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  • Marinex Underwriting Sets Sail in Australian Marine Insurance Market

    In a significant development for Australia's marine insurance sector, Rhodian Group has announced the launch of Marinex Underwriting, a new agency dedicated to providing specialised marine insurance products tailored to the Australian market.

  • Club Marine Marks 65 Years of Leadership in Australian Boating Insurance

    Club Marine, Australia's largest recreational boat insurer, is celebrating its 65th anniversary in 2024. Since its founding in 1959 as Marine Hull & Liability, the company has grown from a small operation in Victoria to a nationwide provider of insurance services for the country's boating community.

  • Northern Australian Marinas Struggle with Rising Insurance Costs

    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.

  • Markel Insurance Expands into Australian Marine Market with New Leadership

    Markel Insurance has announced the appointment of Tim Wills as Head of Marine for Australia, marking a significant expansion into the country's marine insurance sector. Based in Sydney, Wills will spearhead the introduction of Markel's marine products, starting with marine cargo insurance.

  • Pelagic Risk Services Strengthens Marina Support with Gold Sponsorship

    Pelagic Risk Services, a specialist marine insurance broker, has elevated its commitment to the marina industry by upgrading from Silver to Gold Sponsorship with the Marina Industries Association (MIA).

  • Marinex Underwriting Enters Australian Market with Specialised Marine Insurance Solutions

    Rhodian Group has announced the launch of Marinex Underwriting, a new agency dedicated to providing specialised marine insurance products tailored to the Australian market. This initiative marks Rhodian's third agency launch, following the establishment of Halo Underwriting and Batch Underwriting in previous years.

  • GT Insurance Provides Flexible Solutions Amid Global Trade Shifts

    As global trade dynamics undergo significant shifts, GT Insurance is reaffirming its commitment to supporting marine clients navigating these challenges.

  • Northern Australian Marinas Struggle with Rising Insurance Costs

    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.

  • Club Marine Revamps Commercial Boat Insurance Policies

    Club Marine, Australia's leading provider of recreational boat insurance, has announced significant enhancements to its commercial boat insurance offerings. This strategic move aims to better align commercial policies with the company's recreational insurance products, providing comprehensive coverage for vessels used in both business operations and occasional leisure activities.

  • Marinex Underwriting Enters Australian Marine Insurance Sector

    Rhodian Group, a prominent incubator of underwriting agencies in Australia, has announced the launch of its latest venture, Marinex Underwriting. This new agency is set to provide specialized marine insurance products tailored to the unique needs of the Australian market.

  • Marsh Secures Role in Royal Australian Navy's Maritime Insurance Program

    Marsh, a leading global insurance broker and risk advisor, has been appointed by the Australian Government to oversee 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.

  • Club Marine Marks 65 Years of Leadership in Australian Boating Insurance

    Club Marine, Australia's largest recreational boat insurer, is celebrating its 65th anniversary in 2024. Since its founding in 1959 as Marine Hull & Liability, the company has grown from a small operation in Victoria to a nationwide provider of insurance services for the country's boating community.

  • Pelagic Risk Services Strengthens Commitment to Marinas with Gold Sponsorship

    In a significant move to bolster support for the marina industry, Pelagic Risk Services has elevated its sponsorship status from Silver to Gold with the Marina Industries Association (MIA). This advancement underscores Pelagic's dedication to enhancing the operational capabilities and risk management strategies of marina operators across Australia.

  • Marinex Underwriting Sets Sail in Australian Marine Insurance Market

    Rhodian Group has announced the launch of Marinex Underwriting, a new agency dedicated to providing specialized marine insurance products tailored to the Australian market. This initiative marks Rhodian's third agency launch, following the establishment of Halo Underwriting and Batch Underwriting in previous years.

  • Marinex Underwriting Sets Sail in Australian Marine Insurance Market

    In a significant development for Australia's marine insurance sector, Rhodian Group has announced the launch of Marinex Underwriting, a specialised agency dedicated to addressing the complex insurance needs of the marine industry.

  • Markel Insurance Strengthens Australian Presence with New Marine Leadership

    Markel Insurance has announced the appointment of Tim Wills as Head of Marine for Australia, signalling the company's strategic expansion into the Australian marine insurance market. Based in Sydney, Wills will spearhead the launch of Markel's marine products in the region, beginning with marine cargo insurance.

