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Corporate

First Genworth reconciliation plan endorsed

16 May 2022

The first Reconciliation Action Plan by Genworth was endorsed last month as the insurer joins fellow industry leaders IAG, Suncorp, Zurich, Willis Towers Watson and Allianz...

AUB makes 'transformative' UK broker acquisition

09 May 2022

AUB Group says its $880 million acquisition of UK broker Tysers will transform the company, expanding its operations and specialist capabilities and offering direct access to the Lloyd’s market...

QBE plans earnings review after 'strong' Q1

09 May 2022

QBE is looking to review its full-year earnings outlook after the business recorded a 19% jump in gross written premium in the three months to March and group-wide renewal rate increases averaged 7.9% during the period...

Coface appoints Asia-Pacific CEO

09 May 2022

Hugh Burke has been appointed CEO of the Asia-Pacific region at Coface, taking over from Bhupesh Gupta who vacates the role after six years...

Truckrite becomes NTI premium repairer

09 May 2022

Melbourne-based heavy vehicle repairer Truckrite has become one of 20 premium repair partners of transport and logistics specialist insurer NTI...

PSC sees growth opportunities for AWIB acquisition

02 May 2022

PSC Insurance Group says the Alan Wilson Insurance Brokers business, which it announced last week it is acquiring, has “very good ongoing growth prospects” in its specialty fire protection area and has also built a diversified SME client base...

Ensurance ramps up Australia expansion

02 May 2022

Ensurance is progressing with plans to step up its presence in the Australian market, following the opening of an office in Sydney at the start of the year, the underwriting agency says in update for the March quarter...

ProRisk sees covid cover demand as restrictions ease

02 May 2022

Professional Risk Underwriting  says a new covid cover, triggered when a person is hospitalised, can help provide financial peace of mind as the virus continues to circulate amid a winding back of pandemic restrictions...

Swiss Re Corporate Solutions eyes PI opportunity

26 April 2022

Swiss Re Corporate Solutions is looking to step up its presence in the professional indemnity insurance space for lawyers, saying there is an opportunity for growth despite the challenges facing the product line...

Jason Hawksworth returns to Allianz in GM role

26 April 2022

Allianz Commercial has appointed Sydney-based Jason Hawksworth GM Distribution in its Commercial division, which was introduced at the start of last year under a new operating model focused on three key customer segments...

NTI's Marine Protect marks five-year milestone

26 April 2022

NTI-owned Marine Protect is celebrating its five-year milestone, welcoming the occasion with an annual insured portfolio of $150 billion worth of cargo, nearly 4000 vessels and thousands of transport companies...