New member for IBNA
30 June 2014
Edgar Insurance Brokers of Cobram in Victoria has joined Insurance Brokers Network Australia…
Corporate
IAG finalises Wesfarmers underwriting takeover
30 June 2014
IAG has completed its acquisition of the Wesfarmers Insurance underwriting businesses in Australia and New Zealand…
Tower eyes NZ consolidation
30 June 2014
New Zealand insurer Tower says it will seek opportunities to participate in industry consolidation…
Underwriting agency targets NZ liability business
30 June 2014
Delta Insurance aims to expand in New Zealand and possibly Asia over the next few years, after launching this month as a specialist liability underwriting agency…
New director joins Centrepoint
30 June 2014
Centrepoint Alliance has appointed Martin Pretty as a non-executive director…
Two more brokers join IBNA
23 June 2014
Insurance Brokers Network Australia has signed up two more members…
AIG targets mid-market multinationals
23 June 2014
AIG has introduced multinational commercial property cover for mid-sized businesses in Australia, Canada, Europe, South Africa and the US that have global risk exposures…
QBE creates emerging markets division
23 June 2014
QBE has merged its Latin America and Asia-Pacific operations to form an emerging markets division…
Scott to lead Wesfarmers’ financial services push
23 June 2014
Wesfarmers has appointed Rob Scott to the new role of MD Financial Services, to lead the expansion of the group’s consumer financial services business…
Cerno, Stream begin merger talks
23 June 2014
Loss adjuster Cerno and recently listed claims service provider Stream Group are in discussions about a possible merger…
SUA links up with Acerta
23 June 2014
Acerta is to underwrite burglary and income protection policies for Brisbane-based Specialist Underwriting Agencies, replacing Assetinsure…
Steadfast brokerage buys stablemate
23 June 2014
Steadfast’s wholly owned National Credit Insurance Brokers has purchased IMC Trade Credit Solutions…
IAG clears final Wesfarmers hurdle
23 June 2014
IAG MD and CEO Mike Wilkins has achieved his aim of acquiring the Wesfarmers’ underwriting business by June 30, after the Federal Government last week gave final approval…
Cover-More branches out in China
23 June 2014
Travel insurer Cover-More has announced a distribution agreement with a leading Chinese travel agent…
Suncorp appoints head for Business Services
16 June 2014
Suncorp has appointed Matt Pancino as CEO Suncorp Business Services…
Fitch hails Lloyd’s underwriting improvement
16 June 2014
Fitch has upgraded Lloyd’s insurer financial strength rating to AA- from A+, with a stable outlook…
OAMPS sale gets green light
16 June 2014
Arthur J Gallagher has received all regulatory approvals for its $1.01 billion acquisition of Wesfarmers’ insurance broking and premium funding operations…
McLarens building in Brisbane, Newcastle
16 June 2014
McLarens Australia has appointed three loss adjusters in Queensland and one in NSW, as part of its re-entry into the country…
Vero NZ poaches AIG’s Cris Knell
16 June 2014
Vero Insurance NZ has appointed senior AIG executive Cris Knell as EGM Commercial & Distribution starting in early September…
Insurers take closer look at catastrophe models
16 June 2014
Insurers and reinsurers are demanding more information from catastrophe modellers as they look to address regulators’ concerns about risk, according to Paul Burgess, Senior Director…