QBE appoints human resources chief
10 October 2016
QBE has named Margaret Murphy as Group Chief Human Resources Officer…
Corporate
Steadfast denies NZ broker link following fine
10 October 2016
Steadfast and PSC Connect NZ have distanced themselves from a New Zealand broker that dismissed an employee for not taking out a personal loan to prop up the ailing business…
Ansvar moves Melbourne HQ
10 October 2016
Church and heritage insurer Ansvar will move its Australian head office to Melbourne’s Southbank area from November 1…
IAG hails $314 million buyback
10 October 2016
IAG has completed a $314 million share buyback – returning more than initially planned due to strong demand…
Sportscover CEO hits back after axing
03 October 2016
Specialist sports underwriting agency Sportscover has sacked CEO David Lamb, as a dispute between the two parties escalates…
Centrepoint silent on premium funding sale rumours
03 October 2016
Centrepoint Alliance has declined to comment on speculation its premium funding operation is under review and could be sold…
Tower pays refunds after discount error
03 October 2016
New Zealand insurer Tower will give refunds to 23,000 customers after identifying an error in calculating multi-policy discounts…
QBE appoints global IT strategist
03 October 2016
QBE has hired former Zurich chief information and technology officer Markus Nordlin to take the new position of Global Chief Information Officer…
Cover-More buys US group Travelex for $138 million
03 October 2016
Cover-More is accelerating its North American expansion with the $US105 million purchase of Travelex Insurance Services, the third-largest retail travel insurance specialist in the US…
Assetinsure adds to surety bond portfolio
03 October 2016
CBL-owned Assetinsure has acquired the renewal rights of Petroleum Bonds in Australia and New Zealand from Corporate Indemnity, which has been managing the business since 1995…
ING to roll out home and contents cover
03 October 2016
ING Direct has teamed up with Auto & General to offer home and contents cover to its mortgage customers…
CBL embarks on capital-raising to fund growth
03 October 2016
New Zealand’s CBL Corporation aims to raise up to $NZ63 million to finance its expansion plans…
Zurich restructure may bring local job losses
26 September 2016
Zurich’s decision to merge its commercial and global corporate operations worldwide may mean jobs are cut in Australia, the insurer admits…
QBE parts with claims chiefs
26 September 2016
Two claims executives have left QBE as the insurer aims to tackle performance issues…
Steadfast promotes projects head to COO
26 September 2016
Steadfast’s EGM Projects, Brand and People Samantha Hollman has been promoted to COO…
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…
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.