Competition may spoil Austbrokers’ acquisition appetite
06 October 2014
Austbrokers spent more than $26 million on acquisitions last financial year, but directors say further opportunities may be affected by competition in the market…
Corporate
Fresh start for Mint Plus as Austagencies streamlines brands
06 October 2014
Specialist professional indemnity insurer Mint Plus has rebranded as Sura Professional Risks, after joining Austagencies earlier this year…
NSW brokerage acquires family business
06 October 2014
Bowen Insurance Brokers has been acquired by Complete Risk Solutions, which is part of Insurance Advisernet Australia…
QBE names new board members
29 September 2014
QBE has made three appointments to its board as part of its succession policy…
Steadfast brokers join forces
29 September 2014
Adelaide-based insurance brokers Grand West and Newmarket, both part of the Steadfast network, will merge early next year…
CGU’s north Queensland strata project delivers savings
29 September 2014
CGU has cut premiums for property-owners in north Queensland by up to 29% through a strata building resilience project launched in April…
Steadfast trims board as Upton leaves
29 September 2014
Steadfast Group director Jonathan Upton will not be replaced on the board after he retires at the annual general meeting next month…
IAG’s NZ operations set for radical restructure
29 September 2014
IAG in New Zealand has foreshadowed major organisational changes as it absorbs the Lumley General Insurance business it acquired from Wesfarmers…
Fitch affirms Tokio Marine & Nichido Fire rating
29 September 2014
Fitch Ratings has affirmed Tokio Marine & Nichido Fire Insurance’s insurer financial strength rating at AA- with a negative outlook…
Racing club chief joins iSelect board
29 September 2014
Melbourne Racing Club CEO Brodie Arnhold has joined comparison website iSelect’s board as an independent non-executive director…
Insured Group shareholder subject of takeover bid
29 September 2014
Rural services provider Conquest Agri has formally launched its takeover of Priority One Network – a loyalty scheme operator with links to Insured Group and JLT…
QBE commits $100 million to social benefit assets
22 September 2014
QBE has earmarked $US100 million ($111 million) to invest in social impact bonds over the next three years…
Director quits IAG board over conflict of interest
22 September 2014
IAG board member Nora Scheinkestel has stepped down over a potential conflict of interest…
Brokerage welcomes familiar face to CEO role
22 September 2014
Domina General Insurance Brokers and its subsidiary BCiB have appointed Karen Ferguson as CEO, marking her return to the family company five years after she left to…
Whitbread unveils life unit
22 September 2014
Whitbread Insurance Brokers has launched a new life insurance unit…
Ex-KPMG director joins Allianz Global Assistance
22 September 2014
Allianz Global Assistance has appointed Craig Dalzell as CFO, based in Brisbane…
Sportscover looks stateside
15 September 2014
Sportscover wants to grow in the US and will pursue its plans more aggressively following the sale of its Lloyd’s syndicate to Bermuda-based insurer Hamilton…
Arthur J Gallagher buys Queensland brokerage
15 September 2014
Arthur J Gallagher has bought regional broker Parmia Insurance…
Premium Funding targets big business
15 September 2014
Premium Funding is targeting large corporate business after brokers warned of banks going direct with low-cost funding options for such clients…
QUS seals AIG underwriting deal
15 September 2014
Strata insurer QUS will increase its risk capacity and look to expand its geographic reach after striking a new underwriting deal with AIG…