BAIS GM promoted to CEO
31 May 2021
Insurance technology firm BAIS has appointed GM David Hampton as CEO...
Corporate
Aon teams with Catalyst Technologies on weather risks
24 May 2021
Aon has teamed with Catalyst Technologies on a threat intelligence and critical event management platform for climate risks in Australia that includes the ability to provide early warning alerts...
Merger a 'winning combination' for Austcover, Regional Insurance Brokers
24 May 2021
Austcover and Regional Insurance Brokers say their plan to merge will create a “winning combination”, giving the two brokers the opportunity to expand their joint networks and capabilities in Queensland...
Resilium owner Ardonagh reports earnings jump
24 May 2021
Ardonagh Group first quarter earnings have jumped compared with a year earlier following acquisitions including the Australian Resilium network business...
Achmea offers reward for cotton growers with sustainable farming practices
24 May 2021
Agricultural insurer Achmea Australia will offer premium discounts to cotton growers who engage in sustainable farming methods...
Suncorp stadiums given orange hue in SES tribute
24 May 2021
Suncorp-sponsored stadiums in Melbourne and Brisbane were floodlit in orange and the colour was the theme of the day in offices last Wednesday as part of an annual tribute to the contribution of State Emergency Service volunteers...
AM Best affirms Quest Insurance ratings
24 May 2021
New Zealand’s Quest Insurance, mainly a provider of mechanical breakdown insurance and comprehensive vehicle insurance, has had its ratings affirmed by AM Best...
Suncorp sees underlying momentum in insurance business
17 May 2021
Suncorp says its general insurance arm continues to perform well after recording a strong set of first-half results...
AUB broking arm invests in loss adjuster
17 May 2021
AUB-owned Austbrokers says its acquisition of a 50% stake in YDR Chartered Loss Adjusters will strengthen its capabilities in larger and complex claims handling...
Sportscover sells European operations
17 May 2021
Australia-headquartered niche underwriting agency Sportscover has sold its European businesses to enable a greater focus on expansion in Asia...
Ensurance buys financial lines underwriter
17 May 2021
Ensurance has acquired TK Specialty Risks, a professional and financial lines-focused underwriting agency with a network of more than 70 brokers across the country...
Suncorp fills newly created Group Executive role
17 May 2021
Suncorp is searching for a new Chief Risk Officer after the promotion of Fiona Thompson to the new role of Group Executive, People, Culture & Advocacy...
Tower lowers profit guidance as claims costs rise
17 May 2021
Tower has lowered its earnings guidance for this year due to an increase in large house claims, building inflationary pressures and reduced investment income...
Axa XL continues to write ransomware cover locally
17 May 2021
Axa XL says it continues to write ransomware in the Asia Pacific despite Paris-based Axa Group taking a decision to no longer offer cover for ransom payments in France...
CHU targets 'build to rent' property trend
17 May 2021
Strata specialist CHU has launched a product designed specifically for “build-to-rent” properties as the development style gains traction in Australia...
AUB 'performs strongly' in third quarter
10 May 2021
AUB Group says it performed strongly in the third quarter with Austbrokers premium rate increases of 5.9% at the top end of its estimated range and margin improvements flowing from the network consolidation strategy...
Steadfast gives more details on year-to-date performance
10 May 2021
Broking network Steadfast Group has provided further details on how its business performed so far in this financial year at a Macquarie Conference last week...
Allianz Partners returns to travel cover
10 May 2021
Allianz Partners is returning to the travel insurance market after revamping its policies and including cover that takes account of COVID-19 border-closure risks...
Gallagher acquires Canberra broker
10 May 2021
Gallagher has acquired Canberra-based Mutual Brokers for an undisclosed sum, further accelerating its presence in the Australian market...
Allianz launches 'behind you for what's ahead' campaign
10 May 2021
Allianz Australia has launched an advertising campaign that features the theme “behind you for what’s ahead” as the global insurer refreshes its brand...