NSW brokers save time with online tool
21 May 2012
Suncorp subsidiary GIO has made it easier for NSW brokers to place workers’ compensation cover by further developing its online facility…
Corporate
QBE breaches ASX disclosure rules
21 May 2012
QBE has assured the Australian Securities Exchange it will be more careful after breaching continuous disclosure rules…
Townsend quits Chartis for Metlife
14 May 2012
Chartis Asia-Pacific CEO Chris Townsend is joining US financial services giant Metlife as head of its Asia region…
Ebix posts more solid results
14 May 2012
US-based software provider Ebix’s first-quarter revenue this year is $US43.8 million ($43.5 million), up 9% from the first quarter last year, due to targeted infrastructure investments…
Reynoldson quits Calliden
14 May 2012
Calliden Chief Counsel Mikaela Reynoldson resigned last week…
MGA acquires Access Insurance
14 May 2012
MGA Insurance Brokers has continued its expansion into the Melbourne market with the acquisition of Access Insurance Advisers…
Herbert receivers await payment from Aon
14 May 2012
Failed New Zealand broker Herbert Insurance is unlikely to have funds available to repay most creditors, even after the sale of its client book to Aon is finalised…
Shareholders approve Insured Group’s ASX listing
14 May 2012
Insured Group shareholders have agreed to delist on the New Zealand Stock Exchange and apply for a listing on the Australian Securities Exchange. They also agreed to raise $2.25 million through a public float…
Indonesia remains on IAG’s hit list
07 May 2012
Indonesia remains the missing piece in IAG’s six-country Asian expansion strategy, CEO Mike Wilkins says…
Advisernet names new MD
07 May 2012
Adrian Kitchin has been named the new MD of Insurance Advisernet Australia and Insurance Advisernet New Zealand…
Neal gets his team together
07 May 2012
QBE’s restructure of its group executive positions the global company for life after Group CEO Frank O’Halloran retires in August…
Wesfarmers winning market share with its Coles business
07 May 2012
Wesfarmers Insurance says it is converting 40-50% of people asking about insurance through the call centre of giant retailer Coles…
Low funds hamper Western Pacific liquidation
07 May 2012
The liquidators of failed New Zealand insurer Western Pacific Insurance are having trouble dealing with claims because they do not have funds available to hire loss adjusters…
Allianz Global Assistance boosts result
07 May 2012
The higher dollar boosted the local operations of Allianz Global Assistance last year as more Australians travelled abroad, prompting its parent company to earmark Australia and New Zealand…
Lockton dumps Australian Reliance
30 April 2012
Global broker Lockton is to set up in Australia after tearing up its agreement with Australian Reliance…
IBNA platform renamed and revitalised
30 April 2012
IBNA has renamed and relaunched its troubled broker management system and is looking to add insurers to the system…
Zurich reassures brokers as Doyle moves to Dual
30 April 2012
Zurich’s leaders have moved quickly to assure brokers and customers that the group’s Australian general insurance business “won’t miss a beat” following the surprise resignation of CEO Shane…
Balmforth retires from AMI
30 April 2012
John Balmforth, CEO of Christchurch-based insurer AMI, retired from the company on Friday following IAG’s $380 million takeover…
Floods, cyclone hit RACQ Insurance
30 April 2012
RACQ Insurance still managed to deliver a $42.93 million underwriting profit for the year to December 31 despite $600 million in claims expense following the year’s floods and Cyclone Yasi…
Ansvar says all NZ claims will be paid
30 April 2012
Church-based insurer ACS (NZ) Ltd, the former Ansvar New Zealand, says its new “contingent scheme of arrangement” aims to ensure all claims against it are paid in full…