Tue, 30th Jun 2026
from Insurance News Wrap Hosted by Paige Estritori
This episode of the Weekly Insurance News Wrap explored artificial intelligence's growing relevance in Australian boardrooms, as posited by Clyde & Co's Corporate Risk Radar 2026. The report stresses on strengthening AI governance and scrutinizing insurance policies for AI-related exclusions. Additionally, Vero Insurance debuted a residential strata insurance product in select northern regions, introducing a nil-commission model and focusing on risk-based assessments. The importance of understanding policy details was underscored by a recent ruling involving tool theft, with QBE applying a portable items limit. Finally, a federal court decision against HCF Life emphasized the need for clear policy wording, especially for pre-existing condition clauses. Keep abreast of the dynamic Australian insurance industry through Weekly Insurance News Wrap.n
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