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...
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...
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...
19 December 2022
The NSW Supreme Court has found in favour of JLT in a class action launched over local government insurance mutuals...
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...
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...
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...
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...
17 August 2022
Steadfast Group has entered into an agreement to acquire Insurance Brands Australia (IBA) for $301 million, the company said today...
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...
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...
09 May 2022
AUB Group has entered into an agreement to acquire UK-based Lloyd’s wholesale broker Tysers for $880 million...
09 May 2022
Leading broker Graham Stevens has died in Melbourne after a battle with cancer...
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...
21 February 2022
Zurich Insurance Group CEO Mario Greco says the company’s Australian operations are not for sale...
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...
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...
16 August 2021
Steadfast has acquired Coverforce, one of Australia’s largest privately owned insurance brokers, for $411.5 million...
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...
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...
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...