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Insurance broker:
An agent acting on behalf of the insured (not the insurance company) who negotiates the terms and cover provided by the insurer in the insurance policy.

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Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasn’t a factor, AMP’s Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industry’s job... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The Risk... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related... read more

NSW Insurance broker suspended
May 22 :: A Menai-based insurance broking firm has had its licence suspended for seven months following surveillance conducted by the Australian Securities and... read more

Insurance Articles

The Insurance Claim Game
If you've never had to file an insurance claim, consider yourself lucky - in more ways than one. While it's terrific that you haven't suffered a loss... read more

Business Interruption Insurance - Things Every Business Needs to Know
Any business, small, medium or large is susceptible to damages from events like natural calamities, or man-made disasters. They may be forced to shut... read more

Women are the underdogs when it comes to insurance
Research released by the Investment and Financial Services Association in late September highlighted the fact that Australian women with dependent children... read more

Business Interruption Insurance - Getting the Indemnity Period Right
Business Interruption Insurance can be what stands between the collapse or survival of your business following major loss such as a fire, flood or storm.... read more

Risk Management - 8 steps To Avoid Litigation
Accidents, mistakes and misunderstandings can happen in any business. Some are settled amicably, others grow into full-blown disputes, and before you... read more

Purchasing Business Insurance for the First Time? Things You Need to Know
Having adequate business insurance is primary to every business, regardless of its size, geographic location or product it offers. While running a business... read more

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