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    Business Insurance Articles

    Decoding Public Liability Insurance: Is It a Must-Have for Your Australian Startup?
    Decoding Public Liability Insurance: Is It a Must-Have for Your Australian Startup?
    Public liability insurance is an integral safety net designed to protect businesses from the financial risks associated with lawsuits or claims. It provides coverage when a business is found legally responsible for personal injury to a third party or damage to their property. This form of insurance can significantly reduce the burden of legal fees, compensation claims, and other associated costs that may arise from unforeseen incidents. - read more
    Is Your Business Fully Protected? Top Signs It’s Time to Renew Your Liability Insurance
    Is Your Business Fully Protected? Top Signs It’s Time to Renew Your Liability Insurance
    As a business owner, one of your top priorities is safeguarding your enterprise from unforeseen events that could lead to financial liabilities. Liability insurance is the cornerstone of this protection, offering a safety net against claims that could otherwise derail your business's financial stability. However, it's not just about having insurance; it's crucial to ensure your coverage is current and adequate for your evolving business requirements. - read more
    The Importance of Public Liability Insurance in the Australian Labour Hire Industry
    The Importance of Public Liability Insurance in the Australian Labour Hire Industry
    The Australian labour hire industry has seen a significant rise in recent years, and with this growth, comes new and unique risks that companies in this industry must be prepared to navigate. One such risk is the potential for accidents or damages to occur in the workplace, which is where public liability insurance comes in. This article will explore the definition of public liability insurance and why it is so important for labour hire companies in Australia. - read more
    Understanding the Key Factors Influencing Your Liability Insurance Premiums
    Understanding the Key Factors Influencing Your Liability Insurance Premiums
    Liability insurance is a form of coverage that protects businesses against claims resulting from injuries and damage to people or property. It provides crucial peace of mind, ensuring that your business is shielded from potentially devastating financial losses due to lawsuits or claims against it. - read more
    How Public Liability Insurance Can Save Your Business During a Crisis
    How Public Liability Insurance Can Save Your Business During a Crisis
    Public liability insurance is designed to protect your business from financial loss if you are found liable for causing injury or property damage to a third party. This type of insurance covers legal costs and any compensation claims that might arise from accidents or incidents involving your business operations. - read more

    Insurance News

    CHU Introduces Cyber Protection in Strata Insurance Policies
    CHU Introduces Cyber Protection in Strata Insurance Policies
    06 May 2026: Paige Estritori
    In a significant move to bolster the resilience of Australian strata communities, CHU Underwriting Agencies has integrated cyber protection into its residential strata insurance policies. This enhancement specifically targets the growing risk of social engineering fraud, a form of cybercrime where malicious actors impersonate trusted contacts to manipulate payment instructions. - read more
    Suncorp's Strategic Shift in Strata Insurance Classification
    Suncorp's Strategic Shift in Strata Insurance Classification
    06 May 2026: Paige Estritori
    Suncorp, a leading Australian insurer, has strategically reclassified its strata insurance business from consumer to commercial, signalling a concerted effort to expand its footprint in the strata insurance market. This move aligns with the company's broader strategy to enhance its commercial insurance offerings and leverage synergies within its portfolio. - read more
    CHU Expands Strata Insurance Capacity to Support Larger Developments
    CHU Expands Strata Insurance Capacity to Support Larger Developments
    06 May 2026: Paige Estritori
    CHU Underwriting Agencies, Australia's largest strata insurance underwriting agency, has announced a significant increase in its single risk capacity, more than doubling it to $690 million. This substantial enhancement reflects CHU's commitment to accommodating the evolving landscape of strata developments across the nation. - read more
    Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
    Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
    06 May 2026: Paige Estritori
    Suncorp has recently finalised a substantial reinsurance agreement valued at AU$2.4 billion, spanning five years. This strategic move is designed to cap natural hazard costs in approximately 90% of scenarios, thereby enhancing the company's financial resilience. - read more
    IAG's Steadfast Profit Targets Amidst Acquisition Challenges
    IAG's Steadfast Profit Targets Amidst Acquisition Challenges
    06 May 2026: Paige Estritori
    Insurance Australia Group (IAG) has reported a net profit after tax of AU$505 million for the first half of the 2026 financial year, a decrease from AU$778 million in the same period of 2025. This decline is primarily attributed to the AU$174 million impact from severe weather events immediately following the acquisition of RACQ Insurance (RACQI), which occurred before the business was integrated into IAG's comprehensive reinsurance program in January 2026. - read more

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