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…
Breaking News
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…
Marsh & McLennan to buy rival JLT
18 September 2018
Marsh & McLennan Companies says it will buy UK-based rival broker Jardine Lloyd Thompson Group for a cash consideration equivalent to $US5.6 billion…
John Neal to lead Lloyd's
08 September 2018
Former QBE boss John Neal has been appointed Lloyd’s CEO, and will start on October 15...
Frank Costigan heads to QBE
06 September 2018
Youi CEO Frank Costigan will join QBE in November as EGM Consumer & Retail Partnerships…
Cover–More confirms CEO exit
06 September 2018
Mike Emmett is stepping down from his position as CEO of Zurich-owned travel insurer Cover-More and will leave the company by the end of the year…
Chubb wins NIBA Insurer of the Year award
04 September 2018
Chubb has been named General Insurer of the Year at the National Insurance Brokers Association Convention in Hobart today...
Searles announces AUB exit
27 August 2018
AUB Group CEO and MD Mark Searles will leave the broking and risk solutions network next year to pursue a “non-executive career”…
Suncorp to sell life business for $725 million
09 August 2018
Suncorp will sell its Australian life insurance business to TAL Dai-ichi Life for about $725 million after announcing early last year that it was reviewing the future of the business…