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Insurance News

IAG's Strategic Vision: Ambition 2030 Targets $25 Billion GWP
IAG's Strategic Vision: Ambition 2030 Targets $25 Billion GWP
14 Jun 2026: Paige Estritori
Insurance Australia Group (IAG) has unveiled its ambitious growth strategy, 'Ambition 2030,' aiming to achieve over $25 billion in gross written premium (GWP) and expand its customer base to more than 11 million by the year 2030. This strategic plan reflects IAG's commitment to substantial growth and enhanced market presence in the coming years. - read more
Swiss Re Suspends New Life & Health Business in Australia
Swiss Re Suspends New Life & Health Business in Australia
14 Jun 2026: Paige Estritori
Swiss Re Life & Health Australia has announced a pause on accepting new business in the country, effective October 2025. This decision comes as the company seeks to address the escalating concerns surrounding Total Permanent Disability (TPD) insurance claims and to enhance the long-term sustainability of its product offerings. - read more
ACCC Blocks IAG's Acquisition of RAC Insurance
ACCC Blocks IAG's Acquisition of RAC Insurance
14 Jun 2026: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has opposed the proposed $1.35 billion acquisition of RAC Insurance by Insurance Australia Group (IAG), citing significant concerns over reduced competition in Western Australia's insurance sector. This decision underscores the regulator's commitment to maintaining a competitive market landscape, particularly in essential household insurance lines. - read more
HESTA's 12% Insurance Fee Reduction: What It Means for Real Estate Professionals
HESTA's 12% Insurance Fee Reduction: What It Means for Real Estate Professionals
07 Jun 2026: Paige Estritori
HESTA, a leading superannuation fund, has announced 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
IAG's $505 Million Profit: Navigating Weather Challenges in the Insurance Sector
IAG's $505 Million Profit: Navigating Weather Challenges in the Insurance Sector
07 Jun 2026: Paige Estritori
Insurance Australia Group (IAG), a prominent player in the Australian insurance market, has reported a net profit after tax of $505 million for the first half of the 2026 financial year. This figure represents a decrease from the $778 million recorded in the corresponding period of the previous year, primarily due to the impact of severe seasonal weather events. - read more
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Real Estate Agents Insurance Articles

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
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
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
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
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

Knowledgebase
Elimination Period:
The time period between an injury and the receipt of benefit payments from an insurer, particularly in disability insurance.

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