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      Insurance News

      NTI Updates Transport Pack to Support Transport Industry Amid Challenges
      NTI Updates Transport Pack to Support Transport Industry Amid Challenges
      17 May 2026: Paige Estritori
      National Transport Insurance (NTI), Australia's leading truck insurer, has recently refreshed its Transport Pack to better support the transport industry during a period marked by significant challenges. With nearly five decades of industry experience, NTI is leveraging its extensive data to offer solutions tailored to the current needs of transport operators. - read more
      Australian Motor Fleets Embrace Telematics to Boost Safety and Control Costs
      Australian Motor Fleets Embrace Telematics to Boost Safety and Control Costs
      17 May 2026: Paige Estritori
      In response to escalating insurance premiums and stringent safety regulations, Australian motor fleet operators are increasingly turning to telematics technology. This shift is particularly evident in sectors with high operational risks and compliance requirements, such as the resources industry. - read more
      IAG's Strategic Response to Softening Commercial Insurance Market
      IAG's Strategic Response to Softening Commercial Insurance Market
      17 May 2026: Paige Estritori
      Insurance Australia Group (IAG) is proactively addressing the challenges posed by the current soft commercial insurance market through its Intermediated Insurance Australia (IIA) division. CEO Jarrod Hill has expressed confidence in the division's ability to navigate these conditions, citing a well-balanced business portfolio and strategic operational adjustments. - read more
      Tasmania's Collaborative Strategy to Enhance Insurance Affordability
      Tasmania's Collaborative Strategy to Enhance Insurance Affordability
      17 May 2026: Paige Estritori
      The Tasmanian Government has announced a significant shift in its strategy to address insurance affordability and availability within the state. Premier Jeremy Rockliff revealed plans to collaborate with insurers, brokers, and reinsurers to develop solutions that effectively tackle these issues. - read more

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      Coinsurance:
      A percentage of the cost of a covered healthcare service that you pay after you have paid your deductible.