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    Cyber Insurance Articles

    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
    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
    Understanding the Cost of Cyber Attacks on Small Businesses and How to Avoid Them
    Understanding the Cost of Cyber Attacks on Small Businesses and How to Avoid Them
    Cybersecurity refers to the practice of protecting systems, networks, and programs from digital attacks. These cyber attacks are usually aimed at accessing, changing, or destroying sensitive information, extorting money from users, or interrupting normal business processes. - 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
    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

    Insurance News

    NSW and SA Initiate Trials for Increased Mass Limits on Zero-Emissions Trucks
    NSW and SA Initiate Trials for Increased Mass Limits on Zero-Emissions Trucks
    13 Oct 2025: Paige Estritori
    In a significant move towards sustainable transport, New South Wales (NSW) and South Australia (SA) have commenced trials permitting higher mass limits for zero-emissions trucks. This initiative aims to encourage the adoption of environmentally friendly heavy vehicles by addressing existing regulatory constraints. - read more
    Austroads Survey Uncovers Safety Concerns with Overseas Licensed Heavy Vehicle Drivers
    Austroads Survey Uncovers Safety Concerns with Overseas Licensed Heavy Vehicle Drivers
    13 Oct 2025: Paige Estritori
    A recent survey conducted by Austroads has brought to light significant safety concerns regarding overseas licensed heavy vehicle drivers operating in Australia. With over 1,900 respondents, the survey aims to inform potential policy changes to enhance road safety and driver competency. - read more
    ICA Advocates for Government Reforms to Mitigate Rising Motor Insurance Premiums
    ICA Advocates for Government Reforms to Mitigate Rising Motor Insurance Premiums
    13 Oct 2025: Paige Estritori
    The Insurance Council of Australia (ICA) has issued a call for urgent government action to address the escalating costs of motor insurance premiums. Highlighting a 42% increase in comprehensive motor insurance premiums since 2019, the ICA attributes this surge to various systemic cost drivers. - read more
    Suncorp's Earnings Surge and Share Buyback Announcement
    Suncorp's Earnings Surge and Share Buyback Announcement
    13 Oct 2025: Paige Estritori
    Suncorp, a prominent Australian insurer, has reported an 8% increase in full-year cash earnings, reaching A$1.49 billion for the year ending June 30, 2025. This performance exceeded analyst expectations and underscores the company's robust financial health. - read more
    ASIC's Legal Action Against RACQ Insurance: What You Need to Know
    ASIC's Legal Action Against RACQ Insurance: What You Need to Know
    13 Oct 2025: Paige Estritori
    The Australian Securities and Investments Commission (ASIC) has commenced Federal Court proceedings against RACQ Insurance, alleging that the insurer misled more than 570,000 customers through deceptive premium comparison figures in renewal notices issued between September 2019 and December 2024. - read more

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    Loss Ratio:
    The ratio of claims paid by an insurer to the premiums earned, used as a measure of profitability.