Large home claims dent Tower earnings
27 September 2021
New Zealand’s Tower has lowered its earnings guidance after above-average house claims in recent months...
Corporate
Suncorp Stadium naming rights extended
27 September 2021
Suncorp has extended its Brisbane Suncorp Stadium sponsorship partnership for up to ten years...
Zurich considers divestment options: report
20 September 2021
Zurich Australia is considering the sale of some “non-core” general insurance assets, according to a media report...
IAG's Hill points to 'valuable product offerings'
20 September 2021
IAG Intermediated Insurance Australia Group Executive Jarrod Hill has pointed to the importance of valuable product offerings that are digitally enabled as he takes up the new role...
Mansions steps up offering with cyber cover
20 September 2021
Mansions of Australia, the Steadfast-owned underwriting agency that caters to the ultra-high net worth market, will add personal cyber protection cover to its Executive Insurance product from October 5...
Resilium Partners continues on acquisition trail
20 September 2021
Resilium Partners expects to announce additional acquisitions “in coming months” after last week bringing on board Brisbane-based Cornerstone Risk Group...
Vero extends long-term NZ partnership with AMP
20 September 2021
Vero has renewed its partnership with AMP Wealth Management in New Zealand for a further five years...
Genworth names new CFO
20 September 2021
Genworth Mortgage Insurance Australia has appointed Michael Cant as CFO, replacing Michael Bencsik who tendered his resignation...
IAG review ends IAL brand
13 September 2021
IAG says its IAL brand will no longer accept new business from November 1 and renewals from December 1 as it prepares to revamp the way personal lines products are sold through intermediaries...
PSC seals acquisition of Alliance broking business
13 September 2021
PSC Insurance Group has completed its $24.5 million purchase of the broking business of Alliance Insurance Broking Services...
Honan details COVID vaccination risks
13 September 2021
Honan has produced a timely guide to help businesses understand their risk exposures amid Australia’s COVID vaccination drive...
NRMA, RACV contribute $2 million to GIVIT COVID relief
13 September 2021
NRMA Insurance and RACV will together contribute $2 million to donation platform GIVIT to provide urgently needed items due to COVID lockdowns such as groceries, technology and resources for home learning...
Arch offers new liability product via online platform
13 September 2021
Arch Insurance has launched a management liability product that is available for SMEs through its CoverHub online platform...
IAG hit with business interruption class action
06 September 2021
Slater and Gordon says it has launched a class action against IAG on behalf of “thousands of Australian business interruption insurance policyholders” whose claims for losses from forced pandemic-related closures have been declined by the insurer...
Berkley introduces online broker portal
06 September 2021
Berkley Insurance Australia has introduced an online portal to speed and simplify quoting and binding for IT liability and plans to add further products in coming months as brokers look for efficiency improvements from technology...
Lockton undaunted by lockdown, kicks off NZ operation
06 September 2021
Lockton has opened a New Zealand operation with risk and insurance advisers in Auckland, Hamilton and Christchurch and a new team recruited from Willis Towers Watson...
Johns Lyng makes strata acquisitions
06 September 2021
Building services provider Johns Lyng Group has acquired two more strata management businesses, further strengthening its presence in the market...
McCabe Curwood changes name to McCabes
06 September 2021
Law firm McCabe Curwood has rebranded and going forward will be known as McCabes...
ProRisk launches Public & Products liability cover
06 September 2021
ProRisk has launched a Public & Products Liability Insurance Product policy on its broker portal, ProBind, and will host three webinars to explain the offer in detail...
Arch seals $350 million acquisition of Westpac's LMI business
06 September 2021
Bermuda-based specialty lines insurer Arch Capital Group has its sights on the Australian lenders’ mortgage insurance market after making possibly its biggest local acquisition to date...