Fri, 24th Oct 2025

24/10/2025

Listen "Fri, 24th Oct 2025"

Episode Synopsis

In this episode of the Weekly Insurance News Wrap, host Paige Estritori discusses key events in Australia's insurance industry. There has been a significant increase in collision risks for fleet operators, leading to stricter oversight from insurers and the adoption of Usage-Based Insurance using telematics. Larger firms are leaning towards captive insurance for improved stability. Driver distraction and inattention were major factors in serious accidents, as revealed by the National Truck Accident Research Centre, emphasizing the need for advanced telematics and driver education. Car insurance premiums have increased by 5.8% between 2024 and 2025, affected by varying factors such as demographics and geography. Homeowners are also seeing a surge in premiums due to severe weather events. Experts recommend enhancing property resilience and proactive searching for better deals to manage these costs effectively.n