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      Insurance News

      APRA's Intervention: Freezing Unjustified Premium Hikes in Commercial Auto Insurance
      APRA's Intervention: Freezing Unjustified Premium Hikes in Commercial Auto Insurance
      15 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
      Soft Market Conditions Persist in Australian Commercial Insurance Through First Half of 2026
      Soft Market Conditions Persist in Australian Commercial Insurance Through First Half of 2026
      15 Jun 2026: Paige Estritori
      The Australian commercial insurance market has maintained its soft stance through the first half of 2026, characterized by competitive pricing, expanded insurer capacity, and broad underwriting appetites. This trend, detailed in the latest Insurance Market Trends and Outlook report released by EBM Insurance & Risk on 11 May 2026, reflects a market shaped by heightened competition and stabilizing reinsurance conditions. - read more
      EML Group's Strategic Acquisition of Guild Insurance: A Move Towards Technological Advancement
      EML Group's Strategic Acquisition of Guild Insurance: A Move Towards Technological Advancement
      15 Jun 2026: Paige Estritori
      In February 2026, EML Group secured a majority stake in Guild Insurance, marking a strategic partnership aimed at unlocking growth opportunities and accelerating the development of technology and artificial intelligence within the insurance sector. This collaboration combines Guild's extensive experience in general insurance and workers' compensation with EML's expertise in injury claims management and technology-driven solutions. - read more
      HiPages Expands Services with VIZ Insurance Acquisition
      HiPages Expands Services with VIZ Insurance Acquisition
      15 Jun 2026: Paige Estritori
      HiPages Group Holdings, a leading Australian online platform connecting homeowners with tradespeople, has recently acquired a 51% stake in VIZ Insurance. This strategic acquisition marks HiPages' entry into the insurance distribution sector, aiming to provide comprehensive services tailored for tradespeople across Australia. - read more

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      Income Insurance:
      Insures your income in the event of you being unable to work due to sickness or accident.