Centrepoint secures enhanced finance facility
08 July 2013
Centrepoint Alliance Premium Funding has agreed an improved and increased finance facility with NAB…
Corporate
Austral acquires share of TDH
08 July 2013
Perth-based Austral Risk Services has bought a 50% shareholding in SME specialist TDH Insurance Services…
Berkley Re opens Melbourne office
08 July 2013
Berkley Re Australia is to open an office in Melbourne and has appointed Kon Giannopoulos as its Southern Region Manager…
Dual puts fraud trauma behind it
08 July 2013
Operations at underwriting agency Dual Australia are operating normally after a tumultuous fortnight involving a $17 million internal claims fraud, the resignation of its MD and changes at the top of the…
Howes joins Hollard board
08 July 2013
Hollard Insurance has appointed Actuaries Institute CEO Melinda Howes as a non-executive director…
Hancock to replace Flannagan as Tower chief
08 July 2013
Tower has appointed David Hancock as CEO, replacing long-serving chief Rob Flannagan, who announced his resignation in March…
Singaporean investor takes stake in Insured Group
08 July 2013
Insured Group has attracted a foreign investor to pay its $4.8 million debt to St George Bank…
Steadfast names dates and details for float
01 July 2013
Broker group Steadfast will have an equity interest in 62 insurance brokerages, four underwriting agencies, a major premium funder and two “ancillary services” firms when it begins trading on the…
WRI switches from Steadfast to Austbrokers
01 July 2013
Austbrokers has bought a 50% shareholding in Parramatta-based WRI Insurance Brokers, which was previously a member of broker group Steadfast…
Steadfast IPO unites Indemnity Corp and Finn Foster
01 July 2013
Sydney brokers Indemnity Corporation and Finn Foster have merged, with the new business beginning operations today…
Austagencies and CGU launch underwriting agency
01 July 2013
CGU Insurance and Austagencies have joined forces to launch NewSurety, an underwriting agency specialising in surety bonds…
Dual keeps digging to find lost $17 million
01 July 2013
Dual Australia will this week continue its exercise to recover $17 million of funds lost in a fraud allegedly committed by its former national claims manager, Jodie Gonzalez, and her husband…
Allianz moves Krawitz to COO
01 July 2013
Allianz Australia has promoted Chief GM Workers’ Compensation David Krawitz to COO…
Western Pacific liquidators secure first reinsurance payout
01 July 2013
Failed New Zealand insurer Western Pacific’s liquidators have received $NZ1.9 million ($1.59 million) after settling a reinsurance contract relating to the Canterbury earthquakes…
Trade Risk secures Moneypot deal
01 July 2013
Brisbane insurance broker Trade Risk has acquired Moneypot Financial Services after nearly a year of talks…
Allianz backs Latevo crop cover
01 July 2013
Allianz is backing a multi-peril crop insurance product launched in Australia by Latevo International…
iSelect share price stays down
01 July 2013
Insurance comparator iSelect has traded at a discount since listing on the Australian Securities Exchange last Monday…
Merged bloodstock broker aims to be front-runner
24 June 2013
Three companies have merged in a bid to create Australia’s leading bloodstock and livestock insurance broker…
Seymour returns to broking
24 June 2013
Retiring Macquarie Premium Funding CEO Gary Seymour is returning to broking as CEO of mid-market specialist PSC Insurance Group…
Goldman Sachs pulls plug on Ebix takeover
24 June 2013
US-based software provider Ebix’s sale to Goldman Sachs has fallen through after the bank pulled out over allegations of misconduct…