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…
Corporate
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…
Sale reduces Beazley’s local presence
29 May 2017
Global specialty insurer Beazley has drastically reduced its Australian presence with the sale of its accident and health portfolio…
QBE recruits CFO from Commonwealth Bank
29 May 2017
QBE has appointed Michael Ford as Group CFO to succeed Pat Regan, who is now CEO of Australian and New Zealand Operations…
Premium Funding hails payment facility success
29 May 2017
Premium Funding says its “game-changing” Pay By The Month facility has been a big hit with brokers since its launch in April last year…
Swiss Re opens P&C underwriting hub
29 May 2017
Swiss Re has set up a combined property and casualty underwriting hub for Asia-Pacific, to tap into the region’s well-documented growth prospects…
S&P positive about ‘very strong’ QBE
29 May 2017
S&P Global Ratings retains a positive outlook for QBE based on an improvement in the group’s operating performance over the past 12 months and its “very strong” capital position…
Suncorp opens second concept store
29 May 2017
Suncorp has chosen the Brisbane suburb of Carindale as the site of its second concept store, after last December introducing the retail format at Sydney’s Parramatta Westfield centre…
Suncorp rewards 31,000 customers for cyclone mitigation
22 May 2017
Suncorp has cut the premiums of 31,000 customers in northern Australia after they made their homes more cyclone-resilient under the insurer’s Protecting the North initiative…
Broker calls in the administrators
22 May 2017
Perth-based National Franchise Insurance Brokers, a Steadfast member, has entered administration…
QBE to improve smash repair network
22 May 2017
After a review of its motor claims division, QBE has released a “request for proposal” for smash repairers to join its network in metropolitan Sydney, Melbourne, Brisbane and Canberra…
Ruralco’s stake in Ausure pays off
22 May 2017
Agribusiness Ruralco, which owns a 50% interest in joint venture Ausure Consolidated Brokers, grew its net profit by 15% to $12.4 million in the half-year to March 31…
Stream reports $14 million loss
22 May 2017
Troubled claims services company Stream Group has reported a net loss of $14.25 million for the 12 months to June 30 last year…
QBE shifts to ‘Brexit-friendly’ structure
22 May 2017
QBE European Operations has made a series of changes in preparation for the post-Brexit business landscape…
Ensurance products debut on comparator
22 May 2017
Ensurance’s home and contents products are now available on comparison website Comparethemarket.com.au…