  • GT Insurance Provides Flexible Solutions Amid Global Trade Shifts

    As global trade dynamics undergo significant shifts, GT Insurance is reaffirming its commitment to supporting marine clients navigating these challenges.

  • Northern Australian Marinas Appeal for Government Support Amid Escalating Insurance Costs

    Marina operators across Northern Australia are sounding the alarm over surging insurance premiums, with some reporting increases exceeding 300% in recent years. This financial strain is prompting urgent calls for government intervention to ensure the sustainability of the industry.

  • Coast Insurance Announces New Co-CEOs to Propel Strategic Growth

    In a significant move within the Australian insurance sector, Coast Insurance has appointed Stephanie Muller and Jordan Brindley as Co-Chief Executive Officers. This strategic decision underscores the company's commitment to robust leadership and sustained growth.

  • Suncorp Braces for $350 Million Reinsurance Impact Following Severe Storms

    Recent supercell thunderstorms have wreaked havoc across South East Queensland and northern New South Wales, leading to significant financial implications for insurers. Suncorp, a major player in the Australian insurance market, is preparing for a substantial reinsurance retention of $350 million as a result of these events.

  • Marsh and Tokio Marine Kiln Introduce Port Disruption Insurance Amid Global Shipping Challenges

    In response to escalating global shipping challenges, leading broker Marsh and Lloyd's underwriter Tokio Marine Kiln have launched a pioneering business interruption insurance specifically designed for ports. This innovative product aims to mitigate the financial impact of trade disruptions caused by various factors, including geopolitical tensions and operational strikes.

  • New Port Disruption Insurance Addresses Rising Global Shipping Challenges

    In response to escalating global shipping challenges, leading broker Marsh and Lloyd's underwriter Tokio Marine Kiln have launched a pioneering business interruption insurance specifically designed for ports. This innovative product aims to mitigate the financial impact of trade disruptions caused by various factors, including geopolitical tensions and operational strikes.

  • Marine Insurers Encouraged to Adopt AI to Mitigate Rising Industry Risks

    The International Union of Marine Insurance (IUMI) annual conference in Singapore has brought to light the critical role of artificial intelligence (AI) in transforming the marine insurance sector. Industry leaders emphasized the necessity for insurers to adopt AI technologies to effectively manage escalating risks and maintain a competitive edge.

  • Maritime Mutual Under Investigation for Insuring Sanctioned Oil Shipments

    Recent investigations have revealed that Maritime Mutual, a New Zealand-based insurance company, has been providing coverage to tankers involved in transporting sanctioned Iranian and Russian oil. This development has sparked significant regulatory scrutiny and raised questions about compliance within the marine insurance industry.

  • Marinex Underwriting: A New Era in Australian Marine Insurance

    In a significant development for Australia's marine insurance sector, Rhodian Group has unveiled its latest venture, Marinex Underwriting. This new agency is set to provide specialised marine insurance products tailored to the unique needs of the Australian market.

  • Network Marine Insurance Strengthens Ties with Marina Industries Association

    Network Marine Insurance has recently elevated its commitment to Australia's marina industry by becoming a Bronze Sponsor of the Marina Industries Association (MIA). This partnership underscores the company's dedication to supporting the growth and sustainability of marinas across the nation.

  • Markel Insurance Strengthens Australian Presence with New Marine Leadership

    Markel Insurance has announced the appointment of Tim Wills as Head of Marine for Australia, signaling the company's strategic expansion into the Australian marine insurance market. Based in Sydney, Wills will spearhead the launch of Markel's marine products in the region, beginning with marine cargo insurance.

  • Marsh to Oversee Royal Australian Navy's Maritime Insurance Program

    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.

  • GT Insurance Provides Flexible Solutions Amid Global Trade Shifts

    As global trade dynamics undergo significant shifts, GT Insurance is reaffirming its commitment to supporting marine clients navigating these challenges.

  • Northern Australian Marinas Struggle with Rising Insurance Costs

    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.

  • ASIC Initiates Legal Proceedings Against RACQ Insurance for Alleged Misleading Premium Notices

    The Australian Securities and Investments Commission (ASIC) has commenced Federal Court proceedings against RACQ Insurance, a subsidiary of Insurance Australia Group (IAG), alleging that the insurer misled over 570,000 customers through deceptive premium comparison figures in renewal notices issued between September 2019 and December 2024.

