Ensurance has launched latent defects insurance in Australia, supported by Lloyd’s as capacity provider. The cover protects policyholders against damage to property from structural defects, when discovered up to 10 years after a building’s construction. Click here to read more.
UAC is circulating this information to alert the market that Professional Risk Underwriting Pty Ltd (ProRisk) became aware this week that its operating network has been affected by a phishing attempt. ProRisk’s IT Department acted quickly to isolate the malicious code within the system. That involved shutting down the system and closing any security gaps. [...]
The Lacrosse fire litigation is the topic for UAC morning seminars in Sydney and Brisbane in July. Click here to read more in UAC’s latest eNewsletter or go straight to Events to register.
The New Zealand Government has charged officials at the Ministry of Business, Innovation and Employment with reviewing NZ’s insurance law and making recommendations about changes required. The industry has the opportunity to provide submissions. Click here to read more in UAC’s latest NZ eNewsletter.