Insurance Adviser takes a look at the sharing economy and the opportunities, and challenges, it offers brokers in the public liability space.Current estimates value Australia’s sharing economy – which includes peer-to-peer (P2P) platforms such as Uber, Airbnb, Gumtree and eBay – at $15.1 billion, … [Read more...] about Protecting What Is Shared
ASIC calls for standardised insurance definitions
Insurance companies should consider standardising their policy definitions to make it easier for people to compare policies against one another, the corporate regulator said on Wednesday.Representatives from the Australian Securities and Investments Commission appeared before the Senate economics … [Read more...] about ASIC calls for standardised insurance definitions
Suncorp and other insurers warn Federal Government against cyclone insurance plan
SUNCORP has reignited warnings against setting up a government-backed cyclone insurer for North Queensland.The Federal Government in March last year seemed to have killed off the notion of establishing such an insurer, noting a taskforce report had highlighted “significant financial risk” … [Read more...] about Suncorp and other insurers warn Federal Government against cyclone insurance plan