Finance

Like most startups, Lemonade has been forced to place fewer, bigger bets than their deep pocketed, long established rivals.

The small business ombudsman is backing the federal government’s new $10 billion reinsurance scheme for businesses in northern Australia.

A consultation has been announced by the NSW government to consider how workers’ compensation and CTP schemes serve food delivery riders.

ASIC is urging small businesses to lodge insurance claims to try to recover losses resulting from pandemic restrictions.

Small businesses along the country’s east coast are facing significant revenue losses amid persistent flooding that is expected to stretch well into next week. 

The experience of insurance exacerbates a ‘resilience gap’ between people who have the time, money and capacity to manage the claims process, and those with existing disadvantage who simply do not.

TAL Life, one of Australia’s biggest life insurers, breached its duty to act with “utmost good faith”, prompting the Federal Court to put insurance companies on notice for retrospective underwriting.

ICP is calling on SMEs to register interest in potential collective action against insurers that have rejected COVID-19-related claims.

Small businesses are facing serious trouble accessing affordable insurance, with a damning report released today by the Small Business Ombudsman.

Insurance at a fair premium is never more valuable to society than during times of unprecedented crisis. But, is the model destined to fail?