HomeLatest News

latest

news

Stay up-to-date with the latest news, information and updates from Honan Insurance Group, including innovation in the insurance space, business highlights, community & partner profiles and company announcements.

Featured Article

April 28, 2025

Optimising Your Insurance Outcome: The Importance of Understanding Your Strata Property

When it comes time to begin the insurance renewal process for Residential and Commercial Strata Policies, as your broker, we will request specific information about your property (known as COPE) to help ensure that all necessary information is disclosed to insurers. Georgiana Loader outlines key COPE requirements and the importance of having this information readily available when the renewal process begins.
Read More

Previous Articles

September 22, 2023
Construction

Professional Indemnity Insurance: Construction Professionals & the Growing Deductible Dilemma

Although the market is starting to show signs of stabilising after a sustained period of hard market conditions (where demand exceeds the supply), Professional Indemnity insurers for Construction professionals (including Engineers and Building Surveyors) continue to see a high degree of claims against their portfolios. In response, insurers are seeking higher deductibles associated with Professional Indemnity risks to manage the escalating costs of claims. In this article, we explore the critical considerations for construction professionals when addressing deductibles and risk management.
Read More
September 22, 2023
No items found.

Experts with Edge: Jennifer Gray

In this edition of Experts with Edge, a series where we delve into the minds of our challengers to gain exclusive industry insights, predictions and the secrets behind their success, we sit down with Jennifer Gray, Head of Corporate – Asia to learn more about how her studies in study Maths, Statistics and Actuarial Sciences brought her into insurance, the importance of building relationships with clients, and more.
Read More
September 20, 2023
Financial Institutions
Corporate Risk
Start-Ups

Resurgence of the IPO Market: The Importance of Prospectus Liability Insurance

Despite a subdued start to Initial Public Offerings (IPOs) in the first half of 2023, the listing of the chip designer, Arm, on the Nasdaq, which surged 25% on its inaugural day and raised $7.6 billion could signal the reopening of the "IPO window" more broadly. As the market gains momentum, it is critical for entities to consider the role of protective instruments like Prospectus Liability Insurance to limit the impact of prospective claims, litigations, or fiscal implications associated with the IPO process. Dennis Moens explains how the insurance market is responding to create favourable conditions for entities.
Read More
September 13, 2023
Sport
Corporate Risk

Concussion in sport: Human errors can harm players, amplifying the need to prioritise athletes' well-being

With the AFL finals underway where the best of the best will duke it out, matches are not the only battles happening in the sport. The topic of concussion casts a lingering shadow that leaves administrators, players and clubs very nervous and with a lot of uncertainty. This threat not only jeopardises the health and well-being of those involved but also the future of sporting leagues through the potential for legal battles.
Read More
September 12, 2023
Corporate Risk
Financial Institutions
Professional Services

Audit recommendations will be constructive for Directors’ and Officers’ Insurance

The Australian Institute of Company Directors (AICD) has recommended companies undertake robust reviews of their external auditors every five years to instil investor confidence and avoid accounting misconduct. These sentiments are something Directors’ and Officers’ (D&O) insurance underwriters have been encouraging for years when reviewing company risk profiles. Implementing a review or even having a fresh set of eyes has always been considered good financial management, usually indicating financials have undergone regular health checks. This article takes a closer look at the recommendations and why they matter when it comes to insurance coverage.
Read More
September 11, 2023
Construction

Navigating the Rise of Toxic Mould Exclusions in Professional Indemnity Insurance

For professionals such as architects, engineers, and construction contractors, the importance of having Professional Indemnity (PI) insurance cannot be overstated. This cover shields construction professionals from claims related to professional negligence, errors, or omissions. However, in recent years, numerous insurers have adopted blanket toxic mould exclusions, resulting in the removal of coverage for claims directly or indirectly associated with the presence of toxic mould. Luke Vumbaca unpacks the reasons behind this trend, the unintended consequences of these exclusions, and how a specialist broker can help you find adequate cover.
Read More
September 7, 2023
No items found.

Honan on the Move: Laurence Basell

After spending over ten years in the consulting world in M&A and Strategy roles, Laurence Basell joined Honan as Chief Operating Officer in 2019. Although it took six months of convincing for him to join the world of insurance, five years later he’s convinced it has been the best career decision he’s made. We recently sat down with Laurence to learn more about his career journey to date, his leadership philosophy, and what he thinks are the biggest career drawcards the insurance industry has to offer.
Read More
September 6, 2023
Corporate Risk
Retail & Wholesale

Product Recall Expense Extensions: A safety net for manufacturers, distributors & importers 

Public and Product Liability insurance helps businesses mitigate their exposure if their product causes bodily injury or property damage to third parties. However, businesses can also suffer significant financial impacts if their product is deemed defective or suspected of a defect that may cause harm. This can result in costly situations where the business must notify the affected third parties and remove their product from circulation. However, a product recall expense extension can cover expenses directly related to a product recall. Yvonne Chew explains how. 
Read More

With You All The Way.

Helping you to realise your growth strategies and limitless potential is the reason we exist.

Contact Us Today.

Melbourne
Sydney
Brisbane
Perth
Adelaide
Newcastle
Auckland
Singapore
Kuala Lumpur
Corporate Risk
Employee Benefits
Strata & Real Estate
Strata at HonanReal Estate at Honan
Important Documents

Honan Document Library

New Zealand Financial Advice Disclosure

Financial Hardship Policy

Supporting Vulnerable Customers Policy

Domestic & Family Violence Policy

NIBA Code of Practice

General Code of Practice

Financial Service Guide

Honan Document Library

New Zealand Financial Advice Disclosure

Financial Hardship Policy

Supporting Vulnerable Customers Policy

Domestic & Family Violence Policy

NIBA Code of Practice

General Code of Practice

Financial Service Guide

Privacy Policy
Feedback and Complaints Policy
Terms of Use

Honan Insurance Group Pty Ltd (Australian Financial Services Licence no. 246749, ABN67 005 372 396) is an insurance broker acting as agent for insureds and intending insureds. Honan is not an insurer.  The information on this website has been prepared without taking into account your objectives, financial situation or needs.  Any advice provided on this website is general advice only.  Before making a decision to purchase an insurance policy, please read the relevant Product Disclosure Statement to make sure the policy is right for you.  Insurance cover is subject to policy terms and conditions including policy limits and exclusions. 

From time to time, Honan may act under a binder arrangement with an insurer.  When this happens, Honan is authorised by the insurer to issue certain insurance policies on the insurer’s behalf.  When Honan does this it acts as the agent for the insurer and not for any insured person.  We will let you know when we are acting under a binder.  You can view the Product Disclosure Statements for the insurance policies we issue under a binder arrangement here.  A copy of the Target Market Determination for each policy is also available on this website.

Copyright 2024 Honan Insurance Group Pty Ltd ABN: 67 005 372 396. All rights reserved.

Website Designed & Developed by Splashbox