Tue, 13th May 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Tue, 13th May 2025" was published on May 12, 2025.

May 12, 2025 · Insurance News Wrap

0:00 / 0:00

Summary

Paige Estritori's weekly podcast for Financial Services Online unveils the Insurance Brokers Code Compliance Committee's call for greater transparency and reform in the Australian insurance industry. Central to their recommendations is enforcing claims timelines with regular updates, extending policy renewal notifications, and increasing protections for small business clients. To increase accountability, the committee proposes a named reporting system for breaches. They are also advocating for a five-year review period for the code and secure funding for independent investigations, intending to boost consumer trust in the industry. A full draft report of recommendations is expected next month. Tune in to Estratori's regular updates for more insights on these proposed changes.

Episode Description

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

New Health Insurance News Podcasts – New Health Insurance News Michael's Insurance Podcast Michael Young A short-form podcast that covers insurance news, cases, tips and other thoughts by Michael Young, an insurance coverage and bad faith lawyer in St. Louis.michaelyoungstl.comThe choice of a lawyer is an important decision and should not be based solely upon advertisements. Silver Lining Safety - Safety Bytes West Bend Mutual Insurance As an insurance company, we understand how important your business is to you. In this weekly podcast, we’ll give you information on business safety and loss prevention best practices, provide resources to keep you and your employees safe and share the latest insurance news. Opinions in this podcast may not apply to all listeners. Be sure to consult with a qualified safety professional before making any changes to your business. To recommend topics, please email us at [email protected].