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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.
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Previous Articles

December 18, 2023
Construction
Strata News

EV Charging Stations in Strata Buildings – Navigating Fire Safety from an Insurance and Design Perspective

With the rise of electric vehicles, strata owners have to adapt by incorporating EV charging stations in their buildings. This shift requires a profound reassessment of fire safety, particularly concerning EV batteries, which differ significantly from Internal Combustion Engine (ICE) vehicles. This article explores the evolving fire safety landscape in strata buildings equipped with EV charging stations, drawing insights from property insurance and the critical role of design professionals, shedding light on insurers' criteria in these specialised spaces.
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November 30, 2023
Pharmacy

Double dispensing rules: what are the grounds for refusal?

Since the introduction of the 60-day prescription of PBS medicines in September, many patients can now receive twice the medication for the cost of a single prescription. From September 2024 this will apply to more than 300 medicines on the Pharmaceutical Benefits Scheme (PBS). While pharmacists’ opinions on the ‘double dispensing’ policy vary greatly, the expectation from both clients and prescribers is that prescriptions will be fulfilled.
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November 28, 2023
Financial Institutions
Corporate Risk

Managing the risks associated with shareholder class actions: a review of the AMP settlement

Earlier this month, the Supreme Court of New South Wales approved the settlement of the AMP class action and appointed Maurice Blackburn as settlement administrator of the settlement distribution scheme. This was after an agreement between AMP Limited and its shareholder class action had been reached on 20 August 2023, for a sum of $110 million inclusive of costs. This article takes a closer look at how this class action unfolded and the risk solutions that could protect companies from these events.
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November 27, 2023
Construction

Why Discussing Domestic Building Insurance (DBI) is crucial this Christmas

While Christmas Day typically involves light-hearted conversations about holidays, books, and movies, as well as reflections on the past year and hopes for the New Year, we suggest adding a less festive but important topic to your household discussions this Christmas: Domestic Building Insurance (DBI).
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November 21, 2023
Professional Services
Corporate Risk

Ensuring a Secure Transition: Run-off Insurance and Warranties & Indemnity Insurance for Acquisitions

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November 15, 2023
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Experts with Edge | Chitra Sharma

At Honan, we’re big believers in growing an exceptional brand, business and reputation through exceptional people. People with market-leading expertise, proven results and a fierce commitment to serving their clients, but also people with creative, considered points of view and a willingness to share them. These are our challenger champions - the ones who progress, lead and succeed by doing things a little differently, delivering on promise, and proving their passion through outstanding performance. In this series, we get to know them a little better; picking their brains for exclusive industry/category insights, future predictions, and the secrets behind their success.
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November 13, 2023
Corporate Risk
Technology

Taking flight: why drone insurance is important for commercial use

The global market size of commercial drones is forecast to grow in the coming years. From capturing breathtaking footage to 3D mapping, product delivery, and use in construction and agriculture, Australia is embracing drone use. With the uptake of drones to support jobs across the economy, drone insurance or insurance for remotely piloted aircrafts (RPA) becomes essential for businesses. Chris Papakostas takes a closer look at why you should consider drone insurance and how to secure it.
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November 8, 2023
Financial Institutions
Professional Services

Warranty & Indemnity Insurance: Key Trends and Considerations in Business Deals

Warranty and Indemnity insurance (W&I) is an insurance solution that provides coverage for breaches of warranties and indemnification claims outlined in sale and purchase agreements. This insurance safeguards against losses or liabilities arising from undisclosed or unknown issues and indemnities. Essentially, the insurer assumes the responsibilities of the party providing the contractual warranties and tax indemnity. W&I insurance functions alongside negotiations and serves to enhance, rather than substitute, a thorough due diligence process. Here's a snapshot of current trends and considerations in W&I insurance to help you make an informed decision about your transaction.
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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

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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.

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