Insurance Business Australia

🏆 Nominations for the Insurance Business Australia Awards 2025, presented with our event partner AAMC, are now OPEN! Do you know a standout broker, brokerage, insurer, or BDM whose achievements deserve to be celebrated? This is your chance to showcase their hard work and dedication. Submit your nominations by November 22nd and help us celebrate excellence in the industry! Don’t miss your chance to be part of this prestigious event—start your submission today! Nominate here: https://hubs.ly/Q02TX7fL0 #Insurance #IBAwardsAU #InsuranceIndustry #InsuranceNews

Southern Cross Travel Insurance (SCTI) has identified 10 frequent mistakes travellers make when purchasing travel insurance – something insurers and brokers could share with their clients to emphasise the importance of seeking insurance professionals’ help when taking out policies. https://hubs.la/Q02ZBk-10

Australia’s top brokerages are elevating client service, blending personal connections with tech advancements. Leaders like Anthony Bonanno at Archer Insurance and Spencer Hon at Eternity Insurance drive growth with a customer-first approach, building trust and loyalty in a competitive market. Learn how they’re navigating challenges and boosting client satisfaction. Read the full report here! https://hubs.la/Q02Yqw570 #InsuranceExcellence #CustomerService #TopBrokers #InsuranceInnovation

🌟 You asked, and we listened—nominations are now extended for the Insurance Business Awards Australia 2025! Celebrate excellence by nominating those who’ve made a remarkable impact in the industry. Whether it’s leadership, innovation, or outstanding service, this is the time to recognize their contributions. Submit your nominations today and help us celebrate the best of the best! https://hubs.la/Q02ZhgkV0 #IBAwardsAU #Insurance #InsuranceNews #InsuranceIndustry #InsuranceBrokers

Suncorp Group and Queensland Fire and Emergency Services (QFES) are cautioning consumers about the growing number of fires caused by lithium-ion batteries, particularly as Black Friday sales prompt increased purchases of electronic devices and personal mobility products. https://hubs.la/Q02ZBwqB0

Today, Suncorp officially launched its cutting-edge Disaster Management Centre (DMC) in Brisbane, setting a new standard in disaster response and preparedness. Steve Johnston, Suncorp CEO, described the DMC as a “best-in-class” facility for disaster management, emphasizing its role in enhancing the speed and efficiency of the company’s response capabilities. https://hubs.la/Q02ZFnQQ0

Gallagher Re partners with global experts to tackle the evolving risk dynamics of tropical cyclones, focusing on ENSO impacts, flooding, and post-tropical storms. This innovative research aims to enhance risk modeling for the insurance industry. https://hubs.la/Q02ZB55l0

Boards must embrace AI oversight to balance innovation with ethical and regulatory compliance. Experts from Grant Thornton stress the importance of risk frameworks and adaptability amid AI’s rapid evolution. https://hubs.la/Q02ZvXbq0

Transparency and trust are at the heart of the Insurance Brokers Code of Practice review. IBCCC Chair Oscar Shub highlights the committee’s priorities as Phil Khoury prepares to lead the process. https://hubs.la/Q02ZvXL90

The growing impact of secondary perils—floods, fires, and severe storms—is transforming the global insurance industry. According to S&P Global Market Intelligence's "Evolving Natural Catastrophe Risks" report, these smaller yet frequent events are driving significant claims and prompting insurers to rethink their risk strategies. https://hubs.la/Q02ZgcYC0