XL Catlin targets cyber risks as breach rules tighten
24 July 2017
XL Catlin has introduced a cyber and data protection policy in the Asia-Pacific region as governments impose more stringent regulations that raise the stakes for companies…
Corporate
IAG licence changes approved
24 July 2017
IAG will consolidate its nine Australian general insurance licences into two after receiving approval from the Federal Court of Australia…
GSA opens finance broking division
24 July 2017
Sydney-based GSA Insurance Brokers has started offering finance broking, in response to feedback from clients…
Gallagher chief targets top spot through rapid growth
17 July 2017
New Arthur J Gallagher Australia CEO Sarah Lyons wants the brokerage to be the biggest in the country…
AM Best raises QBE credit ratings
17 July 2017
AM Best has upgraded the long-term issuer credit ratings of QBE subsidiaries from a to a+ and affirmed their financial strength ratings at A…
Tower appoints adviser for Vero offer
17 July 2017
New Zealand insurer Tower has appointed advisory firm Northington Partners to prepare an independent expert’s report on Suncorp’s improved takeover offer…
CBL bolsters European business with Irish deal
17 July 2017
CBL Corporation has taken a 40% stake in Dublin-based captive insurance group Allied Risk Holdings, stepping up its post-Brexit game plan…
Miner secures $64.3 million BI settlement
17 July 2017
Miner Mount Gibson Iron has reached agreement on a $64.3 million settlement for business interruption caused by the failure of the Koolan Island main pit seawall in WA…
CHU expands strata offerings
17 July 2017
CHU Underwriting Agencies has introduced new policies covering contents and landlords for strata properties…
HDI hails role on major NZ road project
17 July 2017
HDI Global has successfully led an insurance consortium providing cover for the five-year, $NZ1.4 billion Waterview Connection road project, which opened to commuters in Auckland early this month…
SAI begins CEO transition
17 July 2017
New SAI Global CEO Peter Granat starts in the job today, taking over from Peter Mullins, who is retiring after more than two years running the risk management group…
RACQ goes vintage with new motor product
17 July 2017
RACQ Insurance has introduced a new cover for vintage, prestige, classic and high-performance cars and motorbikes…
Netball champ joins Sportscover board
17 July 2017
Former Australian netball star Cheryl McCormack has been appointed a non-executive director of Sportscover Australia…
Allianz duo thank their boss as they go it alone
10 July 2017
Allianz GM Commercial Denis Morrissey has praised the company’s local management for supporting his decision to buy an independent underwriting agency with National Manager Key Partners Chris Lynch…
Coverforce buys into Leed for WA push
10 July 2017
Coverforce has become co-owner of Leed Insurance Group, acquiring a 50% stake in the Perth-based brokerage…
Travel insurers act on mental illness exclusions
10 July 2017
QBE and Cover-More have removed mental health exclusions from their travel insurance policies, in a major departure from the industry’s standard position on such illness…
Belinda Scott takes reins at BJS
10 July 2017
Belinda Scott has succeeded Bill de Vos as the MD of national brokerage BJS…
McDonald steps up at Protecsure
10 July 2017
Gabriele McDonald has become MD of Steadfast-affiliated underwriting agency Protecsure, taking over from Tony Mitchell…
SSP moves NZ customers to local data host
10 July 2017
Insurance technology group SSP has completed the migration of its New Zealand broker customers to a regional data-hosting system, following service disruptions last year caused by problems at a UK facility…
Suncorp passes halfway mark on Debbie claims
10 July 2017
Suncorp has finalised more than half of its Cyclone Debbie-related claims, three months after the storm struck northern NSW and Queensland…