Fri, 15th Aug 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Fri, 15th Aug 2025" was published on August 14, 2025.

August 14, 2025 · Insurance News Wrap

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Summary

This week's Insurance News Wrap by Financial Services Online features Hollard Insurance's refusal of a woman's claim due to contradictory evidence from digital in-car technology, highlighting the importance of honesty in claims. The Australian Securities and Investments Commission directs its attention towards the transparency of Professional Indemnity Insurance, following key issues identified in their market review. Despite HDI Global's initial refusal, an Australian traveller managed to win a case with the Australian Financial Complaints Authority, gaining coverage for unexpected accommodation costs in London. Lastly, Acenda's new digital Personal Medical Attendant Report, created in collaboration with EQ Pathology and UnderwriteMe, brings potential advancement to the life insurance sector by improving eligibility assessments and data security.

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