Pet Insurance: Market and product overview.

Pet insurance has a history dating back to 1890 when the first policy was issued in Sweden focusing on horses and livestock. By 1924, Sweden expanded coverage to include dogs and the concept crossed borders, reaching the United Kingdom in 1947 with the issuance of its first pet insurance policy.
Cancel For Any Reason (CFAR)

CFAR was introduced into the Australian market in 2018 by Zurich owned Cover-More with the benefit being a reimbursement of up to 75% of non-refundable expenses, up to a total of $10,000.
Travel Insurance Pricing: More complex than it looks

Travel insurance is complex, with many different underlying covers. As a result, pricing is subject to a variety of risk drivers.
Every travel policy is unique, driven by differing risk factors specific to the individual travellers and the nature of their trips.
What is Overseas Visitors Health Cover (OVCH)?

Australia receives many thousands of immigrants each year who seek education and working opportunities and therefore often stay in the country for several years.
Financial Accountability Regime (FAR) has commenced

March was a busy month with the release of regulator rules, transitional rules and the release of a consultation package for RSE licensees and insurers.
Operational Resilience – A bigger game and a broader perspective

In July 2023 APRA published its new Operational Risk Management Prudential Standard, CPS230, which comes into force on 1 July 2025. To date, there is no accompanying explanatory CPG230.
Financial Accountability Regime is now law – A guide for financial institutions

The Financial Accountability Regime has become law. Don’t miss Madeleine’s guide, designed to explain the regime’s implications, and ensure seamless compliance for financial institutions.
What is Overseas Student Health Cover (OSHC)?

Australia has a robust healthcare system, and the Federal Government provides a universal health insurance scheme for all citizens and permanent residents.