Insurance taxes: the latest shot in an interminable battle By rights, insurance-based taxes in Australia should be long gone. Review after review has labelled them inefficient and recommended their abolition – yet they remain in operation in most states and territories. A lack of political will and imagination about what should take their place has […]
When bad news is considered good news!
El Nino ‘good news for insurers’ The El Nino weather phenomenon will benefit Australian general insurers, according to a new report from Morgan Stanley. The financial services giant says any increase in bushfire threat due to the expected warm and dry conditions is more than outweighed by a predicted reduction in tropical cyclones and floods. […]
Driverless cars – what does it all mean ?
How to insure a driverless car? Driverless cars and automated vehicles will not prove to be the “death knell of insurance” as the industry continues to grapple with the technology, an industry expert has said. With the first driverless car testing in the Southern Hemisphere completed in Adelaide over the weekend, Mervyn Rea, head of […]
As bush fire season closes rapidly!
Understanding bush fire Every fire is different.Understanding how a fire behaves will help you to understand how to prepare your property.A more intense fire will generate more heat, be harder to control and cause more damage than a smaller or less intense fire. Fire intensity depends on three main factors: vegetation, weather and topography. VegetationVegetation […]
More Cyber commentary
Some cyber data to consider We appreciate the proliferation of ‘cyber’ artcles that are saturating insurance publications of recent times. What this does tell consumers is that it is topical for a reason, and has been clearly identified as the peril all of us are exposed to like never before. Our team can help you […]
Lloyd’s identifies emerging risk
Lloyds comment on ‘new risk’ The latest Lloyd’s emerging risk report has been released as the global player takes an in-depth look at accumulations of liability risk and how big data analytics can be used to help manage the threat. The report looks at the difficulties in predicting accumulated liability risk and “the potential to […]
Hate to be at their next family ‘get together’ !
‘The Auntie Christ’ The woman who sued her 12-year-old nephew for causing her to fall and break her wrist while enthusiastically trying to hug her is pointing to insurance companies as the reason behind her unpopular decision. New York City woman Jennifer Connell, 54, has been the target of an outpouring of criticism on social […]
Cyclone season!
Cyclone warning! The Bureau of Meteorology (BOM) has revealed the cyclone forecast for the 2015-2016 season and fewer tropical cyclones are expected, compared with the historical average. The El Niño weather cycle currently gripping the country typically reduces the number of cyclones and it looks as though this season will be no different. “The Australian […]
10 things to know in respect to Cloud security
Cloud security – some vital information If we’re talking about the cloud, we have to talk about security. It seems that every time the cloud is brought up in the enterprise, the conversation to follow is focused on how secure, or not secure, it really is. Some would have you believe the cloud is safer […]
10 things to know in respect to Cloud security
Cloud security – some vital information If we’re talking about the cloud, we have to talk about security. It seems that every time the cloud is brought up in the enterprise, the conversation to follow is focused on how secure, or not secure, it really is. Some would have you believe the cloud is safer […]
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