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    Insurance News

    NTI Updates Transport Pack to Support Transport Industry Amid Challenges
    NTI Updates Transport Pack to Support Transport Industry Amid Challenges
    17 May 2026: Paige Estritori
    National Transport Insurance (NTI), Australia's leading truck insurer, has recently refreshed its Transport Pack to better support the transport industry during a period marked by significant challenges. With nearly five decades of industry experience, NTI is leveraging its extensive data to offer solutions tailored to the current needs of transport operators. - read more
    Australian Motor Fleets Embrace Telematics to Boost Safety and Control Costs
    Australian Motor Fleets Embrace Telematics to Boost Safety and Control Costs
    17 May 2026: Paige Estritori
    In response to escalating insurance premiums and stringent safety regulations, Australian motor fleet operators are increasingly turning to telematics technology. This shift is particularly evident in sectors with high operational risks and compliance requirements, such as the resources industry. - read more
    IAG's Strategic Response to Softening Commercial Insurance Market
    IAG's Strategic Response to Softening Commercial Insurance Market
    17 May 2026: Paige Estritori
    Insurance Australia Group (IAG) is proactively addressing the challenges posed by the current soft commercial insurance market through its Intermediated Insurance Australia (IIA) division. CEO Jarrod Hill has expressed confidence in the division's ability to navigate these conditions, citing a well-balanced business portfolio and strategic operational adjustments. - read more
    Tasmania's Collaborative Strategy to Enhance Insurance Affordability
    Tasmania's Collaborative Strategy to Enhance Insurance Affordability
    17 May 2026: Paige Estritori
    The Tasmanian Government has announced a significant shift in its strategy to address insurance affordability and availability within the state. Premier Jeremy Rockliff revealed plans to collaborate with insurers, brokers, and reinsurers to develop solutions that effectively tackle these issues. - read more
    Federal Budget 2026: Initiatives to Enhance Insurance Affordability
    Federal Budget 2026: Initiatives to Enhance Insurance Affordability
    17 May 2026: Paige Estritori
    The Australian Government's 2026 federal budget has earmarked $3.4 million over four years to develop measures aimed at reducing property insurance costs and addressing the issue of unintentional underinsurance. This initiative reflects a growing recognition of the financial pressures faced by homeowners and businesses due to escalating insurance premiums. - read more
    Farm Insurance Articles

    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
    Comparing Insurance Options for Mixed Farming: What Rural Owners Need to Know
    Comparing Insurance Options for Mixed Farming: What Rural Owners Need to Know
    Welcome to our comprehensive guide on comparing insurance options for mixed farming. As a rural farm owner, you face unique challenges that require specialized insurance coverage to protect your livelihood. - 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
    Preparing for the Unexpected: A Farmer's Guide to Comprehensive Weather-Related Insurance
    Preparing for the Unexpected: A Farmer's Guide to Comprehensive Weather-Related Insurance
    Farmers are no strangers to the whims of nature. The weather, with its unpredictable temperament, can have a profound impact on farming operations. A single storm can lay waste to crops, while a prolonged drought can jeopardize the health of livestock and lead to severe economic strain. Understandably, the uncertainty that weather brings is one of the largest variables in a farmer's success equation. - read more
    On-Farm Safety: Insurance Tips to Minimize Accidents and Liability
    On-Farm Safety: Insurance Tips to Minimize Accidents and Liability
    For Australian farmers, every day presents a complex web of activities that demand not only their physical toil but also a keen attention towards safety. On-farm safety is paramount and is the shield that guards the well-being of both workers and operations in Australia's diverse agricultural landscape. It's not just about the immediate repercussions of accidents, but also their long-term impact on a farm's viability. - read more

    Knowledgebase
    Insurance Deductible:
    the amount that an insured is required to contribute toward an insurance claim as stipulated in an insurance policy. Otherwise known as the "policy excess".