The Importance of Car Insurance Your car is one of your most important possessions, and it’s essential to have car insurance to protect it. If you can’t afford to pay your car insurance, you risk having your car seized by…
How Is Car Insurance Priced? There are a few factors that insurance companies take into account when pricing your car insurance policy. These include: Your age The make and model of your car Your driving history The amount of coverage…
How Much You Should Be Paying for Auto Insurance How much you pay for auto insurance is a personal decision that depends on various factors. Insurance companies consider your age, driving record, and the type of car you drive when…
Sydney-based Reask has closed its first round of funding with support from Chinese tech giant Tencent and other Silicon Valley investors, boosting insurtech’s drive to become a critical natural disaster operator using artificial intelligence (AI). Reask said the investment will…
Australian Securities and Investments Commission (ASIC) Vice Chair Karen Chester said: “Policy wording has not been updated to align with applicable law and that leads to unnecessary uncertainty for insurers about their level of risk and for insurance policies,” said…
The hundreds of nominations flooding in this year for the IBA’s annual Women of Excellence list makes it clear that women have been and are making their voices heard in what was once a male-dominated field. While women…
Storm coming for insurers as losses grow: Hannover Re May 2, 2016 According to the Institute of Actuaries, climate change, wealth concentration and the interdependence of industries will continue to increase the severity of economic damage and the insured. Hannover…
Canstar picks live life winners June 19, 2017 NobleOak and Ozicare have been named “outstanding value insurers” in the Canstar Live Life Awards. The financial comparator said NobleOak was selected for its Premium Life product. It is the only direct…
GE sells Hallmark’s general business November 23, 2015 The Treasury has approved the sale of General Electric’s Hallmark General Insurance to a global private equity firm with Asian and US capital. KVD Australia – a company incorporated on 9 March…
Fraud allegations against Combined Insurance have led consumer groups to suggest that fraudulent sales practices may be a common feature in the insurance industry. A former Combine employee, whose Australian operations were merged with Ace in 2010, has accused dealers…