Tokio Marine buys IAG specialist agency

02 July 2019

IAG has sold its Accident and Health International Underwriting agency to Tokio Marine Management...

IBNA quits AIMS to join Steadfast

26 June 2019

The Insurance Brokers Network of Australia – part of the AIMS joint venture – is splitting up with Austbrokers and moving across to the Steadfast network...

AUB and Insurance Advisernet launch new venture

20 June 2019

AUB Group and Insurance Advisernet have set up a new joint venture to acquire non-controlling shareholdings in the authorised representative network's members in Australia and New Zealand...

Suncorp CEO Michael Cameron steps down

27 May 2019

Suncorp CEO Michael Cameron has stepped down after almost four years in the top role and seven years as a board member…

Dwyer steps down as PSC MD

13 May 2019

PSC Insurance Group has appointed Tony Robinson as MD following a decision by Paul Dwyer to step down from the role…

Suncorp confirms Resilium sale

25 March 2019

Suncorp will sell its authorised representative network, Resilium, through a management buyout led by Adrian Kitchin, the company said today…

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”…

Aon considers bid for Willis Towers Watson

06 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…

Hayne calls for general insurance commissions review

04 February 2019

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

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…

WTW appoints Simon Weaver as Head of Australasia

07 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.

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... 

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...

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...

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”...

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…

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…

Steadfast acquires Australia’s largest AR network

09 October 2018

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

Insurers fight misconduct accusations

03 October 2018

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

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…