Allianz and Suncorp will refund customers $45.6m and $17.2m respectively in add-on insurance premiums, ASIC has announced
Twenty brokers and six underwriters who unlawfully charged a fire services levy after 30 June, 2013, must refund policyholders by the end of the month.
A former AIG chairman has joined the board of an international brokerage as a non-executive director.
An airline, whose reputation was “tarnished” when it was grounded by the Civil Aviation Safety Authority, says perceived risk can be riskier than actual risk.
Learning on the job is not enough – great team managers start the right way.
An insurance company is teaming up with a global crisis management company on assistance services and has gone live with a new business travel insurance policy, removing the general age exclusion.
With only days until the annual risk conference kicks off, Aon Risk Solutions says the real challenge for businesses is not facing up to evolving risks but how they address them.
It’s quite common for travellers to make claims for theft, lost luggage or falling ill but there are some hapless Aussie globetrotters who probably dreaded filling out their claim form.
PLUS: Vero risk management awards finalists are revealed and a broking group appoints a new managing director for its Asian business.
A major insurance aggregator has responded to disparaging FSI submissions on price comparison websites, calling some comments a ‘fallacy’, a ‘contradiction’ and ‘nonsensical’.
An international specialist insurer has released a new consumer durables product recall wording in response to demand.