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March 2021 LA News

The hot topic surrounding the profession and that of the industry is in relation to the licensing requirements for Representatives, Authorised Representatives and other parties who are subject to dealing with insurance claims and other insurance services. AICLA has engaged DLA Piper Lawyers to assist in the delivery of guidelines [...]

2021-04-09T04:34:07+00:00April 9th, 2021|

November 2020 LA News

The Bill following the Hayne Royal Commission recommendations into misconduct in the financial services sector in Australia was introduced to Parliament on 12 November, with a variety of impacts set to be imposed upon the insurance industry in respect of claims handling and settlements. Although the accompanying Regulations are [...]

2020-12-01T00:51:58+00:00December 1st, 2020|

August 2020 LA News

The Hayne Royal Commission report into misconduct in the financial services sector in Australia had a profound impact, with widespread acknowledgement that significant industry reforms were required. Amongst the HRC recommendations was 4.8, that the Government remove the exemption for the handling and settlement of insurance claims from the definition [...]

2020-08-31T00:13:35+00:00August 31st, 2020|

June 2020 LA News

Covid-19 has been well contained in New Zealand, Australia and most Asian countries, however it continues to be a major health threat in a number of countries including India, Indonesia, European countries, USA and Brazil. The challenge for countries that have fared well to date, as they begin to [...]

2020-06-29T22:50:04+00:00June 29th, 2020|

May 2020 LA News

As we navigate through these never before encountered times and hope that we will never be here again, it is clear that New Zealand, Australia and Asian countries have, to date, more effectively contained the spread of Covid-19 than Europe, USA and South America. The medical crisis has paralysed [...]

2020-05-28T02:42:17+00:00May 28th, 2020|
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