Austbrokers diversifies with Procare acquisition
24 February 2014
Austbrokers has acquired 50% of Sydney-based workers’ compensation provider Procare, in the broker group’s first major acquisition of the year…
Corporate
Hollard CEO Enthoven to focus on local market
24 February 2014
Hollard Australia CEO Richard Enthoven has stepped down from international roles to focus on the business he set up in Sydney 15 years ago…
BMS announces new CEO
24 February 2014
Broker BMS Group has appointed Brett Field as CEO of its Australian office…
Arch joins consortium with Singapore Lloyd’s syndicates
17 February 2014
Lloyd’s global underwriter Arch has joined four of the market’s Singapore-based syndicates to launch a consortium for Australian commercial property cover…
QBE drops loss adjuster Cerno
17 February 2014
QBE has removed Cerno from its loss adjusting panel following a review of external services…
CommInsure GI business grows 9%
17 February 2014
CommInsure’s general insurance business has reported annual gross written premium of $650 million for the six months to December 31, up 9% on the corresponding period in 2012…
AM Best raises Guild Insurance outlook
17 February 2014
AM Best has upgraded its outlook for Guild Insurance from stable to positive…
GIO scores AFL partnership
17 February 2014
GIO Business Insurance will display signs at Australian Football League venues as part of a new partnership…
Commission cut drives down iSelect shares
17 February 2014
Shares in online comparator iSelect slumped to their lowest level in more than two months after the company revealed a cut in commissions would reduce earnings…
Red Planet eyes Asian invasion
17 February 2014
Premium funding software supplier Red Planet Software says it aims to expand into Asia…
Whitbread appoints non-family CEO
17 February 2014
Whitbread Insurance Brokers has appointed Stephen Jones as CEO, ushering in a new era for the Melbourne company…
Meals on Wheels rolls out underwriting agency
17 February 2014
The NSW Meals on Wheels Association has launched an underwriting agency to insure more than 700 non-profit organisations across Australia…
QBE moves Emmett to executive role
10 February 2014
QBE has promoted Mike Emmett to the new role of Group Executive Officer, Operations, responsible for overseeing the group’s transformation program…
Tower Chairman warns of risk in IAG-Lumley deal
10 February 2014
IAG’s bid to buy Lumley from Wesfarmers will add significant risk to the New Zealand market, Tower Chairman Michael Stiassny says…
Assetinsure to stay independent after takeover
10 February 2014
Ironshore Australia staff will move into the Sydney offices of acquisition target Assetinsure once the deal is approved by the regulator, but the two companies will continue to operate separately…
Austbrokers buys Magic Millions insurance operation
10 February 2014
Austbrokers has bought the insurance arm of thoroughbred auction house Magic Millions, which will be incorporated into specialist bloodstock insurer HQ Insurance…
iSelect cuts commissions in deal with insurer
10 February 2014
Online comparator iSelect has signed a two-year distribution agreement with Auto & General Services that cuts commission rates while allowing it to sell a wider range of products…
Broker joins forces with accountants Bell
10 February 2014
MGA Insurance Brokers and accountancy firm Bell Partners have launched a joint venture…
Engineer shortage slows Western Pacific liquidation
10 February 2014
A shortage of engineers is hampering claims assessment for the liquidators of New Zealand insurer Western Pacific, which failed in 2011 after the Canterbury earthquakes…
Tower predicts stronger growth in New Zealand
10 February 2014
Tower CEO David Hancock says gross written premium growth in New Zealand is returning to about 5%, last seen before the Canterbury earthquakes…