Common exclusions in aviation insurance policies may stymie coverage for families of the victims of EgyptAir Flight MS804, as new evidence seems to point to deliberate sabotage of the aircraft, which plunged into the sea while flying from Paris to Cairo in May. Trace levels of the explosive material TNT were found on debris from the […]
Drones to Drive Disaster Response
It may seem like a high-flying idea but drones are set to have a major impact on the insurance industry through business practices and new coverage. Mark Mitchell, CEO Asia of Allianz Global Corporate & Specialty, told Insurance Business that drones will be key to the industry over the coming years. “Drone data could drive the future of […]
Insurance Catastrophe, NSW Floods
The Insurance Council of Australia (ICA) has declared the major flooding around Forbes in the Central West of New South Wales a catastrophe. Rob Whelan, ICA CEO, said the insurance industry was still unclear about the full extent of damages to residential and business properties and crops, but had escalated its response to help policyholders. Read […]
Mr Whippy Fraudster Gets Licked
A man who chose the rocky road to profit is now paying the price of his insurance fraud scam with a suspended jail sentence. Barry Mark Sandmann, of Strood in Kent, used a Mr Whippy ice cream van to stage separate fake accidents around the UK, Insurance Age reported. Read full article here: Source: Insurance Business Online
How Cybercrime Works
The point of nearly all malware is to make money. Cybercriminals have many methods to monetize their activity. Fortunately, the criminals must take many steps for the entire process to work. Every step along the way is another opportunity for us to break the chain needed for their efforts to be profitable. Click here to […]
Austbrokers Testimonials
Thank you to Stan Quin from Quin Marine for this great Testimonial. We appreciate you taking the time to provide us your feedback.
Graham – “Evolved” to Withstand Car Accidents
Australia’s Transport Commission (TAC), car crash investigator expert David Logan of Monash University, along with trauma surgeon Christian Kenfield and artist Patricia Piccinini, have “designed” a man that can survive the immense forces exerted on the human body during an auto collision. And they’ve named the resulting creatureGraham. Click here to check Graham out and […]
AAMI Forced to Replace Annoying TV Ad
AAMI was forced to change its TV advertisement featuring a young girl playing an ear-piercing recorder in the back seat of her parents’ broken down car. The revised advert shows the young girl playing the recorder, but with a less annoying, more pleasant sound. On facebook AAMI stated: “A sincere ‘Thanks’ to everyone who took […]
Benefits of Using an Insurance Broker
We don’t mind which way you get in contact with us! Whatever works for you, works for us! There are many benefits of an insurance broker. Among them, you get the added value of extra care and service when you use our services, and this doesn’t cost you any extra! If this sounds like a […]
AIG to Offer Brexit Insurance
American International Group is coming out with new Brexit coverage in the UK for anxious executives, barely weeks after the fateful British vote to pull out of the European Union. AIG division AIG UK will handle the product launch, which amounts to an addition to its existing directors & officers policies. It is with no […]
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