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GIO is an Australian general insurance provider. It offers insurance products, such as car, home and contents, CTP, boat, caravan, travel, business, public liability and workers compensation and life, primarily in the state of New South Wales and the Australian Capital Territory.
Using the comparethemarket.com.au service, Australian customers can compare a number of products based on price, features, and more. These products include health insurance, [6] car insurance, [7] and energy. [8] In 2015, the company signed a deal to secure Bupa, one of Australia's largest health insurers, as a participating health fund.
Workers compensation was first introduced into New South Wales with the introduction of the Workmens Compensation Act 1910 (NSW). The Act applied to dangerous occupations in which personal injury arose out of an accident or in the course of employment. The Workers Compensation Act 1926 (NSW) expanded the role of workers compensation in the ...
Australia's insurance market can be divided into roughly three components: life insurance, general insurance and health insurance.These markets are fairly distinct, with most larger insurers focusing on only one type, although in recent times several of these companies have broadened their scope into more general financial services, and have faced competition from banks and subsidiaries of ...
This followed a recommendation that WorkCover have its insurance and workplace safety investigation roles separated. In 2020 a joint investigation by Four Corners , Sydney Morning Herald and The Age found that the organization was losing hundreds of millions of dollars per year, and had serious mismanagement issues.
Public liability insurance or general liability insurance covers a business or organization against claims should its operations injure a member of the public or damage their property in some way. Directors and officers liability insurance (D&O) protects an organization (usually a corporation) from costs associated with litigation resulting ...
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