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Steadfast launches direct insurance channel

Listed broker Steadfast is entering the direct personal lines market with a new line of retail insurance products for sale through brokers.

The new approach, called Steadfast Direct, will be underwritten by Berkshire Hathaway Australia and New Zealand, the local arm of the US investment and insurance giant.

Steadfast MD and CEO Robert Kelly told the new sales channel will allow Steadfast Network brokers to offer their clients competitively priced direct insurance products.

From February Steadfast Direct will offer home and motor insurance, subject to regulatory approval.

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Insurance fraudster deliberately smashes head on car windshield

You don’t have to be a veteran claims handler to spot a fraudster’s brazen attempt to make an insurance claim yet it seems some hapless fraudsters think they are in the running to become Tom Cruise’ stunt double for the next Mission Impossible movie.

This Dashcam video filmed in South Korea, courtesy of the Daily Mail, clearly shows a man seem to appear from nowhere in a car park, leap on to a car, trying to pretend the vehicle knocked him over. However, he soon realises that, unsurprisingly, no harm came to him (or the car) and proceeds to slam his head against the windscreen several times to break the glass. He then slides off the car, feigning injury.

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Queensland highway to get $110 million upgrade

The Australian Government has approved a $110 million upgrade to Queensland’s Warrego Highway.

The section between Toowoomba and Oakey is the first approved road works funded under the $635 million Warrego Highway Upgrade Package.

Minister for Infrastructure and Regional Development, Warren Truss, said the project would duplicate 5.7 kilometres of the Warrego Highway, providing two lanes in each direction between Charlton and Cotswold Hills, to the west of Toowoomba.

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Trucking industry launches driver health initiative

The Australian Trucking Association (ATA) has today launched a new driver health initiative, releasing the first in a series of health fact sheets for ATA members.

Developed in partnership with the Sleep Health Foundation, the first fact sheet focuses on Obstructive Sleep Apnoea (OSA), a condition that affects some 40 per cent of Australia’s long distance truck drivers.

OSA causes the soft tissues of the throat to close or partially block the airway during sleep, preventing normal breathing and forcing sufferers to wake multiple times during the night.

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New dash cam encourages safe driving

Uniden has extended its range of in-car vehicle recorders with the release of the iGO Cam 750. The so-called ‘crash cam’ was designed for drivers wanting to protect themselves from road-related
accidents and disputes, according to the manufacturer.

“New to the Uniden iGO Cam series is the inclusion of speed camera warnings built into the Crash Camera device. The speed camera warnings alert drivers of upcoming fixed speed cameras and red light cameras, reminding motorists to slow down,” Uniden said.

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