In this episode of the Daily Financial Services News Wrap by Financial Services Online, Paige Estritori discusses the surge of mental health conditions as the top cause for total and permanent disability claims in Australia, pressuring insurers to redesign their policies. Marina operators in northern Australia face a crisis linked to skyrocketing insurance premiums, threatening the marine and tourism sectors. The podcast also highlights leadership changes at Coast Insurance and touches on the costly aftermath of supercell thunderstorms for Suncorp. The episode wraps up emphasizing the considerable transformation taking place in Australia's insurance landscape, calling on listeners to stay informed and adapt. For more detailed insights, visit financialservicesonline.com.au.
