By Scott Osberg, Underwriting Team Leader – IPL
A long time coming, flood cover is no longer a bone of contention between the insurance industry, Australian politicians of all persuasions and mum and dad policyholders. Here are the factors that made this gigantic leap of underwriting possible.
By Scott Osberg, Underwriting Team Leader – IPL
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In the US, UK and many parts of Europe, insurers are taking a more personal approach to rating motor risks. With the help of telematics black boxes, smart phones and other tech-savvy devices, they are factoring behavioural information into their motor underwriting processes and pricing.
By Nick Bancroft, Regional Motor Manager NSW & Qld In times of change, many people feel challenged, confronted or even confused when having to deal with new colleagues, teams or groups. By using strategies based on recent neuroscience, you can overcome these feelings of negativity to quickly form productive new relationships.
By Geoff Henderson, Head of Operations and Performance Annual contract works policies are similar to Workers Compensation in that the provisional premium is based on an estimate and actuals determine the final amount payable. Underestimate your turnover and you could be in for a rude shock at year’s end; overestimate and you could find yourself unexpectedly out of pocket.
By James Hughes, Engineering Underwriter Recent changes to the Insurance Contracts Act have removed some longstanding obstacles to the e-delivery of insurance documents to clients who’ve agreed to receive communications electronically. But are brokers making the most of these new provisions?
By David Partridge, Senior Marketing Manager In business, as in life, it’s impossible not to take a multitude of risks on a daily basis. Understanding your risk attitude and behaviours could hold the key to making better business decisions and improving your performance.
By David Partridge, Senior Marketing Manager The recent launches of ride-sharing service UberX and online accommodation booking service Airbnb in the Australian market pose some interesting coverage issues for both the individuals using their car or home to earn extra income and the companies that insure these assets.
By Anthony Cooper, Head of Distribution
Most people struggle with change, especially when it’s thrust upon them. But that doesn’t have to be the case. By using strategies based on recent neuroscience, leaders can help their teams and themselves maintain optimal brain fitness in the midst of change.
By Geoff Henderson, Head of Operations and Performance Road freight carriers who fail to issue standard trading conditions that clearly define their liability to customers could find themselves out of pocket if goods are damaged in transit whist in their care.
By Chris Kelsey, National Manager Marine and Logistics
Given the majority of business fires can be traced back to three root causes – electrical faults, hot work or arson – there are steps brokers and their clients can take to avoid becoming yet another statistic.
By Lester Lai, National Risk Surveying Manager |