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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Environmental By Jun 20, 2025 Share The Australian Securities and Investments Commission (ASIC) has said combating greenwashing is “critical to maintaining trust in sustainable finance-related products and services.” During the last two years the regulator has reported dozens of regulatory interventions. An ASIC investigation recently led to a $10 million plus Federal Court penalty for Active Super.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Technology By Jun 19, 2025 Share Industry stakeholders expect artificial intelligence (AI) to transform the global insurance business model by significantly changing the industry’s skill base and also by facilitating more predictive and less reactive risk management and claims processes. “When we talk about transformation, we could say lots of things around automation,” said Troy Dehmann (main picture, left side), Beazley’s chief operating officer.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By Jun 19, 2025 Share United Risk Global has acquired Sydney based insurance firm, Pinnacle Underwriting and its affiliate Pinnacle Holdings Group.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By Jun 19, 2025 Share This week, the Insurance Brokers Code Compliance Committee (IBCCC) announced that it sent letters to three insurance brokers sanctioning them for repeated failures to report breaches and complaints data. The sanction is a referral to NIBA for possible further action. The names of the offending brokers were not revealed.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Technology By Jun 18, 2025 Share Australia’s major insurers, including Suncorp, QBE and Insurance Australia Group (IAG) have undergone years of significant technological upgrades that have seen legacy computer systems replaced by faster, more customer friendly platforms. The upgrades have often focused on claims processes and directly sold retail insurance offerings rather than intermediated areas of business.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Travel By Jun 17, 2025 Share Some underwriting agencies are reporting increasing broker opportunities in the corporate travel space. They say the complexity of the risks facing business travellers – likely including today’s geopolitical volatility from the United States to the Middle East – have created a niche. More corporate travellers, they say, are turning to brokers for adaptable covers, rather than off the shelf insurance.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Travel By Jun 17, 2025 Share Some underwriting agencies are reporting increasing broker opportunities in the corporate travel space. They say the complexity of the risks facing business travellers – likely including today’s geopolitical volatility from the United States to the Middle East – have created a niche. More corporate travellers, they say, are turning to brokers for adaptable cover, rather than off the shelf insurance.
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2 weeks ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By Jun 14, 2025 Share The insurance industry, from big insurers to small brokerages, continues to grapple with recruitment issues. The challenges range from an aging workforce to the industry’s persistent image problem with younger job seekers. Talent and recruitment issues are a focus of the upcoming Women in Insurance Summit in Sydney on August 21. Many industry stakeholders agree that one answer to some of these problems is more mentorship programs.
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2 weeks ago | 
insurancebusinessmag.com | Daniel Wood
Cyber By Jun 13, 2025 Share Some industry stakeholders say cyberattacks driven by artificial intelligence (AI) are presenting SMEs with increasing insurance coverage challenges. However, they also say the risk management advice brokers can give SMEs is an important defence against this growing threat. “Yes, SMEs are increasingly facing challenges when it comes to insurance coverage for AI-driven attacks, such as deepfake CEO impersonations,” said Mitch Riley-Meijer (main picture).
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2 weeks ago | 
nytimes.com | Samuel Granados |Pablo Robles |Daniel Wood
Maps show how an Air India flight carrying 242 passengers and crew members crashed in the city of Ahmedabad shortly after taking off.
