How to Prepare for the New General Insurance Code of Practice (GICOP)
A Practical Implementation Guide for Insurers and Underwriting Agencies
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A Practical Implementation Guide for Insurers and Underwriting Agencies
ASIC updated RG 234 for the first time since 2012. What the new advertising guide means for insurers, MGAs and brokers — with practical compliance steps.
The GICOP 2026 public consultation closes 21 July. Key changes: enforceable Code commitments, 12-month deemed claim acceptance, new retail/wholesale tiers.
The 2026 draft GICOP narrows wholesale insurance scope while expanding protections for small-business customers still covered
IBCCC data highlights key broker compliance trends, but system-level visibility shows why detection maturity shapes breach reporting.
Clear obligations help compliance teams reduce guesswork, assess breaches consistently and make stronger, evidence-based decisions.
Everybody is working, yet no one is making the claim move forward.
Compliance is shifting from documentation to decision science, where consistent judgement and better decisions drive stronger outcomes.
Human-in-the-loop AI should support better judgement, not more manual review, by combining AI speed with human accountability.
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