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Breaking News

Steadfast acquires premium funding operation

18 March 2019

Steadfast has acquired 100% of Macquarie Pacific Funding from Macquarie Bank, as it looks to take the business “to the next step”…

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Aon considers bid for Willis Towers Watson

6 March 2019

Aon says it is considering making an offer for rival Willis Towers Watson, in what could be the biggest merger in the global broking sector…

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Hayne calls for general insurance commissions review

4 February 2019

The Hayne royal commission has stopped short of calling for a ban on general insurance commissions, instead recommending a further review…

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AUB appoints Mike Emmett as its next CEO

24 January 2019

Former Cover-More CEO Mike Emmett will become CEO of AUB Group from March 11, taking over from Mark Searles…

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WTW appoints Simon Weaver as Head of Australasia

7 January 2019

Willis Towers Watson has appointed Simon Weaver as Head of Australasia in a change that brings the division’s management structure into line with other regions.

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Sydney hailstorm declared a catastrophe as claims pour in

21 December 2018

Insurers are bracing for losses of hundreds of millions of dollars from last night’s Sydney hailstorm, which has been declared a catastrophe by the Insurance Council of Australia... 

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ICA condemns Fels ‘loyalty tax’ claims

21 December 2018

The Insurance Council of Australia has hit back hard at “reckless comments” by NSW Emergency Services Levy Insurance Monitor Allan Fels that renewing policyholders are charged a “loyalty tax” in the form of higher premiums...

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Northern Australia inquiry: ACCC calls for commission ban

18 December 2018

The Australian Competition and Consumer Commission's Northern Australia Insurance Inquiry has recommended banning broker commissions, abolishing stamp duties on policies and looking again at a comparison website as part of measures to tackle affordability issues...

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Zurich reorganises to ‘enhance broker focus’

27 November 2018

Zurich Australia has shaken up its leadership structure to “strengthen and enhance its core focus on the commercial intermediated insurance market”...

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QBE cuts key managers in major restructure

15 November 2018

QBE has made “a number of roles” redundant in its Australian business as it moves to a new divisional structure…

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QBE brings operations together to cut costs

31 October 2018

QBE is carving up its Singapore-based Asia Pacific division and merging it with its other existing divisions…

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Steadfast acquires Australia’s largest AR network

9 October 2018

Steadfast has announced the acquisition of IAG-owned authorised representative group Community Broker Network for an undisclosed sum…

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Insurers fight misconduct accusations

3 October 2018

Insurers have hit back at allegations of misconduct made during the Hayne royal commission hearings…

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Key royal commission document released early

26 September 2018

The Hayne royal commission will consider whether the current regulatory regime for insurance is “adequate to minimise consumer detriment”, documents released today reveal…

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Marsh & McLennan to buy rival JLT

18 September 2018

Marsh & McLennan Companies says it will buy UK-based rival broker Jardine Lloyd Thompson Group for a cash consideration equivalent to $US5.6 billion…

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John Neal to lead Lloyd's

8 September 2018

Former QBE boss John Neal has been appointed Lloyd’s CEO, and will start on October 15...

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Frank Costigan heads to QBE

6 September 2018

Youi CEO Frank Costigan will join QBE in November as EGM Consumer & Retail Partnerships…

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Cover–More confirms CEO exit

6 September 2018

Mike Emmett is stepping down from his position as CEO of Zurich-owned travel insurer Cover-More and will leave the company by the end of the year…

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Chubb wins NIBA Insurer of the Year award

4 September 2018

Chubb has been named General Insurer of the Year at the National Insurance Brokers Association Convention in Hobart today...

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Searles announces AUB exit

27 August 2018

AUB Group CEO and MD Mark Searles will leave the broking and risk solutions network next year to pursue a “non-executive career”…

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