According to the Insurance Council of Australia (2022), 2022 was Australia’s costliest year due to severe weather events. With actual claims costs from 197,000 claims, the insured losses amount to an estimated $3.35 Billion. Our team in the support and claims centre deal with the victims of these … [Read more...] about The Emotional Side to Claims Management
UAC is excited to announce the appointment of Jenny Bax, in the role of Chief Executive Officer. Jenny joins Underwriting Agencies Council (UAC) with a wealth of knowledge in the insurance sector, with more than 25 years of insurance industry experience and a proven track record in successfully … [Read more...] about New CEO Announced
In the 25 years that Sedgwick has been handling product recalls — more than 5,000 to date - we’ve seen awareness of these events increase significantly. Whilst many businesses are self-insured, those buying cover continues to grow; this risk transfer means that insurers are paying out on a … [Read more...] about Sedgwick’s ‘recall ready’ service enables faster response to product recall events.
The Underwriting Agencies Council has four new directors. The new directors, who will each serve for two years, were declared elected at today’s annual general meeting (AGM) in Sydney. They are: Colin Fagen, founder and managing director of Blue Zebra Insurance Simon Lightbody, CEO of … [Read more...] about New directors join UAC board
Hutch Underwriting launched a new residential Strata insurance policy today that in addition to the usual property and liability covers, for the first time offers body corporates protection from the wave of cybercrime impacting Australia. Hutch’s CEO, Robin Johnson, explained, “The Australian … [Read more...] about Hutch Underwriting’s new Strata policy addresses increasing cyber risk for Australians
SE 224 Daily Tally 24 November There has been a 5.7% increase in SE 224 claims overnight to 3,037 total. View Online SE 224 Daily Tally 21 November The claim count for SE 224 rose by 26.5% over the weekend to 2,175. View Online CAT 221 - SEQ, NSW Extreme … [Read more...] about CAT 221 Weekly Update
Construction & contract works AGILE’s construction underwriters are engineers who live and breathe construction. Our team has an excellent offering for both single projects and annual contract work. We can assist with your hard-to-place risks and also with your vanilla placements. Contract … [Read more...] about Monthly highlights for you to maximise business through AGILE
Delta Insurance Australia has launched a comprehensive package policy policy to protect the country’s tech industry from ever-increasing cyber attacks and data and network liability. MediaTech, as it has been named, covers a wide range of technology-based risks such as software failures, media … [Read more...] about Delta Insurance Australia launches comprehensive MediaTech policy for tech companies