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Agencies offer tailored home-based business insurance

2022-08-03T11:00:48+10:00Wednesday 3 August 2022|Latest News|

The debate about whether domestic insurance policies should cover home-based businesses lacks an understanding of how the insurance market operates, says William Legge, General Manager of the Underwriting Agencies Council. “Traditional domestic home insurance policies were not designed to cover businesses operating from home because the risk assessment is different,” Mr Legge said. “Some insurers [...]

Do you know your employer obligations when it comes to Parental Leave?

2022-05-09T11:12:28+10:00Friday 6 May 2022|Latest News|

Do you know your employer obligations when it comes to Parental Leave? With Mother’s Day happening this week, it is a joyous occasion for many mothers in the workplace to celebrate. For employers, understanding leave obligations can be a challenge, especially regarding your employees’ entitlements. For information on this, download our Factsheet on: Entitlements to [...]

Updated data shows 2022 flood was Australia’s costliest

2022-05-04T11:48:20+10:00Wednesday 4 May 2022|Latest News|

The Insurance Council of Australia (ICA) today provided updated data on the storms and floods that impacted South-East Queensland and coastal New South Wales in February and March, showing that the event is estimated to be Australia’s costliest flood ever. Using actual claims costs from 197,000 claims across both states, the event is estimated to [...]

UAC Board 2021 – 2023

2021-12-20T12:00:43+11:00Thursday 9 December 2021|Latest News|

Following the AGM today, the newly elected board and positions are: Chair - Kurt Nilsen Deputy Chair - Emily Walker Treasurer - Trent Brown Company Secretary and Public Officer - Heath Amber Director - Jeanene Hill Director - Anthony Porter Director - Mike Edmonds Director - Simon Lightbody

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 [...]

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