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      Insurance News

      ASIC Calls on Insurers to Enhance Cyber Security in Response to AI Threats
      ASIC Calls on Insurers to Enhance Cyber Security in Response to AI Threats
      07 Jun 2026: Paige Estritori
      The Australian Securities and Investments Commission (ASIC) has issued a stark warning to the insurance sector, emphasising the urgent need to strengthen cyber defences in light of escalating threats posed by artificial intelligence (AI). In a recent open letter, ASIC Commissioner Simone Constant highlighted that the advent of advanced AI technologies has fundamentally altered the cyber threat landscape, necessitating immediate and decisive action from insurers. - read more
      Comprehensive All-Risk Insurance Now Available for Large-Scale Australian Farms
      Comprehensive All-Risk Insurance Now Available for Large-Scale Australian Farms
      07 Jun 2026: Paige Estritori
      In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has unveiled an all-risk farm insurance package specifically designed for large commercial farming operations. This initiative aims to address the complex and evolving needs of the agricultural industry by offering comprehensive coverage that encompasses various aspects of farm operations. - read more
      Strategic Insurance Planning Essential for Australian Farmers Facing Rising Premiums
      Strategic Insurance Planning Essential for Australian Farmers Facing Rising Premiums
      07 Jun 2026: Paige Estritori
      With Australian farm incomes under pressure and insurance premiums rising by up to 40% in some regions, agricultural leaders are urging producers to move away from a 'set and forget' mentality. In today's climate, being strategic with your insurance is no longer just a recommendation—it is a vital business necessity. - read more
      NRMA's Exit from Farm Insurance: What It Means for Australian Farmers
      NRMA's Exit from Farm Insurance: What It Means for Australian Farmers
      07 Jun 2026: Paige Estritori
      Urgent Update for Australian Farmers: NRMA Exits Farm Insurance Market—Here’s Your Trusted Alternative - read more

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      Knowledgebase
      Trauma Insurance:
      An insurance that pays a lump-sum amount on the diagnosis of one of several critical illnesses or events