Sun, 29th Dec 2024

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sun, 29th Dec 2024" was published on December 28, 2024.

December 28, 2024 · Insurance News Wrap

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Summary

In this episode of the Weekly Insurance News Wrap, we discuss the impactful collaboration between RACQ Insurance and RIA Australasia, echoing prior moves by Suncorp, aimed at improving industry standards within Australia's restoration services sector. This partnership anticipates an inaugural code of practice in 2025, expected to boost professionalism within the restoration industry. Additionally, lessons learned from past roadshows will be leveraged to enhance claims management procedures, benefiting both companies and customers. RIA Australasia, a prolific branch of a historic US institution, reinforces this narrative of industry advancement and resilience amid increasing climate challenges. For the Australian consumer, this convergence of expertise from RACQ, Suncorp, and RIA Australasia promises significant advancement in restoration services. As we face the impact of climate change, such forward-thinking steps provide optimism for the future of the industry.

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