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PSC on target as half-year earnings increase by more than 50%

22 February 2021

PSC Insurance Group says pre-tax earnings grew in excess of 50% in the six months to December 31 as forecast, driven by strong organic growth and solid contributions from recently acquired businesses, especially in the UK...

UK investment will take Resilium forward: Kitchin

22 February 2021

Resilium CEO and MD Adrian Kitchin says the strategic investment from Ardonagh Group - the UK’s largest independent insurance broker - is a boost to the authorised representative network’s growth plans...

Insurance House looks to scale up presence

22 February 2021

Insurance House Group expects to make further merger announcements after the Melbourne-based business entered into “strategically timed” partnerships with PSB Insurance Brokers and Malcolm Hutson & Associates...

Tower acquires legacy ANZ policies

22 February 2021

New Zealand’s Tower has acquired 23,000 legacy insurance policies it underwrote during the two decades to 2009, ending payments of commission to ANZ...

Custom Home sales end as Steadfast Domestic expands

22 February 2021

Steadfast says its Custom Home Insurance underwriting agency will cease offering new business or renewal terms on home and contents and landlords products from the start of April following the expansion of Steadfast Domestic...

Suncorp earnings rise as improvements pursued

15 February 2021

Suncorp earnings increased in the first half as higher premiums contributed to gains and the company says improvements it’s making in underwriting, distribution and claims will drive future growth...

Suncorp ends consumer sales through Vero

15 February 2021

Vero will no longer sell consumer and construction insurance through Australian brokers after moves to improve the performance of the business segments did not deliver required results for parent company Suncorp...

Genworth GWP jumps 30%, ready to withstand future claims

15 February 2021

Gross written premium at Genworth Mortgage Insurance jumped almost a third to $561.7 million last year and the lenders mortgage insurance heavyweight says it is ready for an expected surge in claims this year as stimulus support measures taper off...

Blue Zebra expands SME product to more occupations

15 February 2021

Underwriting agency Blue Zebra has announced the expansion of its SME Business Insurance offering to more occupations after the product received a strong response following its launch last November...

Motor warranty class action settled for $9.5 million

08 February 2021

Members of a motor warranty class action have agreed to settle the lawsuit for $9.5 million, significantly lower than the $47.6 million they were seeking from Davantage Group, a subsidiary of listed fleet leasing company McMillan Shakespeare...

PSC in upbeat mood ahead of earnings results

08 February 2021

PSC MD Tony Robinson says he is delighted with the way the business is performing ahead of the release later this month of the group’s financial results for the six months to December 31...

Network Insurance Group expands with Gold Coast acquisition

08 February 2021

Network Insurance Group has further expanded its presence in Queensland with the acquisition of long-term Burleigh Heads-based brokerage Australian Insurance Solutions, and says it has plans for continued growth in the Sunshine State...