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    Cyber Insurance Articles

    The Importance of Cyber Risk Management in Modern Business
    The Importance of Cyber Risk Management in Modern Business
    Cyber risk management involves identifying, assessing, and prioritizing potential risks to an organization's digital assets and implementing measures to mitigate these threats. - read more
    Cyber Security Checklists: Keeping Your Small Business Safe
    Cyber Security Checklists: Keeping Your Small Business Safe
    In today's digital age, cyber security has become a critical aspect for small businesses in Australia. As more operations move online, the potential for cyber threats increases. Small businesses are particularly vulnerable, making it essential to understand and address these risks proactively. - read more
    Case Studies: The True Impact of Cyber Attacks on Australian Small Businesses
    Case Studies: The True Impact of Cyber Attacks on Australian Small Businesses
    As we delve into the digital era, the number of cyber threats that challenge Australian small businesses is significantly on the rise. Cyber attacks have become more sophisticated, frequent, and continue to disrupt the operations of small enterprises, often with devastating consequences. The need to fortify defenses against such threats has never been more paramount. - read more
    10 Common Online Liabilities and How to Mitigate Them
    10 Common Online Liabilities and How to Mitigate Them
    In this digital age, online liabilities have become a crucial concern for individuals and businesses alike. At its core, an online liability refers to the potential risks and responsibilities associated with using the internet. These risks can range from data breaches to financial theft, and they have significant implications in our increasingly connected world. - read more
    Cyber Insurance 101: What Every Australian Business Owner Needs to Know
    Cyber Insurance 101: What Every Australian Business Owner Needs to Know
    Cyber insurance, also known as cyber liability insurance, is a type of coverage designed to protect businesses from the financial repercussions of cyber attacks and data breaches. As cyber threats become more sophisticated, the need for a safety net to mitigate the impact of such incidents has grown significantly. - read more

    Insurance News

    APRA Implements Cap on High DTI Home Loans to Address Housing Market Concerns
    APRA Implements Cap on High DTI Home Loans to Address Housing Market Concerns
    13 Dec 2025: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks in the housing market. Effective February 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting such loans to 20% of new home lending. This measure applies to both owner-occupiers and investors, with the exception of new housing developments. - read more
    CHU's 2025 State of the Strata Market Report: Key Insights for Property Owners
    CHU's 2025 State of the Strata Market Report: Key Insights for Property Owners
    13 Dec 2025: Paige Estritori
    CHU, Australia's leading strata insurance underwriting agency, has released its 2025 State of the Strata Market report, providing a comprehensive analysis of current industry trends and challenges. The report indicates that strata insurance premiums have experienced a modest increase of 2.8% over the past year, rising from an average of $954 to $981 per lot annually. This growth rate is notably lower than the 3. - read more
    NSW Fair Trading Proposes New Powers to Ensure Strata Property Maintenance
    NSW Fair Trading Proposes New Powers to Ensure Strata Property Maintenance
    13 Dec 2025: Paige Estritori
    The New South Wales (NSW) government has introduced a new tranche of strata reforms to parliament, aiming to enhance the maintenance and safety of apartment buildings across the state. A key component of these reforms is the proposal to grant NSW Fair Trading the authority to enter any apartment building without a warrant if there are reasonable grounds to believe that the owners corporation is failing to maintain common property adequately. - read more
    ACCC Halts IAG's Acquisition of RAC Insurance Over Competition Concerns
    ACCC Halts IAG's Acquisition of RAC Insurance Over Competition Concerns
    11 Dec 2025: Paige Estritori
    The Australian Competition and Consumer Commission (ACCC) has recently blocked Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance Pty Limited. This decision underscores the regulator's commitment to maintaining competitive dynamics within Western Australia's insurance market. - read more
    Suncorp Reaches Maximum Reinsurance Retention Following Severe Storms in Queensland and NSW
    Suncorp Reaches Maximum Reinsurance Retention Following Severe Storms in Queensland and NSW
    11 Dec 2025: Paige Estritori
    Recent supercell thunderstorms in South East Queensland and northern New South Wales have led to a surge in insurance claims, prompting Suncorp to reach its maximum reinsurance retention of $350 million. The insurer has reported over 10,000 claims related to these events, with approximately half pertaining to home damages and the other half to motor vehicles. - read more

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    Knowledgebase
    Term Life Insurance:
    A life insurance that provides a cover for a specific period of time - usually one to five years or until the insured reaches age 65 or 70.