ICA taskforce offers recommendations on key insurance issue
An industry taskforce has presented its findings with key recommendations handed down in a bid to help strengthen ties between the insurance industry and consumers.
Aussie market to remain tough in 2016
The Australian insurance market is to remain tough throughout 2016, with signs of hope for 2017, as one global expert gave his advice to the industry.
Education provider Gold Seal reveals updated offering
An education provider has announced a revamped course in the wake of the ANZIIF and NIBA deal and in response to recent changes by ASIC.
ASIC review leads to insurance changes
An ASIC review of a key insurance product has led six insurers to agree to better inform customers about disclosure and renewal practices.
ASIC cancels broker licence
ASIC has announced that they have cancelled the AFS licence of one brokerage following the permanent banning of its sole director.
Weekend Update: Executive changes, 10,000 refunds and a major new office
Making news this week, one major Australian insurer announced a deal with the CEO of a key division of a big rival, a leading player will contact more than 10,000 customers to offer a refund and a new entrant announces further expansion.
Major player to refund over 10,000 customers
An ASIC surveillance investigation has led to one company contacting more than 10,000 customers across Australia to offer a refund for unneeded insurance premiums.
Weekend Update: New CEO deal, major chairman steps down and broker banned
Making news this week, a leading industry player announces a new deal for its CEO whilst the chairman of another major business announces his plans to retire and a NSW-based broker is banned by ASIC.
Industry body pleased with FSI response
Industry leaders have responded positively to the Government decisions surrounding the Financial Systems Inquiry.
Breaking News: Permanent ASIC ban for broker
ASIC has announced the permanent banning of one broker for a host of misconduct charges which saw excess fees of over $3 million charged.