On this episode of the Daily Financial Services News Wrap, we dive into key updates from the Australian financial services industry. First, Insurance Australia Group (IAG) boosts its annual profit forecast by $100 million following the successful integration of RACQ Insurance, suggesting a profitable period for stakeholders in the Australian transport sector. Next, we discuss how Bajaj Auto's €600 million investment into KTM AG strengthens the motorcycle manufacturer's financial standing and reassures the continued availability of KTM motorcycles in Australia. We also look at Envest Group's new initiative, TLI Underwriting, aiming to fill the market gap in support for heavy motor fleet brokers, and end with a National Transport Insurance report attributing major truck accidents to human error, urging transport businesses to invest more in driver training and safety technology. Stay informed, stay secure with Financial Services Online.n

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