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Insurance News

ASIC Identifies Emerging Innovation Trends in Australian Insurance
ASIC Identifies Emerging Innovation Trends in Australian Insurance
31 May 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has recently released a report highlighting three significant innovation trends that are poised to reshape the insurance sector in Australia. These trends underscore the rapid evolution of financial technology and the imperative for insurers to adapt to maintain competitiveness and compliance. - read more
ASIC Highlights Compliance Risks in Insurers' Claims Handling
ASIC Highlights Compliance Risks in Insurers' Claims Handling
31 May 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has raised concerns regarding compliance risks in insurers' claims handling processes. The regulator's review identified several areas requiring immediate attention to prevent potential breaches of Australian financial services licensee obligations and the General Insurance Code of Practice. - read more
ASIC Advocates for Responsible AI Integration in Insurance
ASIC Advocates for Responsible AI Integration in Insurance
31 May 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has emphasized the importance of safe and responsible innovation as artificial intelligence (AI) becomes increasingly integrated into the insurance sector. The regulator's stance highlights the need for insurers to balance technological advancements with consumer protection and regulatory compliance. - read more
HESTA Announces 12% Reduction in Insurance Fees for Members
HESTA Announces 12% Reduction in Insurance Fees for Members
23 May 2026: Paige Estritori
HESTA, a prominent superannuation fund, has unveiled a significant reduction in insurance fees, averaging 12% across all cover types, effective from 1 July 2026. This initiative aims to provide more accessible and affordable insurance coverage for its members, including real estate professionals who rely on comprehensive protection. - read more
Australian Insurers Highlight Key Challenges for 2026
Australian Insurers Highlight Key Challenges for 2026
23 May 2026: Paige Estritori
As 2026 unfolds, Australian insurers are facing a trio of significant challenges that have direct implications for real estate professionals: rising premium costs, escalating cyber risks, and difficulties in attracting and retaining skilled talent. These insights are drawn from industry feedback cited in Gallagher Bassett’s upcoming report, 'The Carrier Perspective: 2026 Claims Insights.' - read more
Real Estate Agents Insurance Articles

Common Real Estate Risks and How to Mitigate Them with Insurance
Common Real Estate Risks and How to Mitigate Them with Insurance
In the vibrant world of real estate, understanding and managing risks is crucial for success. Real estate agents face a variety of risks that can impact their reputation, financial stability, and client relationships. Navigating these risks effectively is essential for maintaining a thriving business and ensuring client satisfaction. - read more
Top 5 Risk Management Strategies Every Real Estate Agent Should Know
Top 5 Risk Management Strategies Every Real Estate Agent Should Know
In the ever-changing world of real estate, understanding and managing risks are crucial tasks for any real estate agent. From fluctuating market conditions to regulatory shifts, several elements can affect the value and profitability of property investments. Effective risk management practices are essential for protecting assets and ensuring long-term success in this dynamic industry. - read more
Navigating the Risks: Essential Insurance Solutions for Real Estate Agents
Navigating the Risks: Essential Insurance Solutions for Real Estate Agents
In the dynamic world of real estate, managing risks is as crucial as closing a sale. Real estate agents in Australia constantly navigate a landscape full of potential pitfalls, from market fluctuations to client disputes. Understanding these risks and having strategies to manage them is essential for a successful career. - read more
Understanding Income Protection Insurance for Real Estate Professionals
Understanding Income Protection Insurance for Real Estate Professionals
Income protection insurance is designed to provide financial support if you're unable to work due to illness or injury. It ensures a portion of your income continues to be paid during times when you cannot earn. This type of insurance acts as a safety net, offering peace of mind by securing your financial stability during challenging times. - read more
Common Insurance Pitfalls for Real Estate Professionals
Common Insurance Pitfalls for Real Estate Professionals
As a real estate professional, safeguarding your business through adequate insurance is crucial. The real estate industry is fraught with risks, from property damage to client disputes, and insurance serves as a safety net, ensuring that you're protected against unforeseen circumstances. - read more

Knowledgebase
Loss of Use:
Insurance coverage that pays for the additional living expenses if your home is uninhabitable due to a covered loss.