Rebecca McCaughan

Jan 28, 2024 | lexology.com | Michael Vrisakis |Tamanna Islam |Shan-Verne Liew |Madeline Muddle |Rebecca McCaughan

Claims handling in insurance is currently a key focus of ASIC, with ASIC Deputy Chair Karen Chester recently calling for action from insurers to get the basics right and warning of the risks of enforcement action. ASIC has indicated it is closely monitoring claims handling processes and has already commenced several investigations across the insurance sector.