WTW acquires aviation specialist Aerosure
06 December 2021
Willis Towers Watson today announced the acquisition of Sydney-based aviation brokerage Aerosure...
Corporate
Class action firm targets IAG over BI claims exposure
06 December 2021
IAG shareholders affected by a stock price slump triggered by a market update on COVID-related business interruption claim provisions are signing up to participate in a class action against the insurer...
Building group extends insurance repair contract with Suncorp
06 December 2021
Johns Lyng Group has extended a contract with Suncorp under which it provides domestic building insurance repairs across NSW, Victoria, Queensland, SA, the ACT and the NT...
Trident Underwriting becomes Coast Insurance
06 December 2021
Marine specialist Trident Underwriting has rebranded as Coast Insurance to reflect its expansion into other areas of commercial cover and its operation as a standalone agency...
Underwriter IIS acquires stake in energy specialist AMIR
06 December 2021
Strata underwriter Insurance Investment Solutions has purchased a strategic shareholding in energy underwriting specialist Asia Mideast Insurance and Reinsurance...
Suncorp completes exit from RACT Insurance
06 December 2021
Suncorp has sealed the divestment of its 50% stake in RACT Insurance for $83.75 million to mutual motoring body RACT Group, which owns the other half of the Tasmanian joint venture...
Ensurance MD named as CEO
06 December 2021
Underwriting agency Ensurance announced today MD Tom Kent will become CEO on January 1 while Executive Chairman Tony Leibowitz will revert to a non-executive role...
Envest-owned Ken Tame rebrands
06 December 2021
Caravan and recreational vehicle underwriting agency specialist Ken Tame and Associates has completed a branding makeover, abbreviating its name to KT Insurance and unveiling a new look...
Mecon introduces revamped broker quoting system
06 December 2021
Construction underwriter Mecon Insurance says it has a new, vastly improved online system which simplifies quoting and saves brokers time...
Court date set for Greensill action against IAG
29 November 2021
The Federal Court has scheduled an initial hearing for a Greensill action filed last week against IAG over a $US35 million trade credit insurance claim...
Peter Lowe to head Lockton New Zealand
29 November 2021
Lockton New Zealand has appointed Peter Lowe as CEO after opening a kiwi operation in September...
Tower introduces house fire caps
29 November 2021
New Zealand’s Tower has made changes to its underwriting after experiencing an unusual run of large claims from house fires and an 8% drop in full-year earnings...
Coversure offers increased PL capacity for amusement, leisure industry
29 November 2021
Specialist underwriting agency Coversure says it can now write up to $20 million for each public liability (PL) insurance policy issued to clients in the amusement, leisure and entertainment industry...
Genworth unveils share buyback program
29 November 2021
Genworth Mortgage Insurance Australia will commence a stock buyback program, returning to shareholders up to a maximum aggregate value of $100 million...
Vero, Good Shepherd NZ extend affordable car cover pilot
29 November 2021
Vero and Good Shepherd in New Zealand have extended a product trial aimed at providing affordable car insurance to people on limited incomes following positive early take-up...
Genworth board adds two directors
29 November 2021
Alistair Muir and Gerd Schenkel have been appointed to the board of Genworth Mortgage Insurance, effective December...
AAMI marks stadium naming rights renewal with concert
29 November 2021
Musician Amy Shark is to stage a special solo acoustic performance in February to celebrate the renewal of AAMI’s naming rights partnership with Melbourne’s AAMI Park for another five years.
New QBE chief outlines priorities in first interview
22 November 2021
QBE Group CEO Andrew Horton says he wants the insurer’s divisions to work more closely together and is targeting stability and possible growth in the US market...
PetsOnMe targets 5% stake in local pet insurance market
22 November 2021
Australian online pet care marketplace PetsOnMe has launched a new insurance offering for cats and dogs and aims to capture as much as 5% of the local pet cover market over five years...
Steadfast invests in business, property valuation consultancy
22 November 2021
Steadfast Group has completed an investment in Robertson & Robertson Consulting Valuers, an independent valuation and consultancy firm in NSW specialising in business and property...