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Wed, March 5, 2025
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Buying IAG shares? Here's how the insurer is preparing for Cyclone Alfred


Published on 2025-03-05 06:01:36 - MSN
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  • IAG is gearing up to assist customers impacted by incoming Tropical Cyclone Alfred. The post Buying IAG shares? Here's how the insurer is preparing for Cyclone Alfred appeared first on The Motley Fool Australia.

The article from MSN discusses how Insurance Australia Group (IAG) is preparing for the impact of Cyclone Alfred, which is expected to bring severe weather conditions to Queensland and the Northern Territory. IAG, one of Australia's largest insurers, has been actively preparing by mobilizing its catastrophe response team to manage claims efficiently. The company has also been advising customers on how to prepare for the cyclone, including securing properties and documenting assets. IAG's preparation includes setting up a dedicated claims hotline and ensuring that there are enough resources to handle an influx of claims. The article highlights the proactive measures taken by IAG to mitigate the effects of the cyclone, emphasizing the importance of readiness and customer support during natural disasters.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/lifestyle/other/buying-iag-shares-here-s-how-the-insurer-is-preparing-for-cyclone-alfred/ar-AA1Ag8Lv ]