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    Insurance News

    CHU Introduces Cyber Protection in Strata Insurance Policies
    CHU Introduces Cyber Protection in Strata Insurance Policies
    06 May 2026: Paige Estritori
    In a significant move to bolster the resilience of Australian strata communities, CHU Underwriting Agencies has integrated cyber protection into its residential strata insurance policies. This enhancement specifically targets the growing risk of social engineering fraud, a form of cybercrime where malicious actors impersonate trusted contacts to manipulate payment instructions. - read more
    Suncorp's Strategic Shift in Strata Insurance Classification
    Suncorp's Strategic Shift in Strata Insurance Classification
    06 May 2026: Paige Estritori
    Suncorp, a leading Australian insurer, has strategically reclassified its strata insurance business from consumer to commercial, signalling a concerted effort to expand its footprint in the strata insurance market. This move aligns with the company's broader strategy to enhance its commercial insurance offerings and leverage synergies within its portfolio. - read more
    CHU Expands Strata Insurance Capacity to Support Larger Developments
    CHU Expands Strata Insurance Capacity to Support Larger Developments
    06 May 2026: Paige Estritori
    CHU Underwriting Agencies, Australia's largest strata insurance underwriting agency, has announced a significant increase in its single risk capacity, more than doubling it to $690 million. This substantial enhancement reflects CHU's commitment to accommodating the evolving landscape of strata developments across the nation. - read more
    Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
    Suncorp's Strategic Reinsurance Move to Bolster Financial Stability
    06 May 2026: Paige Estritori
    Suncorp has recently finalised a substantial reinsurance agreement valued at AU$2.4 billion, spanning five years. This strategic move is designed to cap natural hazard costs in approximately 90% of scenarios, thereby enhancing the company's financial resilience. - read more
    IAG's Steadfast Profit Targets Amidst Acquisition Challenges
    IAG's Steadfast Profit Targets Amidst Acquisition Challenges
    06 May 2026: Paige Estritori
    Insurance Australia Group (IAG) has reported a net profit after tax of AU$505 million for the first half of the 2026 financial year, a decrease from AU$778 million in the same period of 2025. This decline is primarily attributed to the AU$174 million impact from severe weather events immediately following the acquisition of RACQ Insurance (RACQI), which occurred before the business was integrated into IAG's comprehensive reinsurance program in January 2026. - read more
    Car Insurance Articles

    The Art of Comparing Car Insurance Quotes for Max Savings in Australia
    The Art of Comparing Car Insurance Quotes for Max Savings in Australia
    Car insurance is a critical component of responsible vehicle ownership in Australia. With roads bustling with diverse traffic, from urban highways to outback tracks, safeguarding your journey becomes indispensable. However, the complex world of car insurance can bewilder even the most astute driver. This article embarks on a quest to demystify the process of comparing car insurance quotes, aiming for not just coverage, but substantial savings too. - read more
    Don’t Let These Hidden Costs Drain Your Car Insurance Budget
    Don’t Let These Hidden Costs Drain Your Car Insurance Budget
    Car insurance is an essential expenditure for any vehicle owner, but are you truly aware of all the costs involved? Many Australians focus solely on the premiums, overlooking additional charges that can significantly impact their budget. Understanding these hidden costs is crucial to avoid an unpleasant surprise. - read more
    How Your Driving Habits Affect Your Car Insurance Premiums
    How Your Driving Habits Affect Your Car Insurance Premiums
    Car insurance is a necessary expense for anyone who owns a vehicle. It provides financial protection against accidents, theft, and other unexpected events. In Australia, having comprehensive car insurance can save you significant costs down the line. However, what many drivers may not realise is how their driving habits can directly influence their insurance premiums. - read more
    Are Extras Worth the Investment? Unpacking Car Insurance Add-Ons
    Are Extras Worth the Investment? Unpacking Car Insurance Add-Ons
    Car insurance is an essential part of owning a vehicle in Australia, providing financial protection and peace of mind. Standard coverage typically includes protection against collision damage, theft, and various liabilities. However, the world of car insurance doesn’t stop here; enter the realm of 'extras' - additional options that go beyond the basics. - read more
    Why Customisation Matters: Tailoring Car Insurance to Fit Your Needs
    Why Customisation Matters: Tailoring Car Insurance to Fit Your Needs
    Car insurance customisation refers to the process of tailoring an insurance policy to fit the specific needs and circumstances of an individual driver or business. Unlike standard, one-size-fits-all policies, customised car insurance allows for the inclusion and exclusion of coverage options based on the unique requirements of the insured party. - read more

    Knowledgebase
    Loss of Use:
    Insurance coverage that pays for the additional living expenses if your home is uninhabitable due to a covered loss.