Fri, 19th Jul 2024

19/07/2024

Listen "Fri, 19th Jul 2024"

Episode Synopsis

On the Weekly Insurance News Wrap, Paige Estritori discussed key developments in the insurance industry. The non-profit health fund HCF expanded its partnership with Allianz, adding home and motor insurance offerings to its portfolio. This move aims to meet the needs of members aged 25 and over for affordable insurance. Suncorp launched its third Reconciliation Action Plan (RAP) aiming to provide more economic opportunities for First Nations people by offering tailored insurance solutions. A recent insurance dispute resolution saw a homeowner winning against Hollard Insurance for a ground movement damage claim. Lastly, QBE announced changes to their claims processes after the 2022 Australian floods, instigating a property health check program and introducing geospatial technology to expedite commercial claims processing.n

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