw50

"It's time for us to leave"

18/07/2025

Allianz welcomes 300 new RAA employees, while IAG gets the green light for RACQ. But integrating insurance giants can be challenging. Insurance Business takes a look.

https://hubs.la/Q03xNJBF0

&A

It's "a highly challenging endeavour"

18/07/2025

The complexities of scaffolding work in the construction industry present significant risks and a uniquely challenging landscape for insurance, with limited market capacity for specialised cover. David Jones, Managing Director at Edge Underwriting, offers crucial insights into these high-hazard exposures, explaining the stringent underwriting criteria and the difficulties brokers face in securing adequate protection for clients involved in scaffolding operations.

https://hubs.la/Q03xB_jg0

What brokers need to know

18/07/2025

Vero revolutionises its commercial insurance approach, driven by broker feedback to deliver a solution-focused strategy combining stability with niche agility. Michael Miller, alongside David Hoffmann and Laura Broughton, detail how this journey addresses concerns on responsiveness and relevance, positioning Vero as a leading broker partner.

Discover insights behind Vero's strategy and how its broker-centric solutions reshape the Australian commercial insurance landscape by reading the full feature.

https://hubs.la/Q03xCn6f0

Vero has undergone a significant transformation in response to broker feedback, leading to its recognition as a top insurer

17/07/2025

👏 A big thank you to Pickles for supporting the Women in Insurance Summit Australia 2025!

With over 60 years of experience and 850+ passionate employees, Pickles is Australia's trusted leader in asset remarketing and auctioneering. Their commitment to creating thriving marketplaces and delivering tailored solutions ensures everyone wins — including the future of women in insurance.

🔗 Join us at and be part of the conversation shaping tomorrow’s leaders.

https://hubs.la/Q03xKzn60

17/07/2025

Property owners within the National Disability Insurance Scheme sector are confronting unique and complex insurance challenges, particularly concerning properties that blend commercial and residential uses, as well as those with intricate sublease arrangements. Gida Irving, Director of Amazon Underwriting, an agency specialising in niche insurance markets, underscores the critical need for brokers to meticulously educate clients on securing appropriate coverage tailored to these specialised NDIS properties.

https://hubs.la/Q03xv9Sz0

Brokers can play a frontline education role

16/07/2025

The Australian financial institutions (FI) insurance market is experiencing a significant upturn in capacity and competition, signalling a crucial turning point for brokers, despite not yet fully returning to pre-Hayne Royal Commission levels.

https://hubs.la/Q03xcY9t0

However, it's still not what it was before the Hayne Royal Commission

16/07/2025

The recent cyberattack on Qantas, which saw the compromise of 5.7 million customer records, offers critical cyber risk management lessons for insurance brokers operating in the Australian market.

https://hubs.la/Q03xcWV_0

The data of 5.7 million customers was compromised but there was no evidence any stolen information was "released"