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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

    Cyber Insurance: Safeguarding Your Business Assets and Reputation in the Digital Age
    Cyber Insurance: Safeguarding Your Business Assets and Reputation in the Digital Age
    Cyber Insurance is a type of insurance policy that protects businesses against internet-based risks and threats. This policy covers damages and losses caused by cyber attacks, such as theft of customer information, network downtime, and damage to reputation. - read more
    Understanding the Risks: How Cyber Threats Can Cripple Your Business
    Understanding the Risks: How Cyber Threats Can Cripple Your Business
    In today's rapidly evolving digital landscape, Australian businesses face an ever-increasing array of cyber threats. From sophisticated phishing schemes to ransomware attacks, these dangers lurk in the virtual shadows, often going unnoticed until it's too late. Recognizing and understanding these cyber risks is not just important; it's crucial for the sustainability and success of any modern enterprise. - read more
    The Essential Guide to Cyber Insurance for Australian Small Businesses
    The Essential Guide to Cyber Insurance for Australian Small Businesses
    In the digital age, Australian small businesses find themselves navigating a world where online presence isn't just an advantage, it’s a necessity. With this increased online activity comes heightened vulnerability to cyber threats, making the protection of digital assets an urgent priority. - read more
    Cyber Security Essentials: Steps to Secure Your Online Business in Australia
    Cyber Security Essentials: Steps to Secure Your Online Business in Australia
    As the digital economy flourishes, Australian businesses are enjoying the fruits of their own cyber-infrastructure but are also becoming increasingly susceptible to cyber threats. The era of the internet has ushered in a wave of new opportunities, yet it also demands vigilance in the face of growing cyber risks. With cyberattacks becoming more sophisticated and frequent, the imperative for robust cyber security measures has never been more pronounced. - read more
    Cyber Insurance Claims: What Small Business Owners Need to Know
    Cyber Insurance Claims: What Small Business Owners Need to Know
    Cybersecurity incidents are a growing concern for small businesses. These incidents can have disastrous consequences on the affected businesses and their customers. Cyber insurance policies provide a form of financial protection for small businesses in the event of a cyber-attack. This article will provide an overview of cyber insurance claims and its importance for small business owners. - read more

    Knowledgebase
    Coinsurance:
    A percentage of the cost of a covered healthcare service that you pay after you have paid your deductible.