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  • 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.

::Informative Articles
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Boat Insurance Articles

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
Understanding the Fine Print: A Beginner's Guide to Boat Insurance in Australia
Understanding the Fine Print: A Beginner's Guide to Boat Insurance in Australia
Welcome to the nautical world of boat insurance – a crucial safeguard for any Australian skippering their own vessel. Whether you're a seasoned sailor or just beginning to dip your toes in the water, understanding the intricacies of boat insurance is essential in ensuring your maritime escapades are smooth sailing. - read more
Understanding Boat Maintenance Schedules: A Seasonal Guide
Understanding Boat Maintenance Schedules: A Seasonal Guide
Owning a boat comes with a wave of responsibilities, notably in the realm of maintenance. Regular maintenance plays a crucial role in ensuring the longevity and performance of your boat, much like adhering to a trusty roadmap for a long journey. Without it, not only may you encounter unwanted breakdowns, but the overall lifespan of your vessel could be significantly shortened. - read more
Top 10 Eco-Friendly Tips for Responsible Boating in Australia
Top 10 Eco-Friendly Tips for Responsible Boating in Australia
As boating enthusiasts, it's crucial to recognize the significant impact we have on our environment. Australia's beautiful waterways and marine life depend on our commitment to eco-friendly practices. - read more
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

Insurance News

GT Insurance Provides Flexible Solutions Amid Global Trade Shifts
GT Insurance Provides Flexible Solutions Amid Global Trade Shifts
11 Jan 2026: 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
11 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
Club Marine Revamps Commercial Boat Insurance Policies
Club Marine Revamps Commercial Boat Insurance Policies
03 Jan 2026: Paige Estritori
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. - read more
Marinex Underwriting Enters Australian Marine Insurance Sector
Marinex Underwriting Enters Australian Marine Insurance Sector
03 Jan 2026: Paige Estritori
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. - read more
Marsh Secures Role in Royal Australian Navy's Maritime Insurance Program
Marsh Secures Role in Royal Australian Navy's Maritime Insurance Program
03 Jan 2026: Paige Estritori
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. - read more

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Knowledgebase
Endorsement:
An amendment or addition to an existing insurance policy that changes the terms or scope of the original policy.