Ruralco profits to almost double
25 October 2010
Livestock and insurance agency Ruralco Holdings has predicted a 30-40% jump in profit after tax for the 2010 fiscal year, saying insurance is now one of its main drivers…
Corporate
Willis creates global mining unit
25 October 2010
Willis Group has incorporated its international mining expertise into one worldwide hub…
Ebix unflustered by IBNA move
18 October 2010
Ebix Australia MD Leon d’Apice believes IBNA brokers will continue to use his company’s software despite the broking cluster’s multimillion dollar joint venture deal with Melbourne technology…
Wesfarmers expands Coles insurance range
18 October 2010
Wesfarmers Insurance has expanded its range of products being offered through Coles supermarkets by launching home and contents insurance…
Nautilus nets new underwriter
18 October 2010
After months of uncertainty, underwriting agency Nautilus Marine has a new underwriter…
MGA expands to WA
18 October 2010
Adelaide-based broker MGA is extending its national footprint with the opening of an office in Perth…
Plans to double St Andrew’s business
18 October 2010
The Bank of Queensland intends to double the size of its recently acquired St Andrew’s insurance business within the next three to four years…
Fidelity Life bounces back
18 October 2010
Takeover target Fidelity Life has reported a 63% increase net profit after tax to $NZ16.9 million ($12.9 million) for the year ending June 30…
IBNA buys into broker system
18 October 2010
Insurance Brokers Network Australia has established a joint venture partnership with Melbourne-based technology company InsuranceConnect…
Suncorp sets sights on commercial market growth
11 October 2010
Suncorp’s share of the commercial insurance market is primed to grow solidly over the next three years, according to divisional CEO Anthony Day…
New CFO for Lumley, WFI
11 October 2010
Wesfarmers Insurance has recruited Sue Houghton from IAG as the CFO for its Lumley and WFI general insurance businesses…
Sterling sets up shop in WA
11 October 2010
Sydney-based underwriting agency Sterling Insurance is expanding its business to WA, with Director George Condell saying brokers working in the public liability and resource sectors are increasing…
Lumley adds private motor online
11 October 2010
Lumley is boosting its online pricing platform’s suite of products to include private motor…
Vero extends regional reach
11 October 2010
Vero is expanding its reach into central NSW in a bid to better understand the needs of regional brokers…
Positive outlook for brokers: Macquarie
11 October 2010
Despite the economic pressures on business, SME brokers have performed well during the past year, according to Macquarie Relationship Banking Head of Insurance Broking Peter Conquest…
OAMPS UK director resigns
11 October 2010
Long-serving OAMPS UK director Leo Hetherington has resigned and left early from his post…
Matcham takes over at reinsurance pool
04 October 2010
The Australian Reinsurance Pool Corporation has appointed former Lumley chief David Matcham to the role of CEO…
Centrepoint returns to the black after a testing year
04 October 2010
Premium funder Centrepoint Alliance ended a rocky 2009/10 year with a $559,000 after-tax profit and a new structure…
Dual Australia reshuffle reduces confusion
04 October 2010
Dual Australia has restructured its business “in a bid to end customer confusion”…
Ace combines insurance groups
04 October 2010
Ace Insurance has taken accident and health insurer Combined Insurance under its wing as a part of its Australian division…