Corporate
‘We’re not the bad guys’: Claimo rejects blame for Eric failure
20 October 2025
Refund specialist Claimo says it will not accept responsibility for the failure of motor add-on group Eric, despite an administrators’ report stating it was a string of complaints and associated fees that brought down the insurer...
Insurance buyout drives up RAA bottom line
20 October 2025
SA motoring group RAA’s after-tax profit jumped to $276.1 million last financial year due to an upfront payment from the deal to sell its insurance underwriting operations to Allianz...
Allianz holds onto biggest brand crown
20 October 2025
Allianz has been named the world’s top insurance brand for the seventh year running...
Castle flags positive response since launch
20 October 2025
Castle Insurance MD Bradley Heath says broker uptake of the group’s home, contents and landlord products has been “enormously encouraging”...
‘So many new CEOs’: broker talent war breaks out
13 October 2025
A string of new local leaders at the major international brokerages is turbocharging an already competitive recruitment market, experts say...
Steadfast unveils new specialty agency
13 October 2025
Steadfast has today launched Prevail, a multiline high net worth and farming specialist that brings together three long-standing underwriting agencies – Mansions, Dawes and Argis...
Court approves Johns Lyng takeover
13 October 2025
The Supreme Court of NSW today gave its approval for Johns Lyng Group’s takeover by Pacific Equity Partners, after the building company’s shareholders last week backed the move...
Liberty overhauls financial institution cover
13 October 2025
Liberty Specialty Markets has responded to legislative changes with new policy wordings for Australian financial services company covers...
NZ court hits IAG with ‘significant’ penalty for pricing breaches
06 October 2025
IAG New Zealand has been penalised $NZ19.5 million ($17.2 million) for pricing failures that affected about 269,000 customers...
MB picks up former Steadfast agencies manager
06 October 2025
Chris Quick has been appointed head of strategy and business development at underwriting agency MB Insurance, which is expanding in the prestige motor market...
Lloyd’s faces leadership shake-up as Mackinnon leaves
06 October 2025
Lloyd’s will lose a “core member” of its commercial leadership team next April when Chris Mackinnon departs...
Marsh names corporate and commercial region head
06 October 2025
Marsh has filled its Pacific head of corporate and commercial position after Johannes D Veldsman moved to join rival brokerage Gallagher...
RACQ says sorry over ‘false’ comparison prices
29 September 2025
RACQ Insurance has apologised for a renewal notice transparency failure that has led the corporate regulator to launch Federal Court action alleging false or misleading representations...
New Suncorp chair to ‘build on strong foundations’
29 September 2025
Suncorp director Duncan West has taken over as chair, replacing Christine McLoughlin, who left following Friday’s annual general meeting...
RAC insists IAG deal is best option, as profit rises
29 September 2025
WA motoring club RAC Group says the sale of its insurance arm to IAG offers the “best path forward” for the business after the competition watchdog raised concerns over the $1.35 billion deal...
Regulator’s court action over Eric ends
29 September 2025
The Federal Court has agreed that a regulatory move to wind up Eric Insurance should be discontinued after creditors approved an alternative pathway...
Tower hails ‘stable excesses and lower pricing' on reinsurance
29 September 2025
New Zealand insurer Tower says it has secured lower prices and favourable terms for its 2025-26 reinsurance program...
Tributes paid after broking leader dies
22 September 2025
WTW says it is “deeply saddened” by the death of its Asia-Pacific CFO Greg Vlahos...
Youi targets direct gains after Blue Zebra exit
22 September 2025
Youi is focused on expanding its direct personal lines business after exiting the broking space, South African parent company Outsurance Holdings says...
Eric creditors back ‘superior’ alternative to liquidation
22 September 2025
Eric Insurance’s creditors have voted for a deed of company arrangement as an alternative to it entering liquidation...