Australia’s five largest banking and financial services institutions have paid a total of $119.7 million in compensation as at 30 June 2019...
News
ASIC update on compensation by institutions for poor fi ...
AUB Group to redesign and expand AIMS
AUB Group has announced a restructure of AIMS, following the recent decision to mutually end the broking group’s joint-venture agreement with...
AFCA announces two major appointments
The Australian Financial Complaints Authority (AFCA) has revealed two major appointments, Dr June Smith has been announced as the Deputy Chief...
Vulnerable Clients and the Insurance Industry
NIBA CEO, Dallas Booth has expressed his views on vulnerable clients and their insurance needs. He said, “An area which the...
EXTENDING UNFAIR CONTRACTS TERMS TO INSURANCE CONTRACTS
The Federal Government has released exposure draft legislation that extends the unfair contract term (UCT) regime to insurance contracts. Treasurer Josh...
NIBA CEO expresses concern about ACCC inquiry report re ...
The Australian Competition and Consumer Commission (ACCC) has released its second Northern Australia Insurance Inquiry report. This inquiry update finalises 13 recommendations proposed...
NIBA names winners of SA/NT broker awards
The National Insurance Brokers Association (NIBA) has revealed the SA/NT winners of two awards, which recognise excellence in the insurance broking...
NIBA and VIRDG announce scholarship winner
The National Insurance Brokers Association (NIBA) and the Victorian Insurance and Reinsurance Discussion Group (VIRDG) have revealed the winner of the...
Design and Distribution Bill – a light at the window
National Insurance Brokers Association (NIBA) CEO, Dallas Booth and legal adviser, Mark Radford met with Treasury officials on behalf of insurance...
Insurers welcome national approach to building sector r ...
Insurance Council of Australia (ICA) CEO, Rob Whelan, has welcomed the agreement between the states and territories on implementing nationally consistent building...
Industry bodies welcome NSW Government funding for farm ...
Deputy Premier and Minister for Regional NSW John Barilaro and Minister for Agriculture Adam Marshall have announced that the NSW Government...
ASIC proposes to ban unsolicited telephone sales of lif ...
ASIC is inviting feedback on its proposal to ban unsolicited telephone sales of direct life insurance and consumer credit insurance (CCI)....
NIBA names winners of WA broker awards
The National Insurance Brokers Association (NIBA) has revealed the WA winners of two awards, which recognise excellence in the insurance broking...
NIBA names winners of QLD broker awards
The National Insurance Brokers Association (NIBA) has revealed the QLD winners of two awards, which recognise excellence in the insurance broking...