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Insurance News

Marsh to Oversee Royal Australian Navy's Maritime Insurance Program Marsh to Oversee Royal Australian Navy's Maritime Insurance Program
07 Oct 2025: Paige Estritori

In a significant development for Australia's defence sector, global insurance broker Marsh has been appointed to manage the insurance and risk advisory components of the Royal Australian Navy's Maritime Insurance Program (MIP). This program is integral to the Navy's extensive fleet expansion and infrastructure development initiatives. - read more
GT Insurance Provides Flexible Solutions Amid Global Trade Shifts GT Insurance Provides Flexible Solutions Amid Global Trade Shifts
07 Oct 2025: Paige Estritori

As global trade dynamics undergo significant shifts, GT Insurance is reaffirming its commitment to supporting marine clients navigating these challenges. The recent imposition of US tariffs—25% on Australian steel and aluminium, and 10% on other exported goods—has introduced new uncertainties for local exporters, particularly in sectors like beef and bulk freight. These tariffs, effective from April 5, 2025, have prompted concerns about declining export volumes and reduced freight margins. - read more
Northern Australian Marinas Struggle with Rising Insurance Costs Northern Australian Marinas Struggle with Rising Insurance Costs
07 Oct 2025: Paige Estritori

Marina operators in Northern Australia are confronting a significant crisis as insurance premiums escalate dramatically, with some experiencing increases exceeding 300% over recent years. This surge in costs is placing immense financial strain on the industry, prompting urgent calls for government intervention. - read more
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Boat Insurance Articles

Common Boating Blunders: Expert Advice on How to Steer Clear
Common Boating Blunders: Expert Advice on How to Steer Clear
Boating is a pastime enjoyed by millions around the globe, offering a unique blend of adventure, relaxation, and connection with nature. However, navigating the waters comes with its share of risks. Understanding the importance of safety on the waters cannot be overstated – it's not just about adhering to rules; it’s a pivotal aspect of responsible boat ownership and operation. - read more
Protecting Your Investment: The Importance of Boat Insurance in Australia
Protecting Your Investment: The Importance of Boat Insurance in Australia
Have you ever imagined cruising the beautiful waters of Australia, feeling the wind in your hair and the sun on your face? While owning a boat offers immense joy and freedom, it also comes with responsibilities, one of which is ensuring your vessel is properly insured. - read more
Boating with Kids: How to Ensure a Safe and Fun Experience
Boating with Kids: How to Ensure a Safe and Fun Experience
Setting sail with your little ones can provide an unforgettable adventure and an opportunity to create lasting memories. In this section, we're going to highlight the joys of boating as a wholesome activity for the entire family. From the gentle rocking of the waves to the excitement of discovering new shores, boating offers a unique experience that can be educational and relaxing for both adults and children. - read more
Understanding Boat Insurance: Maintenance Tips for New Owners
Understanding Boat Insurance: Maintenance Tips for New Owners
Welcome to our blog on understanding boat insurance, specifically tailored for new boat owners. Owning a boat is an exciting adventure filled with the promise of memorable experiences on the water. - read more
Discover the Safe Harbor: Expert Advice for Choosing the Right Boat Insurance Policy
Discover the Safe Harbor: Expert Advice for Choosing the Right Boat Insurance Policy
Navigating through the tranquil blue waters of Australia can be the highlight of any skipper's day, but the true peace of mind comes from knowing your vessel is protected. Boat insurance isn't just another tick on your checklist; it's an essential safeguard for your maritime lifestyle. In this article, we delve into why choosing the right boat insurance policy is not a luxury, but a necessity for boaters across Australia. - read more


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Coinsurance:
A percentage of the cost of a covered healthcare service that you pay after you have paid your deductible.