OAMPS appoints COO
02 July 2012
OAMPS Insurance Brokers has appointed Mark Emney to the newly created COO position as part of its change agenda…
Corporate
OAMPS launches trade credit division
25 June 2012
Wesfarmers-owned OAMPS Insurance Brokers has launched a trade credit and financial services division…
McLarens Young NZ switches to Cerno
25 June 2012
Loss adjuster McLarens Young New Zealand will rebrand as Cerno NZ on July 1, following the rebrand of the Australian business 12 months ago…
WA broker Elliot acquires Accord insurance
25 June 2012
Two Perth-based Steadfast brokerages have merged with the acquisition by Elliot Insurance Services of Accord Insurance Brokers Group…
Court approves Ansvar claimant scheme
25 June 2012
The New Zealand High Court has approved a scheme of arrangement devised by ACS (NZ) Ltd, previously known as Ansvar New Zealand, for handling and settling claims arising from the…
IAG adopts UN sustainability principles
25 June 2012
IAG is the only Australian insurer to become a signatory to the United Nations Principles for Sustainable Insurance, joining 26 other insurers worldwide…
NRMA Insurance closes NSW south coast offices
25 June 2012
NRMA Insurance will outsource services at two offices on the NSW south coast and close four other agencies in the area…
Ansvar claimants vote yes, but regulator has doubts
18 June 2012
Ansvar policyholders in New Zealand have voted in favour of a contingency scheme for settling claims should the company’s financial position deteriorate…
Ansvar CEO hits back at local rumours
18 June 2012
Ansvar CEO Andrew Moon has denied rumours the Melbourne-based company is losing business and has staffing issues…
Chartis develops appetite for big property risks
18 June 2012
Chartis will throw its doors open around the world to large commercial property risks by introducing high-limit property covers of up to $US1.5 billion per risk – of which it will be the sole insurer…
Lloyd’s underwriting surplus falls
18 June 2012
Lloyd’s underwriters made a surplus of $323.09 million in calendar 2011, according to the latest general insurance figures from the Australian Prudential Regulation Authority…
EQC reinsurance cost rises 50%
18 June 2012
The Earthquake Commission is paying 50% more for reinsurance this year, but the higher cost of cover is drawing reinsurers to the New Zealand market…
Suncorp expands pricing engine focus
18 June 2012
Suncorp Group has announced it will now use its General Insurance Pricing Engine for all its SME products across its Vero, AAMI, AMP General and GIO brands…
Berkshire to write Suncorp NZ cat cover: UK report
12 June 2012
Berkshire Hathaway has agreed to write all Suncorp’s New Zealand catastrophe cover, according to London website Insurance Insider…
IAG loses its Buzz
12 June 2012
IAG has announced it will close its online-only business, Buzz Insurance, due to the “ongoing investment required to build sufficient awareness of a relatively new brand”…
Liberty moves in on Perth
12 June 2012
Specialist lines insurer Liberty International Underwriters has opened an office in Perth, rounding out its coverage of the Australian market…
Swiss Re appoints new Asia-Pacific head
12 June 2012
Swiss Re Corporate Solutions has appointed Ted Hodgkinson as Head of Asia Pacific, based in Singapore…
Willis announces Gatto replacement
12 June 2012
Global broker Willis has appointed Chris Nelson as MD Placement Services for Willis Australia and New Zealand, effective immediately…
NZ’s Civic re-entering market after securing reinsurance
12 June 2012
New Zealand local government insurer Civic Assurance is re-entering the property insurance market after securing reinsurance for the coming year…
Allianz Global Assistance appoints NZ chief
12 June 2012
Phil Hibbert has taken the new role of EM at the New Zealand operations of Allianz Global Assistance…