Mon, 23rd Jun 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Mon, 23rd Jun 2025" was published on June 22, 2025.

June 22, 2025 · Insurance News Wrap

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Summary

In this week's podcast, Paige Estritori from Financial Services Online discusses pressing issues within Australia's insurance sector. The Climate Change Authority warns of potential billions in losses to homeowners due to climate hazards, alongside fears of properties becoming uninsurable. Particularly, homes in Queensland and Western Australia are at high risk. The podcast also addresses the contentious denial of a claim by Southern Cross insurance due to a war and violence exclusion clause, sparking debates about the clarity of policy limitations. The ACT Insurance Awards highlights several industry leaders, setting a new standard for future advancements. The podcast concludes on the note of innovation, mentioning the collaboration between TAL and insurtech firm, Cover Genius, with a digital-only life insurance product catering to part-time and casual workers, thus marking a significant milestone in life insurance access.n

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