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...
Corporate
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...
Fate of Centrepoint Alliance known next week
09 June 2009
Directors of premium funding specialist Centrepoint Alliance intend to make an announcement on the company’s future by the end of next week...
Allianz strikes debtor finance deal with Steadfast
09 June 2009
Allianz Australia has signed a national distribution deal with cluster group Steadfast that will see member brokers add a new income stream through debtor finance...
QBE muscles in on US reinsurance market
09 June 2009
The erosion of AIG’s position in the US reinsurance market appears to be opening up some opportunities for QBE’s reinsurance operations...
NZ personal injury insurer to cut 70 jobs
09 June 2009
New Zealand’s state-owned personal injury insurer the Accident Compensation Corporation plans to axe 70 jobs at its Wellington head office...
Boss buys underwriting agencies
09 June 2009
Former Stardex Insurance Group-owned underwriting agencies SLE Worldwide Australia and Pacific Underwriting Corporation have been bought by SLE MD Brad French...
Suncorp restructure could signal split
01 June 2009
Suncorp’s proposed move to a non-operating holding company structure has added to speculation that the group’s bank is being primed for sale – a move analysts say must happen...