Cameron vows to tackle Suncorp claims costs
26 September 2016
An increase in the cost of Suncorp’s working claims at the end of last financial year was “disappointing”, CEO Michael Cameron told the annual general meeting last Thursday…
Corporate
Cover-More enters trading halt
26 September 2016
Travel insurer Cover-More has been placed in a trading halt pending the announcement of a material acquisition and a capital-raising via an entitlement offer…
Steadfast strata subsidiary announces digital arm
26 September 2016
Steadfast-owned strata specialist Corporate Home Underwriting is to establish a digital arm to stamp its presence in the rapidly growing market created by insurtech…
Suncorp splits chief risk and legal positions
26 September 2016
Suncorp has separated its chief risk and legal officer roles under the latest changes to its executive team…
ATC appoints legal expert to operations role
26 September 2016
Lloyd’s coverholder and Australian-owned underwriting agency ATC Insurance Solutions has appointed Sampath Soysa to the new role of COO from November 2.
IAG veteran is new chief of Westcourt, NAS
19 September 2016
IAG has appointed long-serving manager Paul Ayton as MD of authorised representative groups Westcourt General Insurance Brokers and National Adviser Services…
Ex-Willis chief joins JLT in specialty role
19 September 2016
Former Willis Towers Watson CEO Tony Barber will join JLT next year as Chairman of Specialty in Australia…
XL Catlin to keep Brooklyn brand after acquisition
19 September 2016
Specialist underwriting agency Brooklyn will trade under its own name as new owner XL Catlin looks to leverage the award-winning group’s strengths…
QBE recruits bancassurance, strategy chief
19 September 2016
QBE has appointed former HSBC CEO insurance Marcelo Teixeira as Global Head of Bancassurance and Head of Strategic Development for the emerging markets division…
Cover-More recruits a high-flyer
19 September 2016
Cover-More has appointed Judith Crompton to the new role of CEO Travel and Aviation, effective from November 14…
Western Pacific’s Canterbury claims assessment complete
19 September 2016
Western Pacific Insurance’s liquidator says all claims relating to the Canterbury earthquakes have now been assessed by loss adjusters…
Catastrophe data firm extends coverage to Australia
19 September 2016
Zurich-based catastrophe data company Perils has extended its market coverage to include Australia…
Tower director steps down
19 September 2016
New Zealand insurer Tower is seeking a director to replace Rebecca Dee-Bradbury, who resigned last Wednesday…
MGA plans Asian expansion
12 September 2016
MGA Insurance Brokers aims to expand into Laos and Myanmar within the next year, following the success of its Cambodian operation…
AHI names new leadership trio
12 September 2016
Accident and Health International has announced the appointments of Renato Foenander as Deputy CEO, Hugh Ross as COO and Wayne Anstiss as Chief Underwriting Officer…
Willis Towers Watson names Regional Counsel
12 September 2016
Willis Towers Watson has appointed Jon Downes as Regional Counsel for Australasia, taking over from Marigold Magnaye, who is now Head of Operations and Technology for the region…
Pen acquires Berkley’s motor book
12 September 2016
Arthur J Gallagher-owned Pen Underwriting has acquired Berkley Insurance Australia’s motor and fleet motor business…
TIO to shut all branches
12 September 2016
The Territory Insurance Office has confirmed it will close all its branch offices in the NT, with nine employees affected…
Vero helps brokers bridge the SME gap
12 September 2016
Vero has produced an online risk analysis tool to help broker clients identify major business concerns and gaps in insurance coverage…
BMS extends reach with Melbourne broking operation
12 September 2016
UK-based broker group BMS has opened an affinity broking operation in Melbourne that will concentrate on Australia and New Zealand…