NIBA CEO Phil Kewin set to depart in April

10 January 2024

The National Insurance Brokers Association says CEO Phil Kewin has resigned from the role and will leave the organisation in April...

Steadfast to acquire Queensland specialist Sure Insurance

16 November 2023

Steadfast has announced it will acquire a 70% equity interest in Queensland underwriting agency Sure Insurance for a deal including an upfront cash payment of $148.8 million...

NSW to ditch current insurance-funded Emergency Services Levy

16 November 2023

The NSW Labor Government says the state’s insurance-funded Emergency Services Levy is inefficient and unsustainable and it plans to ditch current arrangements and introduce a fairer system...

ANZIIF selects former politician as new CEO

20 October 2023

The Australian and New Zealand Institute of Insurance and Finance has appointed former New Zealand politician Katrina Shanks as its next CEO...

Steadfast expands into the US with acquisition

06 October 2023

Steadfast says it has acquired ISU Group, one of the largest privately owned independent insurance agency networks in the US, for $US55 million...

Marsh appoints Josh Roach as Pacific region head

06 September 2023

Marsh has announced that Josh Roach will become Pacific President from January, taking over from Nick Harris who will move to a senior role with the company in the UK...

Marsh to acquire Honan Insurance Group

21 August 2023

Global broking giant Marsh has agreed to acquire Melbourne-headquartered Honan Insurance Group...

ACCC rejects Suncorp Bank sale to ANZ

04 August 2023

The Australian Competition and Consumer Commission has rejected Suncorp’s plan to sell its banking business to ANZ in a proposed $4.9 billion deal, with the insurer saying it is "surprised and disappointed" by the decision...

AIG names new Australia CEO

21 July 2023

AIG has appointed Grant Cairns as CEO AIG Australia, and Head of Australia and New Zealand, based in Melbourne and effective from November...

Catholic Church Insurance ceases issuing renewals, new policies

30 May 2023

Catholic Church Insurance has announced today that it will cease issuing new or renewal policies and will voluntarily place the organisation into “run off” after it was unable to secure sufficient additional capital...

AUB, PSC ditch Tysers UK retail joint venture

18 May 2023

AUB Group and PSC Insurance Group will not proceed with the proposed Tysers UK retail joint venture, the two companies announced today...

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...