Hospitality Insurance Online :: News
SHARE

Share this news item!

WFI Insurance Reports Significant Decline in Farm Liability Claims

Enhanced Safety Measures Lead to Improved Outcomes in Australian Agriculture

WFI Insurance Reports Significant Decline in Farm Liability Claims?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.

WFI Insurance has reported a notable decrease in farm liability claims across most categories, signaling a positive trend in safety practices within the Australian agricultural sector.
The insurer observed a 75% reduction in falls from height over the past year, alongside a 30% decline in impact injuries, marking the lowest level in four years.

Andrew Beer, Executive General Manager at WFI, highlighted the importance of these improvements. 'We have seen horrific life-changing injuries,' he stated. 'We see first-hand the adverse outcomes when things go wrong on farms, where events can unfold quickly and often in remote locations.'

Despite these positive developments, certain risks remain prevalent. Heavy machinery and large animals continue to pose significant hazards, and farm property damage claims resulting from severe weather have increased by 32%. Self-managed repairs to broken machinery have been identified as a leading cause of injury, often due to machinery not being properly disengaged. Factors such as fatigue, loss of concentration, and omitting important safety steps to expedite tasks have also contributed to incidents.

In the first six months of this year, there were 30 deaths and 74 injuries on farms, compared to 32 deaths and 122 injuries in the whole of last year. This data suggests a downward trend in farm-related incidents, reflecting the effectiveness of enhanced safety measures and awareness campaigns.

WFI's claims data over the past five years indicates that cuts have been the most common injury type, comprising almost one-third of claims, followed by fractures (19%) and soft tissue injuries (17%). The insurer's commitment to promoting farm safety is further demonstrated through its partnership with Farmsafe Australia, where WFI serves as an ambassador and sponsors the annual 'Safer Farms Report.'

These findings underscore the critical importance of continued education and implementation of safety protocols in the agricultural sector. By maintaining vigilance and adhering to best practices, farmers can further reduce the risk of accidents and ensure a safer working environment for themselves and their communities.

Published:Tuesday, 16th Dec 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

Australian Insurers Brace for Profitability Decline After Record Highs
Australian Insurers Brace for Profitability Decline After Record Highs
17 Dec 2025: Paige Estritori
The Australian insurance industry is preparing for a downturn in profitability after achieving a decade-high return on equity (ROE) of 19% in the 2024-25 financial year. This peak performance was driven by robust underwriting results, substantial investment returns, and a period of relatively low natural disaster claims. However, industry analysts predict a six-point decline in ROE to 13% for the current financial year, bringing it back within the typical target range of 10% to 15%. - read more
Australian Insurtech Startups Experience Growth and Market Expansion
Australian Insurtech Startups Experience Growth and Market Expansion
17 Dec 2025: Paige Estritori
The Australian insurtech sector is demonstrating remarkable resilience and adaptability, with many startups reporting significant growth and successful market expansion. A recent survey of Insurtech Australia members reveals that companies generating annual revenues between $1 million and $10 million have experienced a 30% increase in revenue. Additionally, there has been a 10% rise in investment from private backers, indicating strong confidence in the sector's potential. - read more
Australian SMEs Advocate for National Reforms to Combat Rising Insurance Costs
Australian SMEs Advocate for National Reforms to Combat Rising Insurance Costs
17 Dec 2025: Paige Estritori
Small and medium-sized enterprises (SMEs) across Australia are facing mounting challenges due to escalating insurance premiums. A recent report by the Australian Chamber of Commerce and Industry, in collaboration with the Insurance Council of Australia, highlights the urgent need for coordinated national reforms to address this pressing issue. - read more
WFI Insurance Joins Forces with Farmsafe Australia to Boost Farm Safety Standards
WFI Insurance Joins Forces with Farmsafe Australia to Boost Farm Safety Standards
16 Dec 2025: Paige Estritori
In a significant move to enhance safety within the Australian agricultural sector, WFI Insurance has announced a partnership with Farmsafe Australia. This collaboration is designed to raise awareness about farming hazards and advocate for the adoption of safer work practices among farmers. - read more
Argis Underwriting Partners with Pacific International to Expand Farm Insurance Offerings
Argis Underwriting Partners with Pacific International to Expand Farm Insurance Offerings
16 Dec 2025: Paige Estritori
Argis Underwriting has announced a new partnership with Newcastle-based Pacific International Insurance, enabling the company to resume offering farm insurance coverage across Australia. This development comes after Argis ceased providing new business and renewal terms on its Farm Extra Insurance in April, following the conclusion of a five-year arrangement with HDI Global Specialty. - read more


Hospitality Insurance Articles

Essential Insurance Types Every Cafe Owner Should Consider
Essential Insurance Types Every Cafe Owner Should Consider
Running a cafe is more than just serving delightful coffee and snacks; it's about creating an experience and ensuring that experience is safeguarded. While the hospitality industry can be incredibly rewarding, it's not without its risks. This is where the importance of insurance comes into play, acting as a crucial safety net for cafe owners. - read more
What Hospitality Business Owners Need to Know About Income Protection Insurance
What Hospitality Business Owners Need to Know About Income Protection Insurance
The Australian hospitality industry is renowned for its vibrancy, yet it also faces significant challenges. With fluctuating demand, seasonal changes, and unpredictable external factors such as economic downturns and pandemics, hospitality businesses often operate in a high-risk environment. For hotel operators, the stakes are even higher due to substantial investments in property, staff, and customer service. - read more
Understanding Hospitality Insurance: Considerations for Aussie Business Owners
Understanding Hospitality Insurance: Considerations for Aussie Business Owners
Hospitality insurance is a crucial component for businesses within the hospitality sector, offering coverage for a range of incidents that could potentially derail operations. It's designed to protect establishments like hotels, restaurants, and event venues from various risks such as liability claims, property damage, and interruption of services. - read more
Tips for Finding the Best Hospitality Insurance Coverage
Tips for Finding the Best Hospitality Insurance Coverage
Tailored insurance is a type of insurance policy that's specifically designed to meet the unique needs of a particular business or industry. Unlike one-size-fits-all policies, tailored insurance provides a more customized approach, ensuring that the coverage fits the specific risks and requirements of the business. - read more
Why Tailored Insurance is Essential for Your Hospitality Business
Why Tailored Insurance is Essential for Your Hospitality Business
In the bustling world of hospitality, the right insurance can make all the difference for your business. Tailored insurance, as the name suggests, involves customising your insurance policy to meet the specific needs and risks associated with your industry. This personalised approach ensures that you are not overpaying for unnecessary coverage while also safeguarding your business against potential threats. - read more


Your free hospitality insurance quote comparison starts here!
First Name:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Knowledgebase
Policyholder:
The individual or entity who owns the insurance policy.