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Corporate

PSC appoints UK-based director

08 August 2016

PSC Insurance Group has appointed London-based corporate lawyer Mel Sims as an independent non-executive director…

Coface poaches Aon trade credit head

08 August 2016

French trade credit insurer Coface has named Hugh Burke as Chief Commercial Officer for the Asia-Pacific region, including Australia, effective from October…

New business lifts JLT’s local result

01 August 2016

JLT Australia and New Zealand’s revenue grew 5% to $143 million in the first six months of the year, while underlying trading profit gained 8.1%…

No deal on Dual, Steadfast says

01 August 2016

Steadfast has denied rumours circulating in the London market that it is planning to buy the Australian and New Zealand operations of underwriting agency Dual…

AUB Group buys stake in NZ brokerage

01 August 2016

AUB Group and independent New Zealand broker BrokerWeb Risk Services have joined forces to take a 50% stake in Dawson Insurance Brokers in the North Island city of Rotorua…

Marsh appoints new NZ chief

01 August 2016

Marsh has appointed Marcus Pearson as Country Head of New Zealand, effective from next January…

BHSI takes cyber liability across Tasman

01 August 2016

Berkshire Hathaway Specialty Insurance has extended its cyber liability business to New Zealand, appointing Ian Marshall to lead the product line there…

MGA buys Victorian regional brokerage

01 August 2016

MGA Insurance Brokers has acquired Cranston Australia Insurance Brokers’ business in Horsham, Victoria, for an undisclosed amount…

Ansvar drones cleared for take-off

01 August 2016

Faith and heritage sector specialist Ansvar Insurance will use drones in risk mitigation and assessment after obtaining Civil Aviation Safety Authority clearance…

AM Best affirms Youi NZ ratings

01 August 2016

AM Best has affirmed South African-owned Youi New Zealand’s B++ financial strength rating and bbb issuer credit rating, with a stable outlook…

NZ business in profit, Stream says

01 August 2016

Stream’s New Zealand subsidiary Symetri is profitable and expects to file a half-year financial report this month, the claims service provider says in an update to the Australian Securities Exchange…

Ensurance books 15% revenue jump

01 August 2016

Broker and insurance technology group Ensurance has posted a 15% rise in revenue to $876,000 for the June quarter, buoyed by solid sales growth…

PSC lifts pre-tax profit forecast

25 July 2016

PSC Insurance Group expects to report underlying pre-tax profit of more than $20 million for last financial year, exceeding its float prospectus forecast of $17.8 million…

New investments chief joins Suncorp

25 July 2016

Patrick Farrell has begun his new role as Suncorp Head of Investments, replacing Nick Basile, who retired after three years in the role…

Tower scouts for new CFO

25 July 2016

New Zealand insurer Tower is hunting for a CFO to replace Brett Wilson, who has resigned after taking up the job last year…

Dual rolls out specialty consumer covers

25 July 2016

Dual Australia is expanding into specialty consumer products, with a new offering to focus initially on extended warranty, accidental damage, theft and loss, and cancellation insurance…