Insurance Business Australia
@InsuranceBizAU
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Daily breaking news, cutting-edge opinion and expert analysis affecting the #insurance broking industry in Australia.
Australia
Joined May 2012
Lynette Walsh, Convention Committee Chair, and Nick Cook, NIBA President, highlight the “Future Ready” theme—bringing brokers, insurers, and regulators together to explore risk, technology, and shifting client needs. https://t.co/80gS7pj51P
insurancebusinessmag.com
Event explores risk, technology, and shifting client needs
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Paul O’Leary, Chief Underwriting Officer and Director at Epsilon Underwriting Agencies, highlights how faster remarketing and weaker submissions are testing underwriting discipline in today’s soft market. https://t.co/wGZSzd23JP
insurancebusinessmag.com
Faster deals may suit brokers in the short term but underwriters say the real test comes when complex risks demand stronger submissions
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Nominate the platforms and providers powering your next leap forward! Submissions are open for Insurance Business’ 2026 5‑Star Technology and Software Providers, the annual showcase of the systems reshaping insurance worldwide. https://t.co/QTh6z02qeo
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Andrew Stafford, Operations Manager for Australia and New Zealand at FM Global, warns that traditional cooling systems and rising demand could intensify water pressures, driving tougher underwriting scrutiny and higher costs. https://t.co/afJ9HPxFJU
insurancebusinessmag.com
In this data centre boom, brokers and insurers in Australia face growing pressure
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Crawford takes center stage as the Photobooth Sponsor at the #IBAwardsAU 2026! 📸 Make memories with Crawford and join us in celebrating excellence across the insurance industry at Doltone House Darling Island on May 1, 2026. https://t.co/r8oXtfnges
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Insuret and ATL, two Brisbane‑based specialist underwriting agencies, are integrating to form a national platform spanning fleet, mobility, and heavy motor insurance. https://t.co/Akg7fN2XYH
insurancebusinessmag.com
The two Brisbane headquartered specialist underwriting agencies are joining forces in a move aimed at capturing growing demand across Australia’s fleet, trucking and mobility insurance markets
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Leadership changes mark a busy week in insurance! Read the full update and share your thoughts on how these moves will shape Australia’s insurance and legal landscape. https://t.co/Jfbd4iVi62
#insurance #leadership #careermoves #Australia
insurancebusinessmag.com
Retirement and partner moves
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RiverStone International expands into Australia! Read more about this milestone move and share your thoughts on how it reshapes APAC’s insurance M&A landscape. https://t.co/eJLRBlnx4n
#insurance #MergersAndAcquisitions #legacybusiness #RiverStoneInternational
insurancebusinessmag.com
Zurich legacy liabilities move to RiverStone in parallel deal
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Aon’s 2026 Climate and Catastrophe Insight report highlights how forward‑looking climate analytics are now essential for brokers to win renewals, defend terms, and differentiate exposed risks—moving beyond historical loss data. https://t.co/a9JShkbUSH
insurancebusinessmag.com
Climate risk is moving faster than historical loss data can track so brokers need sharper forward-looking evidence to win renewals, defend terms and differentiate exposed risk
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James Still, Managing Director of Still Insured Insurance Brokers, says the real strain lies not in underwriting standards but in rushed submissions, poor communication, and legacy systems—leaving brokers and underwriters under operational stress. https://t.co/BJdiuDFnJc
insurancebusinessmag.com
Speed, silence and slow claims may have become the sharpest fault lines in broker-underwriter relations
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Export Finance Australia and Nippon Export and Investment Insurance strengthen bilateral cooperation with a refreshed reinsurance agreement! https://t.co/2OtFgf8WU6
#reinsurance #exportfinance #AustraliaJapan #infrastructurefinance
insurancebusinessmag.com
Deal aims to unlock larger cross-border projects
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After years of stalled negotiations, the EU and Australia are close to finalising a historic free‑trade agreement. Read the full analysis to see how this milestone may become the next major growth frontier for commercial insurance. https://t.co/ki6aHc0gkw
insurancebusinessmag.com
Is this the next major growth frontier for commercial insurance?
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FM’s Andrew Stafford highlights fire as the leading cause of losses, making risk translation and resilience storytelling critical to insurer confidence. Read the full analysis to see how brokers can move deeper into high‑value digital infrastructure. https://t.co/CFAlrt16nP
insurancebusinessmag.com
For brokers, the opening is moving beyond placement and into resilience, infrastructure advice and high-value risk strategy
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#IBTV: Melissa Jolly (Pinnacle Insurance Brokers), Martin Birch (Agrisurance), and Dominque Vagi (Hutch Underwriting) discuss how rising battery‑related fire risks are reshaping property insurance, underwriting appetite, and premium outcomes. https://t.co/zH3yoszXMe
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Lockton targets 20% organic growth in Australia. CEO Marcus Pearson says the privately owned broker will expand headcount by 20% in 2026, even as rivals cut costs in a soft cycle. https://t.co/iAZYF0NEM5
#insurance #brokers #Australia #Lockton #growthstrategy
insurancebusinessmag.com
The global broker’s local expansion push is built on brand development, complex risk and hiring ahead of the curve
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Merger redundancies hit Australia’s life insurance sector. Read the full analysis to see how consolidation is reshaping Australia’s life insurance workforce. https://t.co/bDngnLLT4D
#insurance #lifeinsurance #M&A #Australia #Acenda
insurancebusinessmag.com
Merger redundancies come as shock
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A $2.1 million ruling underscores the damage vs defect debate! Read the full case analysis to see why engaging with evidence is critical in complex insurance disputes. https://t.co/jXchwrmhbc
#insurance #constructionrisk #legalinsights #AccionaInfrastructure
insurancebusinessmag.com
The insurers had the expert report for years - and never cross-examined its author
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SMEs are curious about AI but still trust brokers most! Explore the Vero SME Insurance Index to see how brokers can turn AI into their next advisory opportunity. https://t.co/nneOfsXMaE
#insurance #AI #brokerage #VeroSMEIndex
insurancebusinessmag.com
The latest Vero SME Index suggests SMEs are open to AI where it improves speed and efficiency but still want brokers to provide human judgment
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Congratulations to the Excellence Awardees for Best Service Provider of the Year – Insurtech! Join us in congratulating these companies and read more about their contributions to the industry. https://t.co/TP4cnxgMr4
#insurtech #insurance #IBAwardsAU #innovation
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#IBTV: Nick Cook (NIBA) cautions that government informed-consent requirements risk adding unnecessary complexity to an already crowded compliance agenda—raising questions about whether the reform truly benefits clients or simply piles on process. https://t.co/m3wRwk9O9j
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