Allianz names distribution heads
10 June 2014
Allianz has made two senior appointments to its new commercial and retail distribution divisions…
Corporate
IAG-Lumley NZ ‘will face competition’
10 June 2014
Competitors will challenge IAG if it raises prices or cuts services following its takeover of Lumley New Zealand, the country’s Commerce Commission says…
Insurance House buys Victorian broker
10 June 2014
Insurance House Group has bought Henderson Insurance Agencies, based in Boort, central Victoria…
Arthur J Gallagher seeks Australian, NZ brokerages
10 June 2014
Global broker Arthur J Gallagher is seeking brokerages in Australia and New Zealand to add to the OAMPS and Crombie Lockwood businesses it bought from Wesfarmers…
Experts doubt Berkshire-Wesfarmers story
10 June 2014
Local reinsurance sources have cast doubt on the accuracy of a UK media report claiming investment and insurance giant Berkshire Hathaway offered to provide Wesfarmers Insurance…
CEO Watters to step down at Allianz NZ
10 June 2014
Allianz NZ CEO Bruce Watters will retire at the end of this year after three decades in the insurance industry…
iSelect appoints new CFO
10 June 2014
Paul McCarthy is to join comparator iSelect as CFO next month, replacing David Chalmers…
AOBIS builds on Calliden relationship
10 June 2014
Specialist underwriting agency Australian Owner Builders Insurance Services has extended its portfolio to include owner-builder construction and public liability cover from Calliden…
Suncorp expects payoff from data insights
02 June 2014
Suncorp’s investment in business intelligence capabilities will build new business from existing customers across the group’s brands, according to CEO Patrick Snowball…
Global insurer Allied expands into Australia
02 June 2014
Insurer and reinsurer Allied World has opened a Sydney branch to enhance its growth in the Asia-Pacific region…
Brooklyn signs up Lloyd’s for north Australian strata
02 June 2014
There are further signs of easing in the strata market, with underwriting agency Brooklyn today launching a strata product for northern Australia…
Victorian broker joins IBNA
02 June 2014
Shepparton-based O’Sullivan Insurance Brokers has joined Insurance Brokers Network Australia…
McLardy McShane’s McTakeover
02 June 2014
Melbourne broker McLardy McShane has expanded to the Mornington Peninsula, with the acquisition of McIntyre’s Insurance Agencies in Rosebud…
Extreme weather puts dent in Tower’s half-year profits
02 June 2014
NZ insurer Tower recorded a net profit of $NZ13.14 million ($12.1 million) in the half-year to March 31 – down more than 70% on the previous corresponding period…
Apia offers health cover in tie-up with Nib
02 June 2014
Suncorp brand Apia has signed a distribution alliance with health insurer Nib in a drive to capture new markets…
CGU expects business as usual under IAG restructure
26 May 2014
Brokers and authorised representatives will notice little change under IAG’s organisational restructure, according to CGU CEO Peter Harmer…
Suncorp buys MTA Insurance
26 May 2014
Suncorp is to expand its motor reach with the acquisition of MTA Insurance, which sells motor and consumer credit cover through vehicle dealers…
JLT sets up China desk in Australia
26 May 2014
JLT has launched a “China Desk” to target Australian and Chinese companies…
Steadfast joins S&P/ASX 200 rich list
26 May 2014
Steadfast will be placed on the prestigious S&P/ASX 200 index tomorrow after listing on the Australian Securities Exchange less than 12 months ago…
Planned Cover launches Focus Underwriting
26 May 2014
Construction and professional risk specialist Planned Cover has launched the Focus Underwriting agency, with a professional office and medical pack as its first product…