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JLT cyber leader calls for 'attitudinal shifts' toward risk

12 March 2018 | social
cyber security news CMIB insurance
A visiting cyber specialist from London has urged tech chiefs to focus on “internal collaboration” and treat potential cyberattacks not just as an IT security risk, but a strategic business one.
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Corporate Insurance: unleashing the value

9 March 2018 | social
Corporate Insurance
With changing work patterns, evolving employee benefits and regulatory change, an organisation’s corporate insurance offer to employees continues to be a critical tool that enables an employer to attract and retain talent as well as meet their duty of care responsibilities.
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Are you ready for the Notifiable Data Breaches scheme?

7 March 2018 | social
Notifiable Data Breaches scheme explained
Australia’s new Notifiable Data Breaches scheme is designed to bring our privacy laws up to the standard the community expects in the information age.
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Microsoft and Marsh examine cyber risk management

1 March 2018 | social
Cyber is no longer the “hot new product” in insurance circles – it’s now the new “must have” among businesses. For proof, look no further than a new global survey just released by broking giant Marsh and software heavyweight Microsoft.
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Perils risk managers must watch for in today's connected world

26 February 2018 | social
No man is an island, they say – these days the expression pretty much applies to risks as well, amid an increasingly connected world. For risk managers and (re)insurance underwriters, Russell Group has identified the connected risks trends to keep an eye out for this year.
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Study reveals top driving fears.

20 February 2018 | social
CMIB Insurance News: Top driving fears revealed
A new study by finder.com.au has revealed that Australian drivers were anxious behind the wheel, with the potential financial impact of an accident making it to the top five of their concerns.
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Text message scams are on the rise and it's costing Australians thousands of dollars

8 February 2018 | penny
Phishing scams have surged in 2017 and scammers are often posing as trusted local brands, increasingly 
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Catastrophe Declared as Cyclone Debbie makes landfall

28 March 2017 | penny
The Insurance Council of Australia (ICA) has declared a catastrophe as Tropical Cyclone Debbie makes landfall between Bowen & Airlie Beach in North Queensland.
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Mildura hail losses climb past $100 million

23 November 2016 | walter
About 19,200 claims totalling $108 million have been lodged with insurers since the severe hailstorm that struck northwest Victoria’s Mildura region more than a week ago. The Insurance Council of Australia (ICA) has declared the storm a catastrophe. It also hit nearby parts of NSW and SA. An industry taskforce will address and identify issues and a disaster hotline has been activated for policyholder queries. ICA CEO Rob Whelan says farmers suffered significant losses.
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Study reveals scale of SME underinsurance

23 November 2016 | walter
Almost one in five SME owners believe their insurance would be unable to cover their income for a week after a catastrophic event, industry super fund REST says. About 23% say their cover would be exhausted within a month and 50% within six months, according to a white paper called Bridge the Gap. Sole traders appear more vulnerable, with 58% saying they have insufficient insurance to last a week.
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