Publishing company quits NIBA
06 July 2009
Publishing and marketing company McMullan Conway today announced an “amicable separation” from the National Insurance Brokers Association after an 11-year relationship...
Corporate
Calliden buys remaining half of IUA
06 July 2009
Underwriting agency IUA – formerly known as Interruption Underwriting Agencies – is now a fully fledged part of the Calliden Group after the family of founder the late Harry Dickinson Snr sold...
Lumley exits home warranty insurance
06 July 2009
Lumley General has announced plans to exit the home warranty insurance market, citing unsatisfactory returns from the controversial product...
IAG cuts direct insurance jobs
06 July 2009
IAG is shedding staff in its direct insurance division in line with its new executive team structure announced last month...
Austbrokers stable continues to grow
06 July 2009
Cluster group Austbrokers has continued its ambitious growth strategy with its latest moves expected to add $600,000 in annual net profit and raising membership to about 40...
IAG rating outlook remains negative
06 July 2009
Fitch Ratings has affirmed IAG and IAG NZ’s insurer financial strength ratings at AA- and their outlook as negative...
OAMPS sets up premium funding facility
06 July 2009
Major broker OAMPS has established its own premium funding facility after Wesfarmers Insurance ended a preferential agreement with listed funder Centrepoint Alliance...
QBE cashed-up and hungry in Europe
29 June 2009
The ever-acquisitive QBE is reported to be prowling Europe for new deals to fuel its growth on the heels of its $2.7 billion spree last year, mostly in the US...
Six depart in OAMPS head office shakedown
29 June 2009
OAMPS Insurance Brokers has retrenched its entire marketing team as the company seeks to “better align” head office functions with its 28 Australian branches...
Indemnitycorp launches legal practice
29 June 2009
Risk specialist Indemnity Corporation has added a specialist legal division, forecasting strong demand from its insurance broker clients...
James Hardie relocation bid riles asbestos victims
29 June 2009
James Hardie Industries has won no friends among asbestos victims with the proposed relocation of its headquarters from the Netherlands to Ireland at an estimated cost of...
Youi ads judged discriminatory
29 June 2009
Two TV advertisements by car insurer Youi have been found to discriminate against people with mental health issues...
Aon’s Harmer heading home
22 June 2009
Aon has confirmed its UK CEO Peter Harmer is returning to Australia in September to take up a new posting...
Centrepoint MD departs; company’s fate still unclear
22 June 2009
Premium funding specialist Centrepoint Alliance has confirmed the departure of MD Richard Cawsey as the eventual fate of the company remains unclear...
Leadership changes at OAMPS
22 June 2009
OAMPS Insurance Brokers has announced the appointment of New Zealander Keith McIvor as CEO, replacing Peter Blackmore who is moving back to Perth as the company’s...
NAB snaps up Aviva Australia
22 June 2009
The National Australia Bank has bought Aviva Australia’s wealth management business, including its life insurance operations and investment platform, Navigator, for $825 million...
Sunrise Exchange makes it 5 million a year
15 June 2009
Online transaction platform Sunrise Exchange in now handling 5 million transactions a year, registering a 500,000 increase in the past 12 months...
Apia the most recommended insurer
15 June 2009
Personal lines insurer Apia has been identified as the most recommended insurance company in Australia by an international customer loyalty measure...
Loss adjusters take to marine
15 June 2009
Loss adjuster Crawford & Company has created a new national marine unit to oversee all marine transit, cargo, liability and hull losses...
Rise in Aussie dollar hurts QBE
09 June 2009
While the sharemarket reaches a seven-month high and the Aussie dollar climbs, QBE Insurance is one of the few Australian companies that isn’t benefiting...