News: Insurance
Insurer Allianz begins eight-year worldwide Olympic and Paralympic partnership
Global insurer Allianz has commenced an eight-year worldwide partnership with the International Olympic Committee and International Paralympic Committee, Building on a collaboration with…
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AALARA releases ‘urgent request for the survival of our industry’
With industry operators impacted by insurance companies reducing or removing coverage, the Australian Amusement, Leisure and Recreation Association (AALARA) has issued a dramatic…
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Ombudsman’s report calls for action in addressing ‘national crisis’ in insurance coverage
The newly released Small Business Ombudsman’s Insurance Inquiry Report has called for urgent action to address what it describes as widespread market failure over the availability…
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Insurance crisis set to force closures of Australian attractions and adventure tourism businesses
Hidden by the challenges presented by closures and ongoing issues relating to the COVID-19, the looming matter of operators in many sectors of the industry securing and renewing their…
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LPA calls for Business Interruption Fund to protect entertainment sector against future COVID-related shutdowns
A new fund to help shield Australia’s live performance industry from future COVID-19 lockdowns is being proposed to prevent further financial damage to the sector and provide…
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Woman awarded $1.5 million in damages following plane’s crash into Ferris wheel at Old Bar Beach Festival in 2011
A young woman has been awarded $1.5 million in damages as a result of injuries and subsequent trauma suffered when a light aeroplane crashed into the Ferris Wheel she was riding back in…
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AALARA takes action as attractions operators face public liability issues
Aware that many of its members are finding it increasingly difficult to obtain public liability protection for their operations, the Australian Amusement, Leisure and Recreation…
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Industry operators impacted by rising insurance premiums
Beyond the challenges presented by the Coronavirus pandemic, 2020 is also seeing operators across the leisure industry facing major issues of insurance availability. Australasian Leisure…
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