NIBA and the Insurance Council of Australia have worked together to develop an approved, industry-wide consent form. The approved form was developed with significant consultation from brokers, insurers and independent legal advisers.
Oren notes that the CrowdStrike outage was a “wake-up” call in terms of system failure risk, and underlined the importance of cyber insurance once again.
AFCA Chief Ombudsman David Locke will unpack the latest trends, challenges and future outlook of financial complaints handling at the 2024 NIBA Convention.