Private equity firm bids for iSelect
19 October 2015
A private equity firm has made a takeover bid for iSelect…
Corporate
Austbrokers extends Searles’ contract
19 October 2015
Austbrokers has extended the contract of CEO and MD Mark Searles for a further three years from January 1…
Wilkins’ leadership encouraged Harmer to move to IAG
12 October 2015
IAG CEO and MD-designate Peter Harmer says the man he is replacing, Mike Wilkins, encouraged him to consider joining IAG after a career built on broking…
Crowded market ‘forced Axis Specialty to quit’
12 October 2015
Axis Specialty Australia’s withdrawal from the local insurance industry is evidence that the liability market is getting crowded, with too many insurers chasing too little business, according to local broking sources…
Loss adjusters drop takeover talks
12 October 2015
International loss adjuster McLarens and independent Australian adjuster Technical Assessing have withdrawn from takeover talks…
Talbot recruits for new crisis management practice
12 October 2015
Lloyd’s coverholder Talbot Underwriting Australia has recruited XL Catlin underwriters Steve Ward and Hamish McKay to form its new crisis management practice…
Dual NZ acts to fill SME liability gaps
12 October 2015
Dual New Zealand has unveiled Mind the Gap, a product suite that aims to simplify and tailor insurance to SMEs…
WA broker heads three-way merger
12 October 2015
Perth brokers Oracle Group and Centro Chambers and Gold Coast-based Agile Insurance Advice have agreed a three-way merger to create a national broking business…
BMS announces Brisbane presence, senior appointment
12 October 2015
Independent specialist insurance and reinsurance broker BMS has announced the opening of a Brisbane office and appointment of Sam Mayne as its Director of Wholesale and Facilities…
SLE appoints new underwriting chief
12 October 2015
SLE Group has promoted Tony Carter to Chief Underwriting Officer…
Former Westpac exec joins Suncorp board
12 October 2015
Suncorp has appointed prominent company director Sally Herman as a non-executive director, filling the vacancy left by Michael Cameron’s appointment to the position of MD and Group CEO…
Konekt acquisitions drive SA expansion
12 October 2015
Workplace healthcare provider Konekt is to acquire two SA-based businesses, to grow its presence in the state…
Genworth CEO steps down
12 October 2015
Ellie Comerford has stepped down as Genworth Mortgage Insurance Australia CEO and MD…
Software helps Vero speed up motor repairs
12 October 2015
Vero has started using a cloud-based system that will reduce time spent processing motor repairs and claims…
CORRECTION: Stream report
12 October 2015
In last week’s bulletin we reported that claims service provider Stream’s independent auditors had drawn attention to the company’s net loss of $12.74 million in the year to June 30, with liabilities exceeding assets by $9.75 million…
Stream ‘on track’ despite auditor concern
05 October 2015
Claims service provider Stream’s independent auditors have flagged uncertainty about whether the company can continue as a going concern…
IAG ‘set to make China play’
05 October 2015
IAG’s long-awaited investment in China may be imminent, reports suggest…
Cameron takes over at Suncorp
05 October 2015
Michael Cameron has officially taken over as CEO and MD of Suncorp Group, replacing Patrick Snowball…
IAG Labs, Good Shepherd team up on affordable contents cover
05 October 2015
IAG Labs has produced an insurance product tailored to budget-conscious consumers…
Spanish group builds local presence
05 October 2015
Spanish insurance giant Mapfre Assistance is on the hunt for new opportunities as it continues to build its Australian presence…