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Insurance News

Budget Direct Triumphs as Australia's Top Insurer in 2026 Budget Direct Triumphs as Australia's Top Insurer in 2026
09 Feb 2026: Paige Estritori

In a remarkable achievement, Budget Direct has been honoured as the inaugural 'Insurer of the Year' at the 2026 Finder Provider of the Year Awards. This prestigious recognition underscores the company's unwavering commitment to delivering exceptional value and service to Australian policyholders. - read more
Australian Insurers Face Challenges in Cyber Risk Readiness Australian Insurers Face Challenges in Cyber Risk Readiness
09 Feb 2026: Paige Estritori

Recent findings from the PwC Insurance Banana Skins Survey have raised concerns about the preparedness of Australian insurers in managing emerging risks, particularly in the realms of cyber security and artificial intelligence (AI). The survey indicates that Australian insurers scored 6.6% lower on the Preparedness Index compared to their global counterparts, highlighting a significant gap in readiness. - read more
Significant Decline in Australian Commercial Insurance Rates Significant Decline in Australian Commercial Insurance Rates
09 Feb 2026: Paige Estritori

In a notable development for the Australian insurance market, commercial insurance rates experienced a substantial decline of 12% in the fourth quarter of 2025. This decrease, as reported by Marsh's Global Insurance Market Index, represents the most significant drop among the eight regions monitored and marks the steepest reduction since the Pacific rates began to decrease in early 2024. - read more
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Trades Insurance Articles

Why Tradies Need Tailored Insurance Coverage: A Comprehensive Guide
Why Tradies Need Tailored Insurance Coverage: A Comprehensive Guide
In Australia, a 'tradie' is a commonly used term for someone working in the trades, such as plumbers, electricians, builders, or carpenters. Tradies play a vital role in maintaining and improving our homes, businesses, and infrastructure. - read more
Why Comprehensive Insurance is Crucial for Your Trade Business
Why Comprehensive Insurance is Crucial for Your Trade Business
Comprehensive insurance is a type of coverage that protects your trade business from various risks and unforeseen events. It typically includes an array of policies that cover different aspects of your business operations. - read more
Top 5 Reasons Tradespeople Need Tools and Equipment Insurance
Top 5 Reasons Tradespeople Need Tools and Equipment Insurance
For tradespeople, tools and equipment are the backbone of their daily operations. From basic hand tools to advanced machinery, having the right gear is crucial for delivering quality work and maintaining efficiency. - read more
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Knowledgebase
Claim Adjuster:
An insurance professional who investigates and evaluates insurance claims to determine the amount the insurance company should pay.