Last night was the 10th Mansfield Awards for Claims Excellence held at the Establishment Ballroom in Sydney. The not for profit event in support of the Amal Mulia Orphanage for children with special needs was sponsored by Envest, Johns Lyng Group, Munich RE, Ignite Fire Investigations and LMI Group. The night was dedicated to two exceptional professionals that sadly left us this year, Tim Wedlock […]
Question on Co-Insurance after a total loss
I received the following question from a broker earlier this week. It is a question that I am asked from time to time so I thought I would share my answer with you. Hello Allan, Hope this message finds you well. A quick question if you don’t mind, please. Under an industry ISR Mark IV wording, would the co-insurance/average clause apply in the event of […]
Novemebr 2025 – PCI PolicyComparison Report
The PolicyComparison team have been busy this month, continuing to demonstrate their dedication to maintaining policy accuracy and alignment with the latest standards. Take a look at what’s new below! Quick overview NEW INSURER / POLICY WORDINGS POLICY COMPARISON TEAM HAVE FOUND THE FOLLOWING RECENT CHANGES Caravan/TrailerAlteration to Related Benefits – Youi Pty LtdAlteration to various Basis of Settlement – Youi Pty LtdAlteration to various Exclusions – Youi Pty […]
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, […]
OCTOBER 2025 – PCI PolicyComparison Report
The PolicyComparison team have been busy this month, continuing to demonstrate their dedication to maintaining policy accuracy and alignment with the latest standards. Take a look at what’s new below! Quick overview NEW INSURER / POLICY WORDINGS POLICY COMPARISON TEAM HAVE FOUND THE FOLLOWING RECENT CHANGES Caravan Commercial Motor Commercial Packs Contract Works Corporate Travel Crop Policies Cyber Directors and Officers, Professional Indemnity and Management Liability Engineering Home Insurance […]
Looking for a solution to the mould problem
We at LMI have been working with Endangered Heritage to reduce the cost of mould claims to the general insurance industry and equally important to reduce the risk of occupational health and safety issues that can and do arise. Endangered Heritage is currently running a survey on the subject. It only takes 2 minutes. It will not lead to any marketing campaign or you being […]
Update on Adass Synagogue Fire Bombing
Readers will recall the news footage of the attack on the Adass Synagogue in Melbourne. The facility provided much more than a place of worship to the local community and was in fact the heart of the local area. To maintain as many services as possible for the congregation, a short-term temporary marque was erected at a near-by school while a longer-term site was sourced. […]
icare and Steadfast Return as Sponsors for The Mansfield Awards!
We are ecstatic to announce that Steadfast and icare will be returning to sponsor the 2023 Mansfield Awards for the seventh year in a row! Both companies have been ongoing sponsors of The Mansfield Awards since its establishment. Steadfast Group Limited is the largest general insurance broker network and the largest group of insurance underwriting agencies in Australasia, with growing operations in Asia and Europe. […]
The outlook for bushfires in Australia for the 2022-2023 Summer
The following is a media release from the Australian and New Zealand National Council for fire and emergency services setting out their estimate of how this coming summer’s fire season will play out. As it is so important to the insurance industry and business and personal lines insureds, I share it with you in case you have not seen this important research. AFAC, the National […]
Beware the Storm Chasers
Following the recent storms and floods, there have been a number of firms advertising on the radio offering to assist insureds with their insurance claim. It is understandable that some insureds struggle with the claim process, particularly after they have seen their home or business badly effected. Sadly, there are some companies and individuals that take the opportunity to exploit people when they are vulnerable. […]