Source: https://www.insurancelawtomorrow.com/author/matthew-ellis/
Timestamp: 2019-07-18 20:46:35
Document Index: 752831664

Matched Legal Cases: ['art 6', 'art 5', 'art 5', 'art 4', 'art 4', 'art 2', 'art 2', 'art 1', 'art 1']

Matthew Ellis | Insurance law tomorrow
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By Ray Giblett, Matthew Ellis and Timothy Chan on May 16, 2019 Posted in Regulation
The Australian Securities and Investments Commission (ASIC) has released Consultation Paper 311 seeking input from interested parties on 15 proposals that will change the way Australian Financial Services Licence (AFSL) holders conduct and report on internal dispute resolution (IDR) processes. Submissions close on 9 August 2019, with the final revisions to Regulatory Guide 165: Internal … Continue reading
Enforceable code provisions: an interview with John Price, Lead Ombudsman for General Insurance Decisions, AFCA
By Matthew Ellis and Ray Giblett on April 29, 2019 Posted in Industry news
Continuing on from our blog series “Insurance After Hayne”, we will be posting short interviews with industry and legal experts on the Hayne recommendations and the proposed reforms to the industry. In the second instalment of the series, we were joined by John Price, Lead Ombudsman for General Insurance Decisions at the Australian Financial Complaints … Continue reading
By Ray Giblett, Matthew Ellis and Timothy Chan on April 12, 2019 Posted in Legislation
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 passed Parliament last week and received royal assent shortly after. It introduces design and distribution obligations into the Corporations Act 2001 (Cth), requiring financial services entities to consider the design of their retail financial products and the way they are distributed. … Continue reading
By Matthew Ellis and Ray Giblett on March 27, 2019 Posted in Industry news, Regulation
A Norton Rose Fulbright webinar with John Anning, Insurance Council of Australia Continuing on from our blog series “Insurance After Hayne”, we will be posting short interviews with industry and legal experts on the Hayne recommendations and the proposed reforms to the industry. In the first of these interviews, Ray Giblett (insurance partner, Sydney) sat … Continue reading
Insurance After Hayne Part 6 – The BEAR necessities
By Ray Giblett, Matthew Ellis and Alex Madry on March 15, 2019 Posted in Industry news, Regulation
Welcome to the 6th and final instalment of our weekly updates following the Hayne Royal Commission into the financial services industry. This week we focus on Recommendation 4.12, in which Hayne recommends that the Banking Executive Accountability Regime (BEAR) be extended to other financial service providers, including insurers. Now that the full contents of the … Continue reading
Insurance After Hayne Part 5 – The Three Cs: Claims, Codes and Complaints. A Triple Threat or Opportunity?
By Ray Giblett, Matthew Ellis and Timothy Chan on March 12, 2019 Posted in Industry news
Welcome to Part 5 of Insurance After Hayne, a six part series on our Insurance Law Tomorrow blog focusing on the implications for insurers following the release of the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry. In this week’s article, we explore Commissioner Hayne’s recommendations on … Continue reading
Insurance After Hayne Part 4 – Spotlight on culture, governance and pay
By Matthew Ellis, Ray Giblett and Timothy Chan on March 1, 2019 Posted in Industry news
Welcome to Part 4 of Insurance After Hayne, a six part series on our Insurance Law Tomorrow blog focusing on the implications for insurers following the release of the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry. In this week’s article, we explore Commissioner Hayne’s recommendations on … Continue reading
Insurance After Hayne Part 2 – How the Royal Commission will change how insurance is sold
By Ray Giblett, Matthew Ellis and James Kim on February 15, 2019 Posted in Industry news
Welcome to Part 2 of Insurance After Hayne, a series focusing on the implications for general and life insurers of the Royal Commission’s final report. In last week’s article, we provided an overview of the recommendations applicable to the insurance industry. This week, we look more closely at the recommendations regarding sales practices and policy … Continue reading
Insurance after Hayne Part 1 – What do insurers need to do following the Royal Commission’s final report?
By Ray Giblett, Matthew Ellis and Timothy Chan on February 8, 2019 Posted in Industry news
Welcome to Part 1 of “Insurance after Hayne”, a special series on our Insurance Law Tomorrow blog focusing on the implications for general and life insurers following the release of the Royal Commission’s final report. Each week, we will be sharing our thoughts on Commissioner Hayne’s recommendations through the lens of our insurance regulatory team. … Continue reading
By Nicole Wearne, Matthew Ellis and Antonia Kalcina on February 4, 2019 Posted in Regulation
The Australian Law Reform Commission’s (ALRC) report ‘Integrity, Fairness and Efficiency—An Inquiry into Class Action Proceedings and Third-Party Litigation Funders’[1], was released on 25 January 2019. The report makes 24 recommendations in an effort to ‘shake up’ a now-booming sector. The ALRC received over 75 submissions in response to their initial Discussion Paper[2], including a … Continue reading
Cyber-attacks are getting more sophisticated – are you safe?
By Jacques Jacobs, Matthew Ellis, Eden Winokur and Victoria Hoon on January 30, 2019 Posted in Industry news
It has become common knowledge that password protection and encryption of data are some of the most effective ways of preventing your information from ending up in the wrong hands. As cybercriminals adapt to advances in password protection and encryption technology, it is important to remember that these measures cannot completely eliminate the risk of … Continue reading
Class Actions – Time for Review and Change?
By Nicole Wearne, Matthew Ellis, Andrew Riordan and Brooke Grealy on August 29, 2018 Posted in Industry news
As we have previously reported, the Australian Law Reform Commission (ALRC) is in the midst of conducting an Inquiry into Class Action Proceedings and Third-Party Litigation Funders. The ALRC is to deliver its report on 21 December 2018. Class actions are now considered one of the greatest risks to corporations in Australia, with resulting increases … Continue reading
By Maha Chaar, Nicole Wearne and Matthew Ellis on July 26, 2018 Posted in Industry news
On 11 December 2017, then Attorney-General of Australia, Senator the Honourable George Brandis QC, asked the Australian Law Reform Commission (ALRC) to consider whether and to what extent class action proceedings and third party litigation funders should be subject to Commonwealth regulation. The inquiry is set against the background of: (a) The increased prevalence … Continue reading
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