Hutcheon appointed to Vic state insurer
30 January 2012
Former CGU executive Warren Hutcheon is the new CEO of the Victorian Managed Insurance Authority…
Corporate
Steadfast says SVU usage is up 700%
12 December 2011
Broker group Steadfast says usage of its virtual underwriter platform has increased by more than 700% this year, with 48% of shareholders now actively using it…
CGU embraces automatic flood cover
12 December 2011
CGU’s home, contents and landlords policies will automatically include cover for flood from February…
Calliden gains $8.3 million in sale of CSA
12 December 2011
Calliden Group will pocket $8.3 million in profit from the sale of its 50% shareholding in Claims Services Australia…
Speculation on IAG takeover continues
12 December 2011
Speculation continues on Wesfarmers making a takeover tilt at Insurance Australia Group…
Calliden becomes Great Lakes agent
12 December 2011
Calliden Group will underwrite its commercial package business as an agent of Great Lakes Australia under a three-year agreement to take effect next year…
Joint venture aims to streamline claims-handling
12 December 2011
Loss adjuster Cerno has formed a joint venture with Claim Central Holdings to offer a service combining adjusting with building and supplier management…
Suncorp buys AMP General Insurance Distribution
05 December 2011
Suncorp is buying AMP’s General Insurance Distribution business, which operates through 700 authorised representatives…
New CEO for Sportscover
05 December 2011
Sportscover Australia has appointed former Chartis senior executive David Lamb as its new CEO…
Coates takes global role at Dual
05 December 2011
Dual Asia Pacific MD Damien Coates will relocate to London after being promoted to CEO of Dual International, the underwriting arm of Hyperion Insurance Group…
Gen Re appoints new Australia MD
05 December 2011
Gen Re has appointed Pietro Toffanello as MD Australia and Property/Casualty Manager of the Asia-Pacific region…
Chartis first to get full NZ insurance licence
05 December 2011
Chartis NZ has become the first New Zealand insurer to be fully licensed by the Reserve Bank under the country’s new supervisory regime…
Herbert is Suncorp’s new CRO
05 December 2011
Suncorp Deputy CFO Clayton Herbert has been appointed Chief Risk Officer, replacing Robert Stribling…
Insured Group share move approved
05 December 2011
Shareholders in Perth-based Insured Group have agreed to consolidate the number of shares listed on the NZ Stock Exchange…
Insurers to be targeted by new industry partnership
05 December 2011
Insurers will be among the groups targeted by a new partnership that aims to promote geographic information system technology for uses such as flood mapping…
Centrepoint and IBNA joint venture renewed
05 December 2011
Centrepoint Alliance Premium Funding has renewed its joint venture arrangement with insurance broker cluster IBNA for another three years…
Rates starting to increase, says Austbrokers
28 November 2011
Major broker group Austbrokers expects premium increases in the SME sector and is already seeing significant rises in domestic classes, CEO Lach McKeough told last week’s AGM…
Ansvar to quit New Zealand market
28 November 2011
Ansvar will cancel its New Zealand policies from December 31 due to the “prohibitive” cost of reinsurance…
Zurich General Insurance restructures
28 November 2011
Zurich General Insurance will restructure into two divisions – “SME fast flow” and “corporate” incorporating mid-market and global corporate business…
Tower result down on earthquakes, investment earnings
28 November 2011
Tower Ltd has posted a profit of $NZ33.4 million ($25 million) for the year to September 30, down 43% due to the Christchurch earthquakes and lower investment earnings…