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obÌåÓý letter to general insurers about severe weather events

7 November 2022

obÌåÓý has written to general insurers about insurance claims and severe weather events.Ìý

The letter outlines:Ìý

  • obÌåÓý’s expectations of general insurersâ€� obligations to act efficiently, honestly and fairly in handling and settling claims;Ìý
  • More specifically obÌåÓý’s expectations that insurers be prepared, proactive, transparent, consumer-centric, and responsive in meeting their general obligations as Australian Financial Services (AFS) licensees in claims handling; andÌý
  • Preliminary observations from obÌåÓý’s project looking at the consumer experience in home insurance claims.Ìý

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Last updated: 07/11/2022 12:00