Professional Indemnity Setting Sums Insured

In times gone by, the term ‘professional person’ usually described a person engaged in the learned professions. Back then doctors, lawyers, scientists and even bank managers (remember those?) would readily come to mind. Fast forward to now and ‘professional persons’ in a myriad of occupations are thick on the ground and can be identified, at […]

The ‘new’ Chubb Insurance

Insurance Business Online takes a look at the new Chubb Insurance It was 1 July 2015 when it was announced that ACE Ltd would acquire The Chubb Corporation. This year, on 14 January, the completion of the acquisition was announced. ACE had paid approximately US$29.5bn (A$38.55bn) in cash and stock for Chubb. That transaction – […]

Insurance Policy Comparisons

As General Insurance Brokers, we get to see a LOT of insurance policies. So many in fact, the only way to correctly analyse them is through the use of Insurance Policy Comparison software analysis – which offers a full policy comparison across all Insurers and all Products. We utilise the outstanding services of PolicyComparison.com – and […]

Statewide Cyber Insurance Report Q2 2016

The Cyber story continues…. SIC zeroes in on cyber crime 4 April 2016 The Australian Securities and Investments Commission (ASIC) has stepped up its surveillance of cyber crime this year in a bid to keep pace with the growing digitisation of the financial services industry. ASIC will invest more in digital forensics capabilities and training […]

Berkshire Hathaway Insurance – A Detailed Look

Berkshire Hathaway Insurance Australia: Cashed up and Confident Warren Buffett’s legendary company has entered the local insurance market,’ and its commercial insurance operation is aiming high. Very high… At a time when Insurers are bracing for one of the most difficult markets in decades, with investments at rock bottom and premium incomes falling, why would an operator […]