Recoveries Group names new CEO
11 September 2017
Nicholas Harrak will become CEO of Recoveries Corporation from November 1, replacing co-founder, MD and CEO David Mond…
Corporate
Hollard targets SME sector through Calibre acquisition
04 September 2017
Hollard has doubled its presence in the intermediated SME sector through the acquisition of Calibre Commercial Insurance…
Corkery leaves Sura
04 September 2017
AUB-owned specialist underwriting agency group Sura has announced the departure of the leader of two of its businesses…
Motor repairs drive up Tower claims costs
04 September 2017
Claims costs for Tower’s New Zealand business, excluding large loss events, are about $NZ1.9 million ($1.72 million) higher than last year, the insurer says in an update covering the four months to July 31…
Sports Underwriting chief steps down
04 September 2017
Sports Underwriting MD and founder Steve Gilbert has stepped down and handed the reins to Warren Mills, who has been with the business eight years…
Rural Affinity switches to Talbot
04 September 2017
Specialist agriculture underwriting agency Rural Affinity’s products will be underwritten by Talbot Underwriting Australia, which operates in the Lloyd’s insurance market, from October 8…
Friendsurance rolls out bike policy for Australia
04 September 2017
Friendsurance Australia has introduced the country’s first peer-to-peer insurance product – a comprehensive bike cover…
Zurich makes board appointments
04 September 2017
Zurich Australia has added John Mulcahy and Kevin Wright to its board…
Suncorp staff settle into flexible workspace
04 September 2017
Employees at Suncorp’s new Sydney office can choose how and where they work, and have access to yoga spaces, stand-up desks and a lounge area…
AUB predicts earnings lift after stronger annual result
28 August 2017
AUB Group forecasts its earnings will increase 5-10% this financial year after a stronger performance across all operating divisions in the past year…
‘Big beast’ Steadfast hails record result
28 August 2017
Steadfast has posted its fourth consecutive set of record results, as premium prices start to rise…
IAG acts on claims cost as margin takes hit
28 August 2017
IAG says it is working to address the claims cost pressures that affected its insurance margin last financial year…
Vero appeals Tower takeover block
28 August 2017
Suncorp subsidiary Vero New Zealand will appeal against the Commerce Commission’s decision to decline its application to acquire 100% of insurer Tower…
Acquisitions pay off as PSC profit soars
28 August 2017
PSC Insurance Group aims to build on the momentum created by its strong earnings result last financial year, with net profit almost doubling to $19.7 million…
CBL reports premium growth
28 August 2017
New Zealand-based global specialist insurer CBL has reported gross written premium for the six months to June 30 of $NZ204.5 million, up 28.7% on the corresponding period last year…
Ansvar GWP jumps on new business gains
28 August 2017
Ansvar Australia’s gross written premium (GWP) grew 49% to £26.86 million in the first half, according to results from parent company Ecclesiastical…
Huddle unveils automated claims tech
28 August 2017
Insurance disruptor Huddle says its “instant claims” process will help reduce fraud…
Gallagher Bassett secures NT self-insurance role
28 August 2017
Gallagher Bassett has won a public tender to provide self-insurance claims management and return-to-work services to all NT Government staff…
Suncorp-owned repairer buys NZ unit
28 August 2017
Melbourne-based crash repairer Capital Smart, which is majority-owned by Suncorp, has acquired the East Auckland Body and Paint facility from Honda New Zealand for an undisclosed sum…
QBE profit rises despite emerging markets blowout
21 August 2017
QBE has reported a net profit of $US345 million for the six months to June 30, up 30% on the corresponding period last year…