Although there is a glimmer of hope that construction costs might be easing, construction price hikes in 2022 across Australia were the highest ever recorded. The construction industry across Australia has been under significant pressure since the pandemic began, with contract work insurers seeing requests for insured sums increase by as much as 45%. The challenges […]
The W+K team is pleased to share its 2023 Insurance Predictions Report, which addresses the major trends and issues impacting the insurance industry in our region. The report considers key trends across insurance lines, including the rise in class actions in Australia despite regulatory change and the rapidly evolving cyber exposure landscape. We look at […]
I’m pleased to share that Wotton Kearney has welcomed two new partners, Cheryl Phillips and Bill Conor, and four other new team members to our expanding Adelaide team. Cheryl, who joins us from MinterEllison, will lead our Adelaide office. She has broad insurance law experience and is highly regarded by our clients for her expertise […]
2022 was a big year at W+K. Here’s a glimpse at some of the highlights. Wishing everyone a safe and happy new year!
Recent major cyber incidents and associated data breaches in Australia, particularly those involving Optus and Medibank, have triggered a maelstrom of breach, policy and legislative developments. The Australian Government has taken swift legislative action to increase the consequences of data breaches by amending the Privacy Act 1988 (Cth), and has indicated there will be an […]
Welcome to Wotton Kearney’s first Employment Law Bulletin. The last few months have been full of interesting employment law developments in New Zealand that are likely to have profound impacts for businesses and their insurers. In this issue, we look at recent restructuring cases, the impact of Uber drivers being defined as employees, Holidays Act […]
Welcome to Wotton Kearney’s Product Liability Update, a snapshot of the key trends, areas of regulatory focus, and emerging risks in product liability insurance in Australia and New Zealand. In this issue, we look at the ACCC’s focus on safety issues affecting young children, recent case highlights from Australia and New Zealand, and the latest […]
This week, to mark the 2022 International Day for the Elimination of Violence against Women and the 16 days of activism that follow, Australasia’s leading specialist insurance & risk law firm, Wotton Kearney, held a firm-wide event to raise awareness for all its staff on what they as a business and as individuals can do […]
In January 2020, the NSW Government announced its legislative strategy to restore public confidence in the building sector by 2025. The next phase has now commenced with the introduction of four proposed changes to the legislative framework. The proposed bills and regulations are open for public consultation and will be introduced in NSW Parliament in […]
Following Australia’s east coast energy crisis, the Minister for Climate Change and Energy announced a faster transition to renewable energy. To meet the government’s goals, Australia is moving at a break-neck pace to transition to renewables, and insurance players are watching closely as new risk patterns emerge. Property, Energy + Infrastructure partner Edward Burrell and […]
