W+K attracts top financial lines insurance team in Perth

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 […]

New Zealand’s new Privacy Act edges closer

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 […]

Deep Dive on Inclusion: Inclusive Culture Survey 2019

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 […]

Informed Insurance: Legalign Global Thought Leadership Report 2019/20

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 […]

Insurers face a double blow from cyber fines and claims in Australia

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 […]

Parametrics: the next big thing?

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 […]

NDIS: the most significant social reform since Medicare

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 […]

GL Update – key trends and emerging risks in general liability insurance

Welcome to Wotton + Kearney’s GL Update – a snapshot of the key trends and emerging risks in general liability insurance in Australia. In this edition we look at the impact of recent significant matters, including the Lacrosse cladding fire litigation conducted by our Melbourne team, the ongoing risk of concussion claims and prison authority […]