IAG happy with repair quality
21 November 2016
IAG says it will not rest on its laurels after an internal report gave its repair programs for property and motor near-perfect scores in 2015/16…
Corporate
BHSI, Cover-More close on underwriting deal
14 November 2016
Berkshire Hathaway Speciality Insurance is close to replacing Great Lakes Australia as primary underwriter for travel insurer Cover-More in Australia and New Zealand…
Youi flags Australian ‘sales breaches’
14 November 2016
Youi’s Australian arm has engaged in “sales breaches” similar to those its New Zealand business recently admitted, parent company Outsurance Holdings says…
AAMI rejects Wye River underquoting criticism
14 November 2016
Suncorp subsidiary AAMI has rejected criticism that it is underquoting rebuilding costs and delaying construction for properties destroyed in the Wye River bushfires last December…
Talbot’s new MD takes over
14 November 2016
Former Catlin Australia chief Andrew Case started his new role as Talbot Underwriting Australia MD today…
Sportscover platform helps brokers pick up pace
14 November 2016
Specialist sports underwriting agency Sportscover has introduced a digital platform that lets brokers obtain instant quotes, bind risks and download policy documentation online – marking a first for Australiam sports insurance…
Cover-More remodels as earnings slump
14 November 2016
Travel insurer Cover-More has outlined changes to its operating model in a bid to reverse its fortunes following a 27.5% drop in net profit to $18.7 million last financial year…
iSelect defends comparator model
07 November 2016
iSelect has defended its business model after insurance comparators came under fire from industry heavyweights who refuse to work with them…
AIG brings environmental response to Australia
07 November 2016
Global insurance giant AIG has expanded its Pollution Incident and Environmental Response (PIER) 24-hour support service to clients in Australia…
Ace fades away as Chubb merger complete
07 November 2016
Chubb has started operating as a single insurance company in Australia following the merger with Ace…
ICPS recruits as consultancy grows
07 November 2016
Brisbane-based insurance claims building and engineering consultant ICPS Australia has appointed five new employees…
Mining state mortgage defaults hit Genworth earnings
07 November 2016
Genworth Mortgage Insurance Australia says net profit dropped 28.7% to $46.7 million in the third quarter, as loan delinquencies in mining states hit performance…
Liberty Financial names ex-IAG strategy head as director
07 November 2016
Specialty finance company Liberty Financial has appointed Leona Murphy as an independent non-executive director…
Steadfast on budget and waiting for cycle to turn
31 October 2016
Steadfast says its first quarter was in line with budget and the company is well placed to seize on improved market conditions next year…
QBE board welcomes former IAG boss
31 October 2016
QBE has appointed former IAG MD and CEO Mike Wilkins as a non-executive director, effective tomorrow…
XL Catlin restructures
31 October 2016
A global restructure of XL Catlin will boost innovation and decision-making processes in the Australian operation, according to Regional CEO Asia-Pacific Craig Langham…
IAG cleared to consolidate licences
31 October 2016
IAG is moving ahead with plans to reduce the number of general insurance licences it holds from nine to two, after receiving Federal Court clearance…
Centrepoint talks up premium funding prospects
31 October 2016
Centrepoint Alliance insists its premium funding arm has a future with the company, despite speculation it is up for sale…
Court applies ‘common fund’ clause to QBE class action
31 October 2016
Claimants in the QBE open class action must pay to file the lawsuit regardless of whether they have signed up with the litigation’s funder, following a Federal Court ruling…
NTI introduces enhanced product suite
31 October 2016
National Transport Insurance has responded to broker demand by improving its transport and mobile plant and equipment suite, and introducing a new carrier’s cargo product…