Exploring the Future of Insurance at the Outlook 2025 Conference
Exploring the Future of Insurance at the Outlook 2025 Conference
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
The Insurance News Outlook 2025 Conference, scheduled for March 12 in Sydney, is set to delve deeply into the insurance industry's future.
With a focus on emerging risks, advancements in technology, and the evolving landscape of broking, the event promises insightful discussions led by industry experts.
The discussion panel will include key figures such as Insurtech Australia CEO Simone Dossetor, Coalition GM Australia Sam Weaver, Edgewise Insurance Brokers account director Stella Pruscino, and Berkley Re's Asia-Pacific CEO Glen Riddell. These leaders will offer diverse perspectives on the challenges and opportunities facing the sector today.
Highlights of the conference include an opening session exploring findings from an exclusive Finity/Insurance News market report, followed by a keynote address from Hollard Australia founder Richard Enthoven on growth prospects within the Australian market.
Crucial topics, such as the rising insurance costs for homeowners in high-risk areas, will be addressed by a panel comprising Alexandra Hordern from the Insurance Council of Australia, Allianz’s Nicholas Scofield, and Julia Davis from the Financial Rights Legal Centre. Meanwhile, Nathan Bourne from the Australian Securities and Investments Commission (ASIC) will outline the regulator’s insurance priorities.
The agenda includes Prue Monument from the Australian Financial Complaints Authority discussing transparency expectations, and a panel comprising IAG CEO Nick Hawkins, Lloyd’s Chris Mackinnon, Suncorp's Michael Miller, Liberty's John McCabe, and Trent Williams from WTW, who will debate the year's critical challenges and opportunities.
The event receives support from gold partners Finity and Liberty, along with sponsors including Allianz, AAMC, and Australia Underwriting. Attendees can earn continuing professional development points-five NIBA CPD points and eight ANZIIF CIP points, emphasizing the conference’s educational value.
Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.
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The Australian government has introduced legislation to prohibit the practice known as 'product phoenixing' within the private health insurance sector. This move aims to enhance transparency and fairness for consumers by preventing insurers from closing existing policies and reintroducing nearly identical ones at higher premiums. - read more
HCF, Australia's largest not-for-profit health fund, has announced the extension of its major partnership with Netball Australia and Super Netball, continuing as the sport's official health insurance partner through to the end of 2027. This renewal underscores HCF's dedication to improving the health and wellbeing of Australian women by supporting netball at all levels-from grassroots participation to elite competition. - read more
Recent analysis by consumer advocacy group CHOICE has revealed that Australians holding gold-level health insurance policies may face premium increases of up to 25% starting in April 2026. This substantial hike significantly exceeds the average 4.41% increase approved by the government for private health insurance premiums. - read more
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The Insurance Council of Australia (ICA) has announced a collaboration with global AI leaders EXL and Shift Technology to develop a national data analytics fraud detection and investigations platform. This initiative aims to empower Australian insurers to unite in the fight against organized fraud networks, enhancing the integrity and reliability of the insurance industry. - read more
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Australian homeowners are facing mounting financial pressures as home insurance premiums continue to rise, driven by a combination of inflationary trends and an uptick in extreme weather events. This escalation is not only straining household budgets but also raising concerns about the widening insurance protection gap across the nation. - read more
The Australian Prudential Regulation Authority (APRA) has recently taken decisive action to address significant concerns within the commercial auto insurance sector. In response to widespread industry protests over substantial premium increases, APRA has introduced emergency regulations aimed at safeguarding transport operators from financial hardship. - read more
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Australian farmers face an array of natural disasters that can threaten livelihoods and disrupt the delicate balance of agricultural ecosystems. From devastating bushfires and droughts to powerful storms and floods, these catastrophic events pose serious risks to the farming community. Understanding and preparing for these forces is not just about survival; it's about building a sustainable future for farms across the continent. - read more
Welcome to our comprehensive guide on navigating the complexities of farm insurance for Australian farmers. As an integral part of the agricultural industry, insurance provides a safety net that helps secure the livelihood of farmers against unpredictable events that can lead to financial hardship. From property damage due to natural disasters to loss of livestock or crops, having adequate farm insurance can make all the difference in keeping a farming operation afloat in times of crisis. - read more
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In the dynamic world of Australian agriculture, farm equipment plays a crucial role in the day-to-day operations of farms. From tractors to harvesters, having the right machinery means managing your farm more efficiently. However, the high value of this equipment makes it essential to protect it adequately through insurance. - read more
Crop insurance is a type of insurance policy designed to protect farmers from the financial losses that arise from damages to their crops. This could be due to various risks, including adverse weather conditions, pests, and diseases. - read more
As the backbone of Australian agriculture, farm equipment plays an essential role in day-to-day operations across our expansive and diverse landscapes. From the vast wheat belts to the tropical fruit farms, machinery ensures efficiency and productivity in the face of constant challenges. But with reliance on such equipment comes significant risk—the financial burden of damage or loss can be devastating to a farmer's livelihood. - read more
Farming is much more than an occupation; it's a way of life and a heritage that often spans generations. In today's ever-evolving agricultural landscape, embracing modern practices while preserving your farm's future has never been more crucial. Estate planning emerges as a pivotal strategy for safeguarding your agricultural legacy, ensuring that your hard-earned investments and the land you hold dear are passed on according to your wishes. - read more
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Knowledgebase
Disability Insurance: A type of insurance protection that pays a portion of a person's income lost due to a total or partial disablement arising from either an accident or a sickness.