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Insurance Articles

Deciphering Policy Jargon: A Beginner's Guide to Australian Insurance Terms
Deciphering Policy Jargon: A Beginner's Guide to Australian Insurance Terms
Welcome to the world of insurance in Australia - a realm where jargon often clouds the true meaning of policies, leaving many bewildered. But fret not! This guide is here to shine a light through the haze, demystifying the language that stands between you and informed insurance decisions. Whether you're starting a business, buying a home, or simply safeguarding your family's future, understanding insurance terminology is pivotal. - read more
Starting Out: How to Pick the Right Insurance As a Young Professional in Australia
Starting Out: How to Pick the Right Insurance As a Young Professional in Australia
Welcome to the journey of safeguarding your future! As a young professional in Australia, you're likely juggling the demands of a burgeoning career with personal goals and financial responsibilities. Navigating the world of insurance is critical in creating a safety net around these aspirations. But why exactly is insurance a cornerstone for those entering the professional realm, and how do you discern which coverage best aligns with your unique pathway? - read more
Income Protection: How to Safeguard Your Earnings in Uncertain Times
Income Protection: How to Safeguard Your Earnings in Uncertain Times
In the landscape of personal financial planning, income protection insurance emerges as a critical safeguard against the unpredictable nature of life's many uncertainties. As we navigate through economic turbulence and job market volatility, the importance of income protection becomes ever more apparent. This type of insurance serves as a financial backstop, designed to provide a stable flow of income when you're unable to work due to sickness or injury. - read more
Common Cyber Threats Facing Small Businesses and How Insurance Can Help
Common Cyber Threats Facing Small Businesses and How Insurance Can Help
In today's digital age, cybersecurity has become a critical factor for businesses of all sizes. Small businesses, in particular, are increasingly targeted by cybercriminals due to their perceived vulnerabilities. Cybersecurity involves implementing measures to protect computer systems, networks, and data from malicious attacks. Ensuring robust cybersecurity can significantly reduce the risks of data breaches, ransomware, and other cyber threats that could disrupt business operations. - read more
The Comprehensive Comparison: Evaluating Different Insurance Providers in Australia
The Comprehensive Comparison: Evaluating Different Insurance Providers in Australia
Welcome to the comprehensive guide on evaluating different insurance providers in Australia. Navigating through the plethora of insurance options can be overwhelming. With a market full of competing insurers, choosing the right provider is critical to ensuring ample protection for your assets, health, and peace of mind. This introduction aims to underscore the significance of this decision for Australian consumers. - read more

Insurance News

EQT Proposes $3.41 Billion Acquisition of AUB Group
EQT Proposes $3.41 Billion Acquisition of AUB Group
08 Nov 2025: Paige Estritori
In a significant development within the Australian insurance industry, Swedish private equity firm EQT has made a takeover offer for AUB Group, valuing the company at A$5.25 billion (US$3.41 billion). This proposal includes a price of A$45 per share, representing a 25.1% premium over AUB's last closing price. The offer follows an earlier bid of A$43 per share, indicating EQT's strong interest in expanding its footprint in the Australian market. - read more
AIA Australia Unveils Innovative Member Insurance Portal
AIA Australia Unveils Innovative Member Insurance Portal
08 Nov 2025: Paige Estritori
AIA Australia has launched a cutting-edge Member Insurance Portal designed to provide a streamlined insurance experience for group insurance customers. This digital initiative aims to optimize the claims process, offering members the ability to track their claims throughout the entire lifecycle, thereby ensuring transparency and simplicity during potentially challenging times. - read more
Australian Insurers Achieve $6.1 Billion Profit Amid Rising Premiums
Australian Insurers Achieve $6.1 Billion Profit Amid Rising Premiums
08 Nov 2025: Paige Estritori
Australia's insurance industry has reported an after-tax profit of $6.1 billion for the year 2024, a figure that is three times higher than the five-year average of $2 billion. This substantial increase is attributed to significant premium hikes and a relatively benign year for natural disasters. - read more
EQT's $3.41 Billion Bid for AUB Group: A Game-Changer in Australian Insurance
EQT's $3.41 Billion Bid for AUB Group: A Game-Changer in Australian Insurance
31 Oct 2025: Paige Estritori
In a significant development within the Australian insurance sector, Swedish private equity firm EQT has proposed a takeover of AUB Group, valuing the company at A$5.25 billion (US$3.41 billion). This offer represents a 25.1% premium over AUB's last closing price, indicating EQT's strong interest in expanding its footprint in the Australian market. - read more
AIG Australia Penalised for Breaching Insurance Code Obligations
AIG Australia Penalised for Breaching Insurance Code Obligations
31 Oct 2025: Paige Estritori
The Insurance Code Governance Committee has imposed a $30,000 penalty on AIG Australia for breaching its obligations under the insurance code. The breaches pertain to the insurer's failure to inform customers about delays in handling their complaints and neglecting to notify them of their right to escalate matters to the ombudsman. - read more

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The amount paid for an insurance policy, usually on a regular basis, to maintain coverage.