Financial Institutions + Services - Page 2 of 6

Articles

D&O exposures to climate change risk – a Legalign Global white paper

In the wake of COP26 and the latest Intergovernmental Panel on Climate Change’s report, climate change risks continue to make headlines around the world. An increasingly concerning issue is the rise of D&O liability exposures related to climate change. In this white paper, Legalign Global member firms, including Wotton Kearney authors Charu Stevenson, Michael Cavanaugh […]

By : Anja Vogel Dec 3, 2021 Comments Off

Articles

The Financial Markets Authority speaks!

Conduct and Culture Two – this time its Fire and General The Financial Markets Authority has released its Insurance Conduct and Culture: Fire and General Insurers Update. The report is a key indicator of the regulator’s views of the industry in the context of the suite of regulation that is coming into full force in […]

By : Anja Vogel Sep 21, 2021 Comments Off

Articles

Draft amendments to the UCT legislation

The expected changes to the UCT legislation are nearly upon us and have now been released in draft form. The purpose of the draft release is to provide a snapshot of the changes if the bill is passed and provide interested parties the opportunity to consult with the Treasury on the same. Given the bill […]

By : Anja Vogel Sep 8, 2021 Comments Off

Articles

High Court clarifies it’s all about the employment contract

On 4 August 2021, the High Court handed down its decision in WorkPac v Rossato and unanimously and emphatically overturned the decision of the Full Federal Court. In combination with recent changes to the Fair Work Act 2009 (Cth), the High Court’s decision in WorkPac provides important guidance for employers and their EPL insurers on […]

By : Anja Vogel Aug 5, 2021 Comments Off

Articles

NSW Court of Appeal offers further guidance on when notified facts give rise to a claim

With the recent Kauter Investments decision, the NSW Court of Appeal has provided further guidance on prior notified facts that might give rise to a claim. In this article, W+K’s Charu Stevenson and Yen Tan examine the implications of this decision for insurers and provide a comparative table of previous authorities as a comprehensive guide […]

By : Anja Vogel Jul 12, 2021 Comments Off

Articles, Case Alerts, Thought Leadership

Climate change is heating up boardroom risks

Regulators in Australia and around the world are treating climate change as a major systemic financial risk. Given the high levels of regulator scrutiny, investor activity and public interest, it is only a matter of time before significant claims (potentially including securities class actions) are brought against directors and officers who fail to properly consider […]

By : Anja Vogel May 31, 2021 Comments Off

Articles, Video

Emerging Talent Series 2020/2021

The insurance sector attracts and retains young professionals who are hungry for relevant, regular learning and education opportunities. To help further their careers, W+K has put together a multi-part Emerging Talent Series addressing both Property & Energy and General Liability claims issues.

By : Anja Vogel May 24, 2021 Comments Off

Articles, Thought Leadership

NZ Insurance Market Trends Update

Welcome to Wotton Kearney’s NZ Insurance Market Trends Update, our biannual snapshot of legal trends and developments impacting claims managers, underwriters, brokers and corporates operating in the New Zealand market. In this edition, we look at the impact of recent matters in the areas of D&O claims, representative actions and EPL. We provide updates on […]

By : Anja Vogel Feb 23, 2021 Comments Off

Articles

Aged care reform heralds heightened risk for insurers

The Royal Commission into Aged Care Quality and Safety is due to publish its final report on 26 February 2021. Its work, combined with the devastating impact of COVID-19, make it clear that significant change is on the way for the aged care sector. In this article, Chris Spain along with Cain Jackson and Charles […]

By : Anja Vogel Feb 22, 2021 Comments Off

Articles

2021 Insurance Predictions Report

Wotton Kearney is pleased to provide our 2021 Insurance Predictions Report, looking at the major trends and issues we expect will remain in the spotlight for the insurance industry in our region this year. It’s no surprise that this report addresses some of the horizon issues that we expect to face in the wake of […]

By : Anja Vogel Feb 16, 2021 Comments Off

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