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    Insurance News

    ABARES Forecasts Significant Decline in Australian Farm Profits
    ABARES Forecasts Significant Decline in Australian Farm Profits
    09 Jun 2026: Paige Estritori
    The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has released a report forecasting a substantial decline in broadacre farm profits, projecting a 70% decrease to approximately $65,000 per farm. This downturn is attributed to escalating input costs and persistent drought conditions affecting various regions. - read more
    Low Adoption of Cyber Insurance Among Australian Farmers
    Low Adoption of Cyber Insurance Among Australian Farmers
    09 Jun 2026: Paige Estritori
    Recent research from WFI Insurance reveals that only 25% of Australian farmers are considering cyber insurance, despite approximately 80% of farms now utilising some form of agricultural technology (agri-tech). This disparity highlights a significant vulnerability within the sector, as increased digitisation exposes farms to potential cyber threats. - read more
    Integrating Sustainability into Farm Risk Management Strategies
    Integrating Sustainability into Farm Risk Management Strategies
    09 Jun 2026: Paige Estritori
    In the face of increasing climate variability, Australian agriculture is shifting its approach by integrating sustainability into core risk management strategies. This evolution reflects a broader recognition that environmental stewardship is intrinsically linked to the resilience and long-term viability of farming operations. - read more
    APRA Intervenes to Freeze Unjustified Premium Increases in Commercial Auto Insurance
    APRA Intervenes to Freeze Unjustified Premium Increases in Commercial Auto Insurance
    09 Jun 2026: Paige Estritori
    In March 2026, the Australian Prudential Regulation Authority (APRA) took decisive action to address significant premium hikes in the commercial auto insurance sector. Responding to widespread industry concerns, APRA issued emergency regulations to freeze unjustified baseline premium increases exceeding 25%, pending external review. This intervention aims to protect independent transport operators and logistics enterprises from immediate financial strain. - read more
    Emergence Insurance Strengthens Cyber Risk Portfolio with Blue Zebra Acquisition
    Emergence Insurance Strengthens Cyber Risk Portfolio with Blue Zebra Acquisition
    09 Jun 2026: Paige Estritori
    Emergence Insurance has announced the acquisition of Blue Zebra's cyber insurance portfolio, marking a significant expansion of its cyber risk offerings in the Australian market. This move is set to bolster Emergence's capabilities in providing comprehensive cyber insurance solutions to businesses across the country. - read more
    Farm Insurance Articles

    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
    Farm Insurance Comparison: Secure Your Farm with the Right Coverage
    Farm Insurance Comparison: Secure Your Farm with the Right Coverage
    As a farm owner, your livelihood depends not only on the hard work you put in but also on the protection you have in place against unforeseen events. Farm insurance is crucial in safeguarding your investments, ensuring that your operations can continue smoothly even when faced with unexpected challenges. - read more
    Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
    Essential Coverage: The Top Insurance Policies Every Australian Farmer Should Consider
    Welcome to a critical discussion surrounding the stability and protection of your farming enterprise. In the unpredictable world of agriculture, insurance plays a pivotal role in safeguarding the future of your business. As we delve into the intricacies of insurance coverage, we aim to establish a strong foundation for enduring success in the farming industry. - 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 Machinery Breakdown Insurance for Australian Farms
    Understanding Machinery Breakdown Insurance for Australian Farms
    Welcome to our in-depth exploration of Machinery Breakdown Insurance—a safety net that's becoming increasingly important for the modern Australian farmer. Whether you're involved in cropping, dairy, or livestock, your equipment is the backbone of your operation. As farming technology evolves, the machinery becomes more sophisticated, and unfortunately, the more complex a system is, the more that can go wrong. This is where Machinery Breakdown Insurance comes into play. - read more

    Knowledgebase
    Insurance Claim:
    Notification to an insurance company requesting payment of an amount due under the terms of the policy.