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4 days ago | 
insurancebusinessmag.com | Daniel Wood
Motor & Fleet By May 13, 2025 Share Insurance Business is investigating taxi and rideshare clubs in Victoria allegedly selling substandard motor covers to 100s of drivers. These incorporated associations sell coverages without the Australian Financial Services Licence (AFSL) legally required by insurance firms. Some sources say this costs consumers and insurers millions of dollars each year and likely contributes to steeply rising motor premiums.
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5 days ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 12, 2025 Share Prime Minister Anthony Albanese has confirmed that Dr Daniel Mulino (main picture) will be the next Assistant Treasurer and Financial Services minister. The role is responsible for economic policy relevant to the insurance industry. The Prime Minister, according to news reports, confirmed the appointment this morning in Canberra during an announcement about the government’s new cabinet.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 10, 2025 Share At a recent insurance event, Tim Grafton (pictured), former Insurance Council of New Zealand (ICNZ) CEO, presented his view of the challenges facing local brokers and underwriters in the softening market. He also pointed to the industry uncertainty around the degree and extent of the softening, and suggested strategies to deal with it. Only about half the room raised hands.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Catastrophe & Flood By May 10, 2025 Share According to stakeholders, the French wine industry, the most lucrative in the world, is supported by numerous insurance brokers that specialise in risk managing and providing coverages for wineries and vineyards. Australia, by volume the fifth biggest exporter of vino globally, also has a substantial wine industry. However, wineries and vineyards Down Under don’t have access to the same broker expertise as their French counterparts.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 09, 2025 Share Australia’s insurance sector is ramping up its calls for urgent tax reform as escalating climate-related disaster costs and inflationary pressures continue to drive up premiums.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 09, 2025 Share Insurance professionals from around the country gathered at The Hilton Hotel in Sydney last Friday for the Insurance Business Australia Awards 2025. More than 420 people celebrated the industry’s high achievers across 21 categories and enjoyed a three-course dinner, music and live entertainment.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 08, 2025 Share Some global insurance brokerages offer what’s called human capital strategies. These approaches help clients make the best use of their most costly and risky asset: employees. With economic and political instability, together with rising workplace issues around anxiety and depression, all adding to industry staffing challenges, brokers could find opportunities offering risk advice to SMEs that incorporate human capital strategies.
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1 week ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 08, 2025 Share Some global insurance brokerages offer what’s called human capital strategies. These approaches help clients make the best use of their most costly and risky asset: employees. With economic and political instability, together with rising workplace issues around anxiety and depression, all adding to industry staffing challenges, brokers could find opportunities offering risk advice to SMEs that incorporate human capital strategies.
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2 weeks ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 03, 2025 Share On Friday night, hundreds of industry professionals gathered for the Insurance Business Australia Awards 2025. During a gala dinner at The Hilton Hotel in Sydney, the industry’s finest were celebrated. The award winners are now revealed. The awards acknowledge the hard work of the industry’s best across 21 categories.
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2 weeks ago | 
insurancebusinessmag.com | Daniel Wood
Insurance News By May 02, 2025 Share In a recent article, Insurance Business asked brokers if they were facing a soft skills Armageddon. IB suggested that digital technology and the talent crunch could lead to soft skills becoming far less important, even redundant, in the years ahead. The insurance professionals interviewed strongly refuted this and even advocated for brokers further developing their soft skills. But what types of soft skills does a broker need?
