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    Insurance News

    ASIC Calls on Insurers to Enhance Cyber Security in Response to AI Threats
    ASIC Calls on Insurers to Enhance Cyber Security in Response to AI Threats
    07 Jun 2026: Paige Estritori
    The Australian Securities and Investments Commission (ASIC) has issued a stark warning to the insurance sector, emphasising the urgent need to strengthen cyber defences in light of escalating threats posed by artificial intelligence (AI). In a recent open letter, ASIC Commissioner Simone Constant highlighted that the advent of advanced AI technologies has fundamentally altered the cyber threat landscape, necessitating immediate and decisive action from insurers. - read more
    Comprehensive All-Risk Insurance Now Available for Large-Scale Australian Farms
    Comprehensive All-Risk Insurance Now Available for Large-Scale Australian Farms
    07 Jun 2026: Paige Estritori
    In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has unveiled an all-risk farm insurance package specifically designed for large commercial farming operations. This initiative aims to address the complex and evolving needs of the agricultural industry by offering comprehensive coverage that encompasses various aspects of farm operations. - read more
    Strategic Insurance Planning Essential for Australian Farmers Facing Rising Premiums
    Strategic Insurance Planning Essential for Australian Farmers Facing Rising Premiums
    07 Jun 2026: Paige Estritori
    With Australian farm incomes under pressure and insurance premiums rising by up to 40% in some regions, agricultural leaders are urging producers to move away from a 'set and forget' mentality. In today's climate, being strategic with your insurance is no longer just a recommendation—it is a vital business necessity. - read more
    NRMA's Exit from Farm Insurance: What It Means for Australian Farmers
    NRMA's Exit from Farm Insurance: What It Means for Australian Farmers
    07 Jun 2026: Paige Estritori
    Urgent Update for Australian Farmers: NRMA Exits Farm Insurance Market—Here’s Your Trusted Alternative - read more
    Rising Insurance Costs Impact Transport and Construction Sectors
    Rising Insurance Costs Impact Transport and Construction Sectors
    07 Jun 2026: Paige Estritori
    Recent analyses indicate that Australian transport and construction industries are encountering substantial increases in insurance premiums, driven by overarching macroeconomic factors rather than individual business performance. - read more
    Farm Insurance Articles

    Understanding Public Liability Insurance for Livestock and Crop Producers
    Understanding Public Liability Insurance for Livestock and Crop Producers
    Public liability insurance is a critical component for the agricultural sector, serving as a protective measure for livestock and crop producers against the legal liabilities they face in their daily operations. This type of insurance is designed to cover the costs associated with third-party injuries or property damage that occur on farm premises or as a direct result of farming activities. - read more
    New Technologies in Crop Protection: How Precision Agriculture Enhances Insurance Coverage
    New Technologies in Crop Protection: How Precision Agriculture Enhances Insurance Coverage
    For generations, farmers have faced the challenge of protecting their crops from an array of threats, such as pests, diseases, and extreme weather. Traditional crop protection strategies have relied heavily on blanket approaches, as in using widespread pesticide application, or generalized irrigation systems, regardless of the varying needs across a field. While these methods have had their successes, they also come with limitations in efficiency, environmental impact, and the precision needed for optimal crop health and yield. - read more
    Safeguarding Your Harvest: The Importance of Crop Insurance
    Safeguarding Your Harvest: The Importance of Crop Insurance
    In the ever-unpredictable world of farming, crop insurance emerges as a pivotal ally for farmers, hedging against the myriad of risks that come with cultivating the land. As the first step to understanding this crucial safeguard, let's unfold the question: What is crop insurance, exactly? In essence, crop insurance is a type of cover designed to cushion farmers from financial losses due to unavoidable circumstances such as adverse weather conditions, pests, disease, or even market fluctuations. - read more
    Risk Mitigation: Best Practices for Rural Farmers
    Risk Mitigation: Best Practices for Rural Farmers
    Risk mitigation is a strategy used to prepare for and lessen the effects of potential risks faced by rural farmers. It involves identifying potential threats and taking proactive steps to minimize their impact. - read more
    Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
    Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
    Welcome to our discussion on farm insurance, a vital aspect for anyone involved in agriculture. Whether you run a smallholding or manage extensive agricultural operations, understanding your insurance coverage can make all the difference in safeguarding your livelihood. - read more

    Knowledgebase
    Trauma Insurance:
    An insurance that pays a lump-sum amount on the diagnosis of one of several critical illnesses or events