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Insurance News

The Growing Importance of Cyber Insurance in Australian Agriculture
The Growing Importance of Cyber Insurance in Australian Agriculture
23 May 2026: Paige Estritori
In today's rapidly evolving agricultural landscape, technology plays a pivotal role in enhancing productivity and efficiency. However, this digital transformation also introduces new vulnerabilities, particularly in the realm of cyber security. Recent research from WFI Insurance highlights a concerning trend: only 25% of Australian farmers are considering cyber insurance as a future necessity, a stark contrast to the 70% of the broader business community acknowledging its importance. - read more
WA Government's Upcoming Exit from AEGIC Partnership
WA Government's Upcoming Exit from AEGIC Partnership
15 May 2026: Paige Estritori
The Western Australian (WA) government has announced its intention to conclude its partnership with the Australian Export Grains Innovation Centre (AEGIC) by June 2026. This decision marks a significant shift in the state's involvement in national grain research and development initiatives. - read more
Unified Strategy Announced for Sheepmeat and Wool Industries
Unified Strategy Announced for Sheepmeat and Wool Industries
15 May 2026: Paige Estritori
Sheep Producers Australia (SPA) has unveiled plans to develop a comprehensive strategy that encompasses both the sheepmeat and wool sectors. This initiative, supported by federal funding, aims to foster collaboration and drive innovation within the Australian sheep industry. - read more
ACCC Reviews Bega's Proposed Acquisition of Fonterra's Australian Operations
ACCC Reviews Bega's Proposed Acquisition of Fonterra's Australian Operations
15 May 2026: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has initiated an investigation into Bega's proposal to acquire Fonterra's Australian assets. This move has significant implications for the dairy industry, particularly concerning market competition and consumer choice. - read more
Farm Insurance Articles

Protecting Your Farming Business with Keyperson Insurance
Protecting Your Farming Business with Keyperson Insurance
Farming is not just an occupation; it's the backbone of Australia's economy and a vital part of our national identity. From the vast wheat belts of Western Australia to the fertile valleys of Victoria, our farmers work tirelessly to feed not just our nation, but countries all over the world. Their commitment ensures food security and supports rural communities, making farming a crucial industry for Australia's prosperity. - read more
Preparing Your Farm: 5 Key Measures Against Natural Disasters
Preparing Your Farm: 5 Key Measures Against Natural Disasters
In recent years, Australia has witnessed a notable increase in the frequency and severity of natural disasters. From bushfires and floods to cyclones and droughts, these events have become almost a regular occurrence, affecting countless communities across the nation. For farmers, these natural disasters pose a serious threat not only to their means of livelihood but also to their way of life. - read more
Harnessing Data: How Precision Agriculture is Transforming Livestock Farming
Harnessing Data: How Precision Agriculture is Transforming Livestock Farming
In the bustling world of modern agriculture, precision agriculture stands out as a game-changer, especially in the realm of livestock farming. But what exactly is precision agriculture? - read more
The Role of Cover Crops in Enhancing Farm Yields Sustainably
The Role of Cover Crops in Enhancing Farm Yields Sustainably
Cover crops are a diverse group of plants grown primarily for the benefit of the soil rather than for crop yield. They are planted in the off-season after harvesting the main crop. The primary goal is to cover the soil, reducing erosion and enhancing soil health. - read more

Knowledgebase
Loss Ratio:
The ratio of claims paid by an insurer to the premiums earned, used as a measure of profitability.