Sat, 11th Oct 2025

This episode of the Weekly Insurance News Wrap brought by Financial Services Online addresses growing mental health insurance claims in Australia, with a shocking 700% increase for those in their 30s during the past decade. The industry strives to balance consumer needs against the sustainability of support systems. Legal proceedings against Australain Super over death benefit claim delays, and ASIC's lawsuit against QBE Insurance for misleading customers highlight the importance of understanding one's policy. The appointment of insurance broker Marsh to manage the Royal Australian Navy's Maritime Insurance Program, hinting at the crucial role of insurance in national defense assets, is also discussed. Listeners are reminded to check their coverage regularly and visit financialservicesonline.com.au for more details and services.