  • Marinex Underwriting: A New Player in Australia's Marine Insurance Landscape

    In a significant development for Australia's marine insurance sector, Rhodian Group has announced the launch of Marinex Underwriting, a specialized agency dedicated to addressing the complex insurance needs of the marine industry.

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Boat Insurance Articles

The Ultimate Guide to Reducing Boat Insurance Costs for Australians
The Ultimate Guide to Reducing Boat Insurance Costs for Australians
For Australians who own a boat, having the right insurance coverage is crucial. Owning a boat is not just a leisure activity but also a significant investment, demanding protection against unforeseen incidents. An appropriate insurance policy helps safeguard your valuable asset, providing peace of mind while you're enjoying the open waters. - read more
How Proper Boat Maintenance Can Lower Your Insurance Costs
How Proper Boat Maintenance Can Lower Your Insurance Costs
Owning a boat is a cherished luxury for many Australians, offering endless adventures on the open water. But with this privilege comes the responsibility of proper boat maintenance. Regular upkeep isn't just about preserving the longevity and performance of your vessel; it's a crucial aspect that directly impacts your insurance premiums. - read more
Insurance 101: Understanding Key Terminology for Recreational Boat Owners
Insurance 101: Understanding Key Terminology for Recreational Boat Owners
Boat ownership is a popular recreational activity in Australia, but it’s also important for boat owners to understand the potential risks involved. That's where boat insurance comes in. It's a form of financial protection that helps to cover the costs of any damages, accidental losses, or other unexpected events while using your boat. - read more
The Importance of a Specialist Insurance Broker for Your Boat Insurance Needs
The Importance of a Specialist Insurance Broker for Your Boat Insurance Needs
When it comes to insuring your beloved boat, an insurance broker can be a valuable asset in finding the right coverage for your unique needs. Specifically, a specialist boat insurance broker can offer expert knowledge and tailored policies that traditional insurance agents may not be able to provide. - read more
The Must-Have Safety Equipment for Australian Boaters
The Must-Have Safety Equipment for Australian Boaters
Boating is a beloved pastime in Australia, offering endless opportunities to explore the stunning coastline and sparkling waterways. However, enjoying your time on the water safely is paramount. Proper safety measures are essential to ensure that every boating activity is as enjoyable as it is secure. - read more

Insurance News

Marinex Underwriting Sets Sail in Australian Marine Insurance Market
Marinex Underwriting Sets Sail in Australian Marine Insurance Market
27 Jan 2026: Paige Estritori
In a significant development for Australia's marine insurance sector, Rhodian Group has announced the launch of Marinex Underwriting, a new agency dedicated to providing specialised marine insurance products tailored to the Australian market. This initiative marks Rhodian's third agency launch, following the establishment of Halo Underwriting and Batch Underwriting in previous years. - read more
Club Marine Marks 65 Years of Leadership in Australian Boating Insurance
Club Marine Marks 65 Years of Leadership in Australian Boating Insurance
27 Jan 2026: Paige Estritori
Club Marine, Australia's largest recreational boat insurer, is celebrating its 65th anniversary in 2024. Since its founding in 1959 as Marine Hull & Liability, the company has grown from a small operation in Victoria to a nationwide provider of insurance services for the country's boating community. - read more
Northern Australian Marinas Struggle with Rising Insurance Costs
Northern Australian Marinas Struggle with Rising Insurance Costs
27 Jan 2026: 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
Markel Insurance Expands into Australian Marine Market with New Leadership
Markel Insurance Expands into Australian Marine Market with New Leadership
19 Jan 2026: Paige Estritori
Markel Insurance has announced the appointment of Tim Wills as Head of Marine for Australia, marking a significant expansion into the country's marine insurance sector. Based in Sydney, Wills will spearhead the introduction of Markel's marine products, starting with marine cargo insurance. - read more
Pelagic Risk Services Strengthens Marina Support with Gold Sponsorship
Pelagic Risk Services Strengthens Marina Support with Gold Sponsorship
19 Jan 2026: Paige Estritori
Pelagic Risk Services, a specialist marine insurance broker, has elevated its commitment to the marina industry by upgrading from Silver to Gold Sponsorship with the Marina Industries Association (MIA). This move underscores Pelagic's dedication to supporting marinas across Australia through enhanced financial contributions and the provision of exclusive risk management resources. - read more

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Knowledgebase
Depreciation:
The reduction in the value of an asset over time, used in insurance to calculate the actual cash value of property.