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Insurance forecast 2023: claims trends and future risks
Drawing on our experience across various risks, this 2023 insurance forecast report highlights some of the key trends that we anticipate will shape the insurance agenda for 2023 and beyond.
Joining a medical practice as an owner
Joining an existing medical practice as an owner is a big step, both in terms of practitioners' medical career and their legal responsibilities. It is important for practitioners to properly understand what they are signing up to. In this article, Nicholas Blackmore discusses the different types of business structures and the factors practitioners should consider when joining a medical practice as an owner.
Case review 2022-09-13
Federal Court of Australia weighs in on scope of cover for “direct financial loss” arising from a cyber incident
In this article we explore the recent Federal Court decision in Inchcape Australia Limited v Chubb Insurance Australia Limited, which highlights the importance of considering the precise wording of the policy when determining whether a cyber insurance policy will adequately cover an insured for potential losses.
Case review 2022-07-06
Federal Court of Australia paves the way to requiring AFS licensees to have adequate cybersecurity and cyber resilience measures
In the recent case of Australian Securities and Investments Commission v RI Advice Group Pty Ltd, the Federal Court of Australia considered for the first time the cybersecurity obligations of Australian Financial Services licensees and their authorised representatives.
Privacy Commissioner for Personal Data issues guidance to property management sector
The Privacy Commissioner for Personal Data (“PCPD”) recently issued a new Guidance Note for the Property Management Sector, in response to a series of recent complaints concerning the collection, retention, use and disclosure of personal data by property managers. It provides important guidance for property managers on complying with the Data Protection Principles (“DPP”).
Record number of partner promotions reflect Kennedys continued growth in Australia
Global insurance and litigation law firm Kennedys has promoted six new partners in Australia, a significant share of the record round of 22 partner promotions worldwide that take effect from 1 May 2022. This is the largest round of internal promotions since Kennedys opened the first Australian office in 2006.
Australia considers a statutory cause of action for serious invasion of privacy
While Australia was one of the first countries in the world to adopt privacy legislation, it has always lacked a cause of action for invasion of privacy. The Attorney-General’s Department is currently reviewing the Privacy Act 1988 (Cth), including whether an action for invasion of privacy should be introduced into Australian law.
Kennedys partners and senior staff listed in Best Lawyers Australia and Best Lawyers Ones to Watch 2023
Congratulations to the 15 Kennedys lawyers recognised by their peers in the 2023 edition of Best Lawyers in Australia and the inaugural edition of Best Lawyers 'Ones to Watch', both published on 21 April 2022.
Technology to the rescue? How insurtech is helping insurers improve the customer experience and comply with new regulatory requirements
The 2022 ClaimsTech Summit was held in Sydney on 3 March and Kennedys was pleased to host a panel discussion concerning “Managing Insurance Regulatory Reforms”. The panel's discussion highlighted the importance of insurtech for Australian insurers in the 21st century.
UK ICO's new data transfer agreements – in force today, 21 March 2022
The UK Information Commissioner’s Office (ICO) recently released two new agreements for the transfer of personal data outside the UK. These agreements came into force today, 21 March 2022. Here, our experts consider what these changes mean for UK data exporters.