Thu, 5th Jun 2025

05/06/2025

Listen "Thu, 5th Jun 2025"

Episode Synopsis

In this week's insurance news update, Paige Estritori discusses major developments within the sector. A landmark case in Australia has triggered a necessity for clear communication between insurers and policyholders regarding changes in vehicle usage, following a ride-share driver's victory over Auto & General insurer. The life insurance sector witnesses digital advancement with the introduction of Acenda and EQ Pathology's smart questionnaire, aimed at addressing medical data collection practices. The United Kingdom is experiencing a surge in pet insurance claims due to escalating veterinary costs, causing lossews over £1.23 billion. Meanwhile, severe flooding in New South Wales, Australia highlights the need for policy reform and infrastructure investment amid a crisis caused by significant insurance shortfalls for farmers, homeowners, and businesses.