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    Farm Insurance Articles

    Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
    Tractors, Livestock, and Crops: Tailoring Your Farm Insurance to Fit Your Needs
    Welcome to the world of farming, where the fruits of your labor are as tangible as the soil you till. But just as the land is subject to the whims of nature, so too is the business of agriculture. This is where farm insurance becomes essential. Farmers face a set of challenges and uncertainties unlike any other industry, primarily due to the unpredictable forces of weather. - read more
    The Modern Farmer's Checklist for Assessing Farm Equipment Insurance Needs
    The Modern Farmer's Checklist for Assessing Farm Equipment Insurance Needs
    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
    Risk Management and Insurance Options for Farmers
    Risk Management and Insurance Options for Farmers
    Risk management is the practice of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. In farming, risk management involves various strategies to protect the financial health and operational stability of the farm. - read more
    Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
    Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
    Welcome to the first steps in future-proofing your farming legacy. When we think about the hustle and bustle of daily farm life, it's easy to overlook the critical importance of estate planning. For the Australian farmer, estate planning is not just a matter of securing your assets; it's about ensuring the survival and progression of your hard-earned labour to the next generation. - read more
    The Digital Farmer's Guide to Insuring Your Agribusiness in the Tech Age
    The Digital Farmer's Guide to Insuring Your Agribusiness in the Tech Age
    Welcome to the defining era where technology and agriculture entwine, bringing forth the digital farmer's era. With the evolution of agribusiness in the tech age, comes an array of new tools, opportunities, and risks. As a custodian of the earth and steward of the latest innovations, safeguarding your digital farm is just as crucial as nurturing your crops and livestock. - read more
    Common Pitfalls to Avoid When Insuring Your Farm Equipment
    Common Pitfalls to Avoid When Insuring Your Farm Equipment
    In the world of agriculture, having the right insurance coverage is essential. Farming is a high-risk industry that deals with unpredictable elements, and insuring your farm equipment can safeguard your livelihood. - read more
    Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
    Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
    Agroforestry is a transformative approach to land management that integrates trees into agricultural landscapes. In Australia, where farmers contend with variable climates and environmental challenges, agroforestry offers a resilient pathway to productivity and sustainability. - read more
    How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
    How to Protect Your Harvest: Tips for Choosing the Right Crop Insurance
    Farming, at its core, is an enterprise fraught with uncertainty. Weather calamities, pests, diseases, and fluctuating market conditions can all impact the output and quality of produce. This is where crop insurance proves its worth, serving as a safety net for farmers against the myriad risks they face each season. - read more
    A Farmer's Guide to Essential Farm Insurance Terminology
    A Farmer's Guide to Essential Farm Insurance Terminology
    Farming is a vital industry in Australia, requiring significant investment in equipment, crops, livestock, and labour. As with any major investment, protecting it is crucial. That's where farm insurance comes in. - read more
    Customized Insurance Solutions: The Advantage of Specialized Farm Brokers
    Customized Insurance Solutions: The Advantage of Specialized Farm Brokers
    Farming in Australia is more than just a way of life; it is a critical sector that supports the nation’s economy and food supply. However, managing a farm comes with its own set of unique risks. From natural disasters to equipment failures, farmers face numerous challenges that can impact their livelihood. - read more

    Insurance News

    Decline in Life and Income Protection Insurance Premiums Benefits Australians
    Decline in Life and Income Protection Insurance Premiums Benefits Australians
    24 Nov 2025: Paige Estritori
    Recent data indicates a notable decline in life and income protection insurance premiums across Australia, providing consumers with more affordable coverage options. According to the latest Direct Life Insurance Report from Rainmaker Information, direct life premiums have decreased by 7% since 2024. Similarly, direct income protection premiums have seen significant reductions, with average premiums for waiting periods of 30 days and 90 days decreasing by 12% and 13%, respectively. - read more
    TAL's Health Sense Plus Now Covers Income Protection Policies
    TAL's Health Sense Plus Now Covers Income Protection Policies
    24 Nov 2025: Paige Estritori
    In a significant development for policyholders, TAL has expanded its Health Sense Plus program to encompass income protection (IP) policies. This initiative, effective from August 8, 2025, aims to incentivise proactive health management by offering premium discounts to clients who engage in preventative health checks. - read more
    Marsh and Tokio Marine Kiln Introduce Port Disruption Insurance Amid Global Shipping Challenges
    Marsh and Tokio Marine Kiln Introduce Port Disruption Insurance Amid Global Shipping Challenges
    24 Nov 2025: Paige Estritori
    In response to escalating global shipping challenges, leading broker Marsh and Lloyd's underwriter Tokio Marine Kiln have launched a pioneering business interruption insurance specifically designed for ports. This innovative product aims to mitigate the financial impact of trade disruptions caused by various factors, including geopolitical tensions and operational strikes. - read more
    Allianz Australia's Strategic Expansion: RAA Insurance Acquisition
    Allianz Australia's Strategic Expansion: RAA Insurance Acquisition
    24 Nov 2025: Paige Estritori
    In a significant move within the Australian insurance sector, Allianz Australia has successfully completed the acquisition of RAA Insurance for $642 million. This strategic acquisition, approved by the competition regulator on June 12, 2025, marks a substantial expansion of Allianz's footprint in the South Australian market. - read more
    Australian Parliament's Inquiry into Small Business Insurance: What It Means for You
    Australian Parliament's Inquiry into Small Business Insurance: What It Means for You
    24 Nov 2025: Paige Estritori
    The Australian Parliament has initiated a comprehensive inquiry into the provision, regulation, and pricing of modern insurance products for small businesses and not-for-profit organisations. Announced on October 29, 2025, this inquiry aims to address critical issues affecting the insurance landscape for small enterprises across the nation. - read more
    ASIC's $16.8 Million Penalty on Allianz Australia: A Wake-Up Call for the Insurance Industry
    ASIC's $16.8 Million Penalty on Allianz Australia: A Wake-Up Call for the Insurance Industry
    24 Nov 2025: Paige Estritori
    The Australian Securities and Investments Commission (ASIC) has imposed a $16.8 million fine on Allianz Australia and its subsidiary, AWP Australia, for making false and misleading statements regarding travel insurance products. This penalty, announced on February 28, 2025, underscores the regulator's commitment to maintaining transparency and integrity within the insurance sector. - read more
    IAG Projects Significant Premium Growth and Profit Increase for FY26
    IAG Projects Significant Premium Growth and Profit Increase for FY26
    24 Nov 2025: Paige Estritori
    Insurance Australia Group (IAG) has announced an optimistic forecast for the financial year 2026, anticipating a 10% increase in gross written premium (GWP) and an insurance profit ranging between $1.55 billion and $1.75 billion. This projection follows a robust performance in FY25, where IAG reported a 4.3% rise in GWP to $17.1 billion and a net profit after tax of $1.36 billion. - read more
    Australian General Insurers Report Record 19% Return on Equity in FY25
    Australian General Insurers Report Record 19% Return on Equity in FY25
    24 Nov 2025: Paige Estritori
    Australia's general insurance industry has reported a 19% return on equity (ROE) for the financial year 2025, marking the highest level in a decade. This significant achievement is detailed in the latest Optima Report by actuarial consultancy Finity, which attributes the strong performance to a combination of favorable factors. - read more
    Australian Home Insurance Premiums Expected to Rise After $1.8 Billion in Claims
    Australian Home Insurance Premiums Expected to Rise After $1.8 Billion in Claims
    24 Nov 2025: Paige Estritori
    Australian homeowners are bracing for increases in insurance premiums following a series of extreme weather events in early 2025 that led to $1.8 billion in claims. The Insurance Council of Australia (ICA) has highlighted that the growing frequency and intensity of such events are significantly impacting insurance costs nationwide. - read more
    Beauty Therapist Successfully Challenges Insurer Over Flood Damage Claim
    Beauty Therapist Successfully Challenges Insurer Over Flood Damage Claim
    23 Nov 2025: Paige Estritori
    In a significant ruling, a beauty therapist has achieved partial coverage for damages after contesting her insurer's application of a flood exclusion clause. This case underscores the complexities beauticians face when navigating insurance claims related to water damage. - read more

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    Reinsurance:
    Insurance that an insurance company purchases from another insurance company to mitigate risk.