½ñÈÕÈÈÃÅʼþ

½ñÈÕÈÈÃÅʼþletter to general insurers about severe weather events

7 November 2022

½ñÈÕÈÈÃÅʼþhas written to general insurers about insurance claims and severe weather events.Ìý

The letter outlines:Ìý

  • ASIC’s expectations of general insurers’ obligations to act efficiently, honestly and fairly in handling and settling claims;Ìý
  • More specifically ASIC’s expectations that insurers be prepared, proactive, transparent, consumer-centric, and responsive in meeting their general obligations as Australian Financial Services (AFS) licensees in claims handling; andÌý
  • Preliminary observations from ASIC’s project looking at the consumer experience in home insurance claims.Ìý

Receive news alerts

Quicklinks

Contact ½ñÈÕÈÈÃÅʼþMedia Unit

Journalists should visit our Contact ½ñÈÕÈÈÃÅʼþMedia Unit page for assistance with media inquiries and information about visiting our premises, requests for comments, interviews, or ½ñÈÕÈÈÃÅʼþspeakers and presenters.

Last updated: 07/11/2022 12:00