23 Aug, 2019

PI turmoil set to persist, says Aon

2019-08-23T04:34:16+00:0023 Aug, 2019|Categories: News|

Securing professional indemnity (PI) cover will remain tough for building certifiers and other high-risk professionals as insurers look to cut their losses, according to an Aon report. Insurers lost $1.03 for every $1 in premium earned in the March quarter, the broker says, citing statistics from the Australian Prudential Regulation Read more

9 Aug, 2019

Water Damage Claims

2019-08-09T06:20:03+00:009 Aug, 2019|Categories: News|

A recent survey by Chubb Insurance found that the size of household internal water damage claims has risen 72% in the last five years and the issue is now a more common and costly risk for properties than burglary or fire. The average claim size received by Chubb Australia jumped Read more

13 Dec, 2018

Distraction a leading cause of crashes

2018-12-13T01:33:31+00:0013 Dec, 2018|Categories: News|

10 December 2018 Most types of road accident are increasing, with driver distraction largely to blame, according to AAMI's annual crash index. People taking their eyes off the road or trying to "multi-task" are the most common causes of accidents, the insurer says. The NT had the dubious distinction of Read more

13 Dec, 2018

ICA warns on Airbnb cover gap as holidays loom

2018-12-13T01:17:49+00:0013 Dec, 2018|Categories: News|

10 December 2018 People who rent their homes via short-stay websites such as Airbnb may not be covered for damage, the Insurance Council of Australia (ICA) warns. More than 140,000 properties will be listed for short-term rental during the holidays, and most insurers regard this as commercial use of the Read more

23 Oct, 2018

Storm Season – Are you prepared?

2018-10-23T22:57:14+00:0023 Oct, 2018|Categories: News|

With temperatures starting to rise across Queensland it’s a timely reminder for your clients to prepare for the upcoming storm season. The recent hail storm that hit the South Burnett underscores this ever-present threat. Despite only a small number of severe weather events passing through south-east Queensland last storm season Read more