EPISODE · Mar 5, 2024 · 3 MIN
Tue, 5th Mar 2024
from Insurance News Wrap · host Paige Estritori
In this week's news from Financial Services Online, Emergence Insurance is boosting cyber security for businesses, offering free advisory services and waiving excess for businesses under $25 million revenue. ASIC's stance against funeral insurance provider, Youpla Group, endorsed by Full Federal Court of Australia for Indigenous ownership misrepresentation. In a win for customer rights, HDI Global Specialty was directed to pay $44,000. compensation for substandard repair work completed after a 2018 hailstorm. ClearView Wealth reported a profitable 32% growth in their life insurance underwriting, projecting increased profit margins and a target of $400 million in inforce premium within next three years. Stay tuned for more updates from your trusted industry insider, Financial Services Online.
What this episode covers
In this week's news from Financial Services Online, Emergence Insurance is boosting cyber security for businesses, offering free advisory services and waiving excess for businesses under $25 million revenue. ASIC's stance against funeral insurance provider, Youpla Group, endorsed by Full Federal Court of Australia for Indigenous ownership misrepresentation. In a win for customer rights, HDI Global Specialty was directed to pay $44,000. compensation for substandard repair work completed after a 2018 hailstorm. ClearView Wealth reported a profitable 32% growth in their life insurance underwriting, projecting increased profit margins and a target of $400 million in inforce premium within next three years. Stay tuned for more updates from your trusted industry insider, Financial Services Online.
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Tue, 5th Mar 2024
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