Insurance against Mother Nature: the idea has been dangled in front of Australian farmers for years, without much response. But, after a second horror season in the Wimmera Mallee grain belt, the subject is the talk of the farming community.Warracknabeal producer Phil Koschitze became the poster … [Read more...] about Crop insurance the talk of Victoria, but is it the best way to manage risk?
Need for cyber-insurance heats up, but the market remains immature
CIOs are scrambling to purchase cyber-insurance, but the need may be outpacing a market that continues to evolve in the face of significant cyberattacks. Spurred by the rash of high-profile hacks, companies are purchasing cyber-insurance to protect themselves from the financial liability associated … [Read more...] about Need for cyber-insurance heats up, but the market remains immature
Get rid of stamp duty on car, home insurance, increase land tax, save $575m
The national economy would be boosted by more than half a billion dollars annually - over five years - if state and territory governments replaced stamp duties on insurance policies, new research by Deloitte Access Economics shows.The research, which was done for the Insurance Council of … [Read more...] about Get rid of stamp duty on car, home insurance, increase land tax, save $575m
Tropical Cyclones – What the 2015-2016 Tropical Cyclone Outlook Means
Tropical cyclones are the largest damage producing weather system across tropical Australia. Hence it is very important that all businesses and private property and activities are correctly insured from the damage and disruption these intense storms periodically produce.The release of the … [Read more...] about Tropical Cyclones – What the 2015-2016 Tropical Cyclone Outlook Means