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IAG lines up subordinated notes issue in NZ

02 May 2016

IAG is considering raising up to $NZ250 million by issuing new unsecured subordinated convertible notes to institutional investors and New Zealand retail investors…

Steadfast acquires InsuranceConnect

26 April 2016

Steadfast has acquired Melbourne-based insurance software developer InsuranceConnect, which owns and operates the UnderwriterCentral underwriting system, for an undisclosed amount…

Email reveals Winley chaos

26 April 2016

Leaked emails have lifted the lid on the chaos surrounding the collapse of Perth-based authorised representative group Winley Insurance…

PSC buys Lloyd’s broker to boost UK footprint

26 April 2016

PSC Insurance Group has acquired Lloyd’s broker John Holman & Sons for £2.5 million plus net assets, a purchase that the Sydney-based company says will bolster its UK business…

CGU raises SME cyber shield

26 April 2016

CGU has produced a cyber cover to protect Australian SMEs from threats including privacy breaches, system damage, extortion, computer viruses, crime and hacking…

Crawford sends in the drones

26 April 2016

Crawford & Company has established Crawford Drones, a national service that aims to improve catastrophe and operational claims management…

Allianz sets up mid-corporate unit

18 April 2016

Allianz has formed a new business unit within its broker and agency division to focus on the mid-corporate segment of the commercial insurance market…

Stream sells UK operation

18 April 2016

Claims service provider Stream Group has announced the sale of its UK business as it attempts to clear debts…

Zurich appoints new CFO

18 April 2016

Stuart Farquharson has been named as the new CFO General Insurance at Zurich Financial Services…

Whitbread CEO resigns

18 April 2016

Whitbread Insurance Brokers CEO Stephen Jones has resigned after two years “to pursue other opportunities”…