Inquiry into small business insurance

AUSTRALIA, October 29 - Committee: Parliamentary Joint Committee on Corporations and Financial Services
Date referred: 30 October 2025
Submissions close: 06 March 2026
Reporting date: 27 October 2026

Inquiry into the provision, regulation, and pricing of modern insurance products for small businesses and not-for-profit and community organisations operating in Australia, including:

1. access to insurance coverage which meets contemporary business needs, including public liability, professional indemnity, cyber threats, and business interruption;
2. the affordability and availability of these insurance products across different regions and sectors, including regional and remote Australia and high-risk industries;
3. the adequacy of the current regulatory framework in addressing modern insurance challenges; and
4. any related matters.

Submitters are advised that the role of the committee is to conduct oversight of ASIC in its role as Australia’s corporate, markets, financial services and consumer credit regulator, and to report to the Parliament on its findings and recommendations regarding relevant legislation, regulation and government policy. While the committee is not able to intervene in or resolve individual disputes, the committee may draw on individual experiences to inform its broader investigations in connection with this inquiry.