Informed Insurance: Legalign Global Thought Leadership Report 2019/20

We are pleased to share our latest Legalign Global thought leadership report, Informed Insurance: Thought Leadership 2019/20 which is released in our region today. This publication includes insight and commentary from all Legalign Global partner firms, including Wotton Kearney, to provide a truly global perspective on emerging market issues and insurance risk management. A recent global […]

Insurers face a double blow from cyber fines and claims in Australia

With anticipated new data protection laws and significant investigations underway, Australia appears set to create a data protection regime with high penalties and serious potential for third party claims. Increased enforcement, penalties and third party claims will create a rapid increase in exposure for insurers – and may put the question of whether cyber fines […]

The 7 Principles to Building a Better Refugee Policy

On World Refugee Day we reflect back on the event we hosted on Thursday 13th June with The Kaldor Centre on “Building a Better Refugee Policy”.  David Gonski AC and Prof Jane McAdam introduced the Kaldor Centre Principles & Priorities for Australian Refugee Policy at a sold-out event. The 7 Principles provide a stable foundation […]

Parametrics: the next big thing?

Parametric insurance is becoming increasingly common as it give insurers a way to resolve risk-transfer concerns. The success of these products depends on the accuracy and objective nature of the parameters set and a deep understanding of the potential exposures. Nick Lux, Aisha Lala and Ben Hine consider the rising popularity of this product in […]

NDIS: the most significant social reform since Medicare

As the rollout of the NDIS nears completion, insurers and defendants need to understand their obligations regarding Preliminary Notices and Recovery Notices as non-compliance is a criminal offence. Wotton Kearney’s Hope Saloustros and Laura Jean consider these implications of the NDIS for insurers – as well as the reporting obligations and the NDIA’s broad powers […]