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…
Corporate
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…
Berkley Re makes changes at the top
24 June 2013
Berkley Re Australia has promoted COO Tony Piper to CEO, replacing co-founder Peter Nickerson…
Chegwyn joins Austbrokers family
24 June 2013
Austbrokers AEI has bought Chegwyn Insurance Brokers, a non-aligned broker serving the industrial centre of Wetherill Park in western Sydney…
IAG chief reveals best route to Asia
24 June 2013
Companies must take time to build relationships if they are to move into Asia, IAG MD and CEO Mike Wilkins says…
Suncorp enters CTP market in ACT
24 June 2013
Suncorp is to offer compulsory third-party insurance in the ACT, giving motorists there a choice of providers for the first time since 1979…
iSelect completes initial public offering
24 June 2013
Insurance comparator iSelect says its share offer to institutions was oversubscribed…
SUA relaunches iConstruct online platform
24 June 2013
Brisbane-based Specialist Underwriting Agencies has relaunched iConstruct, its online underwriter for the SME construction industry…
Centrepoint share restrictions lifted
24 June 2013
Centrepoint Alliance shares issued as part of the Professional Investment Holdings deal have been removed from escrow…
Steadfast members clear the way for float
17 June 2013
Steadfast members have approved all resolutions needed for the company to restructure before listing on the Australian Securities Exchange…