Recently I was at a conference and at the final dinner was sitting next to a young lady who relayed an event in her life where she paid a huge price for thinking she could save some money by not insuring her car while she was enjoying a overseas holiday. Her logic was the car would be parked off the street in her family’s driveway […]
SEE WHAT’S NEW IN POLICYCOMPARISON
AUGUST 2026 – PCI PolicyComparison Report The PolicyComparison team has remained focused on maintaining accurate up to date policies. The following below provides an overview of their progress and achievements throughout the month. 366 Policies Received (49 for Policy library)230 Policy / Section Changes6 New Wordings/Sections to LMI Policy Comparison NEW INSURER / POLICY WORDINGS/SECTIONS POLICY COMPARISON TEAM HAVE FOUND THE FOLLOWING RECENT CHANGES: Comments Summary of Changes vary per […]
SEE WHAT’S NEW IN POLICYCOMPARISON
JULY 2026 – PCI PolicyComparison Report The PolicyComparison team has remained focused on maintaining accurate up to date policies. The following below provides an overview of their progress and achievements throughout the month. 183 Policies Received (32 for Policy library)137 Policy / Section Changes5 New Wordings/Sections to LMI Policy Comparison NEW INSURER / POLICY WORDINGS/SECTIONS POLICY COMPARISON TEAM HAVE FOUND THE FOLLOWING RECENT CHANGES: Comments TEMPLATE CHANGES Commercial Pack – […]
SEE WHAT’S NEW IN POLICYCOMPARISON
JUNE 2026 – PCI PolicyComparison Report The PolicyComparison team has remained focused on maintaining accurate up to date policies. The following below provides an overview of their progress and achievements throughout the month. 270 Policies Received (25 for Policy library)216 Policy / Section Changes23 New Wordings/Sections to LMI Policy Comparison NEW INSURER / POLICY WORDINGS/SECTIONS POLICY COMPARISON TEAM HAVE FOUND THE FOLLOWING RECENT CHANGES: Comments TEMPLATE CHANGES Commercial Pack – […]
LMI is hiring
As LMI continues to grow in claims work. Despite several new hires LMI Group, LMI Forensics and Aequum Adjusters are looking to hire loss adjusters, and or claims preparers in Melbourne, Brisbane and Perth. The positions range from trainee, to highly experienced. If you are interested or know of someone who may be, please send in a CV on my email address: customerrelations@LMIGroup.com. All enquiries […]
Journal Article Examines Impact of Residential Fire Sprinklers on E-Scooter Fires Caused by Thermal Runaway of Lithium-Ion Batteries
Due to the number of fatal and or serious fires involving e-scooters, we at LMI have been doing a lot of research around the risk posed by lithium batteries with the aim of producing a comprehensive course to help the industry and the public understand this risk. On a personal note, other than phones and tablets, I do not allow any charging of lithium batteries […]
Vale Max Salveson
It is with a very heavy heart that I write to advise that Max Salveson passed away yesterday after a long battle with cancer. Max started his career in 1950 with the Union of Canton in Adelaide. He rose to the position of AGM Underwriting with GRE Insurance from 1980 to 1988. The GRE, now Zurich, having acquired the Union of Canton. Max joined the […]
Live safely in public places, do not be a follower take the lead – lessons from the Switzerland fire.
The underlying message of this important post is to never assume you are safe in crowded places, Always, know, in advance, at least one alternative emergency exit door and / or pathway to safety and take/lead others. The horrific fire in Switzerland at the “Le Constellation” nightclub where 41 young people lost their lives, some while filming the fire and the equally tragic shootings in […]
Do not get caught with no cover for standard items under and ISR
It is becoming more common that it ought that a schedule shows that there is no coverage for items which have traditionally been insured under an Industrial Special Risks (“ISR“) policy. Below is an extreme example. While this has 13 items shown as “Not Insured” it may only be one or two, but these may well come into play at the time of a claim. […]
Councils mapping flood and Erosion
In Victoria and perhaps elsewhere councils are working on updating their maps in respect of flood and in some cases erosion. This I feel is a good thing as it allows home and business owners, property developers, tenants and other stakeholders including insurers to check the risk from these perils before they commit to purchase or lease. In the case of the Yarra Ranges Council, […]