Marsh creates single region for Asia Pacific
04 July 2006
Global broking giant Marsh has announced an international restructuring that will combine its Asia and Pacific operations into one unit…
Corporate
Axa SA to try again
27 June 2006
French insurance giant Axa SA is making a second attempt to completely take over Melbourne-based Axa Asia Pacific…
Another underwriting agency goes with Lumley
27 June 2006
Sydney-based underwriting agency Dual Australia has signed an agreement that will see it writing business on behalf of Lumley General Insurance…
Gallagher Bassett expands
27 June 2006
Claims administrator Gallagher Bassett Services will expand into the South Australian market with the purchase of WorkCover services provider IMA Consulting…
Allianz to provide ABL workers’ comp
27 June 2006
Allianz Australia and NSW’s largest business organisation, the Australian Business Limited State Chamber of Commerce, plan to sort out a cheaper workers’ compensation scheme…
IAG builds its Asian foundations
20 June 2006
Insurance Australia Group has expanded its Asian operations by purchasing a new managing agency from Lloyd’s of London that will operate under the name Alba Group…
Vero buys stake in surety bond company
20 June 2006
Vero has acquired 50.5% of a company that arranges contract surety bonds and commercial surety bonds for the construction and engineering industry in Australia and New Zealand…
OAMPS joins Pan-Asian Alliance
20 June 2006
OAMPS is one of 10 brokers in a new Pan-Asian Alliance trying to create a network servicing larger clients with businesses throughout the region…
Phillips Fox to gain some initials
20 June 2006
Major national law firm Phillips Fox – a leading specialist in insurance matters – has entered an alliance with global law firm DLA Piper…
Vero CEO to take on Promina role
14 June 2006
In a move that some industry spectators say represents much more than a routine management reshuffle, Vero CEO Duncan West will step down from his position on January 1…
Mulcahy does Suncorp shuffle
14 June 2006
Suncorp CEO John Mulcahy has carried out the biggest restructuring of the Queensland-based bancassurance group since he joined it more than three years ago…
Clark quits IBNA chair
14 June 2006
Insurance Brokers Network of Australia Chairman John Clark has resigned from the board of the cluster group due to ill health…
IC Frith takes on law initiative
14 June 2006
After undertaking a management buyout at IC Frith & Associates six months ago, CEO Terry McGough has come up with a new range of integrated insurance cover for law firms…
Benfield gets closer to energy and mining giants
06 June 2006
London-based global insurance and risk company Benfield Corporate Risk has opened an office in Perth as part of a move to strengthen its worldwide network…
Allianz has a new market
06 June 2006
Allianz Australia has a new product that’s not a run-of-the-mill offering…
Promina sells mortgage business
06 June 2006
Promina Group is selling its NZ-based lenders mortgage insurance business to Genworth Financial Mortgage Insurance for $220 million…
Tower of strength
30 May 2006
NZ-owned Tower is in a growth phase, with strong sales and earnings results over the six months to March 31…
Transport insurance industry bolstered
30 May 2006
Allianz Australia and Sydney-based underwriting agency Global Transport and Automotive Insurance Solutions have joined forces in the transport, fleet and specialist equipment…
AAMI awarded Best of the Best
30 May 2006
Promina-owned personal lines insurer AAMI has been awarded the “Best of the Best” for outstanding excellence in customer service at the Australian Service Excellence Awards…
IBNA will decide on Austbrokers deal
23 May 2006
Cluster group IBNA is making sure one thing isn’t forgotten in the speculation over its six-month merger negotiation period with rival cluster Austbrokers…