In this case, the High Court of Australia ruled a builder was not owed for variations for “work and labour done” after a building contract was terminated in Mann v Paterson Constructions Pty Ltd [2019] HCA 32. This decision shows that builders who fail to follow the formal variation process under the Act are at risk, as […]
A team of five highly talented and well recognised insurance lawyers, known for their expertise in financial lines, property and energy, has joined Wotton + Kearney’s growing Perth team. The team, led by Partner Tim Searle, joins W+K from Clyde & Co and comprises three Senior Associates Jade Macukat, Alex Gregg and Gemma Cooper and […]
The long-awaited legislative overhaul to New Zealand’s privacy framework contained in the Privacy Act 1993 is on track for commencement on 1 March 2020. The Privacy Bill, which contains a comprehensive suite of reforms, has recently passed its second legislative reading. New Zealand’s new privacy framework will be based on the same OECD principles that […]
Inclusion is a critically important ingredient to ensuring that diversity drives better business performance in the insurance industry. The challenge of inclusion lies in the fact that it is not a “one size fits all” concept, which makes it difficult to measure and operationalise. Sponsored by Wotton + Kearney and SURA, and conducted in partnership […]
We are pleased to share our latest Legalign Global thought leadership report, Informed Insurance: Thought Leadership 2019/20 which is released in our region today. This publication includes insight and commentary from all Legalign Global partner firms, including Wotton + Kearney, to provide a truly global perspective on emerging market issues and insurance risk management. A recent […]
With anticipated new data protection laws and significant investigations underway, Australia appears set to create a data protection regime with high penalties and serious potential for third party claims. Increased enforcement, penalties and third party claims will create a rapid increase in exposure for insurers – and may put the question of whether cyber fines […]
In the final Q&A of our series with W+K staff who are helping to drive our Community Footprint Program, we talk to Amelia Thomas – Solicitor and pro bono supporter in our Sydney office.
In our next Q&A with W+K staff who are helping to drive our Community Footprint Program, we talk to Barbara Lim – Solicitor and Pro Bono Coordinator in our Perth office.
Parametric insurance is becoming increasingly common as it give insurers a way to resolve risk-transfer concerns. The success of these products depends on the accuracy and objective nature of the parameters set and a deep understanding of the potential exposures. Nick Lux, Aisha Lala and Ben Hine consider the rising popularity of this product in […]
As the rollout of the NDIS nears completion, insurers and defendants need to understand their obligations regarding Preliminary Notices and Recovery Notices as non-compliance is a criminal offence. Wotton + Kearney’s Hope Saloustros and Laura Jean consider these implications of the NDIS for insurers – as well as the reporting obligations and the NDIA’s broad […]