Wed, 15th Oct 2025

15/10/2025

Listen "Wed, 15th Oct 2025"

Episode Synopsis

In this episode of Financial Services Online Weekly Insurance News Wrap, we delve into Australian insurance news for October 15, 2025. The Supreme Court of New South Wales fined Allianz Australia Insurance and AWP Australia $16.8 million for misleading consumers about travel insurance from 2016 to 2018. Also explored is the rise in travel insurance policies and related claims due to Australians' increased travel to Bali. The importance of comprehensive travel insurance coverage, which can prevent high costs, is underscored. We also discuss hidden exclusions affecting coverage, with a reminder to understand any policy's fine print. The final news item concerns Aon's partnership with the Real Estate Institute of South Australia, which aims to provide robust insurance solutions and risk consultancy to real estate professionals. Join Paige Estritori for these and other insurance updates.n