Marshall takes top spot at Pen
14 December 2015
Gary Marshall is the new GM of Arthur J Gallagher-owned Pen Underwriting, replacing CEO Paul Lynam, whose position has been declared redundant…
Corporate
Marsh veteran John Clayton steps down
14 December 2015
Innovative broker John Clayton announced his retirement last week after 28 years with Marsh and predecessor Sedgwick…
Cunningham Lindsey rebrands TPA operations
14 December 2015
Claims manager Cunningham Lindsey has unveiled its new third-party administration brand inTrust…
Suncorp reviews private health offering
14 December 2015
Suncorp is investigating the possibility of expanding its involvement in the private health market…
Austbrokers Sydney to launch JV with marine expert
14 December 2015
Austbrokers Sydney and QBE marine executive Neil Hiller are to open a specialist marine and logistics insurance joint venture in March…
Scores of jobs to go in Zurich restructure
07 December 2015
Zurich Australia is to slash at least 65 jobs under a restructure that mirrors global cuts at the troubled insurer, according to informed sources…
Pen chief Paul Lynam leaves
07 December 2015
Pen Underwriting CEO Paul Lynam has left the company three years after selling his Lloyd’s agency SRS to Arthur J Gallagher…
Ironshore branches out in NZ
07 December 2015
Specialist international insurer Ironshore has opened an Auckland office as it steps up investment in the New Zealand market…
New arrival Argenta already on acquisition trail
07 December 2015
Lloyd’s syndicate Argenta has established an Australian presence before it enters a co-tenancy “hub” arrangement with Lloyd’s, Talbot Underwriting and Ironshore in April…
Crombie Lockwood acquisition strengthens South Island presence
07 December 2015
Arthur J Gallagher’s New Zealand broker Crombie Lockwood has acquired insurance broker Reid Manson, which has two offices on the South Island, in Timaru and Ashburton…
AUB expands risk services division
07 December 2015
AUB Group, previously known as Austbrokers Holdings, has announced the acquisition of integrated rehabilitation and disability employment services provider CIM Group…
Vero adds drone cover to liability policy
07 December 2015
With more Australian companies using unmanned aircraft in their business activities, Vero has included drone coverage in its public liability policy – an industry first…
Stream’s ASX suspension continues
07 December 2015
Stream Group’s voluntary suspension of its securities from the Australian Securities Exchange has been extended…
CBL seals UK acquisition
07 December 2015
CBL Corporation has completed its £7.5 million cash acquisition of UK tax investigation insurance provider Professional Fee Protection…
AAMI girl to the rescue
07 December 2015
AAMI has launched a new advertisement promoting its full suite of covers…
Austbrokers’ name change ‘reflects diversity’
30 November 2015
Austbrokers Holdings has rebranded as AUB Group to reflect the company’s increasing diversification…
Stream calls for trading halt
30 November 2015
Stream Group requested a trading halt last Friday, telling the Australian Securities Exchange it is “to allow the company to conduct a capital-raising”…
Ace, Chubb reveal Australian leaders
30 November 2015
Ace and Chubb have unveiled their Australian leadership team as merger preparations continue…
Tower braces for more knocks from Canterbury claims
30 November 2015
New Zealand insurer Tower is prepared for claims from the Canterbury earthquakes to exceed its estimates after it reported a net loss of $NZ6.6 million for the year to September 30…
Whiplash law proves pain in the neck for Slater & Gordon
30 November 2015
Slater & Gordon has reaffirmed its financial-year guidance, but investors continue to desert the Australian law firm in droves following the announcement last week that the UK proposes removing the right to obtain general damages for minor traffic whiplash injuries…