Sat, 21st Jun 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 21st Jun 2025" was published on June 20, 2025.

June 20, 2025 · Insurance News Wrap

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Summary

In this episode of Financial Services Online, we discuss major insurance news in Australia and beyond. We highlight a denied Southern Cross insurance claim due to military instability in the Red Sea region, with the decision upheld by the Australian Financial Complaints Authority. We celebrate award winners from the ACT Insurance Awards, including EML Group, Ann-Marie McGuire from Allianz, and more. We reveal a collaboration between TAL and Cover Genius that has introduced a digital, embedded life insurance product designed specifically to support non-traditional employment roles. Lastly, we look at New Zealand where consumer trust in insurance is declining due to rising premiums and complexity, potentially risking their relationship with the marketplace. For more updates, visit our website at financialservicesonline.com.au.

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