News: Insurance
Inability to secure insurance forces closure of Barra Fun Park in Townsville
The Barra Fun Park in Townsville has closed its doors after 20 years of operation after failing to find an insurer prepared to renew its public liability insurance. The popular attraction…
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Rise in insurance premiums impacts Indigenous rangers’ bushfire prevention work in Western Australia’s Kimberley
Australia’s insurance crisis is set to impact bushfire suppression work undertaken by Indigenous ranger groups in Western Australia’s Kimberley region. The Kimberley Land…
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Report asks if Australian tourism industry can be insured?
Ongoing issues with business insurance, particularly in the activity, attractions and tourism sectors, have led an insurance industry publication to ask ‘Can the Australian tourism…
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QTIC to survey operators on insurance crisis
With sourcing insurance cover a significant current challenge in the economic recovery of tourism businesses in Queensland and across Australia, the Queensland Tourism Industry Council…
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Sportscover partners with Sport Climbing Australia to offer insurance for climbers
Sport Climbing Australia has commenced 2021 by securing an official partnership with Sportscover to provide indoor and outdoor climbing insurance to recreational and competitive climbers.…
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Insurer Allianz begins eight-year worldwide Olympic and Paralympic partnership
Global insurer Allianz has commenced an eight-year worldwide partnership with the International Olympic Committee and International Paralympic Committee, Building on a collaboration with…
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AALARA releases ‘urgent request for the survival of our industry’
With industry operators impacted by insurance companies reducing or removing coverage, the Australian Amusement, Leisure and Recreation Association (AALARA) has issued a dramatic…
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Ombudsman’s report calls for action in addressing ‘national crisis’ in insurance coverage
The newly released Small Business Ombudsman’s Insurance Inquiry Report has called for urgent action to address what it describes as widespread market failure over the availability…
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