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    Insurance News

    APRA Advocates for Strengthened AI Risk Management in Financial Institutions
    APRA Advocates for Strengthened AI Risk Management in Financial Institutions
    08 May 2026: Paige Estritori
    The Australian Prudential Regulation Authority (APRA) has recently emphasised the need for a significant enhancement in how financial institutions manage risks associated with artificial intelligence (AI). This directive comes in response to the rapid evolution and integration of AI technologies within the banking, insurance, and superannuation sectors. - read more
    ACCC Launches Comprehensive Review of IAG's Acquisition of RAC Insurance
    ACCC Launches Comprehensive Review of IAG's Acquisition of RAC Insurance
    08 May 2026: Paige Estritori
    The Australian Competition and Consumer Commission (ACCC) has initiated a Phase 2 in-depth assessment of Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance. This move reflects concerns that the transaction could substantially lessen competition in the supply of motor vehicle and home and contents insurance in Western Australia. - read more
    Suncorp's $2.4 Billion Reinsurance Deal Boosts Share Value
    Suncorp's $2.4 Billion Reinsurance Deal Boosts Share Value
    08 May 2026: Paige Estritori
    Suncorp, a prominent Australian general insurer, has successfully secured up to $2.4 billion in reinsurance protection over a five-year period. This strategic move has led to a notable increase in the company's share value, reflecting investor confidence in Suncorp's enhanced financial resilience. - read more
    Markel Insurance Strengthens Australian Presence with New Perth Office
    Markel Insurance Strengthens Australian Presence with New Perth Office
    08 May 2026: Paige Estritori
    Markel Insurance has recently expanded its Australian operations by opening a new office in Perth, Western Australia. This strategic move aims to bolster the company's local underwriting capabilities and provide more tailored services to businesses in the region. - read more
    Cowbell Introduces AI-Driven Cyber Insurance Solutions for Australian SMEs
    Cowbell Introduces AI-Driven Cyber Insurance Solutions for Australian SMEs
    08 May 2026: Paige Estritori
    Cowbell, a leading provider of adaptive cyber and specialty insurance solutions, has officially launched its operations in Australia, introducing 'Prime One,' a standalone cyber insurance programme tailored for small and medium-sized enterprises (SMEs) with annual turnovers up to A$100 million. This initiative is backed by Zurich Australian Insurance Ltd, combining Zurich's financial strength with Cowbell's AI-powered underwriting platform. - read more
    Farm Insurance Articles

    The Rural Farmer’s Handbook to Affordable Farm Insurance
    The Rural Farmer’s Handbook to Affordable Farm Insurance
    As a rural farmer, protecting your livelihood should be a top priority. Farm insurance is crucial because it safeguards your investment and income against unforeseen events such as natural disasters, accidents, and theft. - read more
    Effective Risk Management Plans Every Farm Owner Should Implement
    Effective Risk Management Plans Every Farm Owner Should Implement
    Managing a farm involves juggling many uncertainties and potential risks. Risk management in farming refers to the process of identifying, assessing, and prioritising risks associated with agricultural activities. Effective risk management ensures that farmers can handle obstacles and continue their operations smoothly. - read more
    Comparing Insurance Policies: Finding the Best Coverage for Seasonal Farming Risks
    Comparing Insurance Policies: Finding the Best Coverage for Seasonal Farming Risks
    Welcome to our detailed guide on comparing insurance policies for seasonal farming risks. If you're a rural farm owner, you understand the unique challenges that come with each season. This article aims to help you find the best coverage to protect your livelihood. - read more
    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
    Understanding the Different Types of Farm Insurance Coverage
    Understanding the Different Types of Farm Insurance Coverage
    In the world of farming, risks are an everyday reality. Whether you're dealing with unpredictable weather, pest invasions, or fluctuating market prices, the uncertainties can be overwhelming. This is where farm insurance comes into play. - read more

    Knowledgebase
    Aggregate Limit:
    The maximum amount an insurer will pay for all covered losses during a policy period.