Victorian Earthquake… appears to have caused manageable insurance damage despite some graphic pictures

2021-09-23T11:29:42+10:00Thursday 23 September 2021|Latest News|

This article from JP Morgan Securities Australia shared with permission. Victoria was struck by an earthquake that caused damage in Melbourne. Our interpretation of media reports and early estimates of losses suggest that economic losses are likely to be ~US$100m – with insured losses for the whole market likely to be less than the total [...]

Congratulations to UAC Young Guns

2021-07-01T15:47:37+10:00Thursday 1 July 2021|Latest News|

UAC members’ future leaders feature heavily in Insurance Business magazine’s 2021 Young Guns list. General insurance’s rising superstars - all age 35 and younger - were nominated by their colleagues, managers and mentors for demonstrating excellence. Insurance Business reviewed all nominations and narrowed the list down to 41 most outstanding young professionals. Alex Stefan, technical [...]

ProRisk wins ANZIIF’s Most Valuable Team for 2021 award

2021-06-25T15:19:30+10:00Friday 25 June 2021|Latest News|

ProRisk’s claims team has been awarded Most Valuable Team for 2021 by ANZIIF. Chloe Thomas, Group Claims Manager for ProRisk, said the award was a testament to the “smart, dedicated, hardworking, professional, and empathetic people” in the claims team. “Fantastic humans working collaboratively and proactively to deliver an outstanding claims service to our insureds.” Hamish [...]

Future of insurance report available

2020-08-11T16:13:15+10:00Tuesday 11 August 2020|Latest News|

In late May, UAC asked agency member principals to complete a survey for Business Service member Clyde & Co about their experiences in the Covid-19 pandemic and what they expect the future of insurance will look like. Thanks to all who participated. The results are now available. Download the report. The survey shows what respondents [...]

JobKeeper 2.0 starts after Sept

2020-07-31T15:20:43+10:00Friday 31 July 2020|Latest News|

The second tranche of the JobKeeper scheme changes the eligibility test for employers and the amounts paid to employees. UAC accountant and Business Service Member WLM Financial has prepared information on what the new scheme looks like. If your business currently receives JobKeeper, arrangements will remain unchanged until 27 September 2020. After that date, employers [...]

Portal assists small business recovery

2020-06-29T16:09:41+10:00Monday 29 June 2020|Latest News|

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) is ready to help SMEs emerging from hibernation and keen to make the most of easing Covid-19 restrictions. ASBFEO’s My Business Health web portal has useful information for small business owners ready to re-open or ramp up their operations. It’s a one-stop shop for state-by-state information [...]

WLM insights, Covid-19 updates

2020-06-25T15:18:21+10:00Thursday 25 June 2020|Latest News|

As the 2019-20 financial year closes, UAC accountant and business service member WLM Financial has provided useful information about tax and superannuation changes that take effect on July 1. Read more here. It is also warning that ATO is on the lookout for businesses that may have made adjustments to their circumstances to be eligible [...]

Tax relief for Covid-19

2020-06-19T14:23:12+10:00Thursday 18 June 2020|Latest News|

Want to know what tax relief measures are available in your state or territory for Covid-19 pandemic support? Sensis, the platforms and marketing services company that owns the Yellow Pages and the White Pages, has produced a useful guide that breaks down what relief is available in each jurisdiction. Here’s a link to the article.

Personal lines insurers’ responses

2020-06-04T15:21:18+10:00Thursday 4 June 2020|Latest News|

Business service member Finity has summarised personal lines insurers’ Covid-19 responses so far in a new article. It has particularly focused on the largest classes of business, motor and home, and included a deep dive into landlords’ cover. Author Marcello Negro considers a key question for insurers – how their top and bottom line impacts [...]

Go to Top