CBL holds onto financial strength rating
19 June 2017
AM Best has affirmed the A- (excellent) financial strength rating of New Zealand-based CBL Insurance and says the company’s outlook is stable…
Corporate
Chubb appoints non-executive chairman
19 June 2017
Chubb Insurance Australia has appointed Rod McGeoch as Non-Executive Chairman and independent director…
ATL, Hello Claims agree taxi tie-up
19 June 2017
NSW-based digital claims management business Hello Claims will manage the claims of ATL Insurance Group’s taxi business nationwide under a three-year partnership announced today…
Mitsui backs more Community Underwriting lines
19 June 2017
Community Underwriting will continue expanding its offerings to non-profit clients and their brokers after entering a binding authority agreement with Mitsui Sumitomo Insurance Company…
Steadfast moves into global arena with Unison deal
13 June 2017
Steadfast’s decision to buy a non-controlling stake in Hamburg-based unisonBrokers for an undisclosed price is another stop in a strategy to expand its international business opportunities…
New Ironshore MD retains regional role
13 June 2017
William Lewis will continue as the Asia-Pacific Head of Mergers and Acquisitions for specialist global insurer Ironshore after taking up his new role as the company’s Australian MD…
Swiss Re names new corporate CEO for region
13 June 2017
Swiss Re Corporate Solutions has appointed Melanie Slack as CEO Australia and New Zealand, effective immediately…
Broker search engine prepares to go live
13 June 2017
Insurtech Manner is confident its platform designed to help brokers search for underwriters will resonate with the industry when commercial operations begin next month…
QBE sets up in Brussels as Brexit nears
13 June 2017
QBE will locate its new European subsidiary in Brussels under preparations for the UK’s exit from the European Union…
IAG buys more catastrophe reinsurance
13 June 2017
IAG has purchased an additional $1 billion of gross catastrophe protection in excess of its existing catastrophe tower of up to $7 billion…
Zurich launches claims tracking tool
13 June 2017
Zurich has introduced a tool to help motor fleet clients and brokers keep track of their claims…
XL Catlin launches environmental protection policy
13 June 2017
XL Catlin has introduced a new policy protecting Asia-Pacific property owners from their increasing exposure to environmental liabilities…
AIG bails on Australian aviation business
05 June 2017
AIG has pulled out of the Australian and New Zealand aviation market, citing a strategic review of market conditions and an underperforming portfolio…
AI to speed motor claims: Suncorp
05 June 2017
Suncorp plans to use artificial intelligence to determine liability in car accidents, helping to speed the claims process and reduce claims costs…
BizCover signs Comparethemarket.com.au white-label deal
05 June 2017
BizCover’s business insurance products are now available on the Comparethemarket comparison site, as the two companies step up their efforts to reach SMEs…
iSelect adds pet products through Hollard tie-up
05 June 2017
iSelect is offering Hollard-backed insurance for dogs and cats, as the comparator aims for a slice of the pet cover market, worth almost $500 million last year…
Law change lets CBL step in to help builders
05 June 2017
New Zealand-based CBL Corporation is offering retention bonds to building companies following changes to rules governing retention payments in the construction industry…
Allianz shuffles deck with Worldwide Partners business
05 June 2017
Allianz Global Automotive, Allianz Global Assistance and Allianz Worldwide Care are now housed under one roof as Allianz Worldwide Partners…
BMS flags ‘significant investment’ in market
29 May 2017
Global broker BMS has outlined ambitious growth plans for Australia…
Tower suffers first-half loss as catastrophes bite
29 May 2017
Takeover target Tower has reported a half-year loss of $NZ8.2 million, with its result hit by the Canterbury and Kaikoura earthquakes, the “Tasman Tempest” storms and Port Hills fires…