Sun, 5th Jul 2026

This episode of the Weekly Insurance News Wrap features a comprehensive review of strata insurance broking by the National Insurance Brokers Association due to transparency and governance concerns. In light of findings from a large-scale investigation, the episode emphasizes the need for improved standards in the sector, including detailed broker agreements and transparent fee disclosures. In addition, the host discusses the broader implications of the review, especially for home service businesses. The show also explores the newly released General Insurance Code of Practice, drawing attention to proposed insurance reforms for improved claims handling. Finally, the episode concludes with a discussion on the APRA's decision to publish separate cyber insurance data for better transparency, predicting that this will make consulting advice from insurance brokers crucial. This episode implores the audience to stay informed, proactive, and make insightful insurance decisions.n