IAG announces departure of key executives

09 May 2023

IAG CFO Michelle McPherson will retire by the end of the calendar year and Chief Insurance and Strategy Officer Tim Plant will leave at the end of next month, the company said today...

Agencies incubator launches with US investor backing

27 February 2023

Underwriting agencies incubator Rhodian, co-founded by Simon Lightbody, has launched with US-based specialty wholesale distributor Amwins taking a minority stake in the business...

JLT wins NSW Supreme Court class action

19 December 2022

The NSW Supreme Court has found in favour of JLT in a class action launched over local government insurance mutuals...

AIG Australia CEO Nigel Fitzgerald to become Steadfast COO

16 December 2022

AIG Australia CEO Nigel Fitzgerald will leave the company to join Steadfast as COO, effective from the second quarter of next year...

Giant UK broker swoops for Australia's Envest

23 November 2022

The UK’s largest independent broker, Ardonagh Group, has agreed to acquire Australian insurance investment and distribution business Envest for $482 million...

It's over: High Court refuses second BI test case appeal applications

14 October 2022

The High Court of Australia has today declined three appeal applications arising from the Insurance Council of Australia second test case over business interruption cover during the pandemic...

360 Underwriting names QBE's Jason Clarke as Australia CEO

25 August 2022

360 Underwriting Solutions says Jason Clarke has been appointed as CEO of its Australian business, joining from QBE where he has held several senior roles during a 32-year career with the insurer...

Steadfast to acquire Insurance Brands Australia

17 August 2022

Steadfast Group has entered into an agreement to acquire Insurance Brands Australia (IBA) for $301 million, the company said today...

Suncorp sells bank for $4.9 billion

18 July 2022

Suncorp has signed an agreement to sell its banking business to ANZ for $4.9 billion, focusing the company on its insurance operations in Australia and New Zealand...

Cyclone pool modelling to be released today, savings 'overhyped'

30 June 2022

The previous federal government misled the public on the level of savings that will be achieved by the upcoming cyclone reinsurance pool, Financial Services Minister Stephen Jones will announce today...

AUB to acquire Lloyd's wholesale broker Tysers

09 May 2022

AUB Group has entered into an agreement to acquire UK-based Lloyd’s wholesale broker Tysers for $880 million...

Graham Stevens dies

09 May 2022

Leading broker Graham Stevens has died in Melbourne after a battle with cancer...

Full Court backs insurers on BI appeal

21 February 2022

The Full Court has largely upheld the findings of an earlier Federal Court decision in the appeal over business interruption cover during the covid pandemic...

Zurich's Australia operations 'not for sale'

21 February 2022

Zurich Insurance Group CEO Mario Greco says the company’s Australian operations are not for sale...

Are we ok? Wellness Survey results revealed

15 October 2021

The COVID-19 pandemic and associated restrictions have left more than a quarter of insurance industry professionals so worried about their mental health that they have considered or sought out expert help...

COVID test case judgment: insurers win the day

08 October 2021

The Federal Court today found in favour of insurers on the vast majority of issues in the second business interruption test case on COVID-19 claims – but an appeal looms...

Steadfast acquires Coverforce in $411.5 million deal

16 August 2021

Steadfast has acquired Coverforce, one of Australia’s largest privately owned insurance brokers, for $411.5 million...

It's off: Aon/WTW merger axed

27 July 2021

The mega-merger that would have created the biggest insurance brokerage in the world has been abandoned, with Aon paying Willis Towers Watson a $US1 billion termination fee...

Zurich’s Plant takes up senior role at IAG

20 July 2021

Zurich Australia General Insurance CEO Tim Plant is leaving the business to join IAG as Chief Insurance and Strategy Officer before the end of the year...

NIBA names Philip Kewin as CEO

06 July 2021

The National Insurance Brokers Association says Philip Kewin will become the group’s new CEO following the retirement of Dallas Booth later this year...