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Insurance broker:
An agent acting on behalf of the insured (not the insurance company) who negotiates the terms and cover provided by the insurer in the insurance policy.

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Insurance News

If insurance was free, would there still be an underinsurance problem?
Nov 20 :: Even if price wasn’t a factor, AMP’s Chris Kirby argues that Australia would still have an under-insurance problem. This is why it is the industry’s... read more

Regulatory compulsion propels commercial insurance
Oct 26 :: Australia is the second largest advanced market in Asia for commercial insurance, not least because of regulatory requirements around issues of professional... read more

Premium rates for life cover sold by advisers in decline
Oct 26 :: Premium rates for life cover products sold by financial advisers fell by an average of 10 per cent across 11 leading insurance providers between December... read more

Life insurers pay out $4 billion in 2011
Jul 01 :: The 10 biggest life insurers paid out just under $4 billion in claims in 2011 - up 11.4 per cent from 2010, according to research conducted by The... read more

Direct life insurance up but credit insurance flat
Jun 01 :: Overall direct life insurance sales have grown 11.3 per cent in 2011 and in-force annual premiums are up 10.9 per cent despite flat growth in credit-related... read more

NSW Insurance broker suspended
May 22 :: A Menai-based insurance broking firm has had its licence suspended for seven months following surveillance conducted by the Australian Securities... read more

Insurance Articles

5 Tips to Insure Your Trip
Before you go on a holiday it is necessary that you buy a travel insurance to make your great holiday experience safe. You need to be sure you have... read more

Understanding the Need for Public Liability Insurance for Businesses
Public liability insurance covers the claims made against the business by the public or any third party, who suffers a loss or injury at the business... read more

The Weird and Wonderful World of Insurance
We came across this amusing (but true) insurance story with an interesting twist. Only in America! read more

A Healthy Tax Time Tip form the Money Tips Team
Changes to the Private Health Insurance Rebate are coming on 1 July, 2012, so if you’ve been putting off “doing something” about... read more

Reducing Your Insurance Rates Dramatically -- 4 Time-Tested Tips For Any Policy
There are many different ways you can save in different insurance policies. However, some things that will help you save in one policy will have no... read more

Why life insurance is a necessity in tough times

With household budgets being squeezed, and consumer confidence weak, many families are wondering whether life insurance is something they... read more

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