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    Insurance News

    Newline Group Strengthens Australian Presence with Sydney Office and Key Appointment
    Newline Group Strengthens Australian Presence with Sydney Office and Key Appointment
    14 Apr 2026: Paige Estritori
    Specialty insurer Newline Group has announced the opening of a new office in Sydney, marking a significant expansion of its Australian operations. This strategic move aims to bring the company closer to its distribution partners and clients in the region, enhancing service delivery and fostering stronger relationships. - read more
    Markel Insurance Introduces Tailored Financial Institution Products for Australian Market
    Markel Insurance Introduces Tailored Financial Institution Products for Australian Market
    14 Apr 2026: Paige Estritori
    Markel Insurance has unveiled a suite of financial institution products specifically designed for the Australian market, featuring localized policy wordings to better address the unique needs of local businesses. This initiative reflects Markel's commitment to providing tailored insurance solutions that resonate with the specific requirements of Australian financial institutions. - read more
    KPMG Survey Highlights Australian CEOs' Changing Views on Office Work
    KPMG Survey Highlights Australian CEOs' Changing Views on Office Work
    14 Apr 2026: Paige Estritori
    A recent survey conducted by KPMG has unveiled a significant shift in the expectations of Australian CEOs regarding office work. The findings indicate that only 22% of those surveyed anticipate a full-time return to the office for corporate employees within the next three years. This marks a substantial decrease from the 82% reported in the previous year, signaling a notable change in leadership perspectives on workplace dynamics. - read more
    IAG's Recommendations to the Federal Inquiry on Small Business Insurance
    IAG's Recommendations to the Federal Inquiry on Small Business Insurance
    14 Apr 2026: Paige Estritori
    Insurance Australia Group (IAG) has recently submitted its recommendations to the Federal Parliamentary Joint Committee on Corporations and Financial Services, focusing on the Inquiry into Small Business Insurance. In its submission, IAG outlines how small business insurance operates across its retail and intermediated channels and provides recommendations to support stronger, more sustainable outcomes for small businesses in Australia. - read more
    ASIC Directs 11 Insurers to Refund $815 Million to Customers
    ASIC Directs 11 Insurers to Refund $815 Million to Customers
    14 Apr 2026: Paige Estritori
    The Australian Securities and Investments Commission (ASIC) has ordered 11 insurance companies to refund a total of $815 million to customers following an investigation into pricing failures and governance issues. The investigation revealed that these insurers engaged in complex and reckless pricing models, lacked appropriate governance systems, and failed to adequately monitor and control their distributors, leading to millions of customers being overcharged. - read more
    Equipment Insurance Articles

    Understanding Owned vs. Hired-In Plant Insurance: A Comprehensive Guide for Australian Businesses
    Understanding Owned vs. Hired-In Plant Insurance: A Comprehensive Guide for Australian Businesses
    Understanding plant and equipment insurance is crucial for any contractor in Australia. This type of insurance protects your valuable machinery and tools from unforeseen events that could disrupt your business. Without proper coverage, equipment damage or loss can lead to significant financial strain, potentially jeopardizing your operations. - read more
    What Paperwork is Necessary When Applying for Plant and Equipment Insurance?
    What Paperwork is Necessary When Applying for Plant and Equipment Insurance?
    In the bustling world of business, safeguarding your assets is crucial. This is especially true for industries reliant on machinery and equipment. One essential type of coverage for such businesses is plant and equipment insurance. It provides financial protection against risks associated with the loss or damage of your essential tools. - read more
    Understanding Plant and Equipment Insurance: A Guide for Small Business Owners
    Understanding Plant and Equipment Insurance: A Guide for Small Business Owners
    When it comes to running a small business, particularly in sectors like construction, having the right insurance is essential. This is where plant and equipment insurance comes into play. It protects your valuable machinery and tools, allowing you to focus on your projects without the constant worry of potential financial loss. - read more
    Is Plant and Equipment Insurance a Legal Requirement for Australian Contractors?
    Is Plant and Equipment Insurance a Legal Requirement for Australian Contractors?
    Plant and equipment insurance is a specialized type of coverage designed to protect construction and contracting businesses against financial losses related to their machinery and tools. This includes any equipment used in the delivery of services, such as excavators, cranes, and other vital equipment. In essence, this insurance safeguards your investment, providing peace of mind as you focus on your projects. - read more
    The Factors That Affect Plant and Equipment Insurance Premiums in Australia
    The Factors That Affect Plant and Equipment Insurance Premiums in Australia
    Plant and equipment insurance is a specific type of policy designed to protect the tools, machinery, and equipment that businesses rely on for their operations. This insurance safeguards against various risks, ensuring that your essential assets are not a financial burden during unforeseen circumstances. - read more

    Knowledgebase
    Term Life Insurance:
    A form of life insurance that is a pure protection policy with no cash or maturity value which lasts for a specific length of time, called a term.