Landlords Insurance Online :: News
SHARE

Share this news item!

New Insurance Code Step Puts Claims Service Back in Focus

Fitness operators should note the reforms, while recognising the Code is still awaiting ASIC approval

New Insurance Code Step Puts Claims Service Back in Focus?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Insurance Council of Australia's submission of a strengthened General Insurance Code of Practice to ASIC on 22 October 2026 is a significant development for policyholders who rely on clear claims handling, timely communication and fair treatment.
For fitness professionals, the reform is less about changing day-to-day training risk and more about what happens after a client injury, property damage incident, equipment loss or business disruption becomes an insurance claim.

The key shift is enforceability. The revised Code is intended to make important insurer obligations contractually enforceable for the first time, once approved and implemented. That could give eligible policyholders stronger pathways to challenge poor service through existing dispute channels or, in some circumstances, through contractual rights. However, it is important not to overstate the immediate effect: ASIC still needs to consider the Code, and a transition period is expected before it applies to new and renewed policies.

This is a follow-up to the earlier consultation on the draft General Insurance Code of Practice, but the practical message for fitness businesses remains consistent. Insurance value is tested when a claim is made, not only when a premium is paid. A personal trainer working in parks, a yoga instructor hiring community venues, or a studio owner with leased premises may each face different policy terms, excesses, exclusions and evidence requirements.

Several proposed Code themes are especially relevant to small operators:

  • clearer communication about claim progress and reasons for delay;
  • higher expectations around claims handling, expert reports and transparency;
  • stronger support where customers are experiencing vulnerability or financial hardship;
  • more accountability where insurer promises are incorporated into applicable contracts.

For many fitness operators, the biggest practical limitation is scope. Not every business policy, insurer, product or circumstance will necessarily be covered in the same way. Public liability, professional indemnity, business interruption, equipment and property sections may also involve different obligations and timeframes. Where a broker is involved, operators should still keep their own records and understand who is responsible for passing on claim updates and documents.

The reform also reinforces a basic claims discipline: document incidents early. That means recording the date, location, client activity, supervision provided, equipment condition, first aid response, witness details and follow-up communication. For studios and gyms, maintenance logs, cleaning records, induction procedures and staff training notes can become important evidence if a claim is disputed.

The strengthened Code will not remove the need to read policy wording carefully or to disclose business activities accurately. But it does signal a more demanding service environment for insurers. Fitness professionals should use the period before implementation to review their claims processes, confirm contact pathways and ensure their records can support a clear, timely claim if something goes wrong.

Published:Tuesday, 3rd Nov 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

Credit Card Travel Insurance Cuts Create a New Pre-Trip Check
Credit Card Travel Insurance Cuts Create a New Pre-Trip Check
11 Nov 2026: Paige Estritori
Australian travellers who have long relied on credit card travel insurance now have a fresh reason to check their cover before leaving home, with several major banks reducing, restructuring or removing complimentary travel insurance benefits across selected cards. The changes do not mean every cardholder is uninsured, but they do mean past experience is a poor guide to what applies to the next trip. - read more
New WHS figures sharpen the risk picture for tradies
New WHS figures sharpen the risk picture for tradies
11 Nov 2026: Paige Estritori
Safe Work Australia’s latest Key Work Health and Safety Statistics, released on 12 October 2026, provide a fresh reminder that construction remains one of the country’s highest-risk work environments. The national data records 41 construction worker fatalities in 2025 and shows construction accounted for 11.7% of serious workers’ compensation claims in 2024-25, making the figures directly relevant to trade businesses reviewing safety systems, contracts and insurance arrangements. - read more
Mallee Hail Is a Sharp Reminder About Harvest-Time Insurance Gaps
Mallee Hail Is a Sharp Reminder About Harvest-Time Insurance Gaps
10 Nov 2026: Paige Estritori
A damaging hailstorm across Victoria’s Mallee has turned a promising harvest into a difficult insurance and cash-flow test for affected grain growers. ABC Rural reported on 6 November 2026 that hail swept through districts including Birchip, Wycheproof and Quambatook, damaging thousands of hectares of wheat, barley, lentils, canola and other crops just as many paddocks were ready to harvest. - read more
Strata Storm Claim Ruling Puts Defect Exclusions in Focus
Strata Storm Claim Ruling Puts Defect Exclusions in Focus
10 Nov 2026: Paige Estritori
A recent Australian Financial Complaints Authority decision has highlighted a difficult but common issue for strata communities: damage that happens during a storm is not always insured storm damage. The dispute, reported on 5 November 2026, involved an owners corporation claim for a collapsed parapet wall, with the insurer declining cover on the basis that defective design, materials or workmanship were the dominant cause rather than the weather event itself. - read more
Healthcare liability pressure puts clinic renewal evidence in focus
Healthcare liability pressure puts clinic renewal evidence in focus
10 Nov 2026: Paige Estritori
A new Australian healthcare professional liability market update points to a sharper divide between general insurance market conditions and the experience of healthcare organisations arranging malpractice and professional liability cover. Lockton’s 1 November 2026 update says established insurers remain selective, claims inflation is affecting attachment points and underwriters are looking more closely at how clinical governance works in practice, not merely whether accreditation exists. - read more


Landlords Insurance Articles

Does Your Landlord Insurance Cover Short-Term Rentals Like Airbnb?
Does Your Landlord Insurance Cover Short-Term Rentals Like Airbnb?
In recent years, short-term rentals have exploded in popularity across Australia. Platforms like Airbnb and Stayz have transformed how people approach accommodation, offering unique experiences that hotels often can't match. Whether it's a beachfront apartment in Sydney or a cozy cottage in the countryside, these rentals appeal to a wide range of travellers seeking flexibility and local charm. - read more
Landlord insurance for units, apartments and strata properties
Landlord insurance for units, apartments and strata properties
If your rental property is part of a strata scheme, the building may already be insured through the owners corporation or body corporate. However, strata insurance and landlord insurance usually protect different risks, so Australian landlords should understand where cover may overlap, where gaps can exist and what questions to ask before choosing a policy. - read more
What are the common exclusions in landlord insurance policies?
What are the common exclusions in landlord insurance policies?
Landlord insurance is a specialized type of coverage designed to protect property owners who rent out their residential or commercial properties. This insurance typically provides financial support in the event of damage to the property, loss of rental income, and liability claims from tenants or visitors. Essentially, it helps ensure that landlords are safeguarded against potential risks and unexpected financial burdens. - read more
How landlord insurance claims generally work in Australia
How landlord insurance claims generally work in Australia
A practical guide to the usual steps involved in making a landlord insurance claim in Australia, including notification, evidence, assessment, excesses, repairs and common reasons claims may be delayed or declined. - read more
Australian Landlords: How to Simplify Insurance for Your Multiple Rentals
Australian Landlords: How to Simplify Insurance for Your Multiple Rentals
As an Australian landlord, you may be wondering about the ins and outs of landlord insurance. It's crucial to have a solid understanding of this type of insurance to protect your rental properties properly. Landlord insurance is tailored to cover risks that typical home insurance policies might not handle effectively. - read more

Knowledgebase
Insurance Underwriter:
An insurance company, a financial institution that sells insurance.