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News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

Insurers Sound Alarm on AI-Driven Cyber Threats
Insurers Sound Alarm on AI-Driven Cyber Threats
23 May 2026: Paige Estritori
In the rapidly evolving digital landscape, Australian insurers are raising concerns that artificial intelligence (AI)-driven cyber threats are advancing at a pace that outstrips current market pricing models. This development poses significant challenges for the insurance industry, particularly for tradespeople and small business owners who rely on comprehensive coverage to safeguard their operations. - read more
Aviso WA Strengthens Presence with Wray Insurance Acquisition
Aviso WA Strengthens Presence with Wray Insurance Acquisition
23 May 2026: Paige Estritori
In a strategic move to bolster its service offerings, Aviso WA has announced the acquisition of Wray Insurance, a well-established insurance brokerage in Western Australia. This acquisition is set to enhance Aviso WA's capabilities and expand its client base, providing more comprehensive insurance solutions to tradespeople and small business owners in the region. - read more
Surge in Mental Health Claims Challenges Australia's Income Support System
Surge in Mental Health Claims Challenges Australia's Income Support System
23 May 2026: Paige Estritori
Recent data indicates a substantial increase in mental health-related claims, exerting considerable pressure on Australia's income support safety net. This trend underscores the urgent need for systemic reforms to address the growing demand for mental health support and the sustainability of income protection mechanisms. - read more
Australian Life Insurers Support Review of Life Insurance Code of Practice
Australian Life Insurers Support Review of Life Insurance Code of Practice
23 May 2026: Paige Estritori
The Council of Australian Life Insurers (CALI) has announced an independent review of the Life Insurance Code of Practice, a move welcomed by industry stakeholders aiming to bolster consumer trust and protections. This review signifies a proactive step towards ensuring that the Code remains relevant and effective in addressing the evolving needs of policyholders. - read more
Australia Bans Use of Genetic Test Results in Life Insurance Underwriting
Australia Bans Use of Genetic Test Results in Life Insurance Underwriting
23 May 2026: Paige Estritori
The Australian Senate has recently passed groundbreaking legislation that prohibits life insurers from using genetic test results in their underwriting processes. This landmark decision aims to protect consumers from potential discrimination based on their genetic information and to ensure fairness in the assessment of life insurance policies. - read more
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Professional Indemnity Insurance Articles

Common Misconceptions About Professional Indemnity Insurance Debunked
Common Misconceptions About Professional Indemnity Insurance Debunked
Professional indemnity insurance is a type of coverage specifically designed to protect consultants and business professionals from legal claims and financial losses due to errors or omissions in their services. It provides peace of mind for those who offer expert advice or services to clients. - read more
Understanding Risk Management: A Guide for Australian Professionals
Understanding Risk Management: A Guide for Australian Professionals
Risk management is a crucial concept that involves identifying, assessing, and prioritizing risks with the aim of minimizing their impact. For professionals, understanding and effectively managing risks can make the difference between stagnant growth and thriving success. But why is it particularly significant for those in Australia? - read more
How to Tailor Your Professional Indemnity Insurance for Better Liability Coverage
How to Tailor Your Professional Indemnity Insurance for Better Liability Coverage
Professional indemnity insurance is designed to protect professionals from legal claims made against them due to mistakes or negligence in their work. It acts as a safeguard, covering legal costs and any damages awarded, ensuring that professionals can continue their practice without financial burden. - read more
Top 5 Reasons Australian Professionals Need Tailored Indemnity Insurance
Top 5 Reasons Australian Professionals Need Tailored Indemnity Insurance
In the fast-paced and dynamic landscape of today’s professional world, indemnity insurance has become a cornerstone of financial security for many Australian professionals. This type of insurance provides protection against claims of negligence or breach of duty made by clients or third parties. Without this safeguard, professionals may face substantial legal fees and damages that can significantly impact their financial stability. - read more
Why Professional Indemnity Insurance is Vital for Protecting Your Reputation as a Consultant
Why Professional Indemnity Insurance is Vital for Protecting Your Reputation as a Consultant
As a consultant, safeguarding your professional reputation is crucial. One effective way to do this is through Professional Indemnity Insurance. But what exactly is it? In simple terms, professional indemnity insurance is designed to protect professionals against claims made by clients for professional negligence or breach of duty. It acts as a safety net, covering legal costs and any damages awarded, if a client alleges that you've made a mistake or left them shortchanged by your services. - read more

Knowledgebase
Disability Insurance:
A type of insurance protection that pays a portion of a person's income lost due to a total or partial disablement arising from either an accident or a sickness.

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