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    Insurance News

    Newline Group Strengthens Australian Presence with Sydney Office and Key Appointment
    Newline Group Strengthens Australian Presence with Sydney Office and Key Appointment
    14 Apr 2026: Paige Estritori
    Specialty insurer Newline Group has announced the opening of a new office in Sydney, marking a significant expansion of its Australian operations. This strategic move aims to bring the company closer to its distribution partners and clients in the region, enhancing service delivery and fostering stronger relationships. - read more
    Markel Insurance Introduces Tailored Financial Institution Products for Australian Market
    Markel Insurance Introduces Tailored Financial Institution Products for Australian Market
    14 Apr 2026: Paige Estritori
    Markel Insurance has unveiled a suite of financial institution products specifically designed for the Australian market, featuring localized policy wordings to better address the unique needs of local businesses. This initiative reflects Markel's commitment to providing tailored insurance solutions that resonate with the specific requirements of Australian financial institutions. - read more
    KPMG Survey Highlights Australian CEOs' Changing Views on Office Work
    KPMG Survey Highlights Australian CEOs' Changing Views on Office Work
    14 Apr 2026: Paige Estritori
    A recent survey conducted by KPMG has unveiled a significant shift in the expectations of Australian CEOs regarding office work. The findings indicate that only 22% of those surveyed anticipate a full-time return to the office for corporate employees within the next three years. This marks a substantial decrease from the 82% reported in the previous year, signaling a notable change in leadership perspectives on workplace dynamics. - read more
    IAG's Recommendations to the Federal Inquiry on Small Business Insurance
    IAG's Recommendations to the Federal Inquiry on Small Business Insurance
    14 Apr 2026: Paige Estritori
    Insurance Australia Group (IAG) has recently submitted its recommendations to the Federal Parliamentary Joint Committee on Corporations and Financial Services, focusing on the Inquiry into Small Business Insurance. In its submission, IAG outlines how small business insurance operates across its retail and intermediated channels and provides recommendations to support stronger, more sustainable outcomes for small businesses in Australia. - read more
    ASIC Directs 11 Insurers to Refund $815 Million to Customers
    ASIC Directs 11 Insurers to Refund $815 Million to Customers
    14 Apr 2026: Paige Estritori
    The Australian Securities and Investments Commission (ASIC) has ordered 11 insurance companies to refund a total of $815 million to customers following an investigation into pricing failures and governance issues. The investigation revealed that these insurers engaged in complex and reckless pricing models, lacked appropriate governance systems, and failed to adequately monitor and control their distributors, leading to millions of customers being overcharged. - read more
    Cyber Insurance Articles

    Strengthen Your Defences: Implementing Effective Cybersecurity Protocols
    Strengthen Your Defences: Implementing Effective Cybersecurity Protocols
    In today's digital age, understanding the cyber threat landscape in Australia is not just important—it's essential. Cyber attacks are becoming more sophisticated and are affecting businesses and individuals at an alarming rate. Common types of cyber attacks include phishing, ransomware, and data breaches, each with the potential to cause significant harm. The impact of cybersecurity breaches on both the economy and the reputation of affected entities is profound, ranging from financial loss to long-lasting reputational damage. - read more
    Protecting Your Business from Online Threats: The Benefits of Cyber Insurance
    Protecting Your Business from Online Threats: The Benefits of Cyber Insurance
    In today's digital age, businesses are increasingly becoming more vulnerable to online threats. Cyber attacks are not just limited to large corporations. Small businesses are also at risk and can suffer severe financial losses due to cyber threats. It is essential for small businesses to invest in cyber insurance. Cyber insurance offers protection against online threats, providing financial assistance if a company experiences a data breach, cyber attack, or other forms of cybercrime. - read more
    Data Breach Recovery: A Comprehensive Guide for Australian Businesses
    Data Breach Recovery: A Comprehensive Guide for Australian Businesses
    Data breaches have become a significant concern for businesses in today's digital landscape. Simply put, a data breach occurs when sensitive, protected, or confidential information is accessed, disclosed, or used without authorization. The implications of such breaches can be far-reaching, affecting not just financial health but also the reputation of businesses and the security of individuals involved. - read more
    How to Protect Your Small Business from Cyber Threats
    How to Protect Your Small Business from Cyber Threats
    In today's digital age, the rising importance of cybersecurity for small businesses in Australia cannot be overstated. As technology permeates every aspect of business operations, it offers tremendous advantages but also exposes small businesses to a growing array of cyber threats. These threats are increasingly targeting small companies, seeking to exploit vulnerabilities and potentially cause significant financial and reputational damage. - read more
    Understanding the Importance of Cyber Insurance in the Digital Age
    Understanding the Importance of Cyber Insurance in the Digital Age
    As we dive deeper into the digital era, the topic of cyber security becomes increasingly critical. With businesses and individuals relying heavily on digital technologies, the threat of cyber attacks looms larger than ever. This introductory section aims to unpack the concept of cyber insurance as a tool to mitigate these risks. - read more

    Knowledgebase
    Insurance Deductible:
    the amount that an insured is required to contribute toward an insurance claim as stipulated in an insurance policy. Otherwise known as the "policy excess".