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The Risks of Drinking and Driving During Holiday Party Season

16 December 2024
The holiday season is a time for celebration, but it also brings an increased risk of drinking and driving. As insurance brokers, we want to emphasize the severe consequences of driving under the influence (DUI) and how it can impact your insurance claims. The Dangers of Drinking and Driving ...

Preparing for Storm Season: Essential Tips for Homeowners

16 December 2024
Preparing for Storm Season: Essential Tips for Homeowners By Jon Stack – Principal Action Insurance Brokers. As insurance brokers, we know from experience how costly and disruptive a storm can be to your home. Whilst you may have insurance, it would be fair better to protect the home rather than...

Australians urged to secure travel insurance ahead of summer holidays - Areas to review in policies outlined

16 December 2024
Written by Roxanne Libatique for Insurance Business magazine Reproduced with permission Dec 14, 2024 With school holidays approaching, the Insurance Council of Australia (ICA) has encouraged Australians traveling abroad this summer to secure comprehensive travel insurance. The organisation empha...

AI shapes as key cyber battleground: S&P

09 December 2024
Artificial intelligence will be a “key focus” for the cyber insurance industry as attackers and defenders aim to deploy it. S&P Global Ratings’ new cyber outlook says AI is accelerating the automation of hacking, particularly in relation to tailored phishing and email extortion, which can now...

Industry braced for climate impact on business: APRA

09 December 2024
More than 90% of general insurers and reinsurers expect climate change to affect their underwriting, according to an Australian Prudential Regulation Authority survey. Risk to pricing certainty and policy exclusions are among areas where climate impacts will be felt, the regulator finds. APRA say...