insuranceNEWS.com.au - Corporate

Sure bumps up strata limits in crisis-hit market

Mon, 15 Apr 2024 04:26:25 GMT

Sure Insurance is raising its sum insured limit for residential strata to $20 million from $5 million in northern and regional Queensland...

Eric receives interest from buyers as run-off continues

Mon, 15 Apr 2024 04:26:10 GMT

Motor add-on specialist Eric Insurance says run-off of its portfolio is on track and it has received unsolicited expressions of interest to buy the business...

RAA, RAC win customer satisfaction awards

Mon, 15 Apr 2024 04:21:53 GMT

Motor mutual clubs RAA and RAC have taken top insurance honours in an annual Roy Morgan customer satisfaction survey...

Wotton + Kearney moves into Singapore

Mon, 15 Apr 2024 04:10:26 GMT

Insurance law firm Wotton + Kearney will open an office in Singapore in June, marking the Australian group’s first operation in mainland Asia...

IAG issues apology, back-pays staff after breaches

Mon, 08 Apr 2024 04:59:45 GMT

IAG has back-paid staff more than $37 million following past underpayments and has published an apology on its website as part of an enforceable undertaking with the Fair Work Ombudsman...

Canopius appoints Asia-Pacific CEO

Mon, 08 Apr 2024 04:24:37 GMT

Canopius Group has recruited AIG executive Soon Keen Lee as CEO of Asia-Pacific and the Middle East and North Africa...

Clayton Utz veteran joins IAG as legal head

Mon, 08 Apr 2024 04:24:24 GMT

Former Clayton Utz chief executive partner and board member Robert Cutler has joined IAG as its Group General Counsel...

HDI Global hails Australian growth

Mon, 08 Apr 2024 04:24:03 GMT

Industrial insurer HDI Global says its Australian business grew profitably in a competitive market last year and the outlook is positive...

IAG confirms New Zealand risk chief role

Mon, 08 Apr 2024 04:23:39 GMT

IAG New Zealand has appointed Rachael O’Brien as Chief Risk Officer, effective from July...

Newline expands with Sydney office, appoints PI Head

Mon, 25 Mar 2024 02:33:24 GMT

Specialty insurer Newline Group is expanding its Australian operations with the opening of a Sydney office and the appointment of Nicholas Beswick as Head of Professional Indemnity...

Ferrari launches insurance at Australian Grand Prix

Mon, 25 Mar 2024 02:32:39 GMT

Ferrari Australasia on Thursday launched a new insurance offer at an event with clients, coinciding with the opening of the Formula 1 Australian Grand Prix 2024 in Melbourne...

AM Best issues final assessment of Hollard

Mon, 25 Mar 2024 02:31:58 GMT

AM Best has withdrawn its credit ratings of The Hollard Insurance Company after the insurer requested to no longer participate in the interactive assessment process...

QBE Foundation provides investment for Indigenous grant

Mon, 25 Mar 2024 02:31:13 GMT

The QBE Foundation has announced a $500,000 seed capital grant to First Australians Capital to help support Indigenous-owned businesses...

Johns Lyng names new company secretary

Mon, 25 Mar 2024 02:30:40 GMT

Johns Lyng Group has appointed Lisa Dadswell as Company Secretary, replacing Shannon Coates who resigned this month...

Agile syndicate confirmed for April launch

Mon, 18 Mar 2024 04:00:00 GMT

The launch of Agile’s new Lloyd’s syndicate has been confirmed by managing agent Asta, subject to regulatory approvals...

‘Hot property’: PSC in discussions with potential buyers

Mon, 18 Mar 2024 03:36:01 GMT

Australia’s large broking companies are “hot property”, but the extraordinary success they have achieved over the past few years could restrict the number of potential acquirers, analysts say...

Australia chips in as Canopius profit jumps

Mon, 18 Mar 2024 03:29:47 GMT

Canopius Group’s full-year profit after tax surged to $US363 million from $US129 million previously, with Australia making a strong contribution as part of the Asia-Pacific region...

Allianz recruits champion swimmer as Olympic ambassador

Mon, 18 Mar 2024 03:29:30 GMT

Allianz Australia has added Australian gold medallist and champion swimmer Mollie O’Callaghan as its newest Olympic ambassador...

‘Inadequate controls’: regulator acts on Tower policy discounts

Mon, 11 Mar 2024 02:21:27 GMT

New Zealand’s Financial Markets Authority has filed civil proceedings against insurer Tower over a failure to correctly apply multipolicy discounts...

NRMA Insurance revamps customer experience through partnership

Mon, 11 Mar 2024 02:21:26 GMT

IAG-subsidiary NRMA Insurance has announced a partnership with digital creative firm Accenture Song, focused on improving its “end-to-end” branding and customer experience...