Natural disasters a problem natural disaster, roundtable prev next Australia’s prominent disaster resilience organisation warns that Australia remains among the most vulnerable nations to natural disaster, despite being one of the world’s most developed. The Australian Business Roundtable for Disaster Resilience & Safer Communities called for further action to raise awareness of Australia’s increasing […]
The facts on employees on fleets A leading Insurer has called on employers to improve and adopt safe vehicle fleet policy in a bid to reduce staff injuries and avoid preventable fatalities on the road. They have called on employers to invest in their fleets in a bid to curb the most common cause of […]
Insurance Fraud in the UK A woman referred to by prosecutors as a ‘female James Bond’ who was acquitted of murdering her doctor boss’ model ex-girlfriend two years ago, has been arrested again, this time on charges of insurance fraud. Kelly Soo Park, 49, used to be the office assistant of orthopaedic surgeon Dr Munir […]
Cyber unsuprisingly leads the race A leading international brokerage has revealed that cyber insurance is its fastest growing global coverage as numbers in Australia continue to spike. The global powerhouse noted that while cyber is popular the world over, business in Australia is booming as the company is writing half as much cyber business as […]
Concerns as we get closer to summer The threat of bushfires in certain areas of Australia will come early this year as the country faces an “above normal” threat from the natural disaster. The Bushfire & Natural Hazards Cooperative Research Centre (CRC) has released its national hazard note for the coming bushfire season and the […]
The impact of cyber crime can spread far and wide Yes, we realise that our blog articles are often involving events related to cyber crime and similar activities. We try to provide an insight into what is topical within our industry and, unfortunately, the cyber crime issue is taking the prime time slot. We wish […]
Whether the weather will affect us The El Niño weather event currently in place across the Pacific, including Australia, has the potential to be one of the worst ever, according to experts. The Bureau of Meteorology has consistently warned of a rising El Nino threat over the past months and now global experts have stated […]
What risks our industry fear Insurers have named cyber risk as the biggest risk they face in Australia, according to the latest research conducted by PricewaterhouseCoopers. The 2015 Insurance Banana Skins Survey asked 806 insurers from more than fifty countries what they saw as the biggest risks to the insurance industry and the 28 Australian […]
Bad balance! A 12-year-old Taiwanese boy who accidentally tripped and fell, punching his fist through an antique painting valued at $2.1 million, has joined a growing list of art fumblers keeping insurance companies busy. The trip, which looked like something out of a Charlie Chaplin movie, saw the boy stumble over the rope barrier intended […]
The rising risk of drones An ever-increasing range of applications have made drones the highest flying aviation sector in terms of growth but a leading insurance authority has warned of key risks that threaten to ground the industry. A new report from Lloyd’s predicts that expenditure on drone acquisition alone is expected to double to […]
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