Weekend Update: A new underwriter, ASIC improvements and a new addition at a broker network

Weekend Update: A new underwriter, ASIC improvements and a new addition at a broker network

Weekend Update: A new underwriter, ASIC improvements and a new addition at a broker network Making news this week, a new underwriter has launched in the Australia market, ASIC has called on insurers to further improve their offerings and a broker network has added an industry veteran.

Qiducia Underwriting launched last week in the owner-builder market.

Part of Guild Insurance, Qiducia Underwriting will focus on providing brokers and ARs with efficient and effective owner-builder solutions as the market continues to grow.

ASIC has called on 23 home insurance brands, representing 12 insurers, to further improve their offerings to help consumers make better decisions and curb underinsurance.

The regulator praised insurers for changes made in October 2014 but stressed that more could still be done to improve consumer understanding and to help curb underinsurance.

Finally,AUB Group announced the addition of an Australian industry veteran to their business.

Jordan Hawke, formerly of Suncorp Life, will join the business as they look to further their whole-risk solutions offering for clients in Australia and New Zealand.