Thu, 18th Jul 2024

18/07/2024

Listen "Thu, 18th Jul 2024"

Episode Synopsis

In this week's Financial Services Online Podcast, Paige Estritori highlights a handful of key stories. Firstly, Suncorp has launched its third Reconciliation Action Plan, aiming at racial reconciliation, economic equity, and creating more accessible insurance solutions for Indigenous Australian communities. Secondly, the Australian Financial Complaints Authority ruled in favor of a homeowner in a case against Hollard Insurance, signifying the significance of independent review bodies. QBE is also implementing new strategies learned from the 2022 Australian floods to streamline claims handling processes, improve communication, and bolster risk management. Finally, the podcast covers the rise in Australian dollar value, making overseas travel more attractive for Australians and underlining the benefits of digital wallets over cash for international transactions. Tune in to Financial Services Online for more comprehensive, up-to-date insurance news.