Webinar: Fair Deal — Preparing for the New Unfair Contract Terms Law

For Australian insurers, 5 April 2021 heralds a new regulatory landscape where, for the first time, the industry's Insurance Contracts Act 1984 (ICA) will be subject to unfair contracts terms provisions known as 'UCT Laws'.

Join John Anning, Insurance Council of Australia and Cain Jackson, Wotton + Kearney for an overview of the new regime.

John will provide an industry perspective on this long running issue and how members are going in terms of being prepared for commencement of the new obligations.

Cain will outline the legislation and how insurers can understand and respond to the new regime.

LEARNING OUTCOMES

At the end of this webinar, attendees will be able to:

  • Discuss the application of Unfair Contract Terms protections to general insurance and why it is a textbook example of how not to make good public policy.
  • Describe how insurers can understand and respond to the new regime.
  • Recognise that the approach adopted in light of the Financial Services Royal Commission recommendation is flawed but Unfair Contract Terms protections will still benefit consumers.
  • Identify that flaws in the Financial Services Royal Commission recommendation may present serious challenges to insurers in the future.

REGISTRATION

Registrations for this webinar are now closed.

For further information about this professional development program, please contact Bec Ciavarella, Events Manager.

Visit ANZIIF webinars to find out what else is coming up. 

Speakers

  • John Anning

    Insurance Council of Australia

    John Anning_Grayscale

    John Anning

    Head of Regulation Policy
    Insurance Council of Australia

    John was appointed head of the Regulation Policy Directorate in April 2007 and brings considerable experience in the areas of public policy and regulatory matters as well as in the areas of corporate and government relations.

    John previously worked for the Financial Planning Association as General Manager Policy and Government Relations, and was responsible for providing strategic and technical advice on regulation, public policy matters and lobbying activities.

    John has also held senior management positions in government and corporate affairs roles with the Commonwealth Bank of Australia and Telstra. He was also with the Department of Foreign Affairs and Trade where his roles included First Secretary, Australian Embassy, Paris.

    John has a Master of Public Affairs, Bachelor of Legal Studies and a Bachelor of Arts.

  • Cain Jackson

    Wotton + Kearney

    Cain Jackson_Grayscale

    Cain Jackson

    Head of Financial Lines
    Wotton + Kearney

    Cain is one of Australia’s leading insurance lawyers. He has been described by industry commentators as “one of the most impressive people” operating within the insurance industry who also praise the way he handles D&O, liability and professional indemnity issues and his “huge involvement in class action matters”.

    Large multi-national insurers, the Lloyd’s insurance market and ASX-listed financial services groups engage Cain for his commercial and strategic advice.

    He is also one of Australia’s most experienced class action lawyers and played a key advisory role in the recent Myer litigation – the first securities class action to run to judgment. Cain is a director of Wotton + Kearney and Head of Financial Lines.

SPONSORSHIP

Are you interested in sponsorship opportunities for ANZIIF webinars? For more information on how your organisation can benefit as a sponsor of this leading professional development program, please contact Sara Cheong, Sponsorship Executive by phone on +61 3 9613 7200 or by email at [email protected].

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21 Oct 2020

  • Online
  • 12:00pm - 1:00pm AEDT*
    *Please visit Time and Date to establish the start time in your local time zone.
  • 1 Points
  • Member AUD: $35
    NZD: $37.50
    Non-Member AUD: $35
    NZD: $37.50

    Registrations are now closed

    Visit ANZIIF webinars to find out what's coming up.