Wed, 8th Jan 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Wed, 8th Jan 2025" was published on January 7, 2025.

January 7, 2025 · Insurance News Wrap

0:00 / 0:00

Summary

This episode of the Insurance News Wrap with Paige Estritori features key updates in the Australian insurance market. The Geneva Association's recent report suggests that catastrophe bonds could help handle the increasing cyber risk landscape, which has seen insurance premiums surge from $1.5 billion in 2013 to $15 billion in 2024. A case involving QBE and a dispute over a lost gold necklace underscores the complexity of settling insurance claims and highlights the need for understanding policy terms. Additionally, new advice reforms from the Australian government aim to improve consumer outcomes by allowing insurers to provide 'simple' advice. This initiative, led by Assistant Treasurer Stephen Jones, will foster more comprehensive consumer engagement and lower traditional advice barriers. Stay tuned for more personalized, digitized insurance solutions.

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].