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…
Corporate
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…
CBL changes ASX listing status
12 September 2016
New Zealand-based credit and financial risk insurer CBL Corporation has changed its Australian Securities Exchange listing category to “foreign exempt issuer”…
Claims blowout forces Tower to lift Canterbury provisions
12 September 2016
Tower expects to increase its Canterbury claims provisions after a Deloitte review found its costs have blown out due to unexpected increases in new Earthquake Commission claims and growing litigation and disputes…
Youi fraud accusations ‘risk damaging industry brand’
05 September 2016
Allegations that Youi staff in Australia used unscrupulous sales tactics have triggered industry concerns about the severity of the issue and its wider ramifications for other insurers…
AIG sells its PNG operation
05 September 2016
AIG has sold its Papua New Guinea operations in a management buyout…
Centrepoint helps charities through fee donations
05 September 2016
Premium funder Centrepoint Alliance will make donations to two aligned charities in a program linked to application fees…