News & Insights

Reflecting on a year of change: new Gallagher Market Overview Report out now

Published 12 November 2018

As the curtain falls on a dramatic 2018, the latest Gallagher Market Overview Report reflects on the key themes from what has been a year of change and instability for Australia.

The report, entitled Reflecting on a year of change, features insights on a range of issues impacting the Australian business landscape and insurance markets as 2018 draws to a close, including:

  • How the tough D&O insurance market is impacting on IPOs
  • Why surety bonds are soaring as an alternative to bank guarantees
  • What's driving sustainable growth in the Australian transport sector
  • Insurance risks on the rise for the media & entertainment sector
  • Major fire events and needles-in-fruit crisis contributing to market uncertainty in the food production industry
  • Natural disasters, trade tensions and cyber risks rocking the marine sector

 

 

Sarah Lyons, Chief Executive of Gallagher Australia, said: “Throughout this year of change, one thing has remained constant: the intense scrutiny company directors are under at a time when employees, consumers and shareholders are demanding more accountability for their actions.

“The insurance sector continues to evolve to meet these changes and support businesses, but negotiating the market requires a deft hand from an experienced insurance partner.”

As well as examining developments across a range of specific insurance sectors, the report also features broader commentary on economic and political trends that have impacted the business sector, including record mergers and acquisitions activity, new data breach legislation, severe droughts in QLD and NSW, and the Hayne Royal Commission.

The report is available to download as an interactive digital publication and abridged PDF.

Download 2018: Reflecting on a Year of Change here


 

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