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    Insurance News

    Australian Insurers Face Challenges in Risk Preparedness
    Australian Insurers Face Challenges in Risk Preparedness
    21 Apr 2026: Paige Estritori
    Recent findings from the PwC Insurance Banana Skins Survey reveal that Australian insurers are trailing their global counterparts in risk preparedness, scoring 6.6% lower on the Preparedness Index. This gap highlights the pressing need for the Australian insurance industry to bolster its strategies against emerging threats. - read more
    Market Concentration in Australian Insurance Industry Under Scrutiny
    Market Concentration in Australian Insurance Industry Under Scrutiny
    21 Apr 2026: Paige Estritori
    Australia's general insurance market is currently dominated by four major companies—Insurance Australia Group (IAG), Suncorp, QBE, and Allianz—which collectively control nearly 75% of the market. This high level of concentration has sparked discussions about its implications for competition and consumer outcomes. - read more
    Rising Insurance Premiums Challenge Australian Small Businesses
    Rising Insurance Premiums Challenge Australian Small Businesses
    21 Apr 2026: Paige Estritori
    Australian small and medium-sized enterprises (SMEs) are grappling with escalating insurance premiums, a trend largely driven by the increasing frequency and severity of natural disasters. Data from insurance comparison site BizCover indicates that business claims for severe weather events have nearly doubled over the past three years, underscoring the growing impact of climate-related incidents on the business sector. - read more
    Hutch Underwriting's New Landlord Insurance: A Digital Age Solution
    Hutch Underwriting's New Landlord Insurance: A Digital Age Solution
    20 Apr 2026: Paige Estritori
    In August 2025, Hutch Underwriting unveiled a pioneering landlord insurance product tailored for the Australian market. This policy stands out by integrating cyber protection, addressing the evolving digital risks that modern landlords face. - read more
    Allianz Identifies Australian Suburbs with Elevated Landlord Insurance Claims
    Allianz Identifies Australian Suburbs with Elevated Landlord Insurance Claims
    20 Apr 2026: Paige Estritori
    In April 2025, Allianz Australia released a report highlighting Australian suburbs with the highest number of landlord insurance claims. The findings provide valuable insights for property investors, emphasizing the importance of understanding regional risks. - read more
    Commercial Property Insurance Articles

    The Essential Checklist for Property Investors: Filing a Claim with Confidence
    The Essential Checklist for Property Investors: Filing a Claim with Confidence
    As a property investor, having the right commercial property insurance is vital. It protects your investment against unexpected events, ensuring that your assets are safeguarded. Commercial property insurance covers a range of risks that can lead to significant financial losses, from natural disasters to theft. Understanding the nuances of this insurance is essential for making informed decisions that impact your bottom line. - read more
    Is Commercial Property Insurance mandatory?
    Is Commercial Property Insurance mandatory?
    Commercial property insurance is a type of coverage that protects businesses and their assets from various risks. This insurance safeguards physical properties, including buildings, equipment, inventory, and other essential assets. By having commercial property insurance, businesses can mitigate losses that may occur due to unexpected events. - read more
    What Factors Affect Commercial Property Insurance Premiums?
    What Factors Affect Commercial Property Insurance Premiums?
    Commercial property insurance is designed to protect businesses and landlords against losses to their buildings and other related assets. This type of insurance covers various incidents, such as fire, theft, and damage from natural disasters. It's essential for safeguarding not just the physical property but also the livelihood associated with the business operations conducted within that space. - read more
    Beyond the Basics: Essential Add-Ons for Comprehensive Commercial Property Insurance
    Beyond the Basics: Essential Add-Ons for Comprehensive Commercial Property Insurance
    Commercial property insurance is a vital safeguard for businesses and landlords, protecting physical assets from a variety of risks. This type of insurance covers a range of properties, from office buildings to retail spaces, ensuring that in the event of damage or loss, you have financial support to recover your investment. - read more
    Natural Disasters and Your Commercial Property: Is Your Insurance Adequate?
    Natural Disasters and Your Commercial Property: Is Your Insurance Adequate?
    Australia is known for its diverse landscapes, but one of the harsher realities it faces is the increasing frequency of natural disasters. From bushfires in the outback to devastating floods in urban areas, these events can have severe implications for commercial properties. Business owners must navigate the challenges of not only protecting their assets but also ensuring the continuity of their operations. - read more

    Knowledgebase
    Underwriting:
    The process by which an insurer determines the risk of insuring a client and decides the terms of coverage.