Western countries facing increased terrorism threat says Aon

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Risk levels are rising in Western economies due to the increased terror threat presented by Islamic extremists according to the Aon Terrorism and Political Risk Map. Launched yesterday by Aon Risk... Read more continue reading

New redundancy insurance fills industry gap

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Income Security Founder and Principal Mr. Wally Ripper has announced the release of a new standalone insurance product to be marketed as Income Security Insurance to address the redundancy insurance gap... Read more continue reading

TAL delivers solid growth as life insurance claims payouts hit record high

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Australia’s leading life insurance specialist TAL yesterday announced it has ended the financial year (1 April 2014 – 31 March 2015) with solid growth while showing a substantial increase in life... Read more continue reading

AIA Australia launches enhanced Priority Protection insurance range

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New enhancements make it easier for business owners and TPD claimants to top up cover Leading life insurer AIA Australia today announced a number of enhancements to its top-selling Priority... Read more continue reading

Brokers: Beware the Binder

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A little known technicality in the Corporations Act may mean that some insurers and brokers may not realise they are operating a ‘binder’ when arranging group insurance, according to The... Read more continue reading

AMP announces life insurance reforms

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AMP has announced reforms to payment structures which will reduce upfront commissions for AMP licensed advisers on all life insurance policies. The changes will take effect from 1 July 2015.... Read more continue reading

TAL life insurance payouts hit almost $1 billion a year

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New figures show that Australia’s leading life insurance specialist TAL paid out more than $947 million in claims last year, an increase of around 12.5% on the previous year’s payout... Read more continue reading

Local economic conditions: Primary risk for Australian businesses

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Local economic conditions have trumped regulatory and legislative policies as the most prominent risk facing Australian businesses in 2014/2015, according to Aon’s most recent Australian Risk Survey. Regulatory and legislative... Read more continue reading

Aon launches Connect to offer up-to-the minute risk information

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Aon has announced the launch of Connect, an online destination created to facilitate and elevate conversations about risk. The online location will house up-to-the minute content from subject matter experts,... Read more continue reading

Freeman McMurrick signs exclusive agreement with Aon Underwriting Managers as sole distributor of solutions in Australia and New Zealand

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Aon Underwriting Managers (AUM), Aon’s managing general agency, has signed an exclusive distribution agreement with wholesale underwriting management company, Freeman McMurrick (FMM). The agreement positions FMM as the sole distributor of... Read more continue